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Terrata Homes Opens New Community in Charlotte Market

1. LGI Homes' Terrata brand launches homes at Stoneridge Hills in South Carolina. 2. The community offers modern designs and various amenities for residents. 3. Homes are priced starting in the low-$500s, targeting homebuyers near Charlotte. 4. LGI has consistently delivered profitable results and received numerous awards. 5. The company focuses on quality construction and exceptional customer service.

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FAQ

Why Bullish?

Positive community launch reflects growth potential. Similar prior launches boosted LGIH's market performance.

How important is it?

Stoneridge Hills' launch aligns with LGIH's growth strategy, likely boosting market confidence.

Why Short Term?

Immediate interest from homebuyers can lead to quick sales and revenue increase.

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DHILENPHM
ROCK HILL, S.C., March 06, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is proud to announce that its luxury brand, Terrata Homes, is now selling homes at Stoneridge Hills, a new master-planned community in Rock Hill, South Carolina. This exceptional community provides homebuyers with a variety of well-crafted homes, all featuring modern designs and upgrades, all conveniently situated near the I-77 corridor, providing easy access to Charlotte, North Carolina. “Stoneridge Hills provides unwavering quality and craftsmanship at an unbeatable value,” stated Chris Cositore, Vice President of Sales for South Carolina. “Stoneridge Hills is conveniently located just outside of Charlotte in the beautiful city of Rock Hill, where the peacefulness of suburbia and the amenities of the city meet,” stated Cositore. Residents of Stoneridge Hills will enjoy a wide range of amenities designed to enhance their lifestyle. These include well-maintained pickleball and bocce ball courts, inviting cornhole stations, a spacious children’s playground, a dog park, and a private neighborhood park with a picnic area. The neighborhood also boasts access to exceptional schools, excellent dining and shopping options, and various entertainment venues, all within a short distance. Terrata Homes at Stoneridge Hills offers a selection of three- and four-bedroom homes, each showcasing Terrata Homes' thoughtfully curated upgrade package. With spacious, open-concept floor plans, these homes are perfect for modern living and include desirable features such as stainless steel kitchen appliances, quartz countertops, tile backsplash, cabinetry with crown molding, and energy-efficient features like double-pane windows and programmable thermostats. Additionally, these luxurious homes offer flexible spaces, including game rooms, flex rooms, large laundry rooms, mudrooms and covered outdoor living areas. New homes at Stoneridge Hills start in the low-$500s. For more information, or to schedule a tour of this incredible neighborhood, interested homebuyers can call (855) 628-1338 ext 176 or visit TerrataHomes.com/StoneridgeHills. About LGI Homes, Inc. 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 75,000 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 the World’s Most Trustworthy Companies. 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/5501cad2-1541-4c19-8401-d3b311eded05 The Lancaster Plan by Terrata Homes at Stoneridge Hills The Lancaster Plan by Terrata Homes at Stoneridge Hills features three bedrooms, two-and-a-half bath...

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