Standard Pacific to Buy 163 Lots at Avana

From Statesman.com

With predictions that the Central Texas region could experience shortages of lots, many homebuilders buying up what they can.  Standard Pacific is no exception.  They are scheduled later this month to close 163 lots  of the 111 acre Avana developement.  “We’re looking to grow and gain market share within Austin, and we’re positioning ourselves for an upturn in the future,” SP’s vice president of land, John Bohnen said, commenting that SW Austin is “a great submarket” due to lot scarcity.

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