Foundations AUG - SEP by Rochester Area Builders, Inc.

99 North Construction + A&A Electric & Underground, Inc. + AB Systems, Inc. + Abacus Engineering + Abbco Company + ABC Supply Co., Inc. - North Rochester + ABC Supply Co., Inc. - South Rochester + ABC Water Conditioning Service, Inc. + Above All Roofing of Rochester, Inc. + Accord Electric, Inc. + Action Plumbing, Heating & A/C + Adair Electric Company + Adamson Motors + Advanced Builders & Remodeling + Advanced Building Center, Inc. + Advanced Disposal + Advantage Cabinets, Inc. + Aerotek + Ag Services, Inc. + Al Barker Custom Homes, Inc. + Alexander & Sons Builders + All Craft Exteriors, LLC + All Sons' Exteriors, Inc. + Allegra Marketing + Allen Outdoor Solutions, LLC + Allied Building Products, a Division of Beacon Roofing Supply + All-Star Basements + Altra Federal Credit Union + American Engineering Testing, Inc. + American Waterworks + Ames Construction, Inc. + And More By Kori + Andersen Windows, Inc. + Anderson Builders, LLC + Anderson Construction + Appliance Village Company + Arcon Land, LLC + Arrow Building Center + Associated Bank + Athelon Enterprises, LLC + Atlas Insurance Brokers, LLC + B&C Plumbing & Heating, Inc. + Barton Brothers Construction, LLC + Basement Water Control + Batzel Builders, Inc. + BDS Contract Door & Hardware Co. + Beckley's Office Products + Bell Bank Mortgage + Benike Construction + Beyond Kitchens, LLC + Bigelow Homes + Bigelow-Lennon Construction, LLC + Blooming Prairie EDA + Bobcat of Rochester + Bob's Construction, Inc. + Bolton & Menk, Inc. + Brandl Anderson Homes, Inc. + Brandon Henderson's Construction Plus, LLC + Brauer Roofing, Inc. + Braun Intertec Corporation + Brekke Fireplace Shoppe + Bremer Bank + Brennan Companies + Bricewood, LLC + Briese Iron Works, Inc. + Bright Ideas + Brinkman Builders, LLC + Brock White Company + Brooks Excavating Company, Inc. + Bruce Bucknell Construction, Inc. + Budget Blinds + Building Restoration Corporation + Burdick Builders, Inc. + By Design Builders, LLC dba Wausau Homes + Byrne Electric, Inc. + Cachiaras Building & Remodeling + Cambria + CAPS Kitchen & Bath + Carpet One + CarpetsPlus of Rochester + Castlewood Homes, Inc. + Cemstone Supply + Centurion Ridge, LLC + Charlie's Eatery & Pub + Charter Communications / SpectrumReach + Charterpoint Wealth Strategies + Chatfield Lumber Company, Inc. + Chosen Valley Testing, Inc. + Chris Fritsch Custom Homes, LLC + Christian Brothers Cabinets + CHS, Inc. + City of Byron + City of Chatfield + City of Elgin + City of Eyota + City of Kasson + City of Lanesboro + City of Preston + City of Spring Valley + Citywide Insulation, Inc. + Claremont EDA + Clayton Thomas Blinds of Rochester + Clements Chevrolet Cadillac + CliftonLarsonAllen, LLP + Coldwell Banker Burnet + Comfort Air, Inc. + Commercial Leasing Services + Company Name + Completely Clean + Consolidated Communications, Inc. + Construction Partnership, Inc. + Coordinated Business Systems, Ltd. + Cordes Construction + Cornerstone Builders & Real Estate, Inc. + Corporate Web Services, Inc. + Coulee Bank + Counselor Realty of Rochester, Inc. + Country Financial + Countryside Builders, LLC + Craig Swanson Builders, Inc. + Cravath Homes, LLC, dba Accessibility Solutions + Creative Curb Appeal + Creative Hardwood Floors + Crescent Electric Supply Company + CRW architecture + design group, inc. + Culligan of Rochester & Kasson + Curry's Custom Cut Gutter, LLC + Curtin Drywall, Inc. + Custom Alarm / Custom Communications Inc + Custom Homes by Bradley, Inc. + Custom Retaining Walls & Landscaping, Inc. + D2E, LLC + Dakota Supply Group, Inc. + Dale Gathje Construction, Inc. + Dan Severson Builders, Inc. + Data-Smart Computers, Inc. + David Reiland Building Contractor, LLC + DeGeus Tile & Granite + Derby Construction, LLC + Design Studio B + Destination Building Center + Destination Medical Center EDA + DeWitz Home Builders, Inc. + Dickison Builders, LLC + DiNicola & Pestka Appraisals + Distinguished Homes by Mitch Hagen, LLC + DMC Plumbing & Heating, Inc. + Dodge County EDA + Dolan's Landscape Center, Inc. + DoubleTree by Hilton + Duke Aerial, Inc. + Dunham Associates, Inc. + Dunlap & Seeger PA + Dynamic Masonry Products, LLC + Eckert Construction, Inc. + ECSI System Integrators + Edel Construction, LLC + Edina Realty Home Services + Elcor Construction, Inc. + Elcor Realty of Rochester, Inc. + Elias Construction, LLC + Elite Concrete Lifting of Minnesota, LLC + Ellingson Companies + Elsmore Plumbing, LLC + Energy Panel Structures + Energy Products & Design, Inc. + Envirolastech, Inc. + EO Johnson Business Technologies + ERH Developing, Inc. + Expert Insulation, Inc. + Express Employment Professionals + Extreme Panel Technologies, Inc. + EZ Fabricating, Inc. + F&M Community Bank + Fairway Outdoor Advertising, LLC + Family Tradition Flooring + Fat Willy's Bar & Grill + Ferguson Enterprises + Ferguson Truck & Trailer Sales + Fieldstone Family Homes, Inc. + Fillmore County EDA + First Alliance Credit Union + First Choice Homes, LLC + First Security Bank + Ford Metro, Inc. + Foster Construction, Inc. + Foster Klima & Co. + Franklin Energy + Frattalone Companies, Inc. + Gander Plumbing & Heating, Inc. + Gary Kline Roofing, Inc. + Gerhards - The Kitchen & Bath Store + Godwin Dold + Goodin Company + GP Development, Inc. + Grand Meadow EDA + Great River Overhead Door + Green Lawncare Irrigation & Service Co. + Greg Speedling Contracting, Inc. + Greg Wellik Construction + Guaranteed Rate, Inc. + H&H Company of Rochester, LLC + Habitat for Humanity - Rochester Area + Haley Comfort Systems + Hallmark Building Supplies, Inc. + Hamilton Plumbing + Hammer Homes Inc + Hanson Construction & Specialty Cabinets, LLC + Harmony EDA + Harmony Insurance Group + Harris Rochester, Inc. + Hartman Complete Lawncare, LLC + Hayfield Window & Door Company + HDR Architecture + Heartland Security Services LLC + Heartman Insurance + Heartwood Homes of Rochester, Inc. + Hentges Glass Company + HGA Architects and Engineers + Hicks Electric, Inc. + Higgins Custom Cabinetry + High Definition Homes, LLC + Highmark Builders + Hiller's Flooring America + Hirshfield's Decorating Center + Home Federal Savings Bank + Home Improvement Professionals, Inc. + Home Systems Installation, LLC + HomePro Home Inspections, Inc. + Horizon Equipment, LLC + Houston County EDA + Hunt Electric Corporation + Hutch's Custom Cabinets + Hy-Vee Stores + ICC Restoration & Cleaning Services + iHeartMedia + Image Smartz, LLC + Innovative Surfaces, Inc. + Installed Building Solutions II, LLC + IntegraSpec Central/Jeff Mueller Construction + Interiors by J.Curry, LLC + International Brotherhood of Electrical Workers Local 343 + J&M Consulting + J.F. Ahern Company + Jaguar Communications + James Hardie Building Products + Jeff Feece Designs + Jeff Hinkle Custom Homes, Inc. + Jim Whiting Nursery & Garden Center, Inc. + Joe Hartert Builders, LLC + Johnson Printing + JP's Construction Remodeling & Repair, Inc. + K&M Glass Company + K&S Heating, A/C, Plumbing & Electrical + Kahler Hospitality Group + Kariel, Inc. + KENDELL + Kenny Sylvester Construction, LLC + Key Builders, Inc. + Kimley-Horn & Associates, Inc. + KIMT - CBS 3 + King's Flooring, LLC + Kirkland Enterprises, LLC + Kitchens Plus + Knutson Construction Services + KNXR - Minnesota 97.5 FM + Koball's Poured Walls, Inc. + Kramer Contracting, LLC + Kraus-Anderson Construction Company + Kreofsky Building Supplies + Kruger Electric, Inc. + Kruse Lumber + KTTC / KXLT-TV + Kuehn Motor Company, Inc. + Kuntz Electric, Inc. + Kwik Trip, Inc. + Lacina Siding & Windows, Inc. + Laitala Tile Company + Lake City EDA + Larry Newman Drywall + Larson Siding & Windows + LegalShield + Legends Concrete, Inc. + Leitzen Concrete Products, Inc. + Lembke Construction, Inc. + Lewiston EDA + Leyendecker Homebuilders, LLC + Lodermeier's, Inc. + Luxury Bath Remodeling + LVC Companies, Inc. + M.P. Kaye Builders, Inc. + Madery Construction, LLC + Maier Tree & Lawn + Majestic Homes, Inc. + Manufacturer's Bank & Trust + Maplewood Custom Homes + Markham Homes, LLC + Marvin Windows & Doors + Massey Land Surveying & Engineering + Master Builders, Inc. + McGough Construction + MDH, Inc. + MEC Construction, LLC + Med City Builders of Rochester, LLC + Med City Painting & Decorating, Inc. + MedCity Consulting + Meier Companies, Inc. + Menards - South + MEP Associates + Merchants Bank + Merit Contracting, Inc. + Meyer Borgman Johnson, Inc. + Michael Jack, LLC + Michael's Custom Cabinets, Inc. + Midwest Floor Solutions, Inc. + Midwest Walls, LLC + Mike Allen Homes, LLC + Minnesota Building Contractors + Minnesota Energy Resources Corporation + Minnwest Bank + MLT Group + Molin Concrete Products Company + Moneycap, LLC representing Family Heritage Products + Morris Concrete, Inc. + Mortenson + Morton Buildings, Inc. + Mundfrom Builders, Inc. + Norbord + North Risk Partners, C.O. Brown Division + Nuss Truck & Equipment + Obermiller Nelson Engineering + OC Exteriors & Construction + Ohly Law Office + Olmsted County Planning D e p t , Enviro Safety Div + Olmsted County Public Health + Olmsted Medical Center + On Site Companies + ONB Bank + Original Mechanics, Inc. + Otis Custom Homes, LLC + Overhead Door Company of Olmsted County + Paape Energy Services + Pace International + Palmer Soderberg, Inc. + Paramark Corporation + PC Applications Consultants, Inc. + Pearson Builders, Inc. + Pella Windows & Doors + Penz Custom Homes, Inc. + People's Energy Cooperative + Peterson Well Drilling, Inc. + Pine Island EDA + Pine Island Lumber + Pompeii Painting, Inc. + Post-Bulletin Company, LLC + o PowerLift Doors by French Manufacturing, Inc. + Powers Ventures + Prehn Building Sales, Inc. + Premier Bank Rochester + Premier Builders of Rochester, Inc. + Presidio + Prime Time Painting of Rochester, LLC + Priority Construction Services + Pro Image Promotions & Apparel + Quality Overhead Door Company, Inc. + Quality Siding & Window, Inc. + R&M Development Company + R. Fleming Construction, Inc. + R.J. Manemann Custom Homes, Inc. + Radcliffe Homes & Remodeling + Range Custom Homes, LLC + RE/MAX Results + Real Property Appraisals, LLC + Realty Edge Team + Region Millworks, Inc. + Reliable Contractors, Inc. + River City Builders & Millworks, Inc. + Robert Gill Builder, Inc. + Robert Suk Law Office, PLLC + Roberts Hamilton + Rochester Area Appraisals, LLC + Rochester Area Chamber of Commerce + Rochester Area Economic Development, Inc. (RAEDI) + Rochester Area Foundation + Rochester Asphalt & Concrete, Inc. + Rochester Building Safety Department + Rochester Community & Technical College (RCTC) + Rochester Concrete Products, LLC + Rochester Plumbing & Heating/Roto Rooter + Rochester Public Utilities (RPU) + Rochester Public Works + Rochester Ready Mix Concrete Company + Rochester Title & Escrow Company, Inc. + Rochester Towneclub, LLC + Rory's Home Improvement, LLC + RSM US LLP + RSP Architects + Ryan & Grinde, Ltd. + Ryan Companies US, Inc. + Ryan Electric, Inc. + Ryan Windows & Siding, Inc. + Rymark Construction, LLC + S&S Overhead Door, Inc. + S.L. Contracting, Inc. + Sargent's Landscape Nursery, Inc. + Schad Tracy Signs, Inc. + Schluter Systems + Schoeppner, Inc. + Schwab LLC + Schwickert's Tecta America, LLC + Scott Berberich Construction, LLC + Seavey Builders, Inc. + Shanahan Building & Remodeling, LLC + Sherwin Williams Company + Short Elliott Hendrickson Inc. (SEH) + Sign Here, Inc. + Smith Schafer & Associates, Ltd. + Solar Connection, Inc. + Somerby Golf Community + Sorenson's Appliance & TV, Inc. + Southeastern MN Multi-County HRA + Space Concepts, Inc. + Spring Grove EDA + St. Charles EDA + Stadsvold's Lawn & Landscape + Stantec + Sterling State Bank + Steve Gentry Construction, LLC + Stevens Heating, Inc. + Stewartville EDA + Stier Construction, Inc. + Stone Expressions + StoneBridge Builders, LLC + Stonybrook of Rochester, Inc. + Struve's Paint and Decorating + Summit Custom Homes, LLC + Summit Fire Protection Company + Sunbelt Rentals + Superior Mechanical + Superior Water Conditioning + Swenke Ims Contracting, LLC + Synergy Products + Tamarack Materials, Inc. + Thatcher Pools & Spas, Inc. + The Blue Book of Building & Construction + The Boldt Company + The Design Connection + The Home Depot + The Pinske Edge + The Rescued Room + The Urban Studio, LLC + Thiemann Construction, Inc. + Thimijan Custom Homes, LLC + Think Mutual Bank + Thomas Tool & Supply + Thompson's Garage Door and Openers + Tile Superstore & More + TLC Surfaces, LLC + TLS Companies, LLC + Todd Eidem Construction, Inc. + Tom Brogan Heating & Air Conditioning + Tom Kalmes Construction, Inc. + Tonna Mechanical, Inc. + Top Shop of Rochester, Inc. + Total Electric of Rochester, Inc. + Townsquare Media Rochester + Tradesmen International + Traditional Wood Builders + Tri Star Insulation + Tri-State Business Machines + Tri-State Insulated Concrete Forms + TSP Architects & Engineers + Tulip Tree Studios + Turri Crane Service, Inc. + U.S. Bank + United Rentals + Valor Mechanical, Inc. + Val-U-Blinds + Veit Companies + Viking Automatic Sprinkler Company + Viking Electric Supply + Vision Homes + W.L. Hall Company + WA Insurance + Warners' Stellian Appliance Company, Inc. + Waste Management + Weis Builders, Inc. + Welker Custom Homes, Inc. + Wells Concrete + Wells Fargo Bank Minnesota NA + Wells Fargo Home Mortgage East + Wendland Utz + Werner Electric + West Bank + West Concord EDA + WHKS & Company + Widseth Smith Nolting + Wildwood Sports Bar and Grill + Wilson Tibor & Maves, Ltd. + Wintrust Mortgage + Wobig Construction, LLC + Women Communications, LLC + Wright Homes, Inc. + WSB & Associates, Inc. + WT Lighting + XRG Concepts, LLC + Your Home Improvement Company + Zen Custom Homes + Zillgitt Civil Design = RAB

