Real estate development companies in Alabama are vital drivers of the state's economic growth, contributing significantly to community vitality and housing availability. These firms range from local builders focusing on affordable residential homes to established projects enhancing urban and commercial landscapes. They engage in constructing apartment complexes, single-family homes, and mixed-use developments, addressing increasing demand for housing solutions. The industry is shifting towards sustainable building practices, with a heightened focus on energy-efficient homes and smart technology integration, aiming to meet modern living standards while responding to the environmental concerns of today.


The companies listed here vary in size and focus, with headquarters in prominent cities like Birmingham, Montgomery, and Huntsville. Established between the 1950s and 2010s, they cater to different segments of the market, including family homes, affordable housing, and luxury apartments. Many of these firms are family-owned or well-connected corporate entities, showcasing a blend of traditional values and modern business approaches. Their footprints signify a robust involvement in Alabama's real estate, each offering unique products and services suited to various consumer needs.


Continue reading to discover the top real estate development companies in Alabama.


Top 25 Real Estate Development Companies in Alabama


1. Harris Doyle Homes

  • Website: harrisdoyle.com
  • Ownership type: Corporate
  • Headquarters: Birmingham, Alabama, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: July 2017
  • Founded year: 2008
  • Headcount: 51-200
  • LinkedIn: harris-doyle-homes

Harris Doyle Homes, founded in 2008 and based in Birmingham, Alabama, is a home builder and real estate developer dedicated to creating new homes and developing communities throughout Alabama. With a workforce of approximately 60 employees, the company specializes in offering a variety of home options tailored to meet the needs of families and individuals seeking quality housing. Their projects include a range of communities, such as Palmer Cove and Woodward Oaks, which emphasize affordability and modern living. As a subsidiary of Berkshire Hathaway, Harris Doyle Homes benefits from a strong corporate backing, enhancing its reputation in the industry. The company actively engages with potential homebuyers through various tools and resources, ensuring a supportive homebuying experience.


2. 68 Ventures

  • Website: 68ventures.com
  • Ownership type: Private
  • Headquarters: Daphne, Alabama, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2016
  • Headcount: 11-50
  • LinkedIn: 68-ventures

68 Ventures is a private real estate development and investment firm based in Daphne, Alabama, founded in 2016. The company is dedicated to transforming the Northern Gulf Coast region through a variety of projects, primarily focusing on residential lot development and multifamily housing. With a team of 11 to 50 employees, they have successfully developed over 10,000 lots and built more than 3,400 homes. Their clientele includes homebuyers, investors, and businesses seeking growth opportunities in the area. 68 Ventures also engages in strategic investments across different asset classes, showcasing their adaptability and commitment to fostering economic development in their region. Their philanthropic efforts, including significant land donations and support for local non-profits, reflect their dedication to community enhancement.


3. Crowne Partners Inc.

  • Website: crownepartners.com
  • Ownership type: Family Owned
  • Headquarters: Birmingham, Alabama, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1984
  • Headcount: 201-500
  • LinkedIn: crowne-partners-inc

Crowne Partners Inc. is a family-owned real estate development firm based in Birmingham, Alabama, specializing in luxury multi-family housing and commercial projects. Since its inception in 1984, the company has focused on building and managing high-quality communities that enhance the living experience for residents. With a portfolio that spans 12 states and includes over 50 state-of-the-art communities, Crowne Partners has developed a strong presence in the real estate market. Their approach combines construction expertise with property management, ensuring that the communities they create are not only well-built but also well-maintained over time. The leadership team, comprised of experienced professionals, is dedicated to delivering exceptional results and fostering strong relationships with residents and investors. Crowne Partners aims to create value through thoughtful development and a commitment to quality, making them a notable player in the real estate development industry.


