Utah's real estate development industry revolves around creating and managing residential, commercial, and mixed-use properties. Companies here range from large corporate entities to small local builders. They not only construct new buildings but also enhance existing ones, reflecting a strong emphasis on quality and sustainability. With low unemployment and population growth, demand for housing is surging. Additionally, a noteworthy trend involves adaptive reuse projects, converting older buildings into modern spaces. As communities evolve, developers are focusing on integrating technology and embracing green building practices to appeal to conscientious homebuyers and tenants alike.

The companies listed here represent a robust segment of Utah's real estate sector. With sizes varying from small firms employing around 10 individuals to corporate giants with thousands of employees, they are predominantly based in urban centers like Salt Lake City and Draper. Established mostly between the 1970s and 2020, these firms engage in various activities—from home building to property management—demonstrating specialization in both residential and commercial markets. Collectively, they are driving substantial growth in regional communities across the state.

Read on to uncover the top real estate development companies in Utah.

Top 21 Real Estate Development Companies in Utah

1. Sequoia Development

• Website: sequoiadevelopment.com
• Ownership type: Private
• Headquarters: Sandy, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1987
• Headcount: 11-50
• LinkedIn: sequoiadevelopment

Sequoia Development Inc., based in Sandy, Utah, has been a player in the real estate development sector since its founding in 1987. The company specializes in residential, commercial, and hospitality projects, showcasing a portfolio that includes some of Utah's notable developments. Among their achievements is the introduction of the first Hyatt hotel to the state, which highlights their capability in the hospitality sector. Sequoia Development prides itself on delivering high-quality construction and development services, focusing on customer satisfaction throughout the project lifecycle. Their projects range from custom homes and condos to office spaces and hotels, reflecting their adaptability and commitment to meeting client needs. With a dedicated team of professionals, Sequoia Development continues to contribute to the growth and development of the Utah real estate market.

2. Bach Homes, LLC

• Website: bachhomes.com
• Ownership type: Private
• Headquarters: Draper, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1976
• Headcount: 51-200
• LinkedIn: bach-homes-llc

Bach Homes, LLC, based in Draper, Utah, is a home builder and property management firm that specializes in new construction homes and rental properties. Established in 1976, the company has built a reputation for quality housing along the Wasatch Front and Tooele County. With a workforce of 51-200 employees, Bach Homes has developed thousands of lots and constructed numerous homes, demonstrating their significant involvement in the local real estate market. The company also manages apartment projects, adding hundreds of units to their portfolio each year. Their focus on customer satisfaction and community development positions them as a notable player in the real estate development sector.

3. Wasatch Property Management

• Website: wasatchgroup.com
• Ownership type: Private
• Headquarters: Logan, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1988
• Headcount: 501-1000
• LinkedIn: wasatch-property-management

Wasatch Property Management, part of the Wasatch Group, is a private real estate development and property management firm based in Logan, Utah. Founded in 1988, the company has grown to employ between 501 and 1000 individuals. Wasatch Property Management specializes in managing multifamily and commercial properties, as well as overseeing construction and investment management. Their operations are characterized by a commitment to innovation and community engagement, which is reflected in their various initiatives aimed at fostering growth in the communities they serve. The company operates through several divisions, including Wasatch Taylormade Builders and Wasatch Commercial Developers, which further solidifies their role in the development sector. They have not reported any recent funding, indicating a self-sustaining business model that relies on their operational success and expertise in the industry.

