Results from a recent survey by the Builders Association of the Twin Cities (BATC) show that Lennar – Minneapolis/St. Paul was the region’s top ranked builder once again in 2011. Lennar has held the top spot since 2006. Rankings are based on annual gross revenue as reported by respondents for for-sale housing. Lennar reported gross revenue at $113.7 million, with 312 total housing units closed in the 2011 calendar year.
“Lennar is honored to be named the Twin Cities’ number one home builder for six consecutive years,” says Bill Burgess, division president. “We have recognized that today’s new home buyer wants extraordinary designs and architectural details along with newer advancing technologies and ever increasing energy efficiency in their homes. At Lennar, we continually adapt and improve our homes to meet today’s home buyers’ needs. In addition, our locations and community amenities have made Lennar the clear choice for Twin City home buyers.”
In fact, all of the top five ranked builders held the same ranking as they did in both 2009 and 2010, and are national firms with corporate offices located outside of Minnesota. Following Lennar were The Pulte Group (marketing homes under both Pulte Homes and Centex Homes) with almost $80 million in revenue and 239 housing units closed, followed by D.R. Horton-Minnesota with $65.2 million revenue and 227 housing units, Ryland Homes with revenue of almost $54 million and 190 units, and Mattamy Homes at $45.4 million and 160 units.
Rankings are based on information provided by survey respondents. Respondent information is believed to be reliable. Each company has verified information to the best degree possible. Commercial construction firms building rental or senior housing were not included in this ranking. Fieldstone Homes, a local residential builder which, according to Keystone Reports data, may have been included in the top 25, declined to participate.