4. The Mitchell Company, LLC


The Mitchell Company, LLC is a real estate development and construction firm based in Mobile, Alabama. Established in 1995, the company has built a reputation for delivering quality residential and commercial projects across the Southeast. Their portfolio includes modular home construction, commercial property management, and apartment management, catering to a wide range of clients from homebuyers to property investors. The company emphasizes a community-focused approach, ensuring that each project considers the needs and desires of its clients. With a dedicated team of professionals, The Mitchell Company oversees every phase of construction, from project conceptualization to final walk-throughs, ensuring high standards of quality and efficiency. Their commitment to customer satisfaction is evident in their meticulous attention to detail and proactive management style. Additionally, The Mitchell Company is known for its philanthropic initiatives, supporting local children's charities and contributing positively to the communities they serve.


5. Legacy Homes

  • Website: legacyhomesal.com
  • Ownership type: Private
  • Headquarters: Huntsville, Alabama, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2013
  • Headcount: 11-50
  • LinkedIn: legacy-homes

Legacy Homes is a residential construction company based in Huntsville, Alabama, founded in 2013. The firm specializes in building new homes, offering a range of designs that prioritize energy efficiency and modern living. With a workforce of approximately 139 employees, Legacy Homes has carved out a niche in the local market, focusing on communities in Huntsville, Athens, and surrounding areas. Their offerings include various home plans, model homes, and self-guided tours, catering to the needs of homebuyers looking for quality and value. The company emphasizes customer experience, providing resources such as a design center and financing information to assist buyers throughout the home purchasing process. Legacy Homes has received recognition for its commitment to quality, evidenced by awards like the 'Best In Business Award.'


6. Capstone Real Estate Investments, LLC


Capstone Real Estate Investments, LLC, based in Birmingham, Alabama, is a family-owned real estate management and development firm established in 2012. The company specializes in student housing and multifamily properties, providing a range of services that include property management, development, and construction. With a workforce of over 240 professionals, Capstone operates in multiple states across the U.S., managing a portfolio that includes 21 assets serving various university markets. The firm employs a value-add renovation strategy, focusing on enhancing existing properties to improve their appeal and functionality. Since its inception, Capstone has executed numerous acquisitions, totaling over $800 million in value, and has developed a reputation for its operational expertise and commitment to creating quality living environments for students and residents alike.


7. Daniel Corporation

  • Website: danielcorp.com
  • Ownership type: Private
  • Headquarters: Birmingham, Alabama, United States (USA)
  • Employee distribution: United States (USA) 90%, Romania 5%, Brazil 5%
  • Founded year: 1964
  • Headcount: 201-500
  • LinkedIn: daniel-corporation

Daniel Corporation, based in Birmingham, Alabama, is a private real estate development and management firm that has been active since 1964. The company specializes in various property types, including multifamily housing, office spaces, retail establishments, hospitality venues, and senior living facilities. With a workforce of approximately 121 employees, Daniel Corporation has made a significant impact in the Southeast and Sunbelt regions of the United States. They have developed or managed over 20,000 multifamily units and 20 million square feet of commercial and industrial space. Their approach emphasizes high-quality living and working environments, focusing on innovative solutions and customer satisfaction. Daniel Corporation operates through its subsidiary, Daniel Realty Services, which provides a comprehensive suite of asset management services, including property management and construction management. Their commitment to quality is recognized by their status as an Accredited Management Organization, reflecting their adherence to industry standards and best practices.


8. LIV Development

  • Website: livdev.com
  • Ownership type: Family Owned
  • Headquarters: Birmingham, Alabama, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2006
  • Headcount: 11-50
  • LinkedIn: liv-development

LIV Development LLC, based in Birmingham, Alabama, is a family-owned real estate development firm that specializes in multifamily communities across the United States. Founded in 2006, the company initially operated as Red Mountain Development before rebranding in 2011. LIV Development focuses on creating vibrant living spaces that foster community engagement and enhance the quality of life for residents. With over 20,000 units developed and in the pipeline, the company has demonstrated a strong commitment to innovative design and meticulous project execution. Their portfolio includes notable projects such as Summerhouse in Lakewood Ranch, FL, and The McCoy in Fort Worth, TX. LIV Development also emphasizes social responsibility through its nonprofit arm, The Goodfield Foundation, which supports community programming and personal wellness initiatives. The company has expanded its footprint with regional offices in key markets, including Tampa, Dallas, Cincinnati, and Charlotte, reflecting its growth strategy in the multifamily housing sector.


