– Catalina community in Santa Clara sold out 93 homes in 19 months
– Lavender will feature 128 townhomes with High Performance Home features
Sunnyvale, California (July 8, 2021) – Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that construction has officially begun on its new community, Lavender in Sunnyvale, CA.
“We’re very excited to break ground on Lavender, a modern and welcoming new townhome community that will allow homebuyers to thrive and truly ‘live in their element’,” said Josh Santos, Northern California Division President, Landsea Homes. “Our previous townhome communities in Silicon Valley, The Vale and Catalina, both sold out quickly and we anticipate Lavender will also be well-received. Buyers are looking for living that offers high quality modern-day conveniences, state-of-the-art amenities and easy access to transportation, which Lavender will provide.”
Lavender will consist of homes with nine different floor plans ranging in size from 1,078 square feet to 2,011 square feet. Additionally, 20 of the townhomes will be priced below market rate. Homes at Lavender are expected to be available later this year.
With a population of approximately 157,000 residents, Sunnyvale is the seventh largest city in the Bay Area. Almost 8,000 local businesses provide a rich mixture of goods and services, including many icons in tech, manufacturing, retail and R&D.
Homes at Lavender will be equipped with Landsea Homes’ High Performance Home features, including smart home automation technology utilized by the Apple HomeKit™ environment. The smart home automation features include an Apple TV media manager device, wireless network Internet throughout the home, entry door locks, thermostat control, garage door opener control, light dimmer switches, doorbell camera pre-wire, and high-touch customer service with an individualized training session.
Last month, Landsea Homes sold out its 93-home community, Catalina in Santa Clara in just 19 months.
“Catalina spotlights the best of California living. The homes and community were thoughtfully designed to combine luxury, flexible living and unique architecture, and we’re thrilled to see so many happy homeowners,” added Santos.
About Landsea Homes Corporation
Landsea Homes Corporation (Nasdaq: LSEA) is a publicly traded residential homebuilder based in Newport Beach, CA that designs and builds best-in-class homes and sustainable master-planned communities in some of the nation’s most desirable markets. The company has developed homes and communities in New York, Boston, New Jersey, Arizona, Florida, Texas and throughout California in Silicon Valley, Los Angeles and Orange County.
An award-winning homebuilder that builds suburban, single-family detached and attached homes, mid-and high-rise properties, and master-planned communities, Landsea Homes is known for creating inspired places that reflect modern living and provides homebuyers the opportunity to “Live in Your Element.” Our homes allow people to live where they want to live, how they want to live – in a home created especially for them.
Driven by a pioneering commitment to sustainability, Landsea Homes’ High-Performance Homes are responsibly designed to take advantage of the latest innovations with home automation technology supported by Apple®. Homes include features that make life easier and provide energy savings that allow for more comfortable living at a lower cost through sustainability features that contribute to healthier living for both homeowners and the planet.
Led by a veteran team of industry professionals who boast years of worldwide experience and deep local expertise, Landsea Homes is committed to positively enhancing the lives of our homebuyers, employees and stakeholders by creating an unparalleled lifestyle experience that is unmatched.