GRBK - Green Brick Partners to develop new residential community in Princeton Texas

Green Brick Partners (NYSE:GRBK) said Tuesday it closed on the purchase of ~427 acres in Princeton, Texas, for the development of residential community Windmore. Windmore will be located south of County Road 398 and west of County Road 447, on one of the last large remaining single-family tracts in the Princeton area. GRBK is currently developing 3 additional communities nearby: 2.3K+ home community of Eastridge in Princeton, 800+ home community of Southridge in Princeton, and 1.8K+ home community of Lakehaven in Farmersville. Trophy Signature Homes, one of GRBK's subsidiary homebuilder brands, will be bringing their sought-after homes to the community through a mixture of 50- and 60-foot homesites in the for-sale component of the community. Green Brick Partners currently owns or controls 3.5K homesites in Princeton and will begin construction of homes in Eastridge, its second Princeton community, this summer. "This coming year, excluding capital invested buying land and finished

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Green Brick Partners to develop new residential community in Princeton, Texas