RAB

FORTY

BEL W CONNECTING. BUILDING. ENGAGING.

AU G - S E P

2 01 8 a publication of

F O U N D AT I O N S Rochester Area Builders, Inc.

Letter from The President August 2018,

August has arrived! It has been my pleasure to serve as the President for Rochester Area Builders over the last 8 months. During this time frame, it has shown me how passionate our members are about our organization and the willingness to volunteer and step up without asking any questions. We are excited to finish out the year strong with plenty of activities to go around. Now, what would this letter be without a little personal life! This past weekend, Hallie and I were able to spend Sunday at the Plainview Corn on the Cob Days. For those of you that don’t know, there is free sweet corn served starting at 11:00 until it is gone. Lakeside Foods generously donates the corn and the Lions Club makes sure there is plenty of butter and salt to go around. It is by far the best sweet corn in Southeast Minnesota! It was so much fun that my sweetheart was all tired out from the morning’s festivities only to be awaken by the fire trucks’ sirens at the start of the parade! In addition to a busy summer with the family, we have been busy canning fresh fruits and vegetables on the farm. The favorite recipe for us is my Grandma’s spaghetti sauce recipe. It’s so good, that we somehow canned over 20 pints of sauce for this winter! We tried a first this year as well by preserving fresh peaches, which will be a great treat during the cold winter months! We had the recent pleasure to host a panel of experts from the City of Rochester at our Development Council Meeting this past week. During the discussion, members of the audience were able to ask questions as they saw fit. All the panelists did a great job answering the questions from John Eischen. Most of the discussion was centered around how to get all parties to act more cohesively and how some of the recent and proposed changes would help this effort. Thank you to all the panelists for participating! We should give a big thank you to Levi Kaiser from Benike Construction for representing Rochester Area Builders at the Yearly NAHB Meeting that was held recently. He brought back an update to share with the Board of Directors last Tuesday. It is mind blowing all the work that NAHB is doing behind the scenes to make homes affordable to the consumer. Without their tireless efforts in lobbying at the National Level, we would not be able to provide affordable homes to first time or even second time home buyers. The economy truly revolves around home ownership and without that, we don’t have new home construction loans or even the services that are involved in building homes. If you see Levi around, please give him a big thanks for representing us on the National Level! We would like to see a big turnout for the August Networking Night this month! It will be held right outside of Charlie’s Eatery as they are collaborating with KNXR on August 28th, 2018! Be sure to stop by for a fun filled evening with great food and beverages. Have a great September! Respectfully,

Rochester Area Builders 2018 President 2

FOUNDATIONS August - September 2018

www.RochesterAreaBuilders.com

Reserve Your Booth TODAY!

Index Presidents Letter..................................2 Home Show...........................................3 SEPTEMBER Calendar.........................4 Dale Fagerlind.......................................5 SCRAPBOOK- Networking Night.....6-8 40 Below Chili Challenge................... 9 Fall Showcase & Remodelers Tour ................ 10-11 Sporting Clays..................................12 City of Rochester.............................. 14 MemberZone Q&A.......................16-17 Board Nominations..........................20 NAHB - Eye On Housing........................22 New Member Intro...........................23 Clements Tax Reform Act................. 24 Elliott Eisenberg...............................25 Spring Valley Housing Incentive......26 Real Men Wear Pink........................ 27 NAHB - Eye On Housing........................28 Project Build.....................................30 Foundations Ad Opportunity............ 31

Registration information can be found on our Exhibitors page. Friday, February 8 Saturday, February 9 Sunday, February 10 Event Sponsor

• • •

3:00 PM - 8:00 PM 9:00 AM - 6:00 PM 11:00 AM - 4:00 PM

NAHB Auto Deal................................32 Rochester & Byron Building Permits.....................34 Olmsted Building Permits................35 SEMAR Update.................................35 Membership Update........................36 Build Your Home Tax Free................ 37 Member Rebate Program................38 RAB Goes Mobile.............................39 Information from RAB......................40 NAHB Member Discounts................ 41 RAB Marketing Opportunites...........42

Executive Director/Editor John Eischen Production Shelly Erpelding The Rochester Builders newsletter is the official publication of Rochester Area Builders, Inc. This newsletter is published and distributed monthly to its members and others associated with the building industry. Neither the advertisers, nor RAB will be responsible or liable for misinformation, misprints, typographical errors, etc., herein contained.

