On Monday, Houston-based David Weekley Homes announced that it would break ground in May at Daybreak, the 4,000-acre master planned community in South Jordan, Utah. This represents Weekley’s initial foray into the Salt Lake City market, its 17th overall in nine states.
Weekley expects to start selling single-family detached homes out of this community by June. “This is an incredible opportunity for Dave Weekley Homes to expand our home building portfolio,” said the builder’s chairman David Weekley, in a prepared statement.
“Having David Weekley Homes join our builder group at Daybreak made a lot of sense to us based on our shared values,” added Ty McCutcheon, vice president of Community Development for Kennecott, Daybreak’s developer. “Its focus on an outstanding customer experience, quality energy-efficient construction, and award-winning design are all aligned with the Daybreak brand.”
According to its website, about one in every five homes sold in the Salt Lake City Valley is purchased at Daybreak, which opened nine years ago. Last year, its sales jumped 37%. When it achieves its scheduled completion around 2022, Daybreak is expected to have 20,000 homes (of which more than 3,000 have already been completed) and more than 9 million square feet of commercial space. Including Weekley, Daybreak now has nine active builders: Bangerter Homes, Destination Homes, Garbett Homes, Holmes Homes, Ivory Homes (Utah’s largest builder), Rainey Homes, Richmond American Homes, and Sego Homes.
David Weekley Homes is purchasing homesites in two upcoming communities at Daybreak: Creekside Village and Lakeside Village, both of which will open this summer and will total about 400 homesites. (David Weekley Homes tells Builder that the total number of homesites it will purchase has yet to be determined.)
In Creekside Village, Weekley will sell two products: cottage court–style homes that range from 1,200 to 1,650 square feet and which will be priced from the low- to mid $200s; and 60-foot homesites with houses from 1,800 to 2,300 square feet and priced in the high $200s to the low $300s.
In Lakeside Village, Weekley will offer 60-foot homesites with mountain and lake views. Houses in that neighborhood will range from 2,000 to 2,400 square feet, and be priced in the mid- to high $300s.
Weekley did not comment about what, if any, future expansion plans it has for Utah.
John Caulfield is senior editor forBuilder magazine.
