For more information, please contact Sarah Springer Leone, (713) 316-3176
HOUSTON, TX (April 26, 2011) – Today, David Weekley Homes, the nation’s second largest privately held home builder, announces its entrance into the Indianapolis market. This marks the first entry into the Central Indiana market for David Weekley Homes. With over 35 years of Enhancing People’s Lives, David Weekley Homes has earned national recognition for its innovative Design, incomparable Choices and inspired Customer Service in the home building industry.
Last March, Estridge Homes discontinued its sales operations due to difficulty obtaining construction financing, despite having 25 new homes sold. Media coverage of Estridge’s situation drew national attention and caught the eye of David Weekley, Chairman of David Weekley Homes.
"We are thrilled to be expanding into the Indianapolis market," commented Weekley. "Although we weren't looking to expand into Indianapolis, I was intrigued by the idea because I knew we had similar business philosophies and saw an opportunity. There is good potential in working with Paul and his Team to continue to build premier homes and neighborhoods in Indiana."
David Weekley Homes was founded 1976 in Houston, Texas, and has built more than 65,000 homes in 14 markets across the country. The company has earned many coveted industry and business awards, including the Triple Crown of American Home Building, an honor which includes "America's Best Builder," "Builder of the Year," and the "National Housing Quality Award."
"We were fortunate to have a solution," said Estridge. "The option of joining up with David Weekley Homes gives us the ability to continue to build homes and satisfy Homeowners."
Paul Estridge will become the Indianapolis Division President of David Weekley Homes.
Home sales by the new company will begin in May in the Anderson Hall community and soon thereafter at Highland Green. Negotiations are underway to open in other neighborhoods. Construction of new homes will begin in June.
About David Weekley Homes Houston-based David Weekley Homes, Texas’ largest, privately owned, single-family home builder, as well as the second largest, privately owned homebuilder in the U.S., is engaged in the design, construction, marketing and sales of single-family detached homes. David Weekley Homes currently builds in 14 markets across the nation, including Atlanta, Austin, Charleston, Charlotte, Dallas/Ft. Worth, Denver, Hilton Head, Houston, Jacksonville, Orlando, Panama City, Raleigh, San Antonio and Tampa. For more information about David Weekley Homes, visit the company’s website at www.DavidWeekleyHomes.com.