Empire Communities, the No. 56 company on the 2024 Builder 100 list, announced a strategic partnership with Colorado Springs-based builder Covington Homes.
The partnership expands Empire’s presence in the U.S. to eight markets, including Houston; Austin, Texas; San Antonio; Chattanooga, Tennessee; Charlotte, North Carolina; Greenville, South Carolina; and Colorado Springs, Colorado.
“Entering into the Colorado market marks a significant step forward in Empire’s growth strategy,” says Dan Guizzettie, co-CEO of Empire Communities. “With this strategic partnership, we’re aligning with a well-established team that has a proven history of over 15 years as a successful operator in the Colorado Springs market.”
Covington Homes owns and controls just under 2,000 lots across 12 communities and targets first-time and move-up home buyers. Co-founders Grace and Ron Covington say leveraging Empire’s platform and cross-border expertise will provide “significant capacity for us to continue elevating our own offering and meet the diverse needs of the market.”
“Covington Homes has built a strong reputation in the market as a customer-focused builder with values that are very much aligned to our own,” says Andrew Guizzetti, co-CEO of Empire Communities. “This partnership will allow us to continue our growth in the U.S. and deliver the same quality homes and enhanced home buying experience is recognized for.”
According to the news release, plans are in place to transition Covington Homes to the Empire brand in 2025 with Grace and Ron Covington continuing to oversee all operations in the Colorado market.
