We’re excited to announce that the Empire family is growing as we acquire Texas builder Centerra Homes and expand our U.S. presence to include Austin and San Antonio. Initially founded by Tom Grant and Gene Rowehl, Centerra has a long-standing history of building quality, energy-efficient homes in Austin and San Antonio over the last 10 years. Centerra Homes currently has 11 new home developments in the Austin area and three in San Antonio.
“This acquisition aligns with our strategic and aggressive growth plan for the Texas market,” says James Miller, Regional President of Empire’s Texas homebuilding division. “Centerra Homes shares similar corporate values and vision, and have a strong team and management group that have earned them solid respect in the Texas homebuilding market.”
Tom Grant and Gene Rowehl will continue to oversee the Austin and San Antonio markets. “We are excited to be a part of the Empire family. This is an excellent family-run company that will carry on the reputation Centerra has built through the years of not only building homes, but relationships with our customers,” says Grant. “We have been working closely with the Texas and Toronto teams to ensure a smooth transition and have no doubt that our legacy of building high quality, energy-efficient homes will live on through Empire.”
Construction on two Austin area developments have begun, including Santa Rita Ranch in Liberty Hill and Lakeside in Georgetown. Prices at these developments range from the low-$200,000s to around $600,000 with sizes up to 4,800 square feet.