4. DAI Utah

• Website: daiutah.com
• Ownership type: Private
• Headquarters: Draper, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1991
• Headcount: 11-50
• LinkedIn: dai-utah

DAI Utah, officially known as DAI, Inc., is a private real estate development firm based in Draper, Utah. Established in 1991, the company specializes in both residential and commercial projects throughout the state. With a portfolio that includes over 20,000 residential units and a variety of commercial spaces, DAI Utah has made significant contributions to the growth of communities in the Wasatch Front. Their projects range from multi-family housing to commercial developments, showcasing their ability to cater to different market needs. DAI Utah is also known for its commitment to quality, focusing on creating attractive living and working environments that incorporate modern amenities. The company has developed more than 8,000 acres of land, demonstrating its extensive experience in the industry. Furthermore, DAI Utah has been involved in community initiatives, such as partnering with non-profits to address local needs, which reflects their dedication to social responsibility within the real estate sector.

5. C.W. Urban

• Website: builtbycw.com
• Ownership type: Private
• Headquarters: Centerville, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2016
• Headcount: 51-200
• LinkedIn: cw-urban

C.W. Urban, based in Centerville, Utah, is a private real estate developer that specializes in residential properties. Since its inception in 2016, the company has focused on creating modern living spaces, including single-family homes, townhouses, and luxury apartments. C.W. Urban emphasizes thoughtful design and community integration, aiming to meet the needs of homebuyers and renters looking for quality housing options. Their portfolio includes various projects that highlight their commitment to enhancing urban and suburban living. The company operates entirely within the United States and has a workforce of approximately 26 employees, indicating a small to medium-sized operation. C.W. Urban's approach to development reflects a blend of contemporary architecture and community-oriented planning, making them a relevant player in the real estate development sector.

6. PEG Companies

• Website: pegcompanies.com
• Ownership type: Corporate
• Headquarters: Provo, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $22.0M, October 2024
• Founded year: 2003
• Headcount: 1001-5000
• LinkedIn: pegcompanies

PEG Companies, based in Provo, Utah, is a real estate investment firm that specializes in commercial real estate. Founded in 2003, the company has grown to manage a portfolio that includes investment, development, construction, property management, and hospitality services. With a focus on creating quality living experiences, PEG Companies caters to both investors seeking stable returns and property owners in need of management services. The firm has a significant presence across the United States, with over $1.9 billion in assets under management and operations in 29 states. Their recent projects include hotel-to-apartment conversions and new multifamily developments, showcasing their adaptability and commitment to meeting market demands. In October 2024, PEG Companies secured $22 million in funding, further solidifying their position in the industry and enabling continued growth and expansion.

7. Brodsky Built

• Website: brodskybuiltutah.com
• Ownership type: Private
• Headquarters: Murray, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2022
• Headcount: 1-10
• LinkedIn: hamlet-homes

Brodsky Built, based in Murray, Utah, is a real estate developer that specializes in residential and commercial construction. Founded in 2022, the company is a continuation of a legacy that began with Hamlet Development in 1994. Brodsky Built focuses on creating high-quality homes, townhomes, and commercial properties, catering to a variety of clients including families and businesses. They also offer property management and interior design services, ensuring that their developments meet the needs of modern living and working environments. The company has developed over 30 communities along the Wasatch Front, showcasing their commitment to quality and customer satisfaction. Their projects include a mix of new homes and commercial spaces, reflecting a strategic approach to community development. Brodsky Built is actively involved in the local real estate market, with a focus on sustainable practices and innovative design.

8. The Boyer Company

• Website: boyercompany.com
• Ownership type: Corporate
• Headquarters: Salt Lake City, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: March 2018
• Founded year: 1972
• Headcount: 51-200
• LinkedIn: the-boyer-company

The Boyer Company, based in Salt Lake City, Utah, is a real estate developer and property management firm that has been active since 1972. Specializing in a variety of property types, including office, retail, residential, and industrial projects, the company has developed over 43 million square feet of commercial space primarily in the Western United States. The Boyer Company prides itself on maintaining high standards in real estate development, emphasizing quality, integrity, and flexibility in its operations. They offer a full suite of services, including project management, construction management, and property management, ensuring comprehensive support for their clients. The company is also involved in various community projects, reflecting its commitment to fostering positive relationships with clients and stakeholders alike.

