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Tri Pointe Homes has broken ground in a new master-planned community in Austin, responding to soaring demand in the market for single-family homes. The homebuilder has partnered with Meritage Homes to develop Homestead at Old Settlers Park, a 178-acre land site in North Austin. Tri Pointe will build 217 single-family homes, and Meritage will build 263 homes.

“The Austin housing market continues to be extremely robust with high demand and the lowest inventory levels in history,” Bryan Havel, division president at Tri Pointe Homes, tells GlobeSt.com. “Add to that the strength of the nearby Round Rock submarket and the amazing location of Homestead at Old Settlers Park, which is close to so many things families desire—Dell Diamond, Old Settler’s Park and Kalahari Resort. Round Rock is also known for its great schools.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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