LGI Homes Announces the Grand Opening of its First Community in the Mid-Atlantic

LGI Homes, Inc. (Nasdaq:LGIH) today announced its entry into the greater Washington D.C. metropolitan area with the upcoming grand opening of McGinnis Point in Martinsburg, West Virginia.

The Potomac floor plan by LGI Homes is a 5 bedroom, 2.5 bath home, complete with an upstairs game room that is great for entertaining.

At McGinnis Point, LGI Homes will unveil a brand-new collection of one- and two-story single-family homes. These five new floor plans range in size from 1,296 sq. ft. to just over 2,570 sq. ft. With up to five-bedrooms and two-and-a-half baths, the homes at McGinnis Point showcase design features that today’s modern homebuyers are searching for. Open floor plans, private master suites, spacious walk-in closets, lofts, game rooms and lush front yard landscaping are just a sampling of the desirable design characteristics found at McGinnis Point. In addition, each and every home comes with an incredible assortment of included upgrades such as chef-ready kitchens with energy-efficient Whirlpool® appliances, sprawling granite countertops, an under mount kitchen sink, rich wood cabinetry and ample storage space.

Ideally located off WV-9, residents of McGinnis Point will enjoy close proximity to major retail centers and regional attractions, as well as easy access to I-81 and I-70. In addition, nearby wildlife management areas provide a wide array of opportunities for hiking, fishing, camping and wildlife viewing. Homeowners will also have access to a neighborhood park, slated for completion this spring, that will feature a children’s playground, covered pavilion, barbecue grills and a picnic area.

“We are thrilled to enter into the booming Washington D.C. metropolitan area with the opening of McGinnis Point,” said Paul DiConsiglio, Vice President of Sales for LGI Homes’ Mid-Atlantic region.  “We have witnessed a phenomenal demand from customers who are ecstatic to finally have an opportunity to own a new home in this area,” DiConsiglio said.

LGI Homes will host a grand opening event with one-day-only new home discounts at McGinnis Point on Saturday, March 2nd. With brand-new homes in an unbelievable location, this is a once-in-a-lifetime opportunity for homebuyers to own a quality-built home at an affordable price. Pricing for these new homes start from the $220s. Interested buyers are encouraged to call [phone] ext 1208 to reserve an appointment at the grand opening event.

About LGI Homes, Inc.

Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design, construction and sale of homes in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon and Nevada. The Company has a notable legacy of more than 15 years of homebuilding operations, over which time it has closed over 28,000 homes. For more information about the Company and its new home developments please visit the Company's website at www.LGIHomes.com.

MEDIA CONTACT: Rachel Eaton [phone] ext. 2560

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ce41a07a-7636-4a12-8233-7a3e9746669c