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LANDSEA HOMES SIGNS 14,725-SQUARE-FOOT OFFICE LEASE FOR DALLAS-FORT WORTH DIVISION HEADQUARTERS

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Landsea Homes has signed a 14,725-square-foot long-term lease at Tower 1320 in Irving, Texas, for its Dallas-Fort Worth division headquarters. The space, expected to be ready in Spring 2025, will include a 3,000-square-foot in-house design studio and showroom. The location offers numerous amenities including a fitness room, café with Starbucks, game room, and conference facility. The building is strategically positioned near Las Colinas' 28-acre development with restaurant and retail space, and is accessible via highways and DART. The new headquarters will serve the growing division while providing convenient access to the company's communities and important employment bases.

Landsea Homes ha firmato un contratto di locazione a lungo termine di 14.725 piedi quadrati presso Tower 1320 a Irving, Texas, per la sede della divisione Dallas-Fort Worth. Gli spazi, previsti per essere pronti nella primavera del 2025, includeranno uno studio di design e una showroom interna di 3.000 piedi quadrati. La posizione offre numerosi servizi, tra cui una sala fitness, un caffè con Starbucks, una sala giochi e un'area conferenze. L'edificio è strategicamente posizionato vicino allo sviluppo di 28 acri di Las Colinas, che ospita ristoranti e negozi, ed è accessibile tramite autostrade e DART. La nuova sede servirà la divisione in crescita, fornendo accesso conveniente alle comunità dell'azienda e ai principali poli occupazionali.

Landsea Homes ha firmado un contrato de arrendamiento a largo plazo de 14,725 pies cuadrados en Tower 1320 en Irving, Texas, para la sede de su división de Dallas-Fort Worth. El espacio, que se espera esté listo para la primavera de 2025, incluirá un estudio de diseño y una sala de exhibición de 3,000 pies cuadrados. La ubicación ofrece numerosas comodidades, incluyendo un gimnasio, un café con Starbucks, una sala de juegos y una sala de conferencias. El edificio está estratégicamente ubicado cerca del desarrollo de 28 acres de Las Colinas, que incluye restaurantes y espacios comerciales, y es accesible a través de autopistas y DART. La nueva sede atenderá a la creciente división mientras proporciona acceso conveniente a las comunidades de la empresa y a importantes centros de empleo.

Landsea Homes는 텍사스 어빙의 Tower 1320에서 14,725 제곱피트의 장기 임대 계약을 체결했습니다. 이는 댈러스-포트워스 지역 본부를 위한 것입니다. 이 공간은 2025년 봄에 완공될 예정이며, 3,000 제곱피트의 내부 디자인 스튜디오와 전시장이 포함됩니다. 이 위치는 피트니스룸, 스타벅스가 있는 카페, 게임룸, 회의 시설 등 다양한 편의 시설을 제공합니다. 건물은 레스콜리나스의 28에이커 개발 지역에 전략적으로 위치하고 있으며, 레스토랑과 소매 공간이 포함되어 있으며, 고속도로와 DART를 통해 접근할 수 있습니다. 새로운 본부는 성장하는 부서를 지원하며 회사의 커뮤니티와 중요한 고용 기반에 편리하게 접근할 수 있도록 합니다.

Landsea Homes a signé un bail à long terme de 14 725 pieds carrés au Tower 1320 à Irving, Texas, pour le siège de sa division Dallas-Fort Worth. L'espace, qui devrait être prêt au printemps 2025, comprendra un studio de design et une salle d'exposition de 3 000 pieds carrés. L'emplacement offre de nombreuses commodités, y compris une salle de sport, un café avec Starbucks, une salle de jeux et une salle de conférence. Le bâtiment est stratégiquement situé près du développement de 28 acres de Las Colinas, qui comprend des restaurants et des espaces commerciaux, et est accessible via les autoroutes et DART. Le nouveau siège servira la division en pleine croissance tout en offrant un accès pratique aux communautés de l'entreprise et aux pôles d'emploi importants.

Landsea Homes hat einen langfristigen Mietvertrag über 14.725 Quadratfuß in Tower 1320 in Irving, Texas, für die Zentrale seiner Dallas-Fort Worth-Division unterzeichnet. Die Räumlichkeiten, die voraussichtlich im Frühjahr 2025 fertiggestellt sind, umfassen ein internes Designstudio und eine Ausstellung von 3.000 Quadratfuß. Der Standort bietet zahlreiche Annehmlichkeiten, darunter ein Fitnessraum, ein Café mit Starbucks, ein Spielzimmer und eine Konferenzeinrichtung. Das Gebäude ist strategisch günstig in der Nähe der 28 Hektar großen Entwicklung in Las Colinas positioniert, die Restaurant- und Einzelhandelsflächen bietet, und ist über Autobahnen sowie DART erreichbar. Die neue Zentrale wird der wachsenden Division dienen und gleichzeitig einen bequemen Zugang zu den Gemeinschaften des Unternehmens und wichtigen Beschäftigungszentren bieten.