108 Elton Hills Lane NW Rochester, MN 55901 Phone: 507-282-7698 www.RochesterAreaBuilders.com

FOUNDATIONS August - September 2018

www.RochesterAreaBuilders.com

Dale Fagerlind - RAB President 1981 - 1982 Our loving husband, brother, father, grandfather, great-grandfather and friend passed away peacefully at his home in Rochester, surrounded by his family on Wednesday, Aug. 8, 2018, at the age of 88. Dale Leroy Fagerlind was born on Dec. 3, 1929, to Melvin and Jennie Fagerlind in Iowa City, Iowa. He graduated from Waterloo (Iowa) East High School, where he played football and baseball, in 1949 and served in the U.S. Army from 1950 until 1952. Dale met his one true love and soul mate, Mary Calvert, in 1955. His sister, Virginia, set them up on a blind date and five months later Dale and Mary were married. They would be celebrating their 63rd wedding anniversary on October 30. Dale and his family moved to Rochester in 1963 and he began his life-long profession as a home builder. In 1975, he founded Fagerlind Construction and worked until he retired at age 75. He served as president of Rochester Area Builders from 1981 to 1982, and as National Director of Rochester Area Builders from 1982 to 1989. He received Recognition of Distinguished Service as President in 1982, and was honored as an Honorary Member in appreciation for outstanding contributions to the Rochester Area Builders, Inc., in 2003.

www.RochesterAreaBuilders.com

Dale is survived by his wife, Mary; sons, Ken (Char) Fagerlind of Rochester, Dan (Traci) Fagerlind of Dover, and Tim (Jennifer) Fagerlind of Kasson; daughters, Linda (Dennis) Haakenson of Pine Island, Becky (Dan) Swartz of Rochester, and Pam (Jim) Engels of Owatonna. He is also survived by 12 grandchildren, Christopher (Kate) Fagerlind, Rochester; Carl Haakenson, Rochester; Kari (Brad) Rain, Pine Island; Kelly (Rodney) Davis, La Crescent; Kerstin (Brandon) Goranson, Mazeppa; Christy Haakenson, Richfield; Brian (Heather Kraling) Donaldson, Rochester; Eric (Erin) Sime, Waseca; Jacob (Chayene Anguita) Sime, Ramstein, Rheinland-Pfalz, Germany; Kyle Fagerlind, Dover; and Elizabeth and Eric Fagerlind, Kasson; as well as six step-grandchildren, Carmen (Tim) Kubista, Lakeville; Missy (Jason Feldman) Hendrickson, Rochester; Erick (Christy) Engels, Meridian; Amber (Ted Ireland) Engels, Spirit Lake, Iowa; Katie Tangen, Rochester; and Travis Holmes, Dover. Dale is also survived by 13 great-grandchildren and 15 step-great-grandchildren; one sister, Virginia (Jerry) Holbach of Gilbertville, Iowa; and many nieces, nephews and cousins. He is preceded in death by his parents; two brothers, Carl and Howard Fagerlind; three sisters, Thelma Egner, Ruth Klaus and Edna Mae Fagerlind; and one stepgrandson, Alex Engles. Dale and Mary enjoyed escaping the Minnesota winters and being snowbirds in Texas. Dale was a member of Christ Lutheran Church in Rochester and enjoyed being outdoors and spending time with his family. He loved to attend stock car races, in particular to watch many family members race. He also loved fishing trips to Canada, bowling, traveling, camping with family and friends, playing 500, and being able to watch his children’s and grandchildren’s activities. Dale’s family wishes to express its gratitude to Lexi Biedermann, Seasons Hospice and Mayo Clinic’s Palliative Care Homebound Program, for outstanding care and compassion. Memorials will be divided among local charities. Visitation will be at noon on Saturday, Aug. 11, at Macken Funeral Home in Rochester. A celebration of Dale’s life will follow, at 1 p.m. Saturday, also at Macken Funeral Home. Burial will be at Grandview Memorial Gardens, 1300 Marion Rd. SE, Rochester. The loved one of our life is now gone, but will never be forgotten or unloved. Rest in Peace, Dear One. FOUNDATIONS August - September 2018

JULY MEMBER APPRECIATION NIGHT What a fantastic turnout for Member Appreciation Night! We had over 160 people, including Honorary Members and lots of new faces. Thank you to the Dâ&#x20AC;&#x2122;Sievers for providing great music and the Honker for amazing food and service. A special thank you to our appetizer sponsor, Post-Bulletin, and beverage sponsor, Home Federal.

FOUNDATIONS August - September 2018

www.RochesterAreaBuilders.com

FOUNDATIONS August - September 2018

AUGUST NETWORKING NIGHT Tuesday, August 28th 4:30-6:30pm 1654 US-52, Rochester

Hosted by:

Join us outside of Minnesota 97.5 & Charlie’s Eatery & Pub for networking, hors d’oeuvres and refreshments! It will be a great evening to establish new relationships within RAB and stay connected with current ones. We look forward to seeing you there! 8

FOUNDATIONS August - September 2018

www.RochesterAreaBuilders.com

40 Below Chili CookkOff! 40 Below will be participating in Boys & Girls Club Chili Challenge on September 27th. To determine which chili to make we are having our own Chili Cook-Off among 40 Below members! If you have a good recipe we would love for you to enter your chili! We cover the costs for the winning recipe and help make it in a commercial kitchen on the 27th for the Chili Challenge on the Peace Plaza. For more details click HERE! Not skilled in the kitchen or just don't have a chili recipe? Come anyway to try them all and vote on your favorite!

www.RochesterAreaBuilders.com

FOUNDATIONS August - September 2018

DATES AND TIMES FOR THE 2018 FALL SHOWCASE OF HOMES Friday, Sept. 21 Signs to be Picked Up 8:00 AM – 4:00 PM Saturday, Sept. 22 Entries Open to Public 11:00 AM – 5:00 PM Sunday, Sept. 23 Entries Open to Public 11:00 AM – 5:00 PM Saturday, Sept. 29 Entries Open to Public 11:00 AM – 5:00 PM Sunday, Sept. 30 Entries Open to Public 11:00 AM – 5:00 PM Monday, Oct. 1 Signs to be Returned 8:00 AM – 5:00 PM

SHOWCASE ENTRIES Ames Construction, Inc. Somerby Golf Community (975 Somerby Pkwy NE) Development

Arcon Land, LLC

The Summit at Summit Pointe (65th St NW & 50th Ave) Development

Bigelow Homes

Hawk Ridge (2706 Hawk Ridge Ct SE) Single Townhome Unit

Bigelow Homes

Ridgeview Manor (5510 Ridgeview Dr NW) Single Family Home

Northern Heights North (2206 Glady Ln NE) Single Family Home

Countryside Builders, LLC Stonehedge Townhomes (2304 Nickel Rd NE) Single Townhome Unit

Countryside Builders, LLC Stonehedge Townhomes (2381 Nickel Rd NE) Single Townhome Unit

Derby Construction, LLC None (4279 Marion Rd SE) Single Family Home

Distinguished Homes by Mitch Hagen, LLC Fieldstone (2467 Woodstone Lane SW) Single Family Home

Distinguished Homes by Mitch Hagen, LLC

Fieldstone (2374 Woodstone Ln SW) Single Townhome Unit

H&H Company of Rochester, LLC Summit Pointe (6436 Summit Pine Rd NW) Single Family Home

Bigelow Homes

Derby Construction, LLC

Leyendecker Homebuilders, LLC

None (5045 - 4th St NW) Single Family Home

Morris Hills (3939 Stone Point Dr NE) Single Family Home

Bigelow Homes

Derby Construction, LLC

M.P. Kaye Builders, Inc.

None (8649 County Rd 6 SW) Single Family Home

Cassidy Ridge (4159 Stone Point Dr NE) Single Family Home

Bigelow-Lennon Construction, LLC

Derby Construction, LLC

Maplewood Custom Homes

Zumbro Haven (757 Zumbro Oaks Ln Single Family Home

Fieldstone (3283 Coneflower Ln SW) Single Family Home

Derby Construction, LLC

MDH, Inc.

None (12304 County Rd 129 SE, Eyota) Single Family Home

Fox Hill Villas (1023 Fox Hill Ln SW) Single Townhome Unit

DeWitz Home Builders, Inc.

Med City Builders of Rochester, LLC

Somerby (1028 Southwell Enclave NE) Single Family Home Somerby (644 Shardlow Pl NE) Single Townhome Unit

Ridgeview Manor (6274 - 55th Ave NW) Single Family Home

Centurion Ridge, LLC Centurion Ridge (2235 Centurion Ct NE) Single Townhome Unit

Countryside Builders, LLC Hundred Acre Woods (2425 Sand Trap Ln SE) Single Family Home 10

Countryside Builders, LLC

FOUNDATIONS August - September 2018

Pebble Creek (6043 - 51st St NW) Development

Shannon Oaks (3240 Scanlan Ln NE) Single Family Home

www.RochesterAreaBuilders.com

DATES AND TIMES FOR THE 2017 REMODELERS TOUR Friday, Sept. 21 Signs to be Picked Up 8:00 AM – 4:00 PM Saturday, Sept. 22 Entries Open to Public 11:00 AM – 5:00 PM Sunday, Sept. 23 Entries Open to Public 11:00 AM – 5:00 PM Monday, Sept. 24 Signs to be Returned 8:00 AM – 5:00 PM

Remodelers

ADMISSION IS FREE! SHOWCASE ENTRIES Meier Companies, Inc.

River Bend (1468 Riverwood Ct SW, Oronoco) Single Family Home

Meier Companies, Inc.

