David Weekley Homes, the nation's largest privately-held home builder, announced its entrance into Chicago, marking the first time the company is building homes in Illinois. Sales of Weekley's in-town, high-density homes are expected to begin fourth quarter 2014.
"Entering the Chicago market is an incredible opportunity for David Weekley Homes and our Team," said David Weekley, chairman, David Weekley Homes. "We are looking forward to expanding our home building operations and product offering to home buyers in the Chicago area!"
John Morgan has been promoted to division president to lead the company's Chicago team.
Morgan will bring 10 years of home building experience with him to Chicago. Morgan joined the company in 2004 and served as a project manager before his promotion to division president. Morgan earned his undergraduate degree in civil engineering from Texas A &M University and a Masters of Business Administration from the University of Houston - Clear Lake.
National Association of Home Builders Introduces New CEO
A new CEO is poised to take the helm at NAHB starting June 1, 2023
Housing Starts Rose in April, but Are Still Down Significantly From a Year Ago
Single-family housing starts posted a small but promising increase in April, but builders are still confronting a major supply deficit that's been over a decade in the making
Home Builder Sentiment Posts Its First Positive Reading in Nearly a Year
Home builder confidence is on the rise as demand for new-home construction increases in an undersupplied market