WHAT’S NEW

Patrick Malloy Communities Announces the Grand Opening of The Oaks at Mill Pond in Carrollton
Townhomes Priced from the $110s to the $140s

Carrollton , GA , October 25, 2005 – Patrick Malloy Communities today announced the opening of The Oaks at Mill Pond in Carrollton . The Oaks is an enclave of 64 spacious townhomes from Patrick Malloy Communities’ popular Cambridge and Williamsburg collections. The townhomes include two and three bedroom two-story floor plans and are priced from the $110s to the $140s.

Mill Pond is Carrollton 's first master-planned swim and tennis community. It is located between Newnan Road and Old Newnan Road . Mill Pond embraces more than 100 acres of lush rolling countryside and is replete with mature hardwoods, pine groves and a spring-fed pond situated adjacent to Mill Pond’s Clubhouse.

The community is located 40 minutes west of Atlanta in Carrollton . Carrollton is easily accessed by Interstate 20, US Highways 27, 78 and eight state highways. The city is known for its beautiful natural surroundings, recreation and history. To visit Mill Pond f rom Atlanta : take I-20 West to Exit 24, Villa Rica / Carrollton exit. Turn left on Highway 61 south, travel approximately 11 miles to Carrollton . Turn left at Highway 166 West - bypass intersection. Proceed 1.5 miles to 2nd traffic light. Turn left on Highway 16 South ( Newnan Highway ). Mill Pond will be 1/4 mile on the left.

The decorator model home, The Somerville, is now open daily. For more information on these townhomes or The Oaks at Mill Pond call 770-214-0530 or visit www.millpond.net.

Life at Mill Pond

Mill Pond offers both homes and townhomes suited to virtually every taste and lifestyle. The focal points for the community are two spring-fed fully-stocked fishing ponds. The ponds provide the perfect retreat for families looking for a leisurely day of fishing and relaxation. Mill Pond’s distinctive neighborhoods are linked together by a beautifully landscaped Central Boulevard leading to a 3-acre recreational complex with a lighted tennis courts, a Jr. Olympic pool and a children's playground. A historical period-style Clubhouse is centrally located to the neighborhoods, and offers spacious entertaining areas for parties and special occasions.

The Oaks at Mill Pond
The Oaks at Mill Pond offer maintenance-free living and master-planned amenities. This intimate section of Mill Pond features Patrick Malloy Communities’ Williamsburg and Cambridge collections of townhomes priced from the $110s to $140s.

• The Williamsburg Collection features two-story townhomes with brick fronts. Inside there are two and three bedroom options, including our Wingate which offers an owners bedroom on the main floor. The homes feature 2.5 baths, and a cozy family room that provides a great place for gatherings or entertaining. The homes range in size from just over 1200 square feet to more than 1500 square feet.
• The Cambridge Collection features brick fronts and covered porches. These townhomes are available in two and three bedroom floor plans with 2.5 bathrooms including an owners bath with a separate shower and tub, and double vanity sinks. Additional designer amenities include vaulted bedroom ceilings, open hand railings, and tech centers per plan. These homes range in size from just over 1300 square feet to over 1500 square feet and feature single car garages.
  

About Patrick Malloy Communities

Patrick Malloy Communities is among the most active builders in the metropolitan Atlanta area, having built homes in several master planned communities including: Monarch Village, Summergrove, Avery Park, Canterbury , City Square , Mirror Lake , Anneewakee Trails and Ridenour. The Company is also a key home builder at Harmony on the Lakes in Cherokee County , StoneBridge in Coweta County , and is actively building in Mill Pond in Carroll County , Brookmont in Douglas County , and Union Crossing, The Lakes at Cedar Grove, and Providence Place all in South Fulton . The Company was recognized with the distinguished Atlanta Business Chronicle’s Pacesetter Award for its performance in 2005. The award recognizes the 50 fastest growing privately held companies in metro Atlanta . Patrick Malloy Communities was also named to Builder Magazine’s 2005 Fast Track list of homebuilders nationwide.

Following both his father and grandfather into the homebuilding business, Malloy purchased the family owned business in 1994. Under his direction, the firm was restructured and the focus shifted to building in master planned communities. Patrick Malloy Communities strives to provide high quality homes to young professionals and families at affordable prices.

Homes built by Patrick Malloy Communities offer exceptional features and fine details usually reserved for higher-priced homes. These features often include spacious rooms; arched entryways; vaulted and trey ceilings; quality name brands; and nine foot ceilings on the main story. Architectural details and a variety of materials help define the distinctive home exteriors. Intricate care is taken to ensure a quality home at an affordable price. For more information visit: www.pmcommunities.com.