First homes expected by the end of 2020.
Huntsville, Ala.-based builder Davidson Homes has announced its first moves into the Atlanta market with the purchase of 2,340 new home lots in 15 communities. This marks the third new state expansion for Davidson Homes in the past three years.
Communities with upcoming Davidson Homes include Cartersville, Cumming, East Paulding, Kennesaw, Lawrenceville, Locust Grove, Loganville, Marietta, McDonough, Stockbridge, and Woodstock. The builder expects to deliver the first of these homes by the end of 2020.
The builder’s expansion strategy includes a partnership with David Pearson Communities, a Marietta, Ga., residential developer, through which Davidson Homes has purchased more than 2,000 lots across nine communities. DPC intends to expand its headquarters in order to support Davidson.
“The coronavirus pandemic continues to pose challenges for many home builders, but everyone in our company has stepped up to keep Davidson Homes growing and serving the housing needs of our customers,” says Adam Davidson, founder, president, and CEO of Davidson Homes. “Our entry into Atlanta represents another step in the evolution of our company and builds on our strategy of focusing on Southeastern markets with solid economic growth and appealing quality of life. It will also provide us a solid foundation to expand our single-family rental platform and financial services business in a market that has historically been one of the most attractive in the country.”
The company has appointed industry veteran Reagan Anderson as the Atlanta division president, to be based in Marietta. The company has hired 17 people to staff the new Atlanta office, and plans to hire more in the next 60 days.
The new homes in the Altanta-area communities will range from $210,000 to $950,000 and from 1,600 to 6,000 square feet in size.