GRBK - Green Brick Partners Inc. and Century Communities Announce New Land Acquisition in Austin Texas | Benzinga
AUSTIN, Texas, Oct. 09, 2023 (GLOBE NEWSWIRE) -- 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 ...