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In 2003, LGI Homes was founded in The Woodlands, Texas by Thomas Lipar and his son Eric Lipar. [5] [6] LGI Homes primarily focuses on entry-level housing for first-time homebuyers. [7] [8] LGI Homes initially built homes in its home state of Texas. [9] Their first project was a residential development in Conroe called Summerset Estates. [10]
Along with construction, the corporation was also involved in real estate and owned several hotels and casinos which were built and/or expanded by the company. The company was purchased in 2001 by Pulte Homes. [1] Pulte Homes since merged with Centex Corp. and became PulteGroup. [2] Del Webb continues as a brand of PulteGroup. [3] [4]
In 2001, Pulte Homes, Inc acquired Del E. Webb Construction Company, founded by Del Webb, for $1.8 billion. [11] In 2003, the company acquired Sivage-Thomas Homes. [12] In 2009, the company acquired Centex for $1.3 billion in stock. [13] [14] In August 2014, the company acquired the real-estate assets of Dominion Homes for $82 million. [15]
Pulte was a benefactor of Angel Fund, an organization for struggling families in Detroit. He also donated to Detroit's Cornerstone Schools. [6]In 1994, William J. Pulte and his wife Karen helped start International Samaritan, a nonprofit dedicated to walking alongside families who live in and near garbage dumps to help them break the chains of poverty.
The United States Census Bureau defines an urban area separate from the Houston urban area with The Woodlands as a principal city: The Woodlands–Conroe, TX urban area had a 2020 population of 402,454, making it the 103rd largest in the United States. [2] The Woodlands is located 28 miles (45 km) north of Houston along Interstate 45.
It is located along the banks of the San Jacinto River, [1] 6 miles (9.7 km) south of Conroe. As of 2007, it had 1,200 houses and approximately 3,000 residents. [ 1 ] According to the 2015 American Community Survey , the median household income for residents living in River Plantation and the surrounding area was $84,583.
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