Lennar Corp.’s branch office in San Ramon, Calif.
Lennar takes Twin Cities homebuilding crown
- April 11, 2013 - 10:47 PM
For the seventh year in a row, Lennar Corp. was the biggest homebuilder in the metro area last year, according to a new survey of the region’s top 25 companies compiled by the Builders Association of the Twin Cities. Florida-based Lennar had gross revenue of $160 million with a total of 441 closed housings during 2012.
The list was notable because it wasn’t long ago that the Twin Cities was dominated by a handful of locally based companies. All of the top five companies in Minnesota had headquarters elsewhere. That includes the Pulte Group, which built 284 houses worth $120.5 million; Ryland Homes with $88.5 million revenue and 271 units; D.R. Horton-Minnesota, which built 205 houses and had revenue of nearly $72 million and Mattamy Homes at $70.3 million and 243 units.
At No. 6, Minneapolis-based Gonyea Homes was the largest local company. It built 65 houses worth $41 million.
To see the list of the top 25, go to www. batconline.org.
Jim Buchta • 612-673-7376
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