9. Murphy Homes Alabama

  • Website: murphyhomesal.com
  • Ownership type: Family Owned
  • Headquarters: Madison, Alabama, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1976
  • Headcount: 11-50
  • LinkedIn: murphyhomesalabama

Murphy Homes Alabama is a family-owned home builder and real estate developer based in Madison, Alabama. Founded in 1976, the company specializes in constructing new homes and developing communities across Northern Alabama. With a workforce of 11 to 50 employees, Murphy Homes focuses on providing customizable home plans and quick move-in options, catering to the needs of individuals and families seeking quality housing solutions. The company is deeply committed to enhancing community living, emphasizing customer satisfaction throughout the home buying process. Their projects span various sought-after locations, ensuring accessibility to local amenities and quality school districts. Murphy Homes also engages in land development, purchasing raw land to create new residential communities, which further solidifies their role in the real estate development industry.


10. Lowder New Homes

  • Website: lowdernewhomes.com
  • Ownership type: Private
  • Headquarters: Montgomery, Alabama, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1956
  • Headcount: 11-50
  • LinkedIn: lowder-new-homes

Lowder New Homes, established in 1956, is a private home builder and real estate developer based in Montgomery, Alabama. The company specializes in constructing new homes across Central Alabama, offering a variety of home plans and communities tailored to meet the needs of homebuyers. With a workforce of 23 employees, Lowder New Homes has maintained a strong commitment to quality and customer satisfaction, as evidenced by numerous positive testimonials from clients. Their portfolio includes several communities in locations such as Montgomery, Pike Road, Prattville, Auburn, and Opelika. The company has built a reputation for its personalized service and flexibility in home design, ensuring that each home meets the specific desires of its buyers. Lowder New Homes continues to play an active role in the local real estate market, contributing to the development of residential properties that cater to families and individuals seeking quality living spaces.


11. Jim Wilson & Associates, LLC


Jim Wilson & Associates, LLC, based in Montgomery, Alabama, is a real estate development firm that has been operational since 1975. The company specializes in a wide range of services, including real estate development, property management, and investment management. With a focus on the Southeastern United States, JWA has successfully developed over 24 million square feet of retail space and has a significant presence in residential and commercial projects. Their portfolio includes notable developments such as shopping centers, office buildings, and master-planned communities. The firm prides itself on its ability to manage projects from inception to completion, ensuring high standards of quality throughout the development process. JWA's commitment to strategic investments and partnerships further enhances its position in the real estate market, making it a key player in the industry.


12. HomeCorp

  • Website: homecorpinc.com
  • Ownership type: Corporate
  • Headquarters: Montgomery, Alabama, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: January 1994
  • Founded year: 1987
  • Headcount: 51-200
  • LinkedIn: homecorp-apartments

HomeCorp, based in Montgomery, Alabama, is a real estate development and property management company that specializes in upscale multi-family housing. Since its inception in 1987, HomeCorp has focused on developing and managing luxury apartment communities across the Southeastern United States. The company prides itself on its ability to create high-quality living spaces that cater to the needs of modern residents. With a portfolio that includes over 8,000 units developed and 25,000 units managed, HomeCorp has built a reputation for excellence in design and craftsmanship. Their projects often feature premium amenities and thoughtful layouts, aimed at enhancing the living experience for residents. HomeCorp's leadership team brings decades of industry experience, which has been instrumental in navigating various market conditions and achieving investment objectives. The company actively seeks to identify and develop in underserved housing markets, showcasing their strategic insight into market trends and demands.


