By Phil Crone
Executive Officer, Dallas Builders Association

 

 

Unlike prior years, 2019 will not be full steam ahead for our area’s housing market. The predicted return to normalcy after a run of several frenzied years will be hard to characterize with a broad brush (though many will try). While more nuanced and complicated than before, there will be no shortage of opportunities and no reason why we cannot continue to be the envy of the nation.

Looking ahead, here are four things to watch in the year to come and why they matter:

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Have you noticed we have a bit of a building boom going on? I haven’t seen this amount of construction since the 1980s. It’s very exciting, and there may not be anything more exciting than watching what’s going on with Centre Living Homes. I live in East Dallas, so I’ve had my eye on their Caddo + Munger development for a few months now, and I’m excited to present this fabulous project as our Inwood Home of the Week feature.
Centre Living Homes

But before I reveal all on the Centre Living Homes Caddo + Munger development, let me tell you a bit about Centre Living Homes. They have 16 projects that are under development or in construction right now. They are primarily in East Dallas, Bishop Arts, and the Cedars, all hip, happening areas. I spoke to Trevor Brickman, president and CEO of Centre Living Homes, and was more than impressed. Brickman grew up in the business. His dad is the CEO of Green Brick Partners. Their website puts it more succinctly than I can:

Green Brick Partners, Inc. is a publicly traded company listed on The NASDAQ Capital Market under the ticker symbol “GRBK.” Green Brick Partners, Inc. is a diversified homebuilding and land development company that acquires and develops land, provides land and construction financing to its controlled builders, and participates in the profits of its controlled builders. Green Brick provides expertise and capital to build neighborhoods with timeless, classic architecture interwoven with the latest technological advancements, and in turn provides a superior long-term return for its investors, residents, and cities it builds in.

In other words, the dinner table discussions growing up in Brickman’s home were more likely centered on cost-effective building than what was on TV that week! I have always maintained regardless of the preferred topic you learn a lot through osmosis at the family dinner table. Brickman proves my theory is correct, as his career path was clear. He went straight into construction management and real estate finance. He loves the business.

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By Phil Crone
Executive Officer, Dallas Builders Association 

Craig Johnson had no idea who, if anyone, would turn up for Collin College’s first construction management course offerings. The newly hired instructor only had a few weeks to get the program up and running. Johnson expected around five students. He ended up with nearly 20.

These students enjoy a unique learning opportunity in the form of Collin College’s 340,000-square-foot technical campus, which recently broke ground in Allen. Once complete, the campus will include a 400-by-90-foot area exclusively dedicated to the construction trades.

Labs for plumbing, electrical, carpentry, and safety will be coupled with a 6,000-square-foot “build” lab, providing hands-on opportunities for students in all programs to work together on various projects. With a labor shortage hampering Dallas-Fort Worth’s construction industry to the tune of 25,000 to 35,000 missing workers, opportunities for graduates will be plentiful.

I recently met with these students while providing a guest lecture on the demands our fast-growing region is placing on the construction industry. I wish I was speaking to a stadium full of students who shared their interest. However, sharing an hour with them left me most excited about the quality of who is about to join our industry and optimistic that others will follow.

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Students from Skyline High School and several other campuses will take part in the Dallas Builders Show. (Courtesy Photos)

From Staff Reports

When it comes to skilled workers, Dallas and North Texas are feeling the pinch. To help generate interest in trade education, the Dallas Builders Association has partnered with Dallas ISD campuses, mentoring students and offering real-life experience through the building trades program. On Nov. 13, more than 100 Dallas ISD students, including the students from Skyline High School’s building trades program, will participate in the Dallas Builders Show.

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John Todd of Elite Remodeling receives the 2018 Hugh Prather award from previous year recipient Donnie Evans of Altura Homes.

From Staff Reports

The Dallas Builders Association has awarded the 2018 Hugh Prather Trophy to John Todd of Elite Remodeling. The award is the highest honor bestowed by the association and has been presented annually for the past 68 years to a builder, remodeler, or developer member who has done the most for the betterment of the North Texas region.

The 2018 presentation was made during the Dallas Builders Association’s Leadership Retreat held Oct. 25. At the retreat, 2017 Prather recipient Donnie Evans of Altura Homes presented the award.

The award was named for the Association’s first president, Hugh Prather, in hopes that his principles would serve as a guide for future generations of builders. It is not meant to be simply a “Builder of the Year,” but something more that reflects credit to the building industry.

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Outgoing President Alan Hoffmann, left, presents the official symbol of office to 2019 President Matt Robinson of Walton Global Holdings. (Courtesy Photo)

From Staff Reports

Matt Robinson of Walton Global Holdings was installed Sept. 28 as the 76th president of the Dallas Builders Association during ceremonies held at Noah’s of Fairview. The Installation was presented in partnership with StrucSure Home Warranty.

Tim Jackson, past president of both the Texas Association of Builders and the Dallas BA, served as the installing officer. Other officers installed were Justin Webb of Altura Homes as first vice president; Matt Mitchell of James Andrews Custom Homes, as vice president/secretary; Greg Paschall of Intex Electrical Contractors as associate vice president; and Stephen Puckett of LegacyTexas Bank, as treasurer.

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From Staff Reports

With lumber tariffs already adding more than $6,000 to the price of every new home in Dallas, President Trump’s decision this month to escalate the trade conflict with China has builders bracing for more challenges to housing affordability. This decision could wind up imposing a $2.5 billion tax increase on residential construction, according to the National Association of Home Builders.

Trump announced he is moving immediately to impose 10 percent tariffs on an additional $200 billion worth of Chinese imports, including $10 billion of goods used by the home building industry. This 10 percent levy represents a $1 billion tax increase on residential construction. Making matters even worse, the tax hike will rise to $2.5 billion on Jan. 1 when the president said the tariff rate will jump to 25 percent if the two nations have not resolved their differences by year end. If China retaliates, Trump has vowed to place tariffs on an additional $267 billion worth of imports. The NAHB has strongly opposed this move.

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The Dallas Builders Association held its annual ARC Awards gala on Aug. 18 at the Westin Galleria Dallas, and we’re pleased to see so many wonderful builders and firms get recognized for their hard work! The awards, presented in partnership with Centricity this year, are held each summer to recognize building excellence by associate members, remodelers, and custom builder members of the DBA.

Winners were named in approximately 75 categories including Best New Home, Best Conceptual Design, Best Outdoor Living Space, Remodeler of the Year and Custom Builder of the Year.

Classic Urban Homes was named Custom Builder of the Year, CandysDirt.com Approved Builder Key Residential was honored as the Remodeler of the Year, and Greg Paschall of Intex Electrical Contractors is the Associate of the Year. Jenny Anchondo of Morning Dose served as the mistress of ceremonies.

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