Tuesday, September 18, 2012

Home Building is Growing in South Chicago

Recent news from the Construction Market Report and the Southwest Suburban Homebuilders Association states that Chicago new home builders in the South Chicago market were issued 538 new building permits in the past year.

Permits were issued at 34 different locations in the South Chicago market between August 1, 2011 and August 1, 2012, totaling $146 million. The creation of new homes and new condos will help to strengthen the economy.

The National Association of Home Builders predicts that the local impact of these new permits will be $8 million in local income, $10 million in taxes and other revenue and a total of 1,300 new jobs.

The new permits were issued in Will County, Orland Park and Tinley Park and covered 18 townships and 16 municipalties. The permits were issued for a combination of condos, townhomes and single-family homes.

Here is a list of the top 10 builders in the South Chicago market.

1. Hartz Construction
2. O’Malley Builders
3. Cambridge, DRH
4. Beechen & Dill Homes
5. Pulte Homes
6. Burdelik Huilders
7. Carlson Brothers
8. Overstreet Builders
9. SSW Developers LLC
10. Flaherty Builders

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