Meritage Homes, the fifth-largest public homebuilder in the
U.S., and Trophy Signature Homes, a subsidiary of Green Brick
Partners, Inc. (NYSE: GRBK), the third largest homebuilder in
Dallas-Fort Worth, announced today its newest development in
Huffman, Texas. This is Trophy Signature Homes’ debut in the
Houston market.
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Riviera Pines is an exciting new residential community in a
prime location just south of the Grand Parkway, providing direct
access to destinations such as South Woodlands, Exxon Mobil HQ, and
more. With a combined total of 920 residential lots, Meritage Homes
and Trophy Signature Homes will offer one- and two-story
single-family homes on three lot sizes – 40’, 45’ and 50’.
Riviera Pines will feature an on-site amenity center, offering
residents a host of recreational and leisure options. The community
will also provide residents access to quality education in the
Huffman Independent School District.
Nestled within a tree-lined landscape, the community offers
picturesque views and serene surroundings. Meritage Homes and
Trophy Signature Homes will preserve the natural beauty of the
area, ensuring that Riviera Pines remains an oasis amidst the
bustling city.
Homes will start in the high $200,000s and range in size from
approximately 1,200 to 3,000 square feet with 3 to 5 bedrooms and 2
to 4 bathrooms.
“With demand for new homes increasing among first-time buyers
who want to escape escalating rents, families ready to purchase a
home in Riviera Pines can take advantage of monthly savings that
result from living in a highly energy-efficient Meritage home,”
said Kyle Davison, Meritage Homes Houston Division President.
"We are thrilled to introduce Trophy Signature Homes to the
Houston market," said Bobby Samuel, National Vice President of
Land. "We provide modern architecture at an affordable price,
offering families in Houston the opportunity to own their first
home in a community with unparalleled amenities.”
Trophy simplifies the home buying process through transparency.
The features and upgrades displayed in the model homes are standard
and always included in the home’s price. This eliminates
uncertainties regarding surprise costs and the final price, which
is often a concern for new home buyers.
Phase 1 of Riviera Pines is targeted for delivery in Q2 of 2025,
with subsequent phases and amenities following soon after.
About Meritage Homes Corporation
Meritage Homes is the fifth-largest public homebuilder in the
United States, based on homes closed in 2023. The Company offers
energy-efficient and affordable entry-level and first move-up
homes. Operations span across Arizona, California, Colorado, Texas,
Florida, Georgia, North Carolina, South Carolina, Tennessee and
Utah.
Meritage Homes has delivered over 175,000 homes in its 38-year
history, and has a reputation for its distinctive style, quality
construction, and award-winning customer experience. The Company is
an industry leader in energy-efficient homebuilding, a ten-time
recipient of the U.S. Environmental Protection Agency’s ("EPA")
ENERGY STAR® Partner of the Year for Sustained Excellence Award
since 2013 for innovation and industry leadership in energy
efficient homebuilding, and the recipient of the EPA's 2023 Market
Leader Award for Certified Homes as well as the EPA's 2023 Indoor
airPLUS Leader Award.
For more information, visit www.meritagehomes.com.
About Trophy Signature Homes
As a subsidiary of Green Brick Partners Inc., Trophy Signature
Homes combines local building expertise with the strong financial
resources of a national, diversified homebuilding and land
development company. The Company is renowned for its modern
architectural designs, comprehensive upgrades bundled with the
home’s price, and its affiliation with the U.S. Environmental
Protection Agency (EPA), ensuring ENERGY STAR® certified homes.
For more information about homes and communities, please visit
TrophySignatureHomes.com or connect on Facebook, Instagram and
TikTok.
About Green Brick Partners, Inc.
Green Brick Partners, Inc (NYSE: GRBK), the third largest
homebuilder in Dallas-Fort Worth, is a diversified homebuilding and
land development company that operates in Texas, Georgia, and
Florida. 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 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/brands-services.
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version on businesswire.com: https://www.businesswire.com/news/home/20240325801706/en/
Meritage Homes: Sheridan Burnett (512) 610-6718
sheridan.burnett@meritagehomes.com
Trophy Signature Homes: Yvette Rhea (469) 777-0271
yrhea@trophysignaturehomes.com
Green Brick Partners: Benting Hu (469) 573-6755
IR@greenbrickpartners.com
Green Brick Partners (NYSE:GRBK)
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