LGI Homes Opens Master-Planned Community in the Portland Market

Rhea-AI Summary

LGI Homes has announced the grand opening of Beverly, a new master-planned community located 30 minutes north of Vancouver, Washington. The community will include 389 single-family homes and townhomes at full buildout, with prices starting in the high $300's. Beverly offers 3 to 5-bedroom homes featuring LGI's CompleteHome™ and CompleteHome Plus™ packages.

Located in Battle Ground, Beverly provides convenient access to employers and attractions in Vancouver and Portland. The community includes a neighborhood park with a playground, pavilion, green space, and walking trails. Homes range from 1,112 to 2,332 square feet and include built-in designer upgrades such as white cabinets, polished countertops, and Whirlpool® appliances. LGI Homes aims to offer affordable, high-quality homes in a desirable location with abundant natural surroundings and recreational activities.

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VANCOUVER, Wash., Aug. 14, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced the grand opening of Beverly, a new community located 30 minutes north of Vancouver, Wash. At full buildout, Beverly will include a mix of 389 single-family homes and townhomes. Beverly is located minutes from WA-502 and WA-503 in the highly desirable city of Battle Ground, providing convenient access to the employers and area attractions offered in Vancouver and Portland.

“We are delighted to open our first new home community in Battle Ground, Washington. We chose this location because of the abundance of natural surroundings and recreational activities. The Beverly community will offer 3 to 5-bedroom homes and feature our CompleteHome™ and CompleteHome Plus™ packages which take the hassle out of the new home buying process. With home prices starting in the high $300’s coupled with our current incentives, customers will be amazed at their buying power,” said Armando Gonzales, Vice President of Sales for the Portland area.

This new construction neighborhood places homeowners within reach of everything they want or need. There are over 20 parks located within a 10-mile radius of Beverly. Groceries are available at a variety of stores nearby including Safeway, Fred Meyer and Albertsons. Also, a quick drive from the community is the RV Inn Style Amphitheatre and Vancouver Mall for live music and shopping lovers. Within the community, there is a neighborhood park featuring a children’s playground, covered pavilion, open green space, walking trails and a parking lot.

The meticulously constructed homes at Beverly include built-in designer upgrades as part of LGI’s CompleteHome™ and CompleteHome Plus™ suite of enhancements. Kitchens feature beautiful white cabinets, polished countertops, recessed LED lighting and a full suite of appliances by Whirlpool^®. Luxury plank flooring adds style and durability to the main living areas of the homes. Additional upgrades include wood blinds, ceiling fans, energy-efficient heating and cooling systems, and attached garages with Wi-Fi-enabled openers. Beverly buyers may choose from four distinct floor plans ranging in size from 1,112 to 2,332 square feet with three, four or five bedrooms, and attached one to two-car garages. Both townhome and single-family floor plans are available.

New homes at Beverly are priced from the $390s. To learn more about the new homes for sale at this community and to schedule your private tour, please call 844-725-2784 ext 232 or visit LGIHomes.com/Beverly.

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. 2560

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/949c9c26-5711-4e70-aa11-ade6f70cbb85

FAQ

What is the price range for homes in LGI Homes' new Beverly community?

Homes in the Beverly community are priced from the $390s, with LGI Homes offering current incentives to enhance buyers' purchasing power.

How many homes will be built in the Beverly community by LGI Homes (LGIH)?

At full buildout, the Beverly community will include a mix of 389 single-family homes and townhomes.

What are the CompleteHome™ and CompleteHome Plus™ packages offered by LGI Homes in Beverly?

These packages include built-in designer upgrades such as white cabinets, polished countertops, recessed LED lighting, Whirlpool® appliances, luxury plank flooring, wood blinds, and energy-efficient systems.

Where is LGI Homes' Beverly community located?

The Beverly community is located in Battle Ground, Washington, 30 minutes north of Vancouver, providing convenient access to Vancouver and Portland.

What amenities are included in LGI Homes' Beverly community?

Beverly includes a neighborhood park featuring a children's playground, covered pavilion, open green space, walking trails, and a parking lot.