AUSTIN, TX—TRI Pointe Group's Trendmaker Homes acquired new landin the Austin market for a residential neighborhood. Located onemile east of Interstate 35 in the new Turner's Crossing plannedcommunity, the Trendmaker property will offer 324 single-familydetached homes across six sections upon buildout.
"This acquisition not only comes in a top 10 national market,one that has experienced very impressive population growthrecently, but it will also give Trendmaker a strategic opportunityto diversify our new home offerings to serve a key demand segment,"said Terry Shuffler, vice president and general manager atTrendmaker Homes Austin. "The Austin metropolitan area has seenmost residential starts and closings in the $200,000 range. We areexcited to be able to deliver quality, well-located product in thatsingle-family sweet spot."
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