LGIH LGI Homes Inc.

LGI Homes Announces Entrance into Bakersfield Market

LGI Homes Announces Entrance into Bakersfield Market

BAKERSFIELD, Calif., Sept. 29, 2020 (GLOBE NEWSWIRE) --  (NASDAQ:LGIH) today announced their entrance into the Bakersfield, California market with the opening of their newest community, . This marks the company’s growth into its fourth market in the state of California.

“We have seen strong demand in the Bakersfield market and are pleased to offer homebuyers in this area an affordable alternative to renting,” said Chris Kelly, LGI Homes’ division president. “With owning a home becoming more important now, than ever, we believe Juliana’s Garden is the perfect location for those looking for a quality, upgraded home near everyday conveniences.”

Ideally situated off California State Route 178, the beautiful community of Juliana’s Garden offers homebuyers in the Bakersfield area a once-in-a-lifetime opportunity to own a spacious, upgraded home, in a premier location, at an affordable price. Juliana’s Garden is located just minutes from downtown Bakersfield where you can enjoy all of the fine dining, shopping and entertainment that the city has to offer. Inside the community, residents will have access to a neighborhood park with a children’s playground, picnic areas and gorgeous garden parkways. Just outside of the community is renowned City in the Hills Park where families can spend quality time enjoying a picnic, playing basketball, volleyball or disc golf.

LGI Homes is constructing 70 homes at Juliana’s Garden which will consist of four brand-new floor plans. These new floor plans range in size from three to five bedrooms with 1,550 square feet to just over 2,300 square feet. Every LGI home at Juliana’s Garden will feature the designer-selected features and upgrades found in LGI Homes’  package. These new homes will showcase sprawling granite countertops, 36-inch upper cabinets with crown molding detail, luxurious vinyl-plank flooring, a Wi-Fi-enabled garage door opener and more. In addition to these incredible included upgrades, homes at Juliana’s Garden are also loaded with energy-saving features. Every new LGI home in this community will come with a programmable thermostat, double-pane Low-E vinyl windows, energy-efficient Whirlpool® kitchen appliances and solar panels all included in the home price. At Juliana’s Garden, residents will not only enjoy a brand-new, beautiful home but one that comes with impressive upgrades and is highly energy-efficient offering huge savings on energy bills.

Home prices at Juliana’s Garden start in the low-$300s. For additional information on quick move-in homes at this stunning community, interested homebuyers are encouraged to call (866) 883-9404 ext 55. To accommodate homebuyers during this time, the Juliana’s Garden information center is open for tours by appointment only and is in compliance with Centers for Disease Control and Prevention and local safety guidelines.

About LGI Homes

Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design, construction and sale of homes in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia and Virginia. Since 2018, LGI Homes has been ranked as the 10th largest residential builder in the United States based on units closed. The Company has a notable legacy of more than 17 years of homebuilding operations, over which time it has closed more than 40,000 homes. For more information about the Company and its new home developments, please visit the Company’s website at .

MEDIA CONTACT:

Rachel Eaton

(281) 362-8998 ext. 2560

A photo accompanying this announcement is available at

EN
29/09/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on LGI Homes Inc.

 PRESS RELEASE

LGI Homes Launches “Sunsational Summer Savings” National Sales Event

LGI Homes Launches “Sunsational Summer Savings” National Sales Event THE WOODLANDS, Texas, June 23, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) and its luxury brand, Terrata Homes, are excited to announce the launch of their highly anticipated Sunsational Summer Savings national sales event, offering limited-time incentives on beautiful, move-in ready homes across the country. Taking place now through August 10th, prospective homebuyers will have access to exclusive savings on select inventory homes in premier communities nationwide. Whether it’s a first-time homebuyer look...

Moody's Ratings downgrades LGI's CFR to Ba3; outlook negative

Moody's Ratings (Moody's) downgraded LGI Homes, Inc.'s (LGI) Corporate Family Rating (CFR) to Ba3 from Ba2, Probability of Default Rating (PDR) to Ba3-PD from Ba2-PD, and the ratings on the company's senior unsecured notes to Ba3 from Ba2. The company's Speculative Grade Liquidity rating was downgra...

 PRESS RELEASE

LGI Homes Announces Boone Trail Village: A New Community Offering Peac...

LGI Homes Announces Boone Trail Village: A New Community Offering Peaceful Living in Lillington, NC LILLINGTON, N.C., June 20, 2025 (GLOBE NEWSWIRE) -- is proud to introduce Boone Trail Village, an inviting new home community in charming Lillington, North Carolina. Located in Harnett County between Raleigh and Fayetteville, offers the perfect blend of small-town charm and modern convenience, with 111 thoughtfully designed homes planned at full build-out. Lillington is a welcoming town of approximately 5,000 residents, and is ranked #2 in a list of “Best Places to Live in Harnett County...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch