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(January 12, 2016—DRIPPING SPRINGS)  Caliterra (caliterraliving.com) announced today its award-winning custom builders for the new 600-acre master-planned development in Dripping Springs.  Priced from the $700s to $1.4 million, custom builders Sterling Custom Homes, Arbogast Custom Homes, Lake Travis Custom Homes, Sommerfeld Construction and Alkire Construction LLC, are building in the Wildwood neighborhood of Caliterra.  Bordered by Onion Creek on one side and Walnut Creek on the other, this gated enclave of just 18 wooded custom home sites is surrounded by natural beauty and a nature trail.

“We hand picked each custom builder to reflect the quality and lifestyle of Caliterra,” said Greg Rich, Partner, Allegiant Realty Partners, the developer for Caliterra.  “With the beuatiful views and the wide open spaces, residents will truly feel like they are on a permanent retreat in their own back yard.”

The Home Builders Association (HBA) of Greater Austin recently selected Caliterra’s Wildwood neighborhood as the next location for its flagship luxury home tour, the Parade of Homes™, which will take place October 28^th through November 13^th.

Over 250 acres of Caliterra is preserved as open space that maximizes views, protects wildlife habitats and maintains the rural ranch heritage of Dripping Springs.  Phase I amenities, which will be open in September of 2016, include a Welcome Lodge and Coffee Shoppe; a large on-site Event Pavilion and Adventure Cabin for resident and community gatherings; children’s splash pad and play area; and a creekside picnic pavillion and fishing dock.  In addition, Treehouse Park is open and includes play equipment such as a rock climbing wall, pole slide, climbing tower and ADA ramp access up into the tree limbs.

Phase II amenities will feature a luxurious residents-only Club House with resort-style pool and cabanas; a 33-acre Central Park with six miles of nature trails; playscapes; and the Turkey Hollow Nature Area, which will be a great space for exploring and camping.

Another added amenity is that Caliterra is using natural gas throughout the development.  It is the first community in Dripping Springs currently offering this highly cost efficient alternative to propane gas.  Natural gas is not only much less expensive than propane, but it is also a cleaner burning fuel that does not release pollutants into the air.

Dripping Springs’ historic downtown is just a mile away and is home to Mercer Street, which hosts local restaurants, specialty shopping, music venues, an historic dance hall and weekly Farmer’s Market.

With homes in the master-planned community starting in the $300s, Caliterra is located approximately 20 minutes from downtown Austin, off of highway 290, just south on Ranch Road 12.  Its convenient location allows for easy access to the airport, surrounding cities and the Hill Country.  For more information, go to caliterraliving.com.

About Allegiant Realty Partners:

Allegiant Realty Partners (ARP) (www.allegiantrealtypartners.com) is a partnership between two well-established regional developers, Siepiela Interests, LLC (www.siepiela.com) and Taylor Duncan Interests, LLC (www.taylorduncan.com).  The two entities joined forces to form ARP in June 2013 and currently have six master-planned communities under development with four projects in the Austin market and two projects in the Dallas market.  These projects represent nearly 2,500 acres under development with a total of 5,500 lots serving many of the top private and public homebuilders in these markets.

Dripping Springs’ Caliterra community to host 2016 Parade of Homes™

Four builders to showcase $1.2 mil+ luxury custom homes

AUSTIN, TX, (Feb. 1, 2016) — The Home Builders Association (HBA) of Greater Austin has selected Caliterra, a beautiful 600-acre master-planned community minutes from downtown Dripping Springs, as the next location for its flagship luxury home tour, the Parade of Homes™. This year’s Parade of Homes will take place October 28^th through November 13^th. The Parade of Homes showcases “The Leading-Edge and Best in Homebuilding” and Caliterra is leading the pack in Dripping Springs – an area prime for major growth over the next few years. Nestled in the picturesque Texas Hill Country, its natural scenic views, rolling topography and access to miles of Onion Creek shoreline make living here a one-of-a-kind opportunity.

The Parade is being held in the gated Wildwood neighborhood of Caliterra, an 18 lot enclave of luxury homes located between two creeks and wooded greenbelts. Set along beautiful Onion Creek, Caliterra residents will enjoy over 250 acres of trails, greenbelts, parks and amenities including  a Treehouse Park, multi-use indoor-outdoor pavilion with band loft, sprawling event lawn, a fishing dock, creekside picnic pavilion and an Adventure Club Cabin. A Welcome Lodge with boutique coffee shop will be the hub of the community and overlook creative play areas including a children’s splash pad designed to incorporate the history of the land and the Dripping Springs ranching heritage. Future phases will include an expansive resort clubhouse, pools and gathering places with spectacular views, a 30-acre nature park, trails and natural play areas.

“The region Southwest of Austin is booming so it is only natural that the HBA would partner with the developers of Caliterra to showcase what they are doing out here,” says HBA President Wes Wigginton. “We are impressed with all of this year’s builders and can’t wait to show off the latest in home construction and design this Fall.”

Four luxury homes built by some of the finest home builders in Central Texas will be fully furnished and on display for thousands of visitors — an opportunity for attendees to marvel at the latest luxury home design, construction, technology, interior decor and landscaping trends. The homes will start at $1.2 million and range from approximately 3,800 to 4,400 sq. ft. The builders selected to participate in the 2016 Parade of Homes™ include Arbogast Custom Homes, Lake Travis Builders, Sommerfeld Construction and Sterling Custom Homes.

“We are excited to host the 2016 Parade of Homes™ at Caliterra,” says Greg Rich with Allegiant Realty Partners, developers of Caliterra. “This community is a true natural paradise just 20 minutes from Austin’s robust economic hub; couple that with the Parade of Homes™ and this is really the next big thing in homebuilding.”

The 2016 Parade of Homes™ is slated for October 28^th through November 13^th, 2016. Join our mailing list to stay informed on the latest news and updates. For more information and to purchase tickets, visit http://www.ParadeofHomesAustin.com

About the Home Builders Association (HBA) of Greater Austin

Since 1953, the Home Builders Association (HBA) of Greater Austin has served as the leading not-for-profit trade organization dedicated to residential construction and remodeling in Central Texas. With approximately 800 members, the HBA works with government, public, business and community organizations in five counties to protect every family’s right to home ownership. The HBA and its members work to ensure that those who protect us, teach our children, and provide essential services can afford to live here. The vast majority of new homes are purchased by middle-class families – the very people at risk of being priced out of our communities by rising taxes and government fees. For more information, visit www.hbaaustin.com .

Dallas-Fort Worth’s hot single-family home market has fueled a new joint venture between two Dallas developers, who are working on two master planned communities that will add $775 million in real estate to North Texas.

The two communities – Bozman Farms and ArrowBrooke will bring thousands of homes to the region and is part of a larger strategy of Dallas-based Siepiela Interests and Dallas based Taylor Duncan Interests.

The duo recently formed a new joint venture, Allegiant Realty Partners, to quickly expand their projects in Texas. Since forming the venture, the developers have bought more than 2,200 acres of land in North Texas and in the Austin area with plans to build homes.

“We have about five communities totaling more than 5,500 potential lots that we plan to develop in the next five to seven years” Larry Taylor, a partner at Taylor-Duncan Interests, told the Dallas Business Journal in an exclusive interview.

“These two markets happen to be the hottest markets in North Texas.” Taylor said. “There was not enough development in North Texas and the builders were running out of affordable lots to build in. These Two Dallas sites fit our market research and we think they will be highly successful.”

Dallas-Fort Worth’s new home marker has been quite robust despite recent rains and labor challenges, said Ted Wilson, a principal with Dallas-based Residential Strategies, which tracks and measures North Texas’ single-family industry.

“The marker drivers that shape the home construction market are robust, and the outlook for coming quarters remains favorable.” he said. And the new partnership, Allegiant Realty Partners, plans to bring some new home lots into the region.

In North Texas, the partnership is expanding Bozman Farms, a master-planned community in Wylie south of Lake Lavon, by about 300 acres or about 800 single-family lots over the next five to seven years.

At build-out, the project is expected to be worth $250 million. About 200 of those single-family lots are under construction.

The Bozman Farms community will total nearly 1,300 single-family homes on 600 acres. The community’s builders are Horizon Homes (a subsidiary of Highland Homes) and History Maker Homes. The duo also plans to develop 1,750 single-family home lots in the 410-acre
ArrowBrooke development in Denton County, which sits near U.S. 380 and F.M. 1385 north of the Savannah and Union Park master-planned communities.

At build-out, the project is expected to be worth S525 million. Allegiant already has more than 300 home sites under construction.
The ArrowBrooke community’s builders are Beazer Homes, Horizon Homes and History Maker.

The Dallas-Fort Worth master-planned communities will market their homes to residents with prices ranging from $225,000 to S350,000.

The communities will also feature amenities such as playground, walking trails and pools. By the end of 2016, Allegiant plans
to deliver about 1.000 new home sites throughout its five Texas master-planned communities.

“Dallas-Fort Worth and Austin are really exciting markets.” Taylor said. “We have the capital and we know what we are doing with the right builders.” Taylor said the partnership is looking for other master-planned community development opportunities through out Texas.

DALLAS–(BUSINESS WIRE)–Siepiela Interests and Taylor Duncan Interests, two experienced Dallas-based developers have teamed up to strengthen their impact in Texas residential real estate. The result is a new entity, Allegiant Realty Partners, and a series of acquisitions over the last year representing over 2,200 acres and 5,500 lots at build-out in the Austin and DFW markets.

“Creating this platform gives us a stronger potential for growth”

“We realized that by combining our experience and utilizing the strengths of both companies, we could raise the bar to build a brand for innovative, large-scale, master-planned communities,” said Jim Siepiela, Partner, Allegiant Realty Partners.

“Creating this platform gives us a stronger potential for growth,” said Larry Taylor, Partner, Allegiant Realty Partners. “Having created successful residential, mixed-use and master-planned communities throughout North Texas, we hope to position ourselves to take our real estate portfolio to the next level.”

The initial phases of the five master-planned communities currently under construction will deliver approximately 1,000 new home sites in 2015 or early 2016. In DFW, ArrowBrooke is a 410-acre master-planned community in Denton County with 1750 lots and Bozman Farms is a 600-acre master-planned community in Wylie with 1285 lots. Austin-area projects include Caliterra, a 600-acre master-planned community in Dripping Springs with 580 lots; Crosswinds, a 445-acre master-planned community in Kyle with 1,400 lots and a 179-acre master-planned community in Leander with 515 lots.

Allegiant Realty Partners is continually looking for new opportunities in Texas’ top growth markets. This commitment to growth has fueled Allegiant’s expansion from North Texas into the Austin market and they are currently looking at development opportunities in other Texas markets as well. Allegiant Realty Partners has a solid financial base and plans to continue to acquire and develop premier, master-planned communities.

About Allegiant Realty Partners:

Established in 2013, Allegiant Realty Partners (Allegiantrealtypartners.com) brought together two longtime DFW land development companies to expand their development footprint across other high growth housing markets.

Siepiela Interests (Siepiela.com) was formed by its principals James A. Siepiela and Gregory L. Rich in 1987 as a diversified development company concentrating primarily in residential land development as well as light commercial/retail and multi-family development. The Siepiela Companies have been involved as the primary developer on more than 5,000 lots in Dallas/Ft. Worth including 11 of the suburban cities of DFW, Austin and other Texas cities.

Taylor-Duncan Interests (Taylorduncan.com) was co-founded in 1992 by Larry R. Taylor and Phillip W. Duncan. Spencer M. Taylor joined the company in 2006 and is the firm’s newest partner. The company focuses on land development and investments, with a primary emphasis on residential lot development. Taylor-Duncan and its related affiliates have developed thousands of lots in the Dallas-Fort Worth and Austin, Texas markets and as well as in Nashville, Tennessee. TDI is currently involved in the development of numerous new communities located in the Dallas, Austin, San Diego and Nashville markets and have several more in the planning stage.

Source Article

(May 19, 2015—DRIPPING SPRINGS) Caliterra, the new 600-acre master-planned development in Dripping Springs, announced its award-winning Austin builders today. Ranging from the $300s to $700s, Drees Custom Homes, Grand Haven Homes and Scott Felder Homes will be building in the initial phase of Caliterra. The development has lots for 600 homes with scenic views along a portion of Onion Creek.

“We’ve got a great line-up of some of the best builders in Austin,” said Jim Siepiela, Partner, Allegiant Realty Partners, the developer for Caliterra. “They all have great reputations for building high-quality homes with unmatched customer service and the floor plans and designs will flow nicely into the existing natural habitat.”

Homes in Caliterra will range from 2,200 to 5,000 square feet and builders have several new floor plans for the Hill Country development.

Over 250 acres of Caliterra is preserved as open space that maximizes views, protects wildlife habitats and maintains the rural ranch heritage of Dripping Springs. Phase I amenities include a Welcome Lodge and Coffee Shoppe; on-site Event Pavilion and Adventure Cabin for resident and community gatherings; a community garden where residents can grow their own produce; children’s splash pad and play area; Treehouse Park; and an open air picnic area and fishing dock.
Phase II amenities will feature a luxurious residents-only Club House with resort-style pool and cabanas; a 33-acre Central Park with six miles of nature trails, playscapes and Turkey Hollow, a space that is great for exploring and camping.
Another added amenity is that Caliterra is using natural gas throughout the development. It is the first community in Dripping Springs currently offering this highly cost efficient alternative to propane gas. Natural gas is not only much less expensive than propane, but it is also a cleaner burning fuel that does not release pollutants into the air.

The local Dripping Springs community is just a few miles away and is home to Mercer Street, which hosts local restaurants, specialty shopping, an historic dance hall and weekly Farmer’s Market.
Approximately 20 minutes from downtown Austin, Caliterra is located right off of highway 290, just south on Ranch Road 12. Its convenient location allows for easy access to the airport, surrounding cities and the Hill Country.

Caliterra will be open for Pre-Sales by June 1st. The models will be ready to tour early Fall. For more information, go to caliterraliving.com.