Southgate Homes Expands Into Lucas, TX With New Brockdale Estates Community


Posted by Staff Contributor on October 8, 2019 at 8:30 pm

PLANO, Texas, Aug. 29, 2019 (GLOBE NEWSWIRE) — Green Brick Partners, Inc. (Nasdaq: GRBK) (“Green Brick”) is pleased to announce that Green Brick Partners’ subsidiary, Southgate Homes, has expanded into Lucas, Texas with its newest community, Brockdale Estates.

Southgate plans to build 44 homes in the community, ranging from 2,841-3,995 square feet with 3-4 bedrooms and 3-4.5 bathrooms. The company is offering 7 oversized one-story plans and anticipates having move in ready homes as early as October 2019. Home prices in the coveted Love Joy ISD community start from the mid $500’s.

“Brockdale Estates is the perfect community for buyers seeking luxury homes with ample flexibility in design,” said Jay Hankla, President of Southgate Homes. “Our goal at Southgate is to offer semi-custom luxury homes and build on your lot opportunities. Each of our floorplans is incredibly customizable and buyers are able to create one-of-a-kind homes by customizing our award-winning designs.”

The lakeside community is within minutes of some of Collin County‘s best shopping, dining, and entertainment venues – and the immediate area offers a wealth of opportunities to immerse buyers in the local lifestyle.

“We are pleased to continue funding Southgate Homes’ growth. With their anticipated expansion into Prosper and ongoing expansion in Frisco, we are expecting big things from Southgate Homes in 2020 and beyond,” said Jim Brickman, CEO of Green Brick Partners.

Southgate’s model home, located at 410 Lakeshore Blvd, Lucas Texas, is now open 10:00 am – 6:00 pm Monday through Saturday, and 12:00 pm – 6:00 pm on Sundays. In addition to its community in Lucas, Southgate Homes can be found in Allen, Frisco, Prosper, Argyle, Haslet and Sunnyvale, TX.

About Green Brick Partners, Inc.:

Green Brick Partners, Inc. (Nasdaq: GRBK) is a diversified homebuilding and land development company. Green Brick owns a controlling interest in five homebuilders in Dallas, Texas (CB JENI Homes, Normandy Homes, Southgate Homes, Centre Living Homes, and Trophy Signature Homes), as well as a homebuilder in Atlanta, Georgia (The Providence Group) and a homebuilder in Port St. Lucie, Florida (GHO Homes). Green Brick also owns a noncontrolling interest in Challenger Homes in Colorado Springs, Colorado and retains interests in related financial services platforms, including Green Brick Title, Providence Group Title, and Green Brick Mortgage. The Company is engaged in all aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, and sales for its residential neighborhoods and master planned communities.