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Riverton —Richmond American Homes of Utah, a subsidiary of M.D.C. Holdings, Inc., has closed on a land purchase in Riverton, where it plans to create a new housing community called Royal Farms.
The community is planned to offer a variety of new single- and two-story homes ranging from approximately 2,800 to 4,100 finished square feet. It is scheduled to open during the fourth quarter of 2013. Royal Farms is expected to feature a combined total of 78 home sites.