GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Century Communities, Inc., (NYSE:CCS) today announced that its Jimmy Jacobs Homes subsidiary purchased 527 premier home sites in two leading communities in Austin, Texas. Century Communities has positioned itself as one of the top builders in Austin.
The Jimmy Jacobs Homes subsidiary acquired 423 home sites in the Pearson Place at Avery Ranch community. The community is a continuation of the very successful Avery Ranch master-planned community, which is located in one of Austin’s most sought after areas. The Avery Ranch community boasts premier amenities including five community centers, an outdoor amphitheater and direct access to hiking and biking trails, as well as unparalleled access to top-rated schools. The home sites will offer a diverse range of new home product in a highly desirable location.
The Jimmy Jacobs Homes subsidiary also acquired 104 wooded, acre home sites in the newly developed Reagan’s Overlook community, located just 30 miles northwest of Austin in Leander, Texas. The Reagan’s Overlook community is comprised of approximately 250 acres overlooking the San Gabriel River valley. The community’s home site features include cul-de-sac locations, mature oak trees and stunning views of the Texas hill country. The Reagan’s Overlook development is divided into three 3 phases totaling 190 home sites and the Company has contracted to purchase the additional phases of the community as well.
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About Century Communities:
Founded in 2002, Colorado-based Century Communities is a builder of single-family homes, townhomes and flats in select major metropolitan markets in Colorado, Texas, and Nevada. The Company offers a wide variety of product lines and is engaged in all aspects of homebuilding, including the acquisition, entitlement and development of land and the construction, marketing and sale of homes. Century Communities is a top 50 homebuilder in the United States and is one of the top five fastest growing homebuilders by total revenue. To learn more about Century Communities please visit www.centurycommunities.com.