13. The Vantage Group, LLC

  • Website: thevantagegroup.biz
  • Ownership type: Private
  • Headquarters: Fyffe, Alabama, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1971
  • Headcount: 51-200
  • LinkedIn: the-vantage-group-llc

The Vantage Group, LLC, based in Fyffe, Alabama, is a construction and real estate development firm that has been operational since 1971. With a workforce of approximately 42 employees, the company specializes in a range of services including construction, management, and technology solutions. The Vantage Group is particularly focused on affordable housing projects, serving both individuals seeking housing and businesses requiring construction services. Their portfolio includes single-family, multifamily, and senior living projects, often financed through tax credits and HUD programs. The company has developed affordable rental housing in several states, including Alabama, Georgia, South Carolina, and Tennessee. Their commitment to providing quality housing solutions is evident in their long-standing history and extensive experience in the industry.


14. The Builders Group


The Builders Group, established in 2001, is a private home builder located in Tuscaloosa, Alabama. With a team of approximately 26 employees, the company focuses on residential construction, offering new home construction services and developing residential communities. They primarily serve homebuyers in Alabama, emphasizing a customer-centric approach that prioritizes satisfaction and effective communication throughout the building process. The Builders Group has built a reputation for creating homes that reflect the needs and desires of their clients, fostering a sense of community in the neighborhoods they develop. Their portfolio includes a variety of available homes and communities, showcasing their commitment to quality and innovation in residential construction.


15. Tucker Enterprises

  • Website: tucker-enterprises.com
  • Ownership type: Private
  • Headquarters: Marion, Alabama, United States (USA)
  • Employee distribution: Colombia 50%, United States (USA) 50%
  • Founded year: 1950
  • Headcount: 11-50
  • LinkedIn: tucker-enterprises

Tucker Enterprises is a privately held real estate development and property management firm based in Clark, New Jersey. Established in 1950 by Allen Tucker, the company has built a solid reputation over the decades. It specializes in the development, construction, and management of a variety of properties, including residential homes, retail spaces, and industrial facilities. With a portfolio exceeding one million square feet, Tucker Enterprises has demonstrated its expertise in land acquisition, municipal approvals, and comprehensive property management. The company operates an in-house team skilled in all aspects of property management, from repairs and renovations to leasing and accounting. Under the leadership of Aaron Tucker, the company continues to pursue new development opportunities, maintaining a focus on quality and integrity in its projects. Tucker Enterprises also offers property management services to other owners, further expanding its influence in the New Jersey area.


16. Gateway Management Company


Gateway Management Company, operating under The Gateway Companies, is a private real estate development and property management firm based in Birmingham, Alabama. Founded in 1986, the company specializes in affordable multifamily housing, catering to the needs of working Americans. With a portfolio that includes over 100 developed communities and more than 7,000 housing units, Gateway has established a significant presence in the Southeastern United States. The firm not only develops properties but also manages them, providing comprehensive services that include construction management and asset management. Their strategic focus on quality construction and professional oversight has allowed them to build strong relationships with residents, investors, and partners alike. Gateway's commitment to affordable housing positions it well within the current market, where such options are increasingly sought after.


17. Capstone Communities


Capstone Communities is a private real estate development firm based in Birmingham, Alabama, specializing in the management, construction, and development of high-quality student housing and mixed-use town centers. Established in 2012, the company has carved out a niche in the student housing market, providing innovative living solutions that enhance community living and support educational success. Capstone Communities operates across the United States, focusing on creating environments that cater to the needs of students and educational institutions. Their portfolio includes a variety of properties, from cottage-style homes to multifamily units, showcasing their ability to adapt to different market demands. The company prides itself on its core values of family, integrity, focus, autonomy, flexibility, and innovation, which guide their operations and project execution. With a dedicated team and a commitment to quality, Capstone Communities continues to develop and manage properties that meet the evolving needs of their residents.


18. Olympia Construction Inc


Olympia Construction Inc, based in Albertville, Alabama, is a construction and development firm that specializes in affordable housing. Founded in 1989 by Jeff Beaver and Ralph Fullerton, the company has built a reputation for delivering quality projects efficiently and within budget. With a workforce of 32 employees, Olympia Construction has developed a strong presence in the southeastern United States, holding an unlimited general contractor's license in nine states. Their portfolio primarily includes multi-family residential apartment complexes, but they also engage in single-family subdivisions and commercial projects. In response to market demands, they established Olympia Management, Inc. in 2014 to manage their growing portfolio of properties, and Olympia Engineering to provide civil engineering services. In 2020, they launched Olympia Development, LLC, focusing on the comprehensive development of affordable housing, which underscores their commitment to the sector and their ability to adapt to evolving market needs.


