KB Home Announces the Grand Opening of Three New Communities Within the Canyon Creek Neighborhood in Desirable Erie, Colorado

ERIE, Colo.--(BUSINESS WIRE)--Aug 22, 2025--

KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of The Nest Classic, Reserve and Villas at Canyon Creek, three new-home communities in sought-after Erie, Colorado. Nestled between Denver and Boulder, the historic town blends scenic beauty, vibrant community life and a wide variety of outdoor recreation. The new homes are designed for the way people live today, with popular features like modern kitchens overlooking large great rooms, bedroom suites with walk-in closets, spacious lofts and ample storage space. The one- and two-story, single-family homes at The Nest Classic feature up to five bedrooms and three baths, while the one- and two-story homes at The Nest Reserve feature up to six bedrooms and four baths. The beautiful, paired homes at The Nest Villas offer up to six bedrooms and four baths and private, fenced side yards. Homeowners will appreciate the communities' stunning mountain views and being walking distance to schools and parks.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250822194412/en/

What sets KB Home apart is the company’s focus on building strong, personal relationships with every customer, so they have a real partner in the homebuying process. Every KB home is uniquely built for each customer, so no two KB homes are the same. Homebuyers have the ability to personalize their new home, from floor plans to exterior styles to where they live in the community. Their home comes to life in the KB Home Design Studio, a one-of-a-kind experience where customers get both expert advice and the opportunity to select from a wide range of design choices that fit their style and their budget. Reflecting the company's commitment to creating an exceptional homebuying experience, KB Home is the #1 customer-ranked national homebuilder based on homebuyer satisfaction surveys from a leading third-party review site.

“We are proud to offer Denver-area homebuyers spacious new homes in the historic town of Erie, Colorado, which is ideally situated between Denver and Boulder,” said Kevin McAndrews, President of KB Home’s Colorado division. “The Nest Classic, Reserve and Villas at Canyon Creek are within walking distance of local schools and family friendly parks, including Country Fields Park, which features sports fields, open space and a children’s playground. Homeowners will also appreciate the communities' stunning views of the Rocky Mountains. At KB Home, we’re here to help you achieve your dream with a personalized new home built uniquely for you and your life.”

Innovative design plays an essential role in every home KB builds. The company’s floor plans inspire contemporary living, with a focus on roomy, light-filled spaces that have easy indoor/outdoor flow. KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are also designed to be ENERGY STAR ® certified — a standard that fewer than 12% of new homes nationwide meet — offering greater comfort, well-being and utility cost savings than new homes without certification.

The Nest Classic, Reserve and Villas at Canyon Creek are in a commuter-friendly location that offers homebuyers an exceptional lifestyle. The new communities are situated at the corner of Tellen Avenue and Lombardi Street, just west of Interstate 25, providing easy access to E-470, downtown Denver, Boulder and Denver International Airport. Canyon Creek is also close to shopping, dining and entertainment at Target, Lowe's®, King Soopers®, Starbucks™, The Orchard Town Center, AMC Theatres and Topgolf®. Homeowners will appreciate the proximity to the Erie Community Center, which hosts outdoor summer concerts and offers a lap and leisure pool, lazy river, running track, climbing wall and sports courts and fields. The communities are also just a short drive to the Rocky Mountains, which features year-round recreation and world-class resorts.

The Nest Classic, Reserve and Villas sales offices and model homes are open for walk-in visits and private in-person tours by appointment. Homebuyers also have the flexibility to arrange a live video tour with a sales counselor. Pricing begins from the low $500,000s.

For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.

About KB Home

KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 49 markets, have built nearly 700,000 quality homes in our more than 65-year history, and are honored to be the #1 customer-ranked national homebuilder based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR ® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.

KB Home announces the grand opening of The Nest Classic and Reserve at Canyon Creek in sought-after Erie, Colorado.

KB Home announces the grand opening of The Nest Villas at Canyon Creek in sought-after Erie, Colorado.

Amazon is slashing about 16,000 corporate jobs in the second round of mass layoffs for the ecommerce company in three months.

The tech giant has said it plans to use generative artificial intelligence to replace corporate workers. It has also been reducing a workforce that swelled during the pandemic.

Beth Galetti, a senior vice president at Amazon, said in a blog post Wednesday that the company has been “reducing layers, increasing ownership, and removing bureaucracy.”

The company did not say what business units would be impacted, or where the job cuts would occur.

The latest reductions follow a round of job cuts in October, when Amazon said it was laying off 14,000 workers. While some Amazon units completed those “organizational changes” in October, others did not finish until now, Galetti said.

She said U.S.-based staff would be given 90 days to look for a new role internally. Those who are unsuccessful or don't want a new job will be offered severance pay, outplacement services and health insurance benefits, she said.

“While we’re making these changes, we’ll also continue hiring and investing in strategic areas and functions that are critical to our future,” Galetti said.

CEO Andy Jassy, who has aggressively cut costs since succeeding founder Jeff Bezos in 2021, said in June that he anticipated generative AI would reduce Amazon’s corporate workforce in the next few years.

The layoffs announced Wednesday are Amazon’s biggest since 2023, when the company cut 27,000 jobs.

Meanwhile, Amazon and other Big Tech and retail companies have cut thousands of jobs to bring spending back in line following the COVID-19 pandemic. Amazon's workforce doubled as millions stayed home and boosted online spending.

The job cuts have not arrived with a company on shaky financial ground.

In its most recent quarter, Amazon's profits jumped nearly 40% to about $21 billion and revenue soared to more than $180 billion.

Late last year after layoffs, Jassy said job cuts weren’t driven by company finances or AI.

“It’s culture,” he said in October. “And if you grow as fast as we did for several years, the size of businesses, the number of people, the number of locations, the types of businesses you’re in, you end up with a lot more people than what you had before, and you end up with a lot more layers.”

Hiring has stagnated in the U.S. and in December, the country added a meager 50,000 jobs, nearly unchanged from a downwardly revised figure of 56,000 in November.

Labor data points to a reluctance by businesses to add workers even as economic growth has picked up. Many companies hired aggressively after the pandemic and no longer need to fill more jobs. Others have held back due to widespread uncertainty caused by President Donald Trump’s shifting tariff policies, elevated inflation, and the spread of artificial intelligence, which could alter or even replace some jobs.

While economists have described the labor situation in the U.S as a “no hire-no fire” environment, some companies have said they are cutting back on jobs, even this week.

On Tuesday, UPS said it planned to cut up to 30,000 operational jobs through attrition and buyouts this year as the package delivery company reduces the number of shipments from what was its largest customer, Amazon.

That followed 34,000 job cuts in October at UPS and the closing of daily operations at 93 leased and owned buildings during the first nine months of last year.

Also on Tuesday, Pinterest said it plans to lay off under 15% of its workforce, as part of broader restructuring that arrives as the image-sharing platform pivots more of its money to artificial intelligence.

Shares of Amazon Inc., based in Seattle, rose slightly before the opening bell Wednesday.

FILE - The Amazon logo is displayed at a news conference in New York on Sept. 28, 2011. (AP Photo/Mark Lennihan, File)

FILE - Shopping carts are positioned outside an Amazon Fresh grocery store in Warrington, Pa., Feb. 4, 2022. (AP Photo/Matt Rourke, File)

FILE - People walk out of an Amazon Go store in Seattle, March 4, 2020. (AP Photo/Ted S. Warren, File)