Green Brick Partners, Inc. and Century Communities Announce New Land Acquisition in Austin, Texas
09 Ottobre 2023 - 10:05PM
Green Brick Partners and Century Communities today announced a new
joint development project in Austin, Texas. The two companies have
purchased approximately 165 acres of land in Braker Valley,
approximately 15 miles west of Trinity Ranch, a community where the
two companies are actively selling single-family homes. Green Brick
Partners, Inc. (“Green Brick”) is listed as one of Fortune
Magazine’s fastest-growing companies in 2022 and its
fastest-growing public homebuilder. Century Communities—top 10
national homebuilder, industry leader in online home sales, and the
highest-ranked homebuilder on Newsweek’s list of America’s Most
Trustworthy Companies 2023—offers new homes at multiple communities
in the greater Austin area.
Located at the junction of Blue Goose Road and Cameron Road in
northeast Austin, Braker Valley is conveniently central to downtown
Austin and Pflugerville, with close proximity to prominent commuter
routes like I-35, Highway 290 and Highway 130. Future residents
will also enjoy quick access to The University of Texas at Austin,
employment hubs like the Samsung Austin Semiconductor plant, plus
popular recreational destinations like Lady Bird Lake, Walnut Creek
Metropolitan Park, and Walter E. Long Metropolitan Park.
“The Austin area continues to experience population growth
driven by a resilient job market and excellent quality of life,
creating an influx of new families looking for affordable housing,”
said Jed Dolson, Chief Operating Officer of Green Brick Partners.
“We are excited to expand the footprint of Trophy Signature Homes,
one of Green Brick’s subsidiary homebuilders, in the Austin market
and are proud to be part of the solution of affordable housing
through our value-rich, entry-level homes.”
“We’re thrilled to be part of Braker Valley, bringing a
much-needed supply of quality new homes to a sought-after market
with fast growth and high demand,” said Liesel Cooper, National
President of Century Communities. “With our convenient online or
in-person homebuying process, a versatile selection of our most
popular Austin floor plans, and exceptional included features,
Braker Valley will make it easier than ever for homebuyers to
seamlessly explore options and find their best fit.”
The new community is expected to have 598 homesites with a mix
of 45-foot and 50-foot front-entry lots. The development is planned
to be split 50-50 between Trophy Signature Homes (a Green Brick
subsidiary) and Century Communities. Construction is currently
slated to start in early 2025, and each builder anticipates opening
for sales in the third quarter of 2025.
About Green Brick Partners, Inc.Green Brick
Partners, Inc. is a diversified homebuilding and land development
company that operates in Texas, Georgia, and Florida and has a
non-controlling interest in a Colorado homebuilder. Green Brick
owns five subsidiary homebuilders in Texas (CB JENI Homes, Normandy
Homes, Southgate Homes, Trophy Signature Homes, and a 90% interest
in Centre Living Homes), as well as a controlling interest in a
homebuilder in Atlanta, Georgia (The Providence Group) and an 80%
interest in a homebuilder in Port St. Lucie, Florida (GHO Homes).
Green Brick also owns a noncontrolling interest in Challenger Homes
in Colorado Springs, Colorado, and retains interests in related
financial services platforms, including Green Brick Title and BHome
Mortgage. The Company is engaged in all aspects of the homebuilding
process, including land acquisition and development, entitlements,
design, construction, marketing, and sales for its residential
neighborhoods and master-planned communities. For more information
about Green Brick Partners Inc.’s subsidiary homebuilders, please
visit greenbrickpartners.com/homebuilders.
About Trophy Signature HomesLaunched in 2018,
Trophy Signature Homes has rapidly expanded across Dallas-Fort
Worth and Austin. As a subsidiary of Green Brick Partners Inc., we
combine our local building expertise with the strong financial
resources of a national, diversified homebuilding and land
development company. Our modern exteriors are truly unique to our
brand, and our upgrade-rich floor plans along with environmentally
friendly features represent the best value to our buyers. For more
information about our homes and communities, please visit us at
TrophySignatureHomes.com or find us on Facebook and Instagram.
About Century CommunitiesCentury Communities,
Inc. (NYSE: CCS) is one of the nation's largest homebuilders, an
industry leader in online home sales, and the highest-ranked
homebuilder on Newsweek's list of America's Most Trustworthy
Companies 2023. Through its Century Communities and Century
Complete brands, Century's mission is to build attractive,
high-quality homes at affordable prices to provide its valued
customers with A HOME FOR EVERY DREAM®. Century is engaged in all
aspects of homebuilding — including the acquisition, entitlement
and development of land, along with the construction, innovative
marketing and sale of quality homes designed to appeal to a wide
range of homebuyers. The Company operates in 18 states and over 45
markets across the U.S., and also offers title, insurance and
lending services in select markets through its Parkway Title, IHL
Home Insurance Agency, and Inspire Home Loans subsidiaries. To
learn more about Century Communities, please visit
www.centurycommunities.com.
Green Brick Partners Contact:
Benting HuVice President of
Finance469-573-6755IR@greenbrickpartners.com
Trophy Signature Homes Contact:Yvette RheaVice
President of Marketing(469)
777-0271yrhea@trophysignaturehomes.com
Century Communities Contact:Alyson BennVice
President of Corporate
Marketing
303-558-7352
Alyson.Benn@centurycommunities.com
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