9. Woodbury Corporation

• Website: woodburycorp.com
• Ownership type: Corporate
• Headquarters: Salt Lake City, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $120.5M, July 2017
• Founded year: 1919
• Headcount: 501-1000
• LinkedIn: woodbury-corporation

Woodbury Corporation, founded in 1919, is a real estate development and management firm based in Salt Lake City, Utah. With a workforce of approximately 500 to 1,000 employees, the company has built a robust portfolio that includes over 180 properties across 16 states. Their offerings range from retail and office spaces to multi-family housing and senior living facilities. Woodbury Corporation prides itself on its hands-on approach to real estate, focusing on creating properties that contribute positively to the communities they serve. The firm has a history of successful projects, including notable developments like University Place and Falcon Hill Aerospace Research Park. Their expertise extends to various areas, including property management, private equity, and hotel management, showcasing their comprehensive capabilities in the real estate sector.

10. Areté Collective

• Website: arete-collective.com
• Ownership type: Private
• Headquarters: Salt Lake City, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2020
• Headcount: 51-200
• LinkedIn: aretecollective

Areté Collective, based in Salt Lake City, Utah, is a private real estate development firm founded in 2020. The company specializes in luxury residential communities and sustainable development, aiming to create master-planned environments that enhance the quality of life for residents. With a team of experienced professionals from various sectors, Areté Collective focuses on responsible luxury and community-building. Their portfolio includes significant projects like the Thomas Ranch, a 2,200-acre development in Texas, and Loraloma, a members-only residential community. The firm emphasizes thoughtful design and integration with nature, reflecting a commitment to sustainability and climate resilience. Areté Collective operates with a vertically integrated model, allowing for efficient project management across all phases of development, from land acquisition to marketing. Their innovative approach and dedication to quality living environments position them as a noteworthy player in the real estate development industry.

11. J. Fisher Companies

• Website: jfisherco.com
• Ownership type: Private
• Headquarters: Centerville, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2015
• Headcount: 51-200
• LinkedIn: j-fisher-companies

J. Fisher Companies, based in Centerville, Utah, is a real estate development firm that specializes in creating single-family, multifamily, and affordable housing. Established in 2015, the company has quickly made a name for itself in the Intermountain West by focusing on comprehensive planning, design, and construction management. J. Fisher Companies operates with a housing-first philosophy, emphasizing the importance of community and sustainability in their projects. They have developed over $1 billion in real estate, delivering nearly 3,000 units, including more than 1,000 affordable housing units through Low Income Housing Tax Credit (LIHTC) projects. Their approach involves collaboration with municipalities and stakeholders to ensure that developments meet local needs and contribute positively to the community. The firm is also recognized for its commitment to quality and innovation, having received accolades such as 'Best Company to Work For' in Utah Business 2023 and 'Developer of the Year' from NAIOP in 2022.

12. Visionary Homes

• Website: visionaryhomes.com
• Ownership type: Private
• Headquarters: Logan, Utah, United States (USA)
• Employee distribution: United States (USA) 98%, Other 2%
• Founded year: 2004
• Headcount: 51-200
• LinkedIn: visionary-homes

Visionary Homes is a private home builder located in Logan, Utah, with a workforce of approximately 130 employees. Established in 2004, the company specializes in residential construction, catering primarily to the Utah market. Visionary Homes offers a range of products, including single-family homes, townhomes, and condominiums, designed to meet the needs of various buyers. They provide quick move-in options, allowing customers to purchase homes that are ready for immediate occupancy. Additionally, the company emphasizes personalized design services, enabling buyers to customize their homes to suit their preferences. Visionary Homes operates multiple communities across Utah, showcasing their commitment to residential development in the region.