19. Truland Homes

  • Website: trulandhomes.com
  • Ownership type: Corporate
  • Headquarters: Spanish Fort, Alabama, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: $100.0M, July 2023
  • Founded year: 2011
  • Headcount: 51-200
  • LinkedIn: truland-homes-inc-

Truland Homes, based in Spanish Fort, Alabama, is a residential construction company that specializes in building new homes across Alabama and Florida. Founded in 2011 by Nathan Cox, the company has quickly become a recognized name in the Gulf Coast region. Truland Homes focuses on delivering quality construction and thoughtful designs that cater to a wide range of home buyers, including first-time buyers and active adults. The company prides itself on providing a seamless home buying experience, supported by a commitment to community development and philanthropy. Truland Homes is particularly dedicated to serving military families, reflecting its roots in military service. In July 2023, the company secured $100 million in funding, which positions it for further growth and expansion in the competitive housing market. With a strong emphasis on customer satisfaction and community involvement, Truland Homes continues to make a significant impact in the residential construction industry.


20. CBI Construction Services


CBI Construction Services, based in Birmingham, Alabama, is a private construction company founded in 2005. Originally established as Cottage Builders, Inc. by Capstone Development Corporation, the firm has evolved into a prominent player in the construction of multifamily, student, and senior housing, along with build-for-rent communities. With a workforce of 51-200 employees, CBI Construction Services emphasizes delivering high-quality projects that cater to the specific needs of developers and the communities they serve. Their operations span multiple states, showcasing their ability to manage a variety of projects while maintaining a strong commitment to safety and innovation. The company prides itself on its mission to construct exceptional projects, build passionate people, and innovate with purpose, striving to exceed client expectations and positively impact the communities they engage with.


21. Jeff Benton Homes


Jeff Benton Homes is a private home builder based in Huntsville, Alabama, with a focus on new residential properties. Established in 1987, the company has built a reputation for delivering quality homes tailored to the needs of buyers in the Huntsville area. They offer a variety of new homes for sale, showcasing detailed information about their communities and the homes themselves, which aids potential buyers in making informed decisions. With a workforce of approximately 33 employees, Jeff Benton Homes operates on a scale that allows for personalized service and attention to detail, which is often appreciated in the home buying process. Their commitment to the local market and ongoing development of residential properties underscores their relevance in the real estate sector.


22. The Morrow Companies

  • Website: morrowcompanies.com
  • Ownership type: Private
  • Headquarters: Tuscaloosa, Alabama, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1961
  • Headcount: 51-200
  • LinkedIn: the-morrow-companies

The Morrow Companies, based in Tuscaloosa, Alabama, is a private real estate development and construction management firm that specializes in multi-family and commercial properties. Established in 1961, the company has built a reputation for its comprehensive services, which range from market analysis and site selection to construction and property management. With a strong emphasis on affordable housing solutions, Morrow Companies has developed and redeveloped over 100 properties, often collaborating with non-profit organizations and government entities to enhance community development. Their commitment to quality and service is reflected in their mission to create thriving communities for individuals, families, and seniors. The company has also been recognized for its achievements in the affordable housing sector, ranking among the top rural developers and management companies nationwide. Their team is dedicated to delivering projects on time and within budget, ensuring that they meet the needs of their clients and the communities they serve.


23. Doug Hollyhand Realty Inc

  • Website: hollyhand.com
  • Ownership type: Family Owned
  • Headquarters: Northport, Alabama, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1972
  • Headcount: 11-50
  • LinkedIn: doug-hollyhand-realty-inc

Doug Hollyhand Realty Inc, based in Northport, Alabama, is a family-owned property management and construction company that has been operating since 1972. The firm specializes in the development of affordable housing, managing multi-family apartment complexes and single-family homes. With a strong emphasis on improving living conditions, the company has been involved in the development and construction of over 9,000 apartment units, utilizing various funding programs, including HUD initiatives and low-income housing tax credits. Their portfolio includes a mix of new developments and rehabilitations, showcasing their ability to adapt to the needs of the community. Doug Hollyhand Realty Inc also engages in general contracting, further solidifying their role in the real estate development sector. The company is committed to providing essential housing services and has a proven track record of successful projects, making it a significant player in the affordable housing market.


