Roseville, MN (March 26, 2014) – 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 2013. 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 $224 million for 434 single family and 98 multi-family homes (532 total) closed in the 2013 calendar year. Lennar outpaced the second ranked builder, Pulte Homes of Minnesota, by 70 percent, clearly staking their position as top residential builder in the region.
“At Lennar, our focus is on our homeowners and their families, and I believe that’s the Lennar difference. That’s why our home buyers have enabled us to be the Twin Cities number-one home builder for the eighth consecutive year,” said Bill Burgess, Minnesota Division President. “Our core beliefs and values have been formed by the thousands of homes we have built over the past 40-50 years for Twin Cities families. We have listened and learned about what is important to our buyers’ families, and that feedback has shaped the way we build our neighborhoods and homes today.”
All of the top five ranked builders are national firms with corporate offices located outside of Minnesota. Following Lennar, the four next largest volume builders were Pulte Homes of Minnesota, with over $131 million in revenue and 274 housing units closed, followed by D.R. Horton-Minnesota with revenue of almost $121 million and 289 units, Ryland Homes-Twin Cities Division with $117 million revenue and 345 housing units, and Mattamy Homes at $99 million and 300 units.
See the rankings here, or download the PDF below.
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. National builder, Toll Brothers plus local builders Stonewood LLC and John Kraemer & Sons, which according to Keystone Reports data, may have been included in the top 25, declined to participate.