Business

Real estate notebook: Lennar tops Twin Cities homebuilders list again

For the 11th year in a row, Lennar was the biggest homebuilder in the Twin Cities metro last year, according to the annual ranking by the Builders Association of the Twin Cities.

By Jim Buchta

April 6, 2017 at 7:46PM

For the 11th year in a row, Lennar was the biggest homebuilder in the Twin Cities metro last year, according to the annual ranking by the Builders Association of the Twin Cities.

Those rankings are based on annual gross revenue based on sales of for-sale housing.

In 2016, Lennar built 519 single-family and 63 multifamily homes and reported gross revenue of $262 million. "By understanding what features today's buyers want in their new homes, we are able to build their dream homes," Bill Burgess, division president for Lennar, said in a statement.

The rest of the top 10 were:

2. CalAtlantic Homes, 503 units, $190 million revenue

3. PulteGroup, 373 units, $177 million revenue

4. D.R. Horton, 350 units, $155 million revenue

5. Mattamy Homes, 280 units, $110 million revenue

6. Hanson Builders, 114 units, $81 million revenue

7. Robert Thomas Homes, 127 units, $69 million revenue

8. M/I Homes, 144 units, $57 million revenue

9. Gonyea Homes, 59 units, $52 million revenue

10. Eternity Homes, 100 units, $50 million revenue

The annual list is based on information solicited via a voluntary survey. It doesn't include commercial construction firms building rental or senior housing. Several large homebuilders that might have made the list declined to participate. They included Kootenia Homes, Fieldstone Family Homes, Inc., Streeter & Associates, Paul Emmerich Construction, John Kraemer & Sons, Castle Gate Construction and Swanson Homes.

about the writer

about the writer

Jim Buchta

Reporter

Jim Buchta has covered real estate for the Star Tribune for several years. He also has covered energy, small business, consumer affairs and travel.

See Moreicon

More from Business

See More

Business

General Mills tried natural-colored Trix. Cereal buyers wanted artificial dyes back.

This undated photo combination provided by General Mills shows a bowl of Trix cereal made with artificial colors, left, and a bowl with natural colors, right. Food makers are purging their products of artificial dyes as people increasingly eschew anything in their food they donít feel is natural. General Mills couldnít find good alternatives for the blue and green pieces in Trix, so the company is getting rid of those colors when the cereal is reformulated later this year. The red piec

The FDA announced this week it wants artificial colors out of food, like it or not, a stance U.S. Health and Human Services Secretary Robert F. Kennedy Jr. has championed.

Business

Raising guidance in this economy? Boston Scientific just did it.

card image

Business

Minnesota’s largest credit union to combine with Colorado’s as industry consolidation continues

card image