River Bend (Riverwood Ct SW, Oronoco) Development

Mike Allen Homes, LLC Mayo Woodlands (4156 Galena Ln SW) Single Family Home

R&M Development Company Millie Meadow Estates (40th St SW & 55th Ave SW) Development

R. Fleming Construction, Inc. Century Valley (Century Ridge Rd NE) Development

R. Fleming Construction, Inc. Century Valley (3148 Century Ridge Rd NE) Single Family Home

R. Fleming Construction, Inc. Highlands at Hundred Acre Woods (2574 Sand Trap Rd SE) Single Family Home

R.J. Manemann Custom Homes, Inc. Scenic Oaks (2395 Scenic Park Pl SW) Single Family Home

Radcliffe Homes & Remodeling Peterson (Petersen Ct NW) Development

www.RochesterAreaBuilders.com

TOUR ENTRIES

Radcliffe Homes & Remodeling Tyrol Hills (35 Tyrol Ln SE) Single Family Home

Range Custom Homes, LLC Windemere Woods (2742 Sherburn Ln SW) Single Family Home

Robert Gill Builder, Inc.

Somerby (840 Somerby Pkwy NE) Single Townhome Unit

Rochester Towneclub, LLC Prairie Crossing (6643 Clarkia Dr NW) Development Rymark Construction, LLC Scenic Oaks (4887 Winston Ln SW) Single Townhome Unit Seavey Builders, Inc.

Mike Allen Homes, Inc.

3698 SW Mayo Lake Rd Basement Finish

Beyond Kitchens, LLC

5824 Heather Dr SW Kitchen

Bricewood, LLC

6744 Zumbro Hylands Ln NW Kitchen

Design Studio B

1123 8th St SW Main Floor

Interiors by J.Curry, LLC

1011 1st St NW Whole House

Elias Construction, LLC

510 Chalet Dr NE Kitchen/Main Floor

Elias Construction, LLC

6369 Granite Dr NW Lower Level Finish

Windamere Woods (2868 Sherburn Ln SW) Single Family Home

Master Builders, Inc.

StoneBridge Builders, LLC

River Park (546 River Park Rd SE) Single Family Home

Thimijan Custom Homes, LLC Fieldstone (2479 Fieldstone Rd SW) Single Family Home

2735 Fairview Ct SE Addition & Deck

Master Builders, Inc.

2105 Baihly Summit Dr SW 3 Season Addition & Deck

Stier Construction, Inc.

1306 Edenborough Ln NW Kitchen, Laundry, Living & Dining Room

Zen Custom Homes

3061 Thaddeus Rd SW Lower Level Finish

Wright Homes, Inc.

Crimson Ridge (1859 Alder Ln NW) Single Townhome Unit

Remodelers Tour Sponsored By: FOUNDATIONS August - September 2018

E N O M A TE T F E L

FOUNDATIONS August - September 2018

www.RochesterAreaBuilders.com

39th Annual

REACH OVER 450,000 READERS IN PRINT AND ONLINE

2018

Two Shows, One Great Guide The 2018 Fall Showcase of Homes and the Remodelers Home Tour 2018 special section will be a 2-sided “flip” book and will have complete listings and map for both tours. Reach over 450,000 readers in print and online. Guides will be inserted in the Post-Bulletin on Thursday, Sept. 20, 2018, plus your ad will have a print to SEO presence including one month in our directory. 1,500 guides will be available at each Fall Showcase and Remodelers Tour home or home sites as well as at the Rochester Area Builders’ office.

PUBLICATION DATE: Thursday, September 20, 2018 DEADLINE: Friday, August 31, 2018 Fall Showcase Weekends: September 22-23 & 29-30 Remodeler Tour Weekend: September 22 & 23

INVESTMENT Eighth Page (4.25" x 2.66") ...................$520 Quarter Page (4.25" x 5.44") ..................$770 Half Page Vertical (4.25" x 11") .................$970 Half Page Horizontal (8.611" x 5.44") ..........$970 Full Page (8.611" x 11") ..................... $1220 COLOR One Color ........................................$100 Full Color.........................................$250

Great deals for representation on both sides of the book! Ask for details!

For more information, contact Lisa Schell at 507-281-7466 or lschell@postbulletin.com or your friendly Post-Bulletin Media Representative.

www.RochesterAreaBuilders.com

FOUNDATIONS August - September 2018

CONSTRUCTION STORMWATER PERMIT TOP 5

For more information contact: Aaron Cunningham City of Rochester Public Works Department 507-696-3887 or 507-328-2446 acunningham@rochestermn.gov www.rochesterstormwater.com

FOUNDATIONS August - September 2018

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Big Plans?

Let â&#x20AC;&#x2122;s get started!

ZERO

CLOSING

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Contact a Premier Banker for details Downtown Green Meadows North Broadway 37th St & N. Broadway 507.285.3700 507.285.3820 507.285.3223 507.285.3800 Offer available at Premier Bank Rochester locations only. Loan to value must be 80% or less. Minimum loan amount $10,000. Maximum loan amount of $100,000. Loans over $100,000 will require borrower to pay closing costs ranging from $0-$10,000 depending upon loan amount. Interest payments are due monthly with all outstanding principal due at maturity, which will result in a balloon payment at maturity. There is an annual maintenance fee of $25. The interest rate is a variable rate of interest tied to the Wall Street Journal Prime Rate, with a minimum Annual Percentage Rate (APR) of 4% and maximum (APR) of 21.75%. Not applicable to existing loans. Available for a limited time only and may be withdrawn at the bankâ&#x20AC;&#x2122;s discretion. NMLS# 411469.

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FOUNDATIONS August - September 2018

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FOUNDATIONS August - September 2018

2018

BigWeekends

Two

September 22-23 & 29-30, 2018 From 11:00 am to 5:00 pm

Free Admission

PRESENTED BY

For more information visit RochesterAreaBuilders.com 2018

One WeekendOnly September 22-23, 2018 From 11:00 am to 5:00 pm

Free Admission PRESENTED BY

FOUNDATIONS August - September 2018

SPONSORED BY

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Extend your brand to those who matter most.

Advertising in the 2019 Rochester Area Builders Membership Directory is now underway!

The Membership Directory is an indispensable tool for all members. Don’t miss out on an entire year’s advertising to members and the opportunity to stand out from your competitors by advertising or enhancing your company’s listing! Establish an Image: When it comes to advertising and promoting your business, image counts. Be seen in the right places at the right time, by the right people. Value: Grab this opportunity to build relationships with existing and prospective clients and grow your business.

Advertising rAtes: Premium Ad spots

B&W

Color

Back Cover

N/A

$1,199

Inside Front/Back Cover

N/A

$999

Facing Page to Inside Covers

N/A

$899

Full Divider Page

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$799

1/2 Divider Page

N/A

$599

Additional Ad spots

B&W

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$699

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1/2 Page

$549

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1/4 Page

$449

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Business Card

$349

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Enhanced Listing*

Price

Longevity: Your ad will be placed in this invaluable resource offering year-round exposure, referred to time-and-time again.

Space Reservation Form

Fax to 952-448-9928 Reply to Email or Sign up Online

www.emconsultinginc.com/adreservation/RAB Please fill/type out information below and include ad size from table at left. E&M will send you the required ad contract, along with ad creation information.

Company: _______________________ Contact: ________________________ Phone: _________________________ Fax: ____________________________

Boxed Listing

$69

Email: __________________________

Shaded Box Listing

$99

Boxed Listing with Logo

$119

Ad Size: _____________

Boxed Listing with Logo & 50 word bio

$169

*To participate, you must be an active member with the association/chamber at the time the publication prints. If you are not an active member, you authorize E&M to create an ad (if you don’t have one already), run an ad in the marketplace section or provide a digital link in replacement of the enhanced listing.

5.5” x 8.5” Publication

Color

B&W

If you have any questions or to reserve ad space, please contact your E&M representative Rob at rob@emconsultinginc.com at 800-572-0011 or 507-216-6320.

Need help designing your advertisement? Our Award-Winning graphics team can help!

B. Card Full Page

1/2 Page

Yes, please have a designer contact me. No, I will submit our own artwork.

1/4 Page

To opt-out of future communications, please contact 952-222-0965, fax 952-448-9928, or email emconsulting.optouts@gmail.com (please include your company name and the title of the publication) Such requests will be honored within a reasonable time from the date of the request. www.RochesterAreaBuilders.com

FOUNDATIONS August - September 2018

The Nominating Committee will be contacting members about placing their name in nomination for Board positions for 2018. Board members can serve two terms of two years each. Five builder directors and two associate directors will have either their 1st or 2nd term expiring and they are noted with an asterisk *: Current Board members and their status for 2018 Builders * * * * *

Luke Stier Spenser Holmen Tom Leimer Mickey Elias Mike Allen Kevin Sternberg Brian Sheehan

1st year of 1st term 2nd year of 1st term 1st year of 1st Term 2nd year of 2nd term 2nd year of 2nd term 2nd year of 1st term moving to Past President

Associates *

Leslie McGillivray-Rivas Alissa Moe Jesse Buhl year term) Frank Streit Joe Langel * Jerry Jensen

2nd year of 1st term 1st year of 1st term 2018 Past President

(this seat is a one

1st year of 2nd Term 1st Year of 1st Term 2nd year of 1st term

If you are interested in participating on the Board of Directors or would like to suggest another member, please contact John Eischen at the RAB office 282-7698 or Brain Sheehan, Weis Builders/2018 RAB President at 288-2041. Nominations will also be taken from the floor at the September General Membership Meeting.

FOUNDATIONS August - September 2018

www.RochesterAreaBuilders.com

MARKETING

DOESN'T

NEED TO

BE A

MAZE.