Positive
  • Strategic location near major business centers and transportation hubs
  • Addition of 3,000-square-foot design studio to enhance customer experience
  • Expansion indicates growth in Dallas-Fort Worth division
Negative
  • None.

Insights

The lease signing for a new division headquarters in Irving is a relatively minor operational move that signals moderate regional expansion but has minimal direct financial impact. The 14,725-square-foot space includes a 3,000-square-foot design studio, indicating investment in customer experience, but the financial terms of the lease were not disclosed. The strategic location in Irving's business district, near major employers and transportation hubs, positions the company for growth in the Dallas-Fort Worth market. However, with move-in planned for Spring 2025, any material impact on operations and revenues will be delayed. The investment in amenities and design studio suggests a focus on employee retention and customer experience, but without lease terms or investment figures, the financial implications remain unclear.

  • New office space in Irving will accommodate growing number of division employees
  • Conveniently located near company's communities and important employment bases
  • Space is currently under construction with move-in expected in Spring 2025

DALLAS, Nov. 18, 2024 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, has signed a 14,725-square-foot long-term lease at Tower 1320 in Irving, Texas, which will serve as the company's Dallas-Fort Worth division headquarters, at 1320 Greenway Drive.

"Our division is continuing to grow, and this move demonstrates our strong commitment to this important market for Landsea Homes," said Melissa Kelly, Dallas-Fort Worth Division President, Landsea Homes. "It is centrally located in an amenity rich environment with ease of access from all parts of the city by the multitude of highways and DART. It allows us to attract and retain employees from the Dallas and Fort Worth employment bases, as well as be in close proximity to our currently selling and coming soon new home communities."

The space is currently in build-out stages, with full move-in expected in Spring 2025. The building is located within walking distance of Las Colinas' popular new 28-acre development, which includes approximately 50,000 square feet of restaurant and retail space. The building also provides great amenities for employees, including a large fitness room with locker rooms, a café with a Starbucks coffee bar that provides catering, game room with pool tables and shuffle boards, and a conference facility for 75 people. There are more than 100 restaurants within a two-mile radius of this new office.

Also located within the new office will be a 3,000-square-foot in-house design studio and showroom exclusively for Landsea Homes homebuyers featuring a full kitchen and living room set-up, allowing customers to visualize what their home will look like. Homebuyers will receive personalized design services via one-on-one consulting sessions where designers will help with the selection process and provide a comprehensive understanding of the products offered along with the latest trends and styles of cabinetry, countertops, flooring, fixtures, paint colors, and more.

Irving's economy is diverse and supports more than 8,500 businesses, including other home builders. The city is continually attracting new companies, and is home to the global headquarters of 10 Fortune 500, and four Fortune 1000, companies. Top industries include professional services, financial services, technology, logistics, life sciences, aerospace, and manufacturing. Close to the Dallas-Fort Worth International Airport, Irving is the twelfth-most populous city in Texas. 

To learn more about Landsea Homes, visit: https://landseahomes.com/.

About Landsea Homes Corporation

Landsea Homes Corporation (Nasdaq: LSEA) is a publicly traded residential homebuilder based in Dallas, Texas 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, Colorado, Florida, Texas and throughout California in Silicon Valley, Los Angeles, and Orange County. Landsea Homes was honored as the Green Home Builder 2023 Builder of the Year, after being named the 2022 winner of the prestigious Builder of the Year award, presented by BUILDER magazine, in recognition of a historical year of transformation. 

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. 

For more information on Landsea Homes, visit: www.landseahomes.com

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SOURCE Landsea Homes

FAQ

When will Landsea Homes (LSEA) move into their new Dallas-Fort Worth headquarters?

Landsea Homes expects to move into their new Dallas-Fort Worth division headquarters in Spring 2025.

How large is Landsea Homes' (LSEA) new Dallas-Fort Worth office lease?

Landsea Homes has signed a 14,725-square-foot long-term lease at Tower 1320 in Irving, Texas.

What features will be included in Landsea Homes' (LSEA) new Dallas design studio?

The 3,000-square-foot design studio will include a full kitchen and living room set-up, offering personalized design services and product selection consultations for homebuyers.

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