LGI Homes Announces Further Expansion to Charlotte Area

CHARLOTTE, NC, July 29, 2022 (GLOBE NEWSWIRE) — LGI Homes, Inc. (Nasdaq: LGIH) has announced further expansion in the Charlotte market with the launch of its newest community, Colonial Crossing.

Located off US-77, Colonial Crossing provides easy access to groceries, shopping, great dining opportunities, and a range of area amenities. More than five miles down the road, residents will enjoy the many outdoor activities Lake Norman has to offer. Community residents have a variety of neighborhood amenities, including grill pavilions, a landscaped area, and a nature trail.

“We are excited to expand our Charlotte market presence further north with the opening of Colonial Crossing,” said Jef Yarbrough, head of division. “The new homes in Colonial Crossing offer home buyers in the Lake Norman area incredibly affordable, ready-to-move deals that offer the space, upgrades and conveniences they’re looking for.”

In Colonial Crossing, LGI Homes offers a brand new range of one and two storey detached houses. These five expansive floor plans range from 1,601 square feet to 2,805 square feet. With up to five bedrooms and two and a half bathrooms, these new homes showcase the layouts and design features today’s modern home buyer is looking for. Open floor plans, private master suites, large walk-in closets, large family rooms, formal dining rooms, flexible rooms, and lush front yard landscaping are just one example of the desirable design elements found at Colonial Crossing. In addition, every home is equipped with the CompleteHome Plus™ package. This package showcases an incredible variety of upgrades included, such as chef-fitted kitchens with energy-efficient stainless steel kitchen appliances, large granite countertops, 42” upper cabinets with hardware and crown molding, luxury vinyl plank flooring, an undermount kitchen sink, and more. more.

With brand new homes, an incredible location and family-friendly amenities, Colonial Crossing is the perfect community for homebuyers to purchase an impeccably built home at an affordable price. Prices for these new homes start at $300. Interested buyers are encouraged to call (866) 852-2307 extension 1128 for more information.

LGI Homes, Inc. about

LGI Homes, Inc. is a pioneer in the home building industry that has successfully applied an innovative and systematic approach to the design, construction and sale of homes. LGI Homes, one of America’s fastest growing companies, has more than a 19-year legacy of building excellent homes, during which time it has closed more than 50,000 homes and made a profit each year. Headquartered in The Woodlands, Texas, LGI Homes operates in 35 markets in 19 states and has been ranked as the 10th largest home builder in the United States by units closed since 2018. Nationally recognized for quality construction and exceptional customer service, LGI Homes’ commitment to excellence includes more than 900 employees and has earned the Company multiple workplace awards at the local, state and national level, including Top Workplaces USA’s 2022 Award for Cultural Excellence. . For more information about LGI Homes and its unique operating model focused on making the dream of owning a home for families across the country a reality, please visit the Company’s website at www.lgihomes.com.

Rachel Eaton
(281) 362-8998 ext. 2560

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ad70c63f-ebff-4d2d-abf2-9959ca80d9a0.

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