TulipTree-Studios.com

www.RochesterAreaBuilders.com

507.218.8401

FOUNDATIONS August - September 2018

Single-Family Built-for-Rent Housing Expands BY ROBERT DIETZ on AUGUST 21, 2018 The number of single-family homes built-for-rent increased over the last four quarters. During this time period, construction starts of this type of housing totaled 42,000 homes, compared to 29,000 for the prior four quarters. There were 13,000 single-family built-for-rent starts for the second quarter of 2018. According to data from the Census Bureauâ&#x20AC;&#x2122;s Quarterly Starts and Completions by Purpose and Design and NAHB analysis, the market share of single-family homes built-for-rent, as measured on a one-year moving average, stood at 4.7% of single-family starts as of the second quarter of 2018. Given the small size of the market segment, the quarter-to-quarter movements are not typically statistically significant. The current market share remains higher than the recent historical average of 2.7% (1992-2012) but is down from the 5.8% reading registered at the start of 2013. This class of single-family construction excludes homes that are sold to another party for rental purposes. It only includes homes built and held for rental purposes. With the onset of the Great Recession and declines in the homeownership rate, the share of built-for-rent homes rose. Despite the current elevated market concentration, the total number of single-family starts built-for-rent remains low in terms of the total size of the building market. Of course, the built-for-rent share of single-family homes is considerably smaller than the single-family home portion of the rental housing stock, which is 35% according to the 2015 American Community Survey. As homes age, they are more likely to be rented. Thus, the primary source of single-family rental homes is not construction but the existing housing stock. In fact, from 2005 to 2015, 56% of the gains in the rental housing stock were due to increases of for-rent single-family homes. 22

FOUNDATIONS August - September 2018

www.RochesterAreaBuilders.com

WELCOME NEW MEMBERS Our New Member page is a monthly newsletter contribution which provides an opportunity to our new members to introduce themselves to the Association. If you are a new member in 2018 and would like to submit information for a future publication, please email Rebekah or Shelly for more information. Also, as a member of Rochester Area Builders, you have an opportunity to join one of our many Councils/ Committees. It is a great way to get involved and learn more about the Association you are part of. COUNCILS RAB

FORTY

BELoW

Country Financial -Reid Bruns - Insurance and Financial company 2001 2nd St. SW Suite 150 Rochester, MN 55902 Products or service provided: Home, Auto, Life, Farm and Business Insurance along with many other products. Country financial also does retirement planning and investing. (IRA’s, 401K’s, Mutual Funds and more.) How long has company been in business? since 1925. How long have you been at this company? 2 years

CONNECTING. BUILDING. ENGAGING.

D C

DEVELOPMENT COUNCIL a division of the Rochester Area Builders, Inc.

COMMITTEES • Ambassadors Club

• Marketing

• Builders Home Show

• Membership & Retention

• Community Relations

• Program

• Dispute Resolution

• Remodelers Tour

• Education

• Showcase

• Fashion Show

• Spike Club

• Golf Outing

• Sporting Clay Shoot

I heard about RAB through friends who are members we joined because we like to be involved with the community and we can help just about everyone being were in the insurance and Financial business. Involvement with other Organizations: we are involved with Rochester Area Chamber of Commerce (Ambassador), Interconnection (a Networking an Volunteering Group), Boys and Girls Club and many other Non-Profits.

• Government Affairs • Green Building

Rebekah Nielsen

Membership & Education Director

www.RochesterAreaBuilders.com

Sponsor Rochester Area Builders’ 500th member, and win a $500 prize!

FOUNDATIONS August - September 2018

WHAT YOU NEED TO KNOW ABOUT THE 2018 TAX REFORM ACT The tax reform bill signed into law in December 2017 changes tax incentives for 2018. Specifically, tax reform expands “bonus depreciation” to allow small businesses and Fleet customers to deduct 100% of the cost of qualifying property placed in service in 2018, including certain vehicles (generally vans and larger trucks and SUVs). The section 179 deduction is still available, but is subject to a $25,000 per-vehicle limitation for many GM SUVs, crossovers and pickup trucks. Also, passenger automobiles (i.e., sedans, coupes, and SUVs/crossovers/trucks weighing 6000lbs or less) are still subject to per-vehicle limitations on total depreciation (section 179 plus bonus depreciation) deductions ($18,000 for both cars and trucks placed in service in 2018). Given the changes in the tax laws, bonus depreciation now provides the greatest benefit to customers purchasing trucks and vans for business use. Although section 179 and its per-vehicle limit still technically apply, they do not affect customers’ ability to immediately deduct 100% of the cost of certain vehicles. In summary: •

Car deductions have gone from $11,160 to up to $18,000

•

SUVs/Crossovers/Pickups up to 14,000 GVWR went from up to $25,000 with an aggregate limit of $510,000 to immediate expensing of 100% of purchase price

•

Cargo Vans and HD trucks have gone from 100% of purchase price WITH an aggregate limit of $510,000 to 100% of purchase price WITH NO aggregate limit ** CLEMENTS COMMERCIAL VEHICLE HEADQUARTERS RECOMMENDS CONSULTING WITH YOUR CPA OR TAX PREPARER TO DETERMINE HOW THIS TAX INCENTIVE CHANGE WILL IMPACT YOUR BUSINESS. THIS ARTICLE IS FOR INFORMATIONAL PURPOSES ONLY AND NOT INTENDED TO OFFER TAX ADVICE.

Tom Dunford Commercial Sales Specialist 507-951-4080 tdunford@clementsauto.com

FOUNDATIONS August - September 2018

Dale Covington Commercial Sales Specialist 507-298-5211 dcovington@clementsauto.com

www.RochesterAreaBuilders.com

The Economy Through 2018: Finally Behaving Well! Elliot Eisenberg, Ph.D

he US economy is, at present, growing very rapidly, and 2018 is shaping up to be the best year for economic growth since 2006. As a result, the Federal Reserve is a lock to raise rates by a quarter-point in September, and there is at least a 70% chance that they will do so again in December to cool down growth and prevent inflation from taking hold. But plenty can go wrong with this forecast. Contagion from an emerging market or financial crisis is always possible, but the biggest immediate threat comes from the rapidly escalating trade-war we are in. The most likely outcome of rising trade tariffs is a premature pause in the current interest rate rising cycle. This is because a trade war will cause business demand for physical plant, equipment, and employees to contract due to heightened economic uncertainty. Trade wars will also cause consumer demand to lessen due to rising unemployment, higher prices, and falling consumer confidence, exacerbated by a decline in equity values. While such a slowdown would not be expected to be that large, it would still slow GDP growth and interest rate increases. If, however, the hit to GDP is bigger than anticipated, because the quantity of imported goods facing steep tariffs rises substantially, rates could be reduced to ward off a possible recession. That would only occur if other factors came into play, as the current $50 billion

www.RochesterAreaBuilders.com

in products facing tariffs along with any retaliatory actions by other nations is not nearly large enough to meaningfully reduce GDP, let alone drive us into recession. The bigger fear is that a trade war has the opposite effect on monetary policy and forces the Fed to raise interest rates. If this occurs, it would be very destructive to both Main Street and Wall Street. For this to happen, the economy would need to experience a series of strong negative supply shocks. It might happen like this: global trade conflicts quickly escalate, significantly driving up the cost of many imported goods as well as domestically-produced substitutes. This sudden rise in prices would raise production costs, which would, in turn, lead to inflation and a rise in the dollar and unemployment as exports decline and policy uncertainty rises. Worse, the rise in inflation could cause long-term inflation expectations to not only rise but also become somewhat permanently embedded in markets, such that higher inflation expectations persist even after the economy returns to normal. This is precisely what happened in the late 1960s and eventually led to 20% interest rates in the late 1970s and early 1980s. With this history still quite fresh in the institutional memory of the Federal Reserve, policy makers would be expected to respond to such a situation by raising interest

rates to wring out any permanent rise in inflation expectations. This is precisely what was done in the early 1980s by then Fed Chairman Paul Volker. Of course, this rise in rates would slow growth and weaken the economy even more. While the chances of seeing rates rise to ward off a rise in inflation expectations is highly unlikely, it is a worst case-scenario for both the economy and financial markets. This is because it offers a combination of faster inflation, weaker growth, and tighter monetary policy. My baseline is that the impacts of rising tariffs and protectionism are too limited to meaningfully alter the course of monetary policy. But, in the fog of (a trade) war, things inevitably go awry -- just think of Harley-Davidsonâ&#x20AC;&#x2122;s unexpected decision to shift to offshore manufacturing -- and adversaries respond in ways not anticipated; be prepared.

Elliot Eisenberg, Ph.D. is President of GraphsandLaughs, LLC and can be reached at

Elliot@graphsandlaughs.net. His daily 70-word economics and policy blog can be seen at www.econ70.com.

FOUNDATIONS August - September 2018

Page 1 of 3

CITY OF SPRING VALLEY, MINNESOTA ECONOMIC DEVELOPMENT AUTHORITY

“Jump-Start” Housing Incentive Program New Construction PURPOSE: The purpose of this program is to act as a catalyst for the purchase of new or spec homes within the corporate city limits of Spring Valley. Townhomes and homes moved onto vacant lots qualify for this incentive. The Economic Development Authority (SV-EDA) is committed to satisfying the housing needs of Spring Valley. The SV-EDA realizes that adequate housing is a necessary tool to help foster a successful and growing community. PROGRAM INCENTIVE TOTALS $5,000 1. Applicants shall receive $1,500.00 in Spring Valley Dollars, a $500.00 certificate to the Spring Valley Green House and Floral for two trees and landscaping, $3,000 of City and Utility permit fees waived. 2. The $1,500 is paid to the applicant in Spring Valley Dollars as an incentive for buying a spec home, or building a single- family home or townhome in the City of Spring Valley. Homes moved onto City of Spring Valley lots within city limits qualify for the $1,500 in Spring Valley dollars. ELIGIBLE APPLICANTS 1. Eligible applicants include any individual or a family who builds a “new” home within the corporate limits of Spring Valley for the purposes of making it their primary residence. For the purposes of this program, “new home” means any single-family dwelling, including townhomes, (not including “mobile” homes) built after the date of adoption of this program. “Spec” homes which have not yet been lived in or homesteaded may be included as an eligible site in this program. Homes moved onto City of Spring Valley lots qualify for the incentive. APPLICATIONS included in this information sheet. PROGRAM DESCRIPTION 1. Interested parties shall obtain an application form from City Hall, 201 South Broadway, Spring Valley, MN 55975. Complete the application and return it to the same address. 2. All applicants shall have control of the subject property (i.e. a signed purchase agreement) prior to submitting an application, applicants must submit an application for the incentive prior to closing on their new construction home. 3. For New Construction: All applicants shall submit detailed construction drawings of the proposed home with their building application. All construction shall require a building permit from the city and be completed in compliance with local zoning and the State Building Code. 4. New houses must be a minimum of 1,000 square feet of livable space in size. Garages are optional and may be attached or detached. 5. Applications for newly constructed homes must specify the estimated cost of construction. 6. Once the house is completed, the transaction has been closed, and homeownership has been verified (HUD Statement) that the applicant has indeed made the new home his or her primary residence, the Spring Valley Economic Development Authority shall issue the incentive to the homeowner. Applicants will be responsible to provide the SVEDA with a copy of closing documents to show proof of ownership 7. The Spring Valley EDA reserves the right to reject any and all applications for any reason, specified or unspecified. 8. The Spring Valley EDA will award up to a maximum of three (3) applications for housing incentives, and up to two (2), $400 early bird Rochester Area Builder’s Spring Show case entries.

