Oakwood Homes, Utah’s 5th Largest Homebuilder on Pace for Growth

August 28th, 2018

Oakwood Homes Utah is poised for growth

Oakwood Homes of Utah has seen steady growth across the state of Utah for more than six years and doesn’t have plans to slow down. Over the last year alone the company maintained a ranking as one of the top five homebuilders in sales across Davis, Salt Lake, Tooele, Utah, Wasatch and Weber counties.

With a strong foothold in the marketplace, the division recently welcomed a new division president, Ryan Smith. Smith has more than 20 years of homebuilding experience including 10 years in the active adult marketplace with Shea Homes’ Active Adult Trilogy brand, and most recently with Beazer Homes as its Division President in Indianapolis. Smith brings a well-balanced background of finance, operations, sales, customer experience best practices and production experience.

With a new leader at the helm and a strong corporate support center at Oakwood Homes’ headquarters in Denver, the division continues to be positioned for success. In the last year the division has delivered hundreds of homes to happy families in the fast-growing Salt Lake marketplace, introduced new products to market, acquired new land, and launched the company’s first Active Adult brand experience.

The company’s innovative sub-brand, OakwoodLife, is bringing a new approach to Active Adult living in the award-winning community of Daybreak. OakwoodLife’s SpringHouse Village is a neighborhood within a neighborhood, offering more than 450 homes with low-maintenance, main-floor living, and 13 floorplans to choose from plus a 10,000-square-foot private amenity center mirroring country-club-style living. In addition to Daybreak amenities—a recreational lake, trails, shops and restaurants—SpringHouse Village gives residents built-in connections to an ongoing active lifestyle. The community opened the first of June and quickly sold 20 homes in the first few weeks post-opening.

On the Horizon
Oakwood Homes is working on a new community in the fast-growing Saratoga Springs. To be known as Jordan Promenade, the community will be a grand master-planned living experience offering five collections of home styles designed for families of all sizes. Still in development, the mixed-use land plan will help foster west side growth of Utah County, offering more than 1,600 homesites with sales starting in 2019.