Local Builders Dominate Central Ohio's Market

The Columbus Dispatch writer Jim Weiker revealed on Sunday how Central Ohio's residential construction is dominated by big and aggressive local firms, to an "unusual degree." More than 12,000 of the approximate 13,000 apartments under development in Central Ohio are being built by companies based in the area. M/I Homes and Dominion Homes account for over half of all homes built in Central Ohio. Jim Hilz, executive director of the Building Industry Association of Central Ohio comments that for two companies to have that amount of market share is unprecedented. All but three of Central Ohio's other big home builders are based in the area. Aside from Ryan Homes, based in Reston Virginia, none of the nation's largest builders even operate in Central Ohio. Many have tried to establish themselves (Beazer Homes, Toll Brother, and Centex Homes) but have failed to do so. Central Ohio's local companies such as Bob Webb and Romanelli & Hughes continue to thrive thanks to their strong roots and good reputations with residents, customers, and landowners. A local company's established arrangements with subcontractors, experience with customers who may wish to remain with the same firm, and connections with land-owners and developers all benefit local companies.

Jerome Village to Dominate Central Ohio Development

According to an article in The Columbus Dispatch, Jerome Village, where the Parade of Homes is located, is "likely to dominate Central Ohio building for the next decade." While only approximately 100 homes have been built to date, its 1435 acres will include at least 2200 homes upon completion, as well as schools, shops, office buildings, parks, and a pool. In other terms, Jerome Village will be comparable to Muirfield Village and New Albany in size.

Jim Hilz, executive director of the BIA, likes Jerome Village because it offers the best of both worlds: country living in a picturesque environment close to big-city amenities and the heart of Dublin. The location suits the Parade’s theme, which is “Naturally Inviting. Awe Inspiring.” Indeed, the landscaping includes many green spaces, trees, and ponds. When the Village is complete, it will connect to Glacier Ridge Metro Park, which contains over 1,000 acres. Residents can also enjoy walking/biking paths, a horseback-riding trail, and a wetlands education area. 

You can explore the area during the Parade of Homes, which is currently running and ends on June 30th. Why not get your tickets now?!