January 23, 2023
Filed Under: Whisper Valley

Chesmar Homes Acquires 41 Lots in Whisper Valley

(Austin, TX – January 23, 2023) Chesmar Homes announced today it has acquired 41 lots in Whisper Valley, a 2,063-acre zero energy capable master-planned community in East Austin. Chesmar will offer homes on 40-foot and 50-foot homesites from the $400s. Floor plans range in size from 1,300 to 2,400 square feet with a mix of one- and two-story open concept designs.

“We look for communities where our homeowners aspire to live and Whisper Valley checked all the boxes for us, especially the lifestyle component,” said Adam Stockton, Austin Division President for Chesmar Homes. “Chesmar Homes offers a diverse collection of floor plans. Included in this, we always strive to offer customers a highly amenitized one-story home. In addition, through our in-house Architect, we have the flexibility to consider modifications upon buyer’s needs and requests.”

Chesmar Homes was founded in 2005 and currently builds well over 1,500 homes each year in Austin, Dallas, Houston, and San Antonio.

When the Whisper Valley development is complete, it will have 7,500 homes connected to boutique retail, restaurants, and garden office in its seven villages. It is the only affordable and sustainable community of this size in the country.

“We’re thrilled to have Chesmar Homes join our already outstanding list of award-winning builders,” said Douglas Gilliland, president of Taurus of Texas and managing director of Taurus Investment Holdings, the developer of Whisper Valley. “It takes a forward-thinking builder to commit to providing zero-energy capable, high-tech homes at an affordable price. What we’re creating in Whisper Valley is a community based upon environmentally sensitive principles and integrated around healthy living and technology that makes life better.”

Every home in Whisper Valley will feature an EcoSmart Solution package that helps homeowners reduce energy bills, protect the environment, eliminate noise pollution, and save money. An innovative GeoGrid™ combined with Solar PV combines to deliver zero energy capable homes that include high efficiency EnergyStar kitchen appliances, garages pre-wired for an electric-vehicle (EV) charging station and home automation products designed to monitor and manage home energy use more efficiently.

Completed community amenities include a dog park, professionally managed organic gardens, neighborhood parks, a fitness center, a resort style pool, a demonstration kitchen for cooking classes, event spaces, walking trails and high-speed internet service by Google Fiber. Whisper Valley will ultimately include 700 acres of green space including a 600-acre public park with trails that will connect to miles of Travis County pedestrian trails. A full time Lifestyle Director also plans 40+ events a month for residents to connect with friends and family.

Whisper Valley also has three school sites located within the community and Del Valle ISD just announced that the first school will be a new high school which is anticipated to open in 2026.

Whisper Valley was named 2021 Project of the Year by Austin Green Awards and 2021 Master-planned Community of the Year by the Home Builders Association Greater Austin. More information on the development can be found here.

About Chesmar Homes:

Chesmar Homes is owned by SH Residential Holdings, LLC , a wholly-owned subsidiary of SEKISUI HOUSE, LTD. (“Sekisui House”), Japan’s leading homebuilder and leading diversified developer. Chesmar is a leading developer of single-family homes in Texas, with operations in Houston, San Antonio, Austin, and Dallas-Fort Worth. Chesmar offers mortgage and title services through its subsidiaries, CLM Mortgage Inc. and N Title Inc.

About Taurus Investment Holdings

Established in 1976, Taurus is a global real estate private equity firm with over 45 years of experience as a general partner, investor, and operator. By empowering and combining the strength of in-house experts in the fields of multifamily, office, logistics, mixed-use, and renewable energy, the firm has created targeted, scalable investments into value-add, core-plus, and development opportunities.

Taurus is focused on using innovative energy efficient technologies to make the extensive infrastructure investments required to decarbonize residential and commercial buildings through its EcoSmart Solution and RENU Communities affiliates.

Throughout North America and Europe, Taurus is consistently recognized as one of the premier owners of both directly managed and joint venture commercial real estate. To date, Taurus has purchased and developed more than 70 million square feet of residential, office, industrial, retail, and other commercial real estate assets throughout the world with a total acquisition value of over $10.4 billion. www.tiholdings.com.

 

 

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