March 13, 2013

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Article

David Weekley Homes to Build at Daybreak

Press Release

March 13, 2013

Houston-based David Weekley Homes has announced its plans to begin building new homes in South Jordan’s Daybreak community beginning in June. David Weekley Homes is the nation’s third-largest privately held home builder, and with the Utah expansion it will be operating in 17 cities across nine states. The company has built more than 70,000 homes in its 36-year history.

“Having David Weekley Homes join our builder group at Daybreak made a lot of sense to us based on our shared values,” said Ty McCutcheon, vice president of community development for Kennecott. “Its focus on an outstanding customer experience, quality energy-efficient construction and award-winning design are all aligned with the Daybreak brand.”

With Utah’s strong economy, favorable demographics, and a local housing market that is recovering at a steady clip, Salt Lake City is one of just a handful of locations selected by the company for expansion this year. David Weekley Homes chose Daybreak as its entrance into Utah due to the community’s availability of land, which will support its growth strategy. Daybreak has been the top selling new home community in Utah for the past eight years, and has built just over 3,000 of a planned 20,000 homes.

“We are excited to expand our homebuilding operations to Salt Lake City,” said David Weekley, chairman of David Weekley Homes. “This is a great opportunity for us to reach a new demographic of homebuyers and also help strengthen the local South Jordan community in Daybreak.”

Daybreak experienced a 37-percent increase in home sales from 2011 to 2012. The South Jordan community will open two new neighborhoods in the summer of 2013 that will include some 400 new home sites. David Weekley Homes will participate in both areas along with the community’s eight other active home builders.

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