Ian Peterson Named Division President

MINNEAPOLIS/ST. PAUL, MN (August 4, 2015) – David Weekley Homes, America’s largest private home builder, will begin building in Minneapolis/St. Paul this fall, and announces Ian Peterson as Division President.

Chairman David Weekley said, “We’re excited to bring our exceptional homes and award-winning customer service to Minneapolis/St. Paul. This is a wonderful opportunity to expand our product offering and introduce our innovative designs to homebuyers in this great area. We look forward to enhancing the lives of our customers for years to come.”

Headquartered in Houston, David Weekley Homes began building in 1976. Today, the company builds in 20 markets in 12 states and has closed more than 75,000 homes to date. David Weekley Homes’ first community in the market will offer single-family homes in Minnetrista.

David Weekley recently announced its ranking as the largest privately-held home builder in America and 16th overall, according to BUILDER Magazine’s BUILDER 100 list, published May 7, 2015. The company is also the only builder to win Professional Builder magazine’s Builder of the Year award twice. This will be the builder’s first time in the Minneapolis/St. Paul market.

Division President Ian Peterson joins David Weekley Homes with more than 20 years in the home building industry, including holding executive-level positions at several prominent Midwest home builders. He has been recognized for his work in the Minneapolis/St. Paul area with the 2013 Builders Association of the Twin Cities Advocate of the Year Award. Peterson earned a Bachelor of Science degree in civil engineering from Michigan State University and a master’s degree in project management from Northwestern University.

“I am thrilled about joining such an esteemed home builder with a longstanding reputation for world-class service and financial stability. Our launch into Minneapolis/St. Paul is great for our team and homebuyers who want the best in design, choice and service,” Peterson said.

The Cove at Lake Minnetonka will offer lakefront living on 90-foot homesites. Priced from the $700s, the homes will offer side swing garages, covered porches and optional finished basements. David Weekley will offer two-story floor plans with upstairs and downstairs owner’s retreats, ranging in size from 3,000 to 4,500 square feet.

The Pines at Elm Creek in Plymouth will be the second community of David Weekley homes. The builder will also build single-family homes in Chanhassen, Minnetonka and Maple Grove.

For more information about David Weekley homes in Minneapolis/St. Paul, homebuyers may call an Internet Advisor at 800-748-6219 or visit www.davidweekleyhomes.com.

About David Weekley Homes

David Weekley Homes, founded in 1976, is headquartered in Houston and operates in 20 cities across the United States. David Weekley Homes was the first builder in the United States to be awarded the Triple Crown of American Home Building, an honor which includes “America’s Best Builder,” “National Housing Quality Award” and “National Builder of the Year.” Weekley has also appeared nine times on FORTUNE magazine’s “100 Best Companies to Work For®” list. Since inception, David Weekley Homes has closed more than 75,000 homes. For more information about David Weekley Homes, please visit the company’s website at www.davidweekleyhomes.com.

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