Followers | 240 |
Posts | 12051 |
Boards Moderated | 0 |
Alias Born | 04/05/2009 |
Monday, December 14, 2015 5:05:52 PM
PLANO, TX--(Marketwired - December 14, 2015) - Plano-based Green Brick Partners, Inc. recently acquired 52 acres in southern Flower Mound at Gerault Road and FM 2499 for the development of 450 home sites with a build out value of approximately $160 million.
The planned town homes and patio homes are an integral part of a 110 acre master planned development called Southgate, that will also include restaurants, retail, and offices.
Jed Dolson, Green Brick's Head of Acquisitions, said, "The first phase of residential development will commence in the spring of 2016, with model homes opening in early 2017. Southgate will be one of the most desirable neighborhoods in Flower Mound and only minutes from Verizon's proposed 157 acre 3.5 million square foot mixed use campus just announced in Irving."
Southgate is Green Brick Partner's fourth neighborhood in Flower Mound and a follow-up to its popular Lakeside neighborhoods. The patio homes and townhomes will be built by Green Brick Partner's subsidiary, CB JENI Homes. The homes are designed around 5 acres of parkland with walking trails connecting owners to the $1.5 million dollar amenity center, complete with a pool, work out room, and entertaining areas.
"We are excited to expand from of our Lakeside experience, offering homes targeting empty nesters and young professionals with even better amenities and access to DFW Airport and employments centers," said Steve Schermerhorn, Division President of CB JENI Homes.
Green Brick Partners (NASDAQ: GRBK) owns a controlling interest in four homebuilding companies in the Dallas area -- Normandy Homes, CB JENI Homes, Centre Living Homes and Southgate Homes. Its Providence Group is a leading homebuilder in Atlanta. The company currently controls approximately 4,500 prime home sites and is building in Allen, Carrollton, Flower Mound, Frisco, Keller, McKinney and Plano as well as in other DFW markets and in Atlanta, Georgia markets.
"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
Recent GRBK News
- Green Brick Partners, Inc. Reports Record First Quarter 2024 Results • Business Wire • 05/01/2024 08:15:00 PM
- Green Brick Partners, Inc. Announces Dates For 8-K Filing and Earnings Call • Business Wire • 04/10/2024 08:10:00 PM
- Riviera Pines: A New Residential Community Coming to the Grand Parkway of Houston • Business Wire • 03/25/2024 08:08:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 01:15:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 01:15:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 01:14:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 01:14:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 01:14:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 01:14:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 01:13:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 02:42:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 09:41:21 PM
- Green Brick Partners, Inc. Reports Fourth Quarter and Full Year 2023 Results • Business Wire • 02/29/2024 09:34:00 PM
- Green Brick Partners, Inc. and Hersh Family Investments Announce Rainwater Crossing, a New Joint Venture Community in Celina, Texas • GlobeNewswire Inc. • 02/22/2024 10:14:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 09:09:30 PM
- Normandy Homes Partners with Operation Finally Home to Deliver Mortgage-Free Home for Veteran in Celina, Texas • GlobeNewswire Inc. • 02/13/2024 09:10:00 PM
- Green Brick Partners, Inc. Announces Dates For 8-K Filing and Earnings Call • GlobeNewswire Inc. • 02/08/2024 09:10:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 09:04:02 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 01/04/2024 09:05:58 PM
- Green Brick Partners, Inc. Receives Platinum Safety Partner Award from Texas Mutual • GlobeNewswire Inc. • 12/19/2023 09:06:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/15/2023 09:10:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 09:26:56 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/12/2023 09:04:50 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/12/2023 09:04:27 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/12/2023 09:03:59 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM