Sunnyvale, California (July 8, 2021) – Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that construction has officially begun on its new community, Lavender in Sunnyvale, CA.

“We’re very excited to break ground on Lavender, a modern and welcoming new townhome community that will allow homebuyers to thrive and truly ‘live in their element’,” said Josh Santos, Northern California Division President, Landsea Homes. “Our previous townhome communities in Silicon Valley, The Vale and Catalina, both sold out quickly and we anticipate Lavender will also be well-received. Buyers are looking for living that offers high quality modern-day conveniences, state-of-the-art amenities and easy access to transportation, which Lavender will provide.”

Lavender will consist of homes with nine different floor plans ranging in size from 1,078 square feet to 2,011 square feet. Additionally, 20 of the townhomes will be priced below market rate. Homes at Lavender are expected to be available later this year.