Ribbon-Cutting Ceremony Unveils New 12 Oaks Community

New Wakefield Development Company Master-Planned Community Takes Shape in Holly Springs

Holly Springs, N.C., September 25, 2007—A ribbon-cutting ceremony marked the grand opening of the Welcome Center for 12 Oaks, Wakefield Development Company’s newest master-planned community. Holly Springs and Wake County officials joined company and builder representatives to witness Dick Sears, Holly Springs mayor, and John Myers, president of Wakefield Development Company, cut the ribbon at the prestigious community.

Covering 687 acres and offering more than 1,300 townhomes and single-family homes, 12 Oaks is a classic southern community featuring Colonial, Greek and Southern Antebellum Revival and Victorian architecture.

“We are grateful to city and county officials and our many business partners in the community for helping us bring the vision of 12 Oaks to life,” said John Myers. “The Welcome Center is the perfect centerpiece of the 12 Oaks community, where luxurious modern features will be combined with traditional southern influences.”

Amenities at 12 Oaks will include a Sports and Aquatic Center complete with fitness facilities, snack bar, tennis courts and pro shop, competition and family pools, and a children’s playground. In addition, parks and open spaces will be placed throughout the community. An 18-hole championship Nicklaus Design Group golf course will be complemented by an antebellum-style clubhouse, scheduled to open in 2009, featuring formal dining, a ballroom, member’s grill and a golf pro shop.

For more information on 12 Oaks and Wakefield Development Company, please go to www.visit12oaks.com or call 919-622-3779.

About Wakefield Development Company
Signature Communities. Ideal Opportunities.

Wakefield Development Company (WDC), the 2007 NCHBA Developer of the Year, is central North Carolina’s largest developer of residential communities. From tranquil lakeside property and affordable country club living to traditional neighborhood developments with small-town charm and inspiring communities with true urban flair to unique resort-style coastal communities, the WDC portfolio includes almost 18,000 homesites across the central and coastal regions of the state. In addition to the 2004 NCHBA Community of the Year, Bedford at Falls River, the company has six other communities across the Raleigh-Wake County market, including Wakefield Plantation, Eagle Ridge, Edgewater, Cornerstone, Delta Ridge and Twin Lakes.  WDC is developing Mackintosh on the Lake in Burlington, and has begun construction on two new Triangle area communities, Renaissance Park and 12 Oaks. Wakefield Development Company entered the coastal market in 2007 with the launch of San Rio Ocean & River Club and Kingfish Bay.  For more information, call 1-866-223-1280, visit www.wakedev.com, or email info@wakedev.com.