Tri Pointe Homes Acquires Land in Bluffton for New Residential Development
What happened
Tri Pointe Homes acquired 60.4 acres in Bluffton for a new residential development. This project is planned for the final phase of New Riverside and is expected to introduce 76 single-family homesites. The development targets the greater Savannah market.
From manilatimes.net
Why it matters
The acquisition is described as a significant milestone for Tri Pointe Homes, representing a new sales pipeline. The development features homes up to 3,600 square feet with options for 2- and 3-bay garages.
From manilatimes.net
Who's involved
- Tri Pointe HomesAmerican homebuilder planning the residential development
- BlufftonCity in South Carolina where the development is located
- SavannahTarget market for the homes being built
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- GeorgiaSpeculative
The residential development could contribute to increased state tax revenue and economic activity in Georgia.
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The entities involved
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Tri Pointe Homes
American homebuilding company
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Bluffton
town in Beaufort County, South Carolina, United States
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Savannah
city in and county seat of Chatham County, Georgia, United States