24. Capstone Communities


Capstone Communities is a private real estate development firm based in Birmingham, Alabama, specializing in the management, construction, and development of high-quality student housing and multifamily communities. Established in 2012, the company emerged from the restructuring of Capstone Development, which had a long-standing reputation in the student housing sector. Capstone Communities has developed a portfolio of 58 communities, with project costs exceeding $1.8 billion. Their operations span across various states, focusing on innovative living solutions that cater to students, universities, and investors. The company has also expanded into the multifamily sector, particularly in the build-for-rent market, reflecting a proactive response to evolving housing demands. Capstone Communities prides itself on delivering exceptional experiences and fostering community through its developments.


25. Newcastle Homes, Inc.


Newcastle Homes, Inc. is a private home builder based in Pelham, Alabama, specializing in the construction of residential properties primarily in the Birmingham area. Founded in 1997, the company has built a reputation for creating thoughtfully planned communities that cater to the needs of individuals and families looking to build or purchase new homes. With a team of experts dedicated to delivering exceptional quality, Newcastle Homes offers a wide range of customization options, allowing clients to design their dream homes. Their approach emphasizes building personal relationships with clients, ensuring a smooth and satisfying home-building experience. The company operates with a workforce of approximately 39 employees, all based in the United States, and has maintained its relevance in the industry without any reported funding activities.



Real Estate Development Insights: Key Companies in Alabama


CompanyHeadquarterSizeFoundedOwnership
Harris Doyle HomesBirmingham, Alabama, United States (USA)51-2002008Corporate
68 VenturesDaphne, Alabama, United States (USA)11-502016Private
Crowne Partners Inc.Birmingham, Alabama, United States (USA)201-5001984Family Owned
The Mitchell Company, LLCMobile, Alabama, United States (USA)51-2001995Private
Legacy HomesHuntsville, Alabama, United States (USA)11-502013Private
Capstone Real Estate Investments, LLCBirmingham, Alabama, United States (USA)201-5002012Family Owned
Daniel CorporationBirmingham, Alabama, United States (USA)201-5001964Private
LIV DevelopmentBirmingham, Alabama, United States (USA)11-502006Family Owned
Murphy Homes AlabamaMadison, Alabama, United States (USA)11-501976Family Owned
Lowder New HomesMontgomery, Alabama, United States (USA)11-501956Private
Jim Wilson & Associates, LLCMontgomery, Alabama, United States (USA)51-2001975Private
HomeCorpMontgomery, Alabama, United States (USA)51-2001987Corporate
The Vantage Group, LLCFyffe, Alabama, United States (USA)51-2001971Private
The Builders GroupTuscaloosa, Alabama, United States (USA)11-502001Private
Tucker EnterprisesMarion, Alabama, United States (USA)11-501950Private
Gateway Management CompanyBirmingham, Alabama, United States (USA)201-5001986Private
Capstone CommunitiesBirmingham, Alabama, United States (USA)201-5002012Private
Olympia Construction IncAlbertville, Alabama, United States (USA)11-501989Private
Truland HomesSpanish Fort, Alabama, United States (USA)51-2002011Corporate
CBI Construction ServicesBirmingham, Alabama, United States (USA)51-2002005Private
Jeff Benton HomesHuntsville, Alabama, United States (USA)11-501987Private
The Morrow CompaniesTuscaloosa, Alabama, United States (USA)51-2001961Private
Doug Hollyhand Realty IncNorthport, Alabama, United States (USA)11-501972Family Owned
Capstone CommunitiesBirmingham, Alabama, United States (USA)201-5002012Private
Newcastle Homes, Inc.Pelham, Alabama, United States (USA)11-501997Private


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