Land

Lennar Shakes Up Utah Market With Bold St. George Expansion

Lennar is entering the fast-growing St. George market with its new La Spazio community, bringing innovative designs and a strategic approach that could reshape local competition. Here's how Lennar plans to scale, take share, and change the balance of local market power over the next decade.

Land

Lennar Shakes Up Utah Market With Bold St. George Expansion

Lennar is entering the fast-growing St. George market with its new La Spazio community, bringing innovative designs and a strategic approach that could reshape local competition. Here's how Lennar plans to scale, take share, and change the balance of local market power over the next decade.

October 3rd, 2024
Lennar Shakes Up Utah Market  With Bold St. George Expansion
SHARE:
SHARE:

Lennar’s move into Southern Utah with the launch of the La Spazio community in St. George is more than just another market expansion. It reflects the company’s bold and strategic growth ambitions, supported by a deep-rooted culture of leadership development.

For Lennar, building homes isn't just about meeting housing demand — it's become synonymous with operational excellence, leadership values, and strategic foresight, which come together to shift the competitive landscape in local markets. Its latest move into St. George can serve as a classic case study of how a game-changer changes the game — for competitors large and small.

From Receptionist to Division President

Before we dive into the implications of Lennar’s latest expansion, it's worth pausing to appreciate the personal journey of the woman leading the charge: Joy Broddle. Starting with Lennar as a receptionist fresh out of college, she steadily climbed the ranks over the past two decades to become Division President of Lennar’s Las Vegas division in 2015.

When asked about her tenure, Joy comments,

I grew up within Lennar, and I love it. It’s a great company with outstanding leadership and a real vision for the future. It’s appealing to people like me who thrive in that environment.”

This personal story is not just anecdotal — it speaks volumes about Lennar's leadership culture. The company’s focus on developing and empowering its leaders is one of the cornerstones of its success, fueling its current drive for rapid strategic expansion. As Joy leads Lennar’s push into Southern Utah, her career trajectory becomes a metaphor for how Lennar operates: resilient, agile, and relentlessly growth-focused.

Strategic Growth in St. George:

Lennar’s entry into St. George through the La Spazio community is set to kick off a new chapter in the company's western U.S. operations. The first homes in this 98-home community will be up for sale in late November, with construction starting in December. By March 2025, Lennar plans to open the doors to prospective buyers with a grand opening of its model homes.

La Spazio, will offer 98 beautifully designed single and two-story homes within the masterplanned community of Divario, Image Courtesy of Lennar

The La Spazio community is part of the larger Divario master plan. It is designed with a mix of single-story and two-story homes, many featuring Lennar’s signature Next Gen® suites — in sync with multigenerational household formation trends.

We see that Next Gen® has revolutionized home building,” Joy explains, “and it’s something brand new we’re excited to bring into the St. George market.”

With RV garages and other outdoor-focused amenities included, these homes are tailored to fit the lifestyle of the area, where outdoor recreation and family play key roles.

As Joy highlights:

We’ve done extensive research on floor plan design, price point, and home site style. We’re confident that the homes we’re bringing to market will meet the demands of the buyers here, and we’re starting at a price point in the $600,000s that is very competitive for the area.”

Disrupting the Market with Data-Driven Strategy:

One of Lennar’s most compelling advantages in entering new markets is its ability to lean on sophisticated data analytics. This is no shot-in-the-dark expansion – Lennar has mapped out St. George’s population growth, economic drivers, and buyer demographics with precision. As Joy Broddle notes, the local economy — anchored by industries like construction, healthcare, education, and retail — has attracted an influx of families from California and Southern Nevada, making St. George a natural fit for Lennar’s portfolio.

But Lennar’s secret weapon isn’t just knowing where to go; it’s knowing how to build. By blending its standardized Everything’s Included® homes with a highly efficient, even flow production system, Lennar can deliver homes that are thoughtfully designed, fully featured, and ready for move-in without the need for expensive customizations that can slow down the building process. This approach gives Lennar an edge in terms of cost-efficiency and consistency across its communities.

