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RCLCO Ranks Summerlin® and Bridgeland® Among Nation's Top 10 Best-Selling Master Planned Communities of 2024
HHHHoward Hughes (HHH) GlobeNewswire News Room·2025-01-08 12:03

Core Insights - Howard Hughes Holdings Inc. has two communities, Summerlin and Bridgeland, ranked among the top 10 best-selling master planned communities (MPCs) in the U.S. for 2024, with Summerlin at 5 (1,055 home sales) and Bridgeland at 7 (938 home sales) [1][2] Company Performance - In 2024, Howard Hughes communities experienced strong new home sales and are expected to achieve all-time-high residential land sales in terms of price-per-acre and acres sold [2] - The Houston metropolitan area accounted for 22% of all sales among top-ranked MPCs, while Nevada claimed over 26% of sales among the top five best-selling MPCs [2] Summerlin Community Highlights - Summerlin sold 1,055 new homes in 2024 and has been consistently ranked in the top 25 best-selling MPCs for over 28 years, showcasing its enduring appeal [3][4] - The community offers extensive amenities, including over 300 parks, 200 miles of trails, and various recreational facilities, contributing to its attractiveness [3][10] - Summerlin plans to add over a dozen new neighborhoods and three new parks in 2025, enhancing its residential offerings and outdoor lifestyle [4] Bridgeland Community Highlights - Bridgeland was named the 2024 Master Planned Community of the Year and sold 938 homes, ranking 2 in Texas and 7 nationwide [5][11] - The community is undergoing significant commercial development with the Bridgeland Central project, which will introduce a 925-acre urban district featuring retail, hotels, and office spaces [6][8] - Bridgeland is home to approximately 23,000 residents and is projected to grow to nearly 70,000 at full buildout, supported by extensive parks and recreational amenities [9][11]