Austin Business Journal reports, "As Austin’s housing inventory continues to grow, a Dallas-based homebuilder with a national footprint is increasing its presence in the Texas capital.
Landsea Homes Corp. (Nasdaq: LSEA) signed an 8,000-square-foot lease for an office at North Austin’s Stonebridge Plaza, according to an announcement. The company will leave its current office at 4001 W. Parmer Lane, which is roughly 4,500 square feet, when the new office opens in early 2025.
“Landsea Homes has been expanding rapidly in the Austin area over the last year and we have quickly outgrown our current office space,” said Jill Wasik, Landsea’s director of sales and marketing for its Austin division, in a statement. “Stonebridge Plaza is centrally located, amenity rich and provides an overall great environment for our employees, partners and vendors to meet, collaborate, and train.”
About 15 Landsea employees will work out of the new office, located at 9600 N. MoPac Expressway, when it opens, but it can accommodate up to 30. Landsea isn't currently hiring for any roles in Austin, according to its website.
Landsea established itself in the Austin area in 2021 with the acquisition of custom homebuilder Vintage Estate Homes, according to Austin Business Journal research. In 2023, the homebuilder only closed on four homes, but that number could be much higher on ABJ’s next list of volume homebuilders based on Landsea’s pipeline.
The company is building 880 homes within Kyle's Freedom at Anthem development, Wasik said, and it recently closed on 210 homes at Kyle’s Parkton Square development. Landsea also is active and selling homes in Manor’s Village at Manor Commons, Round Rock’s Avery Center and Liberty Hill’s Lariat.
Landsea has developed homes and communities in Boston, New York, New Jersey, Arizona, Colorado, Florida and California."
Source: Austin Business Journal
Written by: Cody Baird
Published: October 5, 2024
Posted by Grossman & Jones Group on
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