Click here for the full document (Guidelines & Application) 26

FOUNDATIONS August - September 2018

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2018 Real Men Wear Pink Sponsorship Breast cancer doesn’t just affect women. Thousands of men are diagnosed with the disease in the U.S. every year; and so are more than 266,100 of their daughters, wives, mothers, sisters, and friends. It’s the most diagnosed cancer for women and that’s why we’re recruiting men to fight breast cancer through the Real Men Wear Pink (RMWP) campaign. The RMWP campaign raises awareness and specifically breast cancer research funds for the American Cancer Society. We are seeking an exclusive sponsor to help promote this campaign. This is a unique opportunity that offers flexibility for the sponsor to maximize their brand, while partnering on a great campaign. We’ve made tremendous strides in the fight on breast cancer. Less than three percent of women now die from breast cancer, however, the rate of diagnoses is on the rise. There is still more work to do. Please join us in this fight to rid the world of breast cancer.

$5,000 Sponsorship Opportunity - Exclusive • Name and logo on all Real Men Wear Pink campaign materials (banners, posters, etc.) • Recognition on American Cancer Society social media • Recognition on television, radio and print media • Recognition at campaign kickoff and wrap up event • Recognition at the Hope Lodge Gala – Saturday, October 27, 2018 o 8 tickets to Gala and After-Party (one table) o Recognition in event program as RMWP sponsor • Opportunity to present company perspective and promote product For more information please contact: Elizabeth Harris elizabeth.harris@cancer.org 507.424.4615

cancer.org | 1.800.227.2345 www.RochesterAreaBuilders.com

FOUNDATIONS August - September 2018

Townhouse Construction Surges BY ROBERT DIETZ on AUGUST 16, 2018 According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, townhouse construction posted significant gains during the second quarter of 2018. Townhouse construction is set for further expansion given the demographics of renters entering the for-sale market, as well as ongoing land constraints and the growth of demand for walkable neighborhoods. Over the last four quarters (ending with the second quarter of 2018), townhouse starts totaled 116,000, 23% higher than the prior four quarters. Townhouses, or single-family attached housing, accounted for 36,000 starts during the second quarter of 2018 (compared to 25,000 in the second quarter of 2017). Using a one-year moving average, the market share of new townhouses stands at 13.1% of all single-family starts, a post-recession high. The peak market share of the last two decades for townhouse construction was set during the first quarter of 2008, when the percentage reached 14.6% of total single-family construction. This high point was set after a fairly consistent increase in the share beginning in the early 1990s. The share for townhouse construction is expected to increase in coming years â&#x20AC;&#x201C; with occasional ups and downs. The long-run prospects for townhouse construction are positive given large numbers of homebuyers looking for medium density residential neighborhoods, such as urban villages that offer walkable environments and other amenities.

FOUNDATIONS August - September 2018

www.RochesterAreaBuilders.com

FOUNDATIONS August - September 2018

Project Build Minnesota is a state-wide construction workforce enhancement campaign that promotes a positive image of construction as a life-long career choice for young men and women of all races and ethnic backgrounds.

Project Build Minnesota is a movement, a vision and a vehicle to motivate our youth, parents, counselors,

teachers, administrators and policy makers to learn more about the many benefits of pursuing a life-long career in the building industry.

Project Build Minnesota was started in 2016 by a coalition of building industry associations who have developed a Project Build Minnesota represents the entire Minnesota construction and building industry. The movement is designed to foster career choice awareness across all lines of the residential and commercial building industry.

What is the vision? To create a movement to empower young men and women with choices and ensure a steady flow of qualified skilled labor into Minnesotaâ&#x20AC;&#x2122;s construction market.

Average wage in construction jobs in mn is

$61,000

What is the top goal? The goal of Project Build Minnesota is to remind folks that mastering a trade for those that enjoy working with their hands and building things is a smart choice. The industrytheir parents, teachers, and counselors that construction work is a noble, exciting way to build communities and shape peopleâ&#x20AC;&#x2122;s lives. Plus, work in the construction industry

people love the field.

95% >>>

FOUNDATIONS August - September 2018

of those who get into construction as a career stay there.