A Holistic Product, Process, and People Approach

Lennar’s formula for success in St. George—and across its many markets — hinges on its holistic approach to homebuilding. A high-level homebuilding strategist who spoke with The Builder’s Daily on background, underscores how companies like Lennar and D.R. Horton are fundamentally shifting the competitive dynamics in the industry.

Lennar and Horton have upped the game,” our strategic executive explains. “They’re using data analytics, market research, and even variable pricing to ensure they hit the right sales and profitability targets. It’s a new level of competition that mid-sized builders aren’t used to. We’ll all have to step it up to survive.”

Joy echoes this:

We don’t build like a traditional homebuilder. We have the systems in place to ensure that our product is tailored to the market and scalable and efficient. Our homes are designed with the local buyer in mind, but they’re also built with a focus on quality and operational efficiency, allowing us to offer more for less.”

Looking Ahead: A Long-Term Play for Growth:

While La Spazio may be the first step, Lennar sees its entry into Southern Utah as a long-term play.

We have a long-term plan for St. George,” Joy notes.

With demand for housing in the region showing no signs of slowing, Lennar’s strategic investment in St. George positions it to be a dominant player in the local market for years to come.

We’re not just building homes — we’re creating communities,” Joy emphasizes. "Lennar’s commitment to the St. George market extends beyond real estate, with plans to hire locally, create jobs, and actively participate in community development."

Lennar’s move into St. George is about more than expanding its footprint—it’s about reshaping the market's competitive dynamics. As one of the nation’s largest homebuilders, Lennar is using its vast resources, sophisticated data systems, and standardized home offerings to set a new benchmark for what it means to enter a new market. And with leaders like Joy Broddle at the helm — who herself embodies Lennar’s culture of resilience and growth — the company is well-positioned to thrive.

For competitors, Lennar’s expansion signals what's emerging as a new era in homebuilding, where operational efficiency, strategic foresight, and a focus on the homebuyer experience are non-negotiables.

ABOUT THE AUTHOR

John McManus

John McManus

President and Founder

John McManus, founder and president of The Builder’s Daily, is an award-winning editorial, programming, and digital content strategist. TBD's purpose is a community capable of constant improvement.

MORE IN Land

Why Renting Is No Longer 2nd Choice For Many Americans

Shifting preferences, flexible lifestyles, and a post-Fed economic landscape are reshaping the American Dream, ... and the housing market for both renters and homebuilders.


Homebuilding Startup Disrupts The Rules Of The Land Game

Homes Built for America, The True Life Companies' new homebuilding unit, is set to disrupt the market by taking on the same industry giants that have long relied on TTLC as a go-to land supplier.


Unlocking The Potential Of Public Space To Connect People

American placemaking guru Teri Slavik-Tsuyuki reviews Vikas Mehta's essential guide to placemaking and its power to spread community well-being.


ABOUT THE AUTHOR

John McManus

John McManus

President and Founder

John McManus, founder and president of The Builder’s Daily, is an award-winning editorial, programming, and digital content strategist. TBD's purpose is a community capable of constant improvement.

MORE IN Land

Why Renting Is No Longer 2nd Choice For Many Americans

Shifting preferences, flexible lifestyles, and a post-Fed economic landscape are reshaping the American Dream, ... and the housing market for both renters and homebuilders.


Homebuilding Startup Disrupts The Rules Of The Land Game

Homes Built for America, The True Life Companies' new homebuilding unit, is set to disrupt the market by taking on the same industry giants that have long relied on TTLC as a go-to land supplier.


Unlocking The Potential Of Public Space To Connect People

American placemaking guru Teri Slavik-Tsuyuki reviews Vikas Mehta's essential guide to placemaking and its power to spread community well-being.