New community in Liberty Hill will consist of 84 single-family
homes
AUSTIN,
Texas, Aug. 3, 2023 /PRNewswire/ -- Landsea Homes
Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a
publicly traded residential homebuilder, announced today the
purchase of 84 finished lots in the Lariat master-planned community in
Liberty Hill, Texas.
"It's an exciting time for the company and Texas division as we expand both our presence
and our portfolio with the acquisition of these new homesites in
the greater Austin metro area,"
said Vince Ruffino, Texas Division
President, Landsea Homes. "We look forward to providing our
exceptional, high-quality, High-Performance homes at Lariat in the very near future. Today's
announcement further demonstrates our commitment to this region as
we remain bullish about the Texas
housing market. Our strategic focus continues to be about bringing
our best-in-class homes to the state's most desirable cities."
Landsea Homes' new neighborhood in Lariat will consist of
84 single-family homes with five different floor plans including
options for single and two-story homes and ranging from 1,500 to
2,200 square feet. Pricing will be announced at a later date. The
community boasts beautiful topography and rolling hills that give
it a unique Hill Country feel. The development is under way and
model home construction is expected to begin in July.
Community amenities at Lariat
will include a pool, splash pad, event lawn and community pavilion.
Additionally, homeowners will enjoy pocket parks, a playground,
7-mile trail system throughout the community and a stocked fishing
pond. Space is also reserved for a future on-site elementary
school.
All homes at Lariat by Landsea
Homes will be equipped with the company's renowned High Performance
Home features, including smart home automation technology utilized
by the Apple HomeKit™ environment. The smart home automation
features include an Apple® HomePod mini™, wireless network Internet
throughout the home, entry door locks, thermostat control, garage
door opener control, light dimmer switches, doorbell camera
pre-wire, and high-touch customer service with an individualized
training session. Select homes in Lariat will feature LiveFlex® space,
gourmet kitchens and pocket offices among other high-quality
features.
Landsea Homes recently closed on 38 homesites in the Avery
Centre master-planned community in Round
Rock, Texas. Avery Centre will consist of attached
townhomes with options for three to four bedrooms ranging from
1,600 to 1,900 square feet. Pricing will be announced at a later
date.
The company is also currently developing 880 single-family homes
at Freedom at Anthem in Kyle,
Texas. At full buildout, Anthem will include approximately
1,500 single-family homes, an elementary school, The Central Park
amenity center with a lap pool, playground area, pickleball and
basketball courts, soccer field, open-air pavilion, community
garden and more. The neighborhoods connect with an extensive system
of bike lines and sidewalks, and more than 30% of the property is
bordered by permanently protected open space. Pricing will be
announced at a later date.
In March, Landsea Homes announced it will be moving its
corporate headquarters from Newport
Beach, California to Dallas,
Texas.
The greater Austin market is
one of the fastest growing new home markets in the country.
Austin metro now ranks
29th among the nation's largest metros according to the
most recent U.S. Census data released in 2021. Major companies like
Tesla are moving their corporate and regional headquarters to
Central Texas, joining Apple,
Charles Schwab, Dell, eBay, General Motors, Home Depot, IBM,
Kendra Scott, Oracle, VISA, Whole
Foods and Yeti. Strong employment opportunities combined with the
region's lower taxes, fewer business regulations that are
attracting companies looking to relocate and a relative lower cost
of living makes the region a magnet for
new homebuyers.
For more information about Landsea Homes, visit
http://www.landseahomes.com.
About Landsea Homes Corporation
Landsea Homes Corporation (Nasdaq: LSEA) is a publicly
traded residential homebuilder based in Dallas, Texas that designs and builds
best-in-class homes and sustainable master-planned communities in
some of the nation's most desirable markets. The company has
developed homes and communities in New
York, Boston, New Jersey, Arizona, Florida, Texas and throughout California in Silicon Valley, Los Angeles, and Orange County. Landsea
Homes was named the 2022 winner of the prestigious Builder of the
Year award, presented by BUILDER magazine, in recognition of a
historical year of transformation.
An award-winning homebuilder that builds suburban, single-family
detached and attached homes, mid-and high-rise properties, and
master-planned communities, Landsea Homes is known for creating
inspired places that reflect modern living and provides homebuyers
the opportunity to "Live in Your Element." Our homes allow people
to live where they want to live, how they want to live – in a home
created especially for them.
Driven by a pioneering commitment to
sustainability, Landsea Homes' High Performance Homes are
responsibly designed to take advantage of the latest innovations
with home automation technology supported by Apple®. Homes include
features that make life easier and provide energy savings that
allow for more comfortable living at a lower cost through
sustainability features that contribute to healthier living for
both homeowners and the planet.
Led by a veteran team of industry professionals who boast years
of worldwide experience and deep local expertise, Landsea Homes is
committed to positively enhancing the lives of our homebuyers,
employees, and stakeholders by creating an unparalleled lifestyle
experience that is unmatched.
For more information on Landsea Homes, visit:
www.landseahomes.com.
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SOURCE Landsea Homes