Jim Siepeila

Mr. James A. Siepiela started in the building business in 1970, with a custom homebuilder in San Antonio. While working on his degree from the University of Texas in Austin, Mr. Siepiela had his own construction company primarily involved in contract work in the Lakeway area outside of Austin. In 1975, Mr. Siepiela was employed by the Alpert Corporation as Contract Administrator on four condominium projects in Lakeway and as Assistant Land Manager responsible for subdivision development and golf course construction on two championship courses. In 1977, Mr. Siepiela went to work for Nash Phillips/Copus (NPC) as Land Development Manager for multi-housing in Austin. His responsibilities included all supervision and administration of various land developments in Austin associated with townhouse, apartment, condominium and duplex development. In 1979, Mr. Siepiela was made President of the Central Texas Region of NPC and had P & L responsibility for all single-family home-building and development in the Temple, Killeen, Bryan, Georgetown and College Station areas. Mr. Siepiela guided the growth of the start up Central Texas Division to where it was building, selling, and closing in excess of 260 homes a year for $20,000,000 in sales volume. While President of the Central Texas Division, several commercial buildings were constructed and sold including a bank building, retail store and an office project in Bryan, College Station. In 1982, while still President of the Central Texas Region, Mr. Siepiela was also made President of the newly formed North Texas Region (Dallas / Forth Worth). He was responsible for all start up of this newly formed division including setting up credit lines, mortgage banking, all financing, land and lot acquisition, product development, and hiring of all local employees. In April of 1983, NPC opened for sales in the Dallas/Ft Worth area and in 1986, closed 890 single-family homes for a sales volume of approximately 100,000,000. In addition to home building, the North Texas Region was also involved in land development and developed approximately 60% of the lots it built on. It also built lots for other builders with closing of approximately 300 lots per year to others and additional revenues of $10,000,000. Combined revenue in 1986 was in excess of $110,000,000. In June of 1987, Mr. Siepiela formed Siepiela Interests, Inc., a multifaceted development company concentrating primarily in single-family lot development as well as light commercial and multi-family development. Siepiela Interest has been involved as the primary developer on more than 5,000 lots in the Dallas/Ft. Worth Metroplex with total revenues on those projects in excess of $250,000,000.00. Some of the more notable projects have been Windmill Farms in Forney, Texas, a 3852 acre master planned mixed use Community, Bozman Farms, a 600 acre master planned community in Wylie Texas, Caliterra, a 600 acre master planned community in Dripping Springs, just outside of Austin, Texas. Other projects include Glenwick Estates, a 337-lot subdivision located in Flower Mound, Texas, Stafford Estates, a 267-lot subdivision also located in Flower Mound, Texas, Suncreek, a 300- acre masterplanned community in Allen, Texas, with over 850 single family lots and Prestmont, a 250-lot subdivision located in Frisco, Texas. In addition to single family lot development Siepiela Interests, Inc. has been responsible for the development of a 190-unit apartment complex in Dallas, Texas, four self-storage warehouse projects in Dallas and Collin County in nearly 300,000 sq. ft. and numerous other retail and commercial tracts. Mr. Siepiela has served or currently serves on several Boards of Directors: National Director of the National Association of Homebuilders Washington, D.C. Land Development Committee of the National Association of Homebuilders Washington, D.C. Past President and Director of the Homebuilders Association of Greater Dallas, Texas Past Director of First State Bank-Central Texas Austin, Texas Past President of Homeowner Warranty Council of Metro Dallas Dallas, Texas State Director of the Texas Association of Builders Austin, Texas Government Relations and Developers Committees of the Texas Association of Builders Austin, Texas

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