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LGI Homes Opens First Community in Baltimore

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LGI Homes (NASDAQ: LGIH) has announced the opening of McCormick Place, its first community in Baltimore, Maryland. Located 7 miles from downtown Baltimore in the Rosedale area, McCormick Place offers upgraded townhomes starting in the $360s. These townhomes feature three bedrooms, two-and-a-half bathrooms, an attached one-car garage, and a covered porch. Future plans include one and two-story single-family homes. Each home comes with LGI Homes' CompleteHome™ package, which includes stainless-steel Whirlpool® kitchen appliances, granite countertops, designer wood cabinetry, vinyl plank flooring, and a Wi-Fi enabled garage door opener. Prospective buyers can schedule a visit by calling or visiting the company's website.

Positive
  • Opening of first community in Baltimore, expanding LGI Homes' market reach.
  • Townhomes starting in the $360s, offering affordable home ownership.
  • Located 7 miles from downtown Baltimore, providing convenient access to major highways.
  • Homes feature modern upgrades including stainless-steel kitchen appliances and granite countertops.
Negative
  • The press release does not mention the financial impact or projected sales figures of the new community.

New Townhomes Minutes from Downtown Start in the $360s

BALTIMORE, June 24, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced the opening of its first community in Baltimore, Maryland. McCormick Place offers homebuyers upgraded townhomes just northeast of Baltimore.

“We are excited to introduce McCormick Place, our first community in Baltimore,” said Paul DiConsiglio, Vice President of Operations for LGI Homes. “Located in the quaint Rosedale section, just 7 miles from downtown and the beautiful Inner Harbor, McCormick Place is offering townhomes from the mid-300’s. We offer our customers an affordable alternative to renting in an amazing location accessible to all the major highways, but with a suburban feel,” said DiConsiglio.

McCormick Place features thoughtfully designed townhome floor plans with three bedrooms and two-and-a-half bathrooms. Every home also has an attached one-car garage and a covered porch. The community is also slated to offer one and two-story single-family homes in the future. Each residence boasts an open-concept layout, spacious family room and chef-ready kitchen, enhanced by LGI Homes’ CompleteHome™ package. A suite of upgrades come included with each home, such as stainless-steel Whirlpool® kitchen appliances, granite kitchen countertops, designer wood cabinetry, vinyl plank flooring, a Wi-Fi enabled garage door opener and so much more!

Homes at McCormick Place are priced from the $360s. Prospective buyers can schedule an appointment by calling 844-569-0218 ext 532 or by visiting LGIHomes.com/McCormickPlace.

About LGI Homes

Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction, and sale of homes across 36 markets in 21 states. As one of America’s fastest growing companies, LGI Homes has closed over 70,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of America’s Most Trustworthy Companies for the second consecutive year. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state and national level, including the Top Workplaces USA 2024 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.

MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 220

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/268ecc35-02f0-481a-9cd1-a65ab40b3892


FAQ

What is the starting price for homes at McCormick Place by LGI Homes?

Homes at McCormick Place start in the $360s.

Where is the new LGI Homes community, McCormick Place, located?

McCormick Place is located in the Rosedale area, 7 miles northeast of downtown Baltimore, Maryland.

What amenities are included in the homes at McCormick Place by LGI Homes?

Homes at McCormick Place include stainless-steel Whirlpool® kitchen appliances, granite countertops, designer wood cabinetry, vinyl plank flooring, and a Wi-Fi enabled garage door opener.

How can prospective buyers schedule an appointment to visit McCormick Place?

Prospective buyers can schedule an appointment by calling 844-569-0218 ext 532 or by visiting LGIHomes.com/McCormickPlace.

What types of homes are available at McCormick Place by LGI Homes?

McCormick Place currently offers townhomes and plans to offer one and two-story single-family homes in the future.

LGI Homes, Inc.

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