PROJECTBUILDMN.ORG

www.RochesterAreaBuilders.com

Products Tamarack Materials, + Thatcher Pools & Spas, Inc. + ThiemannCadillac Construction, Inc. + Thimijan LLP Custom Homes,Banker LLC + y of Kasson+ + Citywide Insulation, Inc. + Claremont EDAInc. + Clayton Thomas Blinds of Rochester + Clements Chevrolet + CliftonLarsonAllen, + Coldwell al + Thomas Tool+& Supply + Communications, Thompson's Garage and + Tile Superstore & Systems, More + TLC + TLS ialBank Leasing Services Completely Clean + Consolidated Inc.Door + Construction Partnership,Openers Inc. + Coordinated Business Ltd.Surfaces, + Cordes LLC Construc, LLC + Inc. Tonna Mechani- Web Services, Inc. + Coulee Bank + Counselor Realty of Rochester, Inc. + Countryside cal, Inc. + Top Shop Rochester, Inc. + dba TotalAccessibility Electric of Estate, + Corporate Builders, LLC + of Cravath Homes, LLC, Inc. + Townsquare Media Rochester & + Kasson Tradesmen International, Inc. Gutter, + Traditional Creative Hardwood Floors + Crescent Electric Supply Company + CRW architecture + design group + Culligan of Rochester + Curry's Custom Cut LLC + Star Insulation Tri-State Machines, Inc.+ +Dakota Tri-State Insulated /ers CCI++Tri Custom Hardwoods + Custom Homes by Bradley, Inc. + Custom Retaining Walls & Landscaping, Inc.++ D2E, LLC +Business Dahl Home Builders, Inc. Supply Group, orms + TSP Architects Tulip Tree Building Studios Center + Turri +Crane Service, Inc. + DeCook Builders, LLC +&DeGeus Tile & Granite + Derby Construction, LLC + The Design Connection + DesignEngineers Studio B + +Destination Destination Flooring tals + The EDA Urban LLC + U.S. Bank + Valor + Veit al Center + Studio, DeWitz Home Builders, Inc. + Dickison Builders, LLC + DiNicola & Pestka Appraisals + Distinguished Homes by Mechanical, Mitch Hagen,Inc. LLC+ +Val-U-Blinds DMC Plumbing & + Viking Automatic Company + Viking Electric + Vision & Dolan's Landscape Center, Inc. + DoubleTree by Hilton + DreamMaker Bath & Kitchen + Duke Aerial, Inc.Sprinkler + Dunham Associates, Inc. + DunlapSupply & Seeger PA + Homes Dynamic g, LLC + WA Insurance + Warners' Stellian Appliance Co., Inc. + WasteInc. Management + J. struction, Inc. + ECSI System Integrators + Edel Construction, LLC + Edina Realty Home Services + Todd Eidem Construction, Inc. + Elcor Construction, + Elcor Realty nstruction, LLC +LLC Weis Builders, Inc. + Panel Greg Wellik Construction Wells Concrete + ias Construction, + Elite Concrete Lifting of Minnesota, LLC + Ellingson Companies + Elsmore Plumbing, LLC + Energy Structures + Energy +Products & Design, onBank Minnesota NA + + ERH Developing, Inc. + Exclusive Home Builders & Remodelers + Expert Insulation, Wells Fargo HomeEmployment Mortgage +Professionals Wells Fargo Home Mortgage Business Technologies Inc. + Express + Extreme Panel endland Utz +Inc. Werner Electric West Bank + WestEnterprises Concord EDA + Jim Whiting EZ Fabricating, + F&M Community Bank + Fairway Outdoor Advertising, LLC + Fat Willy's Bar & Grill + Jeff Feece+ Designs + Ferguson + Ferguson Truck & Garden Inc. + WHKS Company + Widseth Smith Sports mes, Inc. +Center, Fillmore County EDA + First Alliance Credit Union + First Choice Homes, LLC + First Security Bank + R.&Fleming Construction, Inc. +Nolting FloCore++Wildwood Ford Metro, Inc. Ltd. + Wintrust Mortgage + Wobig Construction, LLCCustom + Women Communications, + Workforce Development, Inc. + Wright Homes, Inc. ++ WSB & Associates, Inc. + WT Energy + Frattalone Companies, Inc. + Chris Fritsch Homes, LLC + GanderLLC Plumbing & Heating, Inc. + Dale Gathje Construction, Inc. Steve Gentry Construction, pts, LLC + Your Home Improvement Company ++ Zen Custom Homes++GP Zillgitt Civil Design RAB+ Great River Overhead Door + Green Lawncare Irrigation Store + Robert Gill Builder, Inc. + Godwin Dold Goodin Company Development, Inc.+ +Zimprovements Grand Meadow=EDA chester, LLC + Habitat for Humanity - Rochester AreaNewsletter + Haley ComfortisSystems + W.L. Hall Company + Hamiltonto Plumbing + Hammer Homes, Inc. and + Hanson Construction The Rochester Area Builders an unbeatable opportunity advertise to members individuals Hardie Building Products + Harmony EDA + Harmony Insurance Group + Hartman Complete Lawncare, LLC + Hayfield Window & Door Company + HDR Architecture + associated with RAB. It is a source of valuable association and industry information, and is published and emailed ance + Heartwood Homes of Rochester, Inc. + Brandon Henderson's Construction Plus, LLC + Hentges Glass Company + HGA Architects and Engineers + Hicks Electric, monthly. Foundations is sent to over 900America connected professionals. The sizes ads areDecorating listed under gh Definition Homes, LLC + Highmark Builders + Hiller's Flooring + HiMEC industry at Home + Jeff Hinkle Custom Homes, Inc. + of Hirshfield's Center Display + The Home k + Home Improvement Professionals, + Home Installation, LLC + may HomeOnTrack + HomePro Home Inspections, Inc. + Horizon Equipment, LLC + Houston Ad Dimensions, and Inc. prices areSystems located below. Ads be changed from month to month. C + Hunt Electric Corporation + Hutch's Custom Cabinets + Hy-Vee Stores + Int'l Brthrhd of Electrical Wrkrs Local 343 + ICC Restoration & Cleaning Services + iHeartMedia urfaces, Inc. + Installed II, LLC + Insty + glad to workIntegraSpec Construction Interiors by J.Curry, J&M Our pricesBuilding are forSolutions full color ads. WePrints will be with youCentral/Jeff to designMueller your ad. Please +send digital files LLC for+all aguar Communications + JP's Construction Remodeling & Repair, Inc. + K&M Glass Company + K&S Heating, A/C, Plumbing & Electrical + ad copy, logos, and artwork. We use PC format. We accept Illustrator and Photoshop files (CS1). Convert all fonts almes Construction, Inc. + Kariel, Inc. + M.P. Kaye Builders, Inc. + Key Builders, Inc. + Kimley-Horn & Associates, Inc. + KIMT - CBS 3 to LLC outlines. the following file types: .tif,Kline .epsRoofing, and .pdf graphicsServices and fonts Enterprises, + The We also accept Kitchen Design Studio +high resolution Kitchens Plus + Gary Inc. +(with Knutsonall Construction + KNXR d Walls, Inc.embedded) + Kramer Contracting, LLC formats, + Kraus-Anderson files. If you have any other please contact us. Construction Company + Kreofsky Building Supplies + Kruger /KXLT-TV + Kuehn Motor Company, Inc. + Kuntz Electric, Inc. + Kwik Trip, Inc. + Lacina Siding & Windows, Inc. + Laitala of Lanesboro + Larson Siding & Windows + LegalShield + Legends Concrete, Inc. + Leitzen Concrete Products, wiston EDA + Leyendecker Homebuilders, LLC + Lodermeier's, Inc. + Luxury Bath Remodeling + nies, Inc. + Madery Construction, LLC + Maier Tree & Lawn + Majestic Homes, Inc. + R.J. acture r ' s ________ Trust + Maplewood Homes + Markham Homes, LLC + Marvin Full color 1/2 Horizontal $70Bank & ________ $650 Custom________ $487.50 nd Surveying & Engineering + Master Builders, Inc. + McGough Construction + MDH, of Rochester, City Painting$675.00 & Decorating, Inc. + MedCity Full color Full Page ________ $90City Builders ________ $900LLC + Med ________ Inc. + Menards - South + MEP Associates + Merchants Bank + Merit Contracting, Full Color Full Page Press Release $25Johnson, Inc. + Michael's Custom Cabinets, Inc. + Midwest Floor Solutions + Minnesota Building Contractors + Minnesota Energy Resources Corporation + Group + Molin Concrete Products Company + Morris Concrete, Inc. + Mortenson + Inc. + Mr. Sandless Floor Refinishing + Mundfrom Builders, Inc. + Larry Newman North Construction & Paint + Norbord + North Risk Partners, C.O. Brown Division & Equipment + Obermiller Nelson Engineering + OC Exteriors & Construction Law Office + Olmsted County Planning Dept, Enviro Safety Div + Olmsted County Public Health + Olmsted Medical Center + Olmsted National Bank + On Site Companies + Original Mechanics, Inc. + Otis Custom Homes, LLC + Overhead Door Company of Olmsted County + Paape Energy Services + Pace International + Palmer Payment options: Soderberg, Inc. + Paramark Corporation + PC Applications Consultants, Inc. + Pearson Builders, Inc. + Pella ________ Check enclosed (Please make out Windows check to& â&#x20AC;&#x153;Rochester Buildersâ&#x20AC;?) Doors + PenzArea Custom Homes, Inc. + People's Energy Cooperative + Peterson Well ________ Please invoice company Drilling, Inc. + Phantom Screens + Pine Island EDA + Pine Island Lumber + The 1/2 Horizontal 7-1/2 x 4-7/8 ________ Credit Card (circle: Visa or MC) Pinske Edge + Pompeii Painting, Inc. + Full 7-1/2 x 10 Post-Bulletin Company, LLC + PowerLift Doors Number: _____________________________________________________________ b y French Mfg, Inc. + Powers Ventures + Precision 3 digit code: ___________ Exp Date: Signs ______________ + Prehn Building Sales, Inc. + Premier Bank Rochester + Premier Builders of Rochester, Inc. + Presidio + City of Preston + Prime Time Painting of Rochester, LLC + Priority Business Name __________________________________________________________ Construction Services + Pro Image Promotions & Apparel + Quality Overhead Door Company, Inc. + Quality Siding & Contact ________________________________________________________________ Window, Inc. + R&M Development Company + Radcliffe Homes & Remodeling + Range Custom Homes, LLC + RCON Homes, Phone number __________________________________________________________ Inc. + RCTC Carpentry Program + RE/MAX Results + Real Property Appraisals, LLC + Realty Edge Team + Region Fax ____________________________________________________________________ , Inc. + David Reiland Building Contractor, LLC + Reliable Contractors, Inc. + Rochester Area Appraisals, LLC + Rocheshamber of Commerce + Rochester Area Econ. __________________________________________________________________ Development, Inc. (RAEDI) + Rochester Area Foundation + Rochester Asphalt & Email Inc. + Rochester Building Safety Department + Rochester Concrete Products, LLC + Rochester Plumbing & Heating/Roto ochester Public Utilities + Rochester Public Works + Rochester Ready Mix Concrete Co + Rochester Restoration & Remediation + Title & Escrow Company, Inc. + Rory's Home Improvement, LLC + RSM US LLP + RSP Architects + Ryan & Grinde, Ltd. + ic, Inc. + Ryan Windows & Siding, Inc. + RyMark Construction, LLC + S&S Overhead Door, Inc. + Sargent's Landscape Nursery, Inc. + I have read, understand and agree to the terms of this contract. r, Inc. + Schwab, LLC + Schwickert's Tecta America, LLC + Seavey Builders, Inc. + Dan Severson Builders, Inc. + Nick Severson on, LLC + Shanahan Building & Remodeling, LLC + Sherwin Williams Company + Short Elliott Hendrickson Inc. (SEH) + Sign + S.L. Contracting, Inc. + Smart Home Innovations & Engineering, Inc. + Smart-HR + Smith Schafer & Associates, Ltd. + Solar ConnecSomerby Golf Community + Sorenson's Appliance & TV, Inc. + Southeastern MN Multi-County HRA + Space Concepts, Inc. + dling Contracting, Inc. + Spring Grove EDA + Spring Valley Overhead Door, Inc. + City of Spring Valley + St. Charles EDA + s Lawn & Landscape + Stantec + Sterling State Bank + Stevens Heating, Inc. + Stewartville EDA + Stier Construction, Inc. + essions + StoneBridge Builders, LLC + Stonybrook Builders of Rochester, Inc. + Struve's Paint and Decorating + Robert Suk PLLC + Summit Custom Homes, LLC + Summit Fire Protection Company + Sunbelt Rentals + Superior Mechanical + Superior Phone: (507) 282-7698 onditioning + Craig Swanson Builders, Inc. + Swenke Ims Contracting, LLC + Kenny Sylvester Construction, LLC + Products + Tamarack Materials, Inc.Attn: + Thatcher Pools & Spas, Inc. + Thiemann Construction, Inc. + Thimijan Custom Homes, LLC + Fax: (507) 282-6351 Shelly Erpelding al Bank + Thomas Tool & Supply + Thompson's Garage Door and Openers + Tile Superstore & More + TLC Surfaces, LLC + TLS E-Mail: 108 Elton Hills Ln NW , LLC + Tonna Mechanical, Inc. +ShellyE@RochesterAreaBuilders.com Top Shop of Rochester, Inc. + Total Electric of Rochester, MN 55901 Inc. + Townsquare Media Rochester + Tradesmen International, Inc. + Traditional ers + Tri Star Insulation + Tri-State Business Machines, Inc. + Tri-State Insulated orms + TSP Architects & Engineers + Tulip Tree Studios + Turri Crane Service, Inc. + tals + The Urban Studio, LLC + U.S. Bank + Valor Mechanical, Inc. + Val-U-Blinds + Veit + Viking Automatic Sprinkler Company + Viking Electric Supply + Vision Homes & g, LLC + WA Insurance + Warners' Stellian Appliance Co., Inc. + Waste Management + J. nstruction, LLC + Weis Builders, Inc. + Greg Wellik Construction + Wells Concrete + o Bank Minnesota NA + Wells Fargo Home Mortgage + Wells Fargo Home Mortgage www.RochesterAreaBuilders.com FOUNDATIONS August - September 2018 endland Utz + Werner Electric + West Bank + West Concord EDA + Jim Whiting

F O U N D AT I O N S Rochester Area Builders, Inc.

Newsletter Advertising Rates

12 Issues

New Member 12 Issues

FORTY

RAB

Newsletter Display Ad Dimensions

Per Issue

2018

Newsletter Advertising

BELoW CONNECTING. BUILDING. ENGAGING.

Signature:

Contact Rochester Area Builders, Inc.

F O U N D AT I O N S Rochester Area Builders, Inc.

We’re in the offering NAHB members up to $1,000 business.

