LGI Homes Opens New Community in Tucson With New Floor Plans

LGI Homes, Inc. (Nasdaq:LGIH) today announced the grand opening of a new community in Tucson.

The Ironwood 3 bedroom, 2 bathroom home is available at Cantera by LGI Homes starting in the $220s.

“We are thrilled to open Cantera, our newest community in Tucson, located near the heart of the city,” said Chris Kelly, Division President for LGI Homes. “Just eight miles southwest of downtown, Cantera is in an incredible location near major employers and various entertainment attractions, including the Tucson International Airport, Reid Park Zoo, Kino Sports Complex and Pima Air & Space Museum.”

Cantera offers a selection of brand-new floor plans, allowing customers to choose from a range of three- to five-bedroom, one- and two-story homes. A new community park will be built within the neighborhood and will feature a children’s playground, picnic pavilion and grills, walking paths and open green spaces.

“These new plans offer something for everyone. Each is uniquely designed with the customer in mind and includes features such as open-concept living spaces, upgraded kitchens, and master suites with walk-in closets,” Kelly stated. “Homeowners will not only enjoy the exceptionally upgraded homes at Cantera, but also the 360-degree views of the Tucson Mountains.”

Homes at Cantera are available for quick move-in starting in the low-$200s. Interested homebuyers are encouraged to call [phone] ext 307 or visit LGIHomes.com/Cantera to schedule a tour.

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/4098768c-4b78-41ec-97e3-03157dd3a8cc