Martha Stewart Living Omnimedia Inc. and KB Home, one of the country’s largest home builders, announced Wednesday that they would team up to build a line of new houses.

Their first jointly designed community – to be named KB Home Twin Lakes: Homes Created with Martha Stewart – will feature about 650 homes in Cary, N.C., a suburb of Raleigh, the companies said.

Model homes, including the Lily-Pond, are scheduled to be completed early next year.