13. Clyde Capital Group

• Website: gwccap.com
• Ownership type: Private
• Headquarters: Orem, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2014
• Headcount: 1-10
• LinkedIn: clyde-properties

Clyde Capital Group, based in Orem, Utah, is a private real estate development firm founded in 2014. The company specializes in creating sustainable residential and commercial projects primarily in the Intermountain West region. Clyde Capital Group focuses on developing master-planned communities and commercial spaces that aim to enhance the quality of life for residents and meet the evolving needs of businesses and organizations. Their portfolio includes various projects, such as Alcantíl, Valnova, and Desert Color, which reflect their commitment to environmental stewardship and economic sustainability. The firm operates with a small team, emphasizing strategic partnerships and community engagement to drive their development initiatives. Their approach combines innovative design with practical execution, ensuring that each project adds value to the community.

14. Gardner Group

• Website: gardnergroup.com
• Ownership type: Private
• Headquarters: Salt Lake City, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2004
• Headcount: 11-50
• LinkedIn: gardnercompany

Gardner Group, based in Salt Lake City, Utah, is a commercial real estate development firm founded in 2004. With a workforce of 11 to 50 employees, the company specializes in sustainable building practices and offers a range of services including property management, architectural design, and construction management. They have successfully developed over 30 million square feet of commercial real estate, focusing on projects that serve businesses and organizations in Utah, Idaho, and Nevada. Notable projects include the Baltic Pointe building, which is Utah's first commercial mass timber structure, showcasing their commitment to innovative and eco-friendly construction methods. Gardner Group also emphasizes community involvement, supporting over 50 organizations in sectors such as healthcare, education, and environmental conservation. Their approach combines real estate development with a strong focus on sustainability and community impact, making them a significant player in the industry.

15. Westates Companies, LLC

• Website: westatescompanies.com
• Ownership type: Private
• Headquarters: Salt Lake City, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2001
• Headcount: 51-200
• LinkedIn: westates-companies

Westates Companies, LLC is a private real estate development firm located in Salt Lake City, Utah. Founded in 2001, the company has carved out a niche in the development of multifamily, single-family, and commercial properties. Westates is committed to addressing the growing demand for housing in the Mountain West region by offering a range of options that cater to both affordability and luxury. Their portfolio includes various projects, such as townhome communities and apartment complexes, showcasing their ability to adapt to market needs. The firm also emphasizes innovative building techniques and customer satisfaction, which are critical in today's competitive environment. Westates Companies is actively involved in the community, contributing to low-income housing initiatives through its non-profit efforts, further solidifying its role in the real estate development industry.

16. FieldStone Homes

• Website: fieldstonehomes.com
• Ownership type: Private
• Headquarters: Draper, Utah, United States (USA)
• Employee distribution: United States (USA) 96%, Canada 4%
• Founded year: 1981
• Headcount: 51-200
• LinkedIn: fieldstone-communities

FieldStone Homes is a private home builder located in Draper, Utah, with a history dating back to 1981. The company specializes in residential construction, providing a variety of new homes, model homes, and rental suites primarily in the Utah market. With a workforce of approximately 149 employees, FieldStone Homes emphasizes quality construction and customer satisfaction throughout the home buying process. They have developed numerous communities across Salt Lake, Utah, Summit, and Davis Counties, showcasing a range of thoughtfully designed floor plans. The company has built a reputation for its commitment to quality and responsiveness to customer needs, making it a significant player in the local home building industry.

17. Alpine Homes, LLC

• Website: alpinehomes.com
• Ownership type: Private
• Headquarters: Draper, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1994
• Headcount: 11-50
• LinkedIn: alpine-homes-llc

Alpine Homes, LLC is a private home builder based in Draper, Utah, specializing in the construction of new homes. Established in 1994, the company has been dedicated to creating quality living spaces throughout the greater Salt Lake City area. Alpine Homes offers a variety of housing options across several neighborhoods, including American Fork, Herriman, Highland, and Provo, among others. Their approach emphasizes thoughtful planning and superior design, aiming to enhance the communities they serve. With a workforce of 34 employees, Alpine Homes is actively involved in the local real estate market, providing quick move-in homes and engaging in new developments. The company has not reported any funding, indicating a self-sustained operational model.

