Lennar Tops the List of Twin Cities Builders for 16th Year in a Row
Results from a recent survey by Housing First Minnesota show that Lennar – Minneapolis/St. Paul was the region’s top-ranked builder once again in 2021. Lennar has held the top spot since 2006. Rankings are based on annual gross revenue as reported by respondents for for-sale housing.
Together the Top 25 Builders accounted for $3.2 billion in gross revenue and 6,410 housing units in 2021. Of those housing units, 5,504 were single-family homes and 906 were townhomes or multifamily units. Lennar reported gross revenue at $763,792,906 for 1,254 single-family homes and 347 multifamily homes closed in the 2021 calendar year for a total of 1,601 total units.
“At Lennar, we have listened to our buyers tell us how important their home is to their families. We are truly honored that they trusted us to build their dream home and create the neighborhoods where they are proud to raise their families,” said Bill Burgess, Lennar’s division president. “We thank all of these families for making Lennar the number one homebuilder in the Twin Cities for the past 16 years.”
“With the pressing need for more housing in the Twin Cities we are fortunate to have so many exceptional builders to help provide homes in our community,” said David Siegel, executive director of Housing First Minnesota. “Housing is vital to the health, wealth, and stability of our region.”
In addition to Lennar, the top 10 homebuilders were M/I Homes with over $386 million in revenue and 816 housing units closed; D.R. Horton, Inc. with over $352 million in revenue and 800 housing units closed; followed by Pulte Homes of Minnesota with revenue of over $288 million and 602 units; Capstone Homes with over $173 million and 366 units; Hanson Builders, Inc. with over $172 million and 241 units; Robert Thomas Homes, Inc. with over $140 million and 205 units; Creative Homes, Inc. with over $131 million and 250 units closed; Gonyea Homes, Inc. with over $122 million and 109 units; and Eternity Homes, LLC with over $92 million an 135 units.
Rankings are based on information provided by survey respondents. Each company has verified information to the best degree possible. Commercial construction firms building rental or senior housing were not included in this ranking.