18. Dakota Pacific Real Estate

• Website: dakotapacific.com
• Ownership type: Private
• Headquarters: Salt Lake City, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2009
• Headcount: 11-50
• LinkedIn: dakota-pacific-real-estate-partners

Dakota Pacific Real Estate is a private real estate development and investment firm based in Salt Lake City, Utah. Established in 2009, the company specializes in multi-family residential, industrial, and commercial real estate projects throughout the Intermountain West. With a dedicated team of professionals, Dakota Pacific aims to create long-term value for its investors and the communities it serves. The firm manages approximately $660 million in real estate assets and has been involved in the development of various properties, including residential complexes, office spaces, and hospitality venues. Their disciplined processes and commitment to excellence are central to their operations, ensuring that they meet the evolving needs of the market while maintaining a focus on quality and sustainability.

19. Woodside Homes

• Website: woodsidehomes.com
• Ownership type: Private
• Headquarters: Salt Lake City, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1977
• Headcount: 201-500
• LinkedIn: woodside-homes

Woodside Homes, based in Salt Lake City, Utah, is a private home builder that specializes in the construction and sale of new residential properties. Established in 1977, the company has built a reputation for creating homes that cater to the unique needs of families. They focus on personalized designs and features, ensuring that their offerings resonate with modern homebuyers seeking efficient and functional living spaces. Woodside Homes operates in several regions across the United States, including Arizona, California, Nevada, and Utah, providing a wide range of options for prospective homeowners. Their commitment to quality and customer satisfaction is reflected in their mission statement, which emphasizes value, integrity, quality, and service. The company is a wholly owned subsidiary of Sekisui House, Ltd., a significant player in the global homebuilding market, which further enhances its credibility and operational capabilities.

20. Lotus Company

• Website: lotuscompany.com
• Ownership type: Family Owned
• Headquarters: Salt Lake City, Utah, United States (USA)
• Employee distribution: United States (USA) 90%, Saudi Arabia 5%, India 5%
• Founded year: 2007
• Headcount: 51-200
• LinkedIn: the-lotus-company

Lotus Company, based in Salt Lake City, Utah, is a family-owned real estate development and hospitality firm founded in 2007. The company is dedicated to creating innovative housing solutions and vibrant community spaces. It operates through several divisions, including Lotus Development, which focuses on crafting residential and commercial projects, and Lotus Equities, which strategically acquires and revitalizes commercial and multifamily properties. Lotus Company is recognized for its expertise in urban infill and revitalization, executing large-scale mixed-use projects that enhance community living. The firm prides itself on its community-centric approach, aiming to foster environments where individuals can thrive. With a team of industry professionals, Lotus Company is committed to sustainable development and creating lasting impacts in the neighborhoods it serves.

21. FieldStone Homes

• Website: fieldstone-homes.com
• Ownership type: Private
• Headquarters: Draper, Utah, United States (USA)
• Founded year: 1981
• Headcount: 51-200
• LinkedIn: fieldstone-homes

FieldStone Homes is a private home builder located in Draper, Utah, with a history dating back to 1981. The company specializes in residential construction, offering a range of new homes, model homes, and quick move-in options tailored to meet the needs of homebuyers in Utah. FieldStone Homes is dedicated to creating thoughtfully designed communities that enhance the home-buying experience. They emphasize quality construction and customer support, which is reflected in the numerous positive reviews from satisfied homeowners. The company operates across various locations in Utah, including Salt Lake, Utah, Summit, and Davis Counties, and has developed a reputation for building homes that combine modern design with functional living spaces. Their focus on customer satisfaction and community development positions them as a relevant player in the real estate development sector.

Real Estate Development Insights: Key Companies in Utah

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