2018 Chevrolet Low Cab Forward 3500HD

2018 Chevrolet Express 2500 Cargo Van

2018 Chevrolet Silverado 2500HD

2018 GMC Sierra 1500

USING THE PRIVATE OFFER FOR NAHB MEMBERS IS EASY: 1. Get your NAHB Proof of Membership by logging into NAHB.org and obtaining your verification form. 2. Visit your local Chevrolet dealer and mention this Private Offer. 3. Select an eligible vehicle(s) to purchase or lease and present your NAHB proof of membership. For even more value, combine this offer with the National Fleet Purchase Program and Business Choice Offers. For full details on the Private Offer, NAHB members should visit nahb.org/gm. Example offer for NAHB members who are business owners purchasing a 2018 Chevrolet Express 2500 Cargo Van. Up to

$1,000 Private Offer1

$3,750

National Fleet Purchase Program (FVX)2

Up to

$1,200

Eligible Accessory Cash Allowance3

Up to

$5,950 In Potential Value

¹Private offer amount varies by model. City Express and Low Cab Forward receive a $250 Offer for both Fleet and Retail deliveries. Fleet deliveries on the Buick Enclave, Chevrolet Traverse, Silverado, Express, Suburban, Tahoe, GMC Acadia, Sierra, Savana, Yukon, XL receive a $1,000 Offer. All other Fleet or Retail deliveries receive a $500 Offer. Valid toward the purchase or lease of eligible new 2017 and 2018 model year vehicles. Offer excludes Chevrolet Bolt, Camaro, SS, Corvette, Sonic, Spark, Trax, Volt, Buick Cascada, LaCrosse, Regal, Verano, and all Cadillac vehicles. Additional GM models may be excluded from time to time at GM’s sole discretion. Customer must take delivery by 1/2/2019. Not compatible with some other offers. Not valid on prior purchases. See dealer for details. 2Offer available to qualified fleet customers through 1/2/2019. Not compatible with some other offers. Take delivery by 1/2/2019. See dealer for details. 3To qualify, vehicle must be used in the day-to-day operations of your business and not solely for personal/non-business-related transportation purposes. For complete program requirements, including information regarding offers, vehicles, equipment, options, warranties, and ordering, consult your dealer or visit www.gmbusinesschoice.com. Requires $500 minimum purchase. Cash Allowance will be equal to the amount spent up to $1,200. Not eligible on Associated Accessories from third-party independent suppliers. Not available with some other offers. Take delivery by 1/2/2019. See dealer for details. ©2018 General Motors, LLC. All rights reserved. The marks appearing in this ad are the trademarks or service marks of GM, its subsidiaries, affiliates, or licensors.

FOUNDATIONS August - September 2018

www.RochesterAreaBuilders.com

FOUNDATIONS August - September 2018

Rochester Building Permits

New Residential Single Family Dwelling

2018

VALUATION

2017

VALUATION 2010 2011 2012

6,532,400

2013 2014 2015 2016 2017

2018

10,589,827

January

February

Townhome Dwelling

2,995,382

2,008,508

Two-Family Houses

March

Manufactured Home

April

Multi-Family Bldgs (Units)

May

June

July

TOTAL

128

102

180

201

198

190

245

264

202

August

September

October

November

December

200

191

299

326

369

418

429

Existing Residential Deck Addition

214,770

268,045

Room Addition

148,271

250,000

Porch Additions

Other Additions

50,000

38,000

Basement Finish

298,132

279,098

Alterations

370,594

271,764

Multi-Family Addition

Multi-Family Alterations

5,000

22,500

New Commercial Assembly (Church)

Assembly (General)

Assembly (Restaurant/Bar)

Business

4,500,000

Education

Factory/Industrial

Institution

Mercantile

Miscellaneous

Residential (Apartment)

Residential (Care/Assisted Living)

Residential (Care/Hotel/Motel)

9,051,751

Storage (General)

Storage (Parking Garage)

Storage (Warehouse)

Utility (General)

109,000

Utility (Private Garage)

Addition Alterations

10,970,000

5,177,986

4,818,751

6,961,667

Structural Shell

“White Box”

1,590,733

Interior Demolition Only

Other Phased Permits

Other Construction Business Signs

TOTAL

202

*total may differ as permits may have been voided. *total may differ as permits may have been voided.

Existing Commercial

JULY 2018

119,423

151,370

Advertising Signs

Footings & Foundations

Demolition

FOUNDATIONS August - September 2018

Year To Date Statistics

NO.

2018 VALUATION NO.

2017 VALUATION

Building Permits Issued to Date

1389

271,275,523

1537

279,501,842

Single Family Dwelling

148

41,875,498

212

60,381,536

Multi-Family Buildings Total Units: 328

42,431,599

35,655,668

Trade Permits Issued to Date

6209

75,762,479

5579

58,711,346

Electrical

2250

31,992,284

1699

24,003,143

171

54,050

229

107,785

Electrical (Temp. Service) Mechanical (HVAC)

1659

23,008,460

1380

16,319,077

Mechanical (Gas Piping)

395

779,657

427

658,864

Mechanical (Fireplace)

206

75,2422

225

609,499

Mechanical (Hydronic) Plumbing

Total Permits YTD

110

5,970,699

102

5,677,062

1416

13,272,087

1517

11,335,916

7598

347,038,002

7116

338,213,188

Information and downloads available at Rochester Building Safety Department’s Website: http://

www.rochestermn.gov/departments/building-safety/reports/building-permits

Byron

Building Permits

JULY 2018 New Residential

NUMBER

VALUATION

Single Family Attached

Single Family Detached

1,810,000

Existing Residential Basement Finish

Deck Addition

54,300

www.RochesterAreaBuilders.com

Olmsted County Permits YTD

New Residential

2018

VALUATION

2017

VALUATION

Single Family-Detached

5,079,265

5,648,547

Single Family-Attached

529,548

406,689

396,843

Garage

JULY 2018

Miscellaneous Permits Mechanical Plumbing

Total Permits

Residential Deck Addition Alterations Garage Addition

106,728

120,085

172,390

459,704

559,123

105

1,155,407

54,361

77,643

Church/Religious

Industrial/Warehouse

Store/Restaurant

Nonresidential Building

Service/Repair Station

1,720,360

116

871,741

599,200

541,626

428,197

329

11,968,858

387

9,533,229

26 23

18 14

10 5 1

Commercial/Industrial Addition

132,431

Alterations

464,855

258,568

Re-roofing

12,148

13,100

81,305

216,813

26,692

VALUATION

2018

2017

July 2017 & 2018 Permits

New Commercial/Industrial 0

VALUATION

35 30

Recreational

2018

City of Stewartville $1,811,946

$542,460

Oronoco $210,558

$893,662

Eyota $1,470

Marion $368,944

$332,432

Other Structures Pool, Retaining Wall, etc. Manufactured Homes

Activity Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.

Key Metrics

Historical Sparkbars

New Listings 7-2015

7-2016

7-2017

7-2018

7-2015

7-2016

7-2017

7-2018

7-2015

7-2016

7-2017

7-2018

7-2015

7-2016

7-2017

7-2018

7-2015

7-2016

7-2017

7-2018

7-2015

7-2016

7-2017

7-2018

7-2015

7-2016

7-2017

7-2018

7-2015

7-2016

7-2017

7-2018

7-2015

7-2016

7-2017

7-2018

7-2015

7-2016

7-2017

7-2018

Pending Sales

Closed Sales

Days on Market

Median Sales Price

Avg. Sales Price

Pct. of Orig. Price Received

Affordability Index

Homes for Sale

Months Supply

7-2017

7-2018

Percent Change

YTD 2017 YTD 2018

661

712

+ 7.7%

4,514

4,366

- 3.3%

556

582

+ 4.7%

3,844

3,668

- 4.6%

592

588

- 0.7%

3,499

3,313

- 5.3%

+ 9.8%

- 6.0%

$176,950

$192,150

+ 8.6%

$175,000

$191,868

+ 9.6%

$204,122

$224,885

+ 10.2%

$204,218

$217,782

+ 6.6%

97.5%

97.4%

- 0.1%

97.2%

97.3%

+ 0.1%

223

194

- 13.0%

226

194

- 14.2%

1,478

1,409

- 4.7%

2.9

0.0%

Percent Change

Current as of August 4, 2018. All data from the Southeast Minnesota Association of REALTORS® Multiple Listing Service. Provided by the Minnesota Association of REALTORS®. Report © 2018 ShowingTime. | 2

www.RochesterAreaBuilders.com

FOUNDATIONS August - September 2018

Membership Information

NEW APPLICANTS: The firms listed below have applied for membership in Rochester Area Builders, Inc.

Membership Renewals as of 7/31/18 2017 2017 2017

Two to Four Years Anderson Builders, LLC Madery Construction, LLC TLC Surfaces, LLC GP Development, Inc. J&M Consulting Pine Island EDA PowerLift Doors by French Manufacturing, Inc. Centurion Ridge, LLC Custom Homes by Bradley, Inc.

2016 2016 2016 2015 2015 2015 2015 2014 2014

Five to Nine Years WHKS & Company

2013

Ten to 19 Years The Urban Studio, LLC Hunt Electric Corporation Larry Newman Drywall Synergy Products Somerby Golf Community Stevens Heating, Inc. DeGeus Tile & Granite

2007 2006 2005 2005 2002 2002 2001

20 Years & More

MEMBERSHIP TOTAL: 482 RETENTION RATE: 89.7% As of 7-31-2018

One Year City of Kasson Ferguson Truck & Trailer Sales Tulip Tree Studios

NONE

ONB Bank Brinkman Builders, LLC PC Applications Consultants, Inc. Top Shop of Rochester, Inc. StoneBridge Builders, LLC

1996 1995 1995 1995 1994

Andersen Windows, Inc. Bright Ideas Hirshfield's Decorating Center Bremer Bank Brock White Company Dan Severson Builders, Inc. Premier Bank Rochester Christian Brothers Cabinets Gerhards - The Kitchen & Bath Store Express Employment Professionals Ohly Law Office Smith Schafer & Associates, Ltd. Kuehn Motor Company, Inc. Quality Overhead Door Company, Inc. Wilson Tibor & Maves, Ltd.

1993 1993 1993 1991 1991 1991 1991 1990 1988 1985 1982 1982 1981 1981 1981

FOUNDATIONS August - September 2018

WE WELCOME THE FOLLOWING NEW MEMBERS IN AUGUST

AEROTEK 4000 Lexington Ave N, Ste 200 Shoreview, MN 55126 Phone: 651-605-7537 Contact: Haley Mruz Associate Member Flooring: Recruiting/ Staffing Sponsored by: Levi Kaiser, Benike Construction

THE RESCUED ROOM 3515 16th Ave NE Rochester, MN 55906 Phone: 507-259-2902 Contact: Sara Lohse Associate Member Home Organization Sponsored by: Jim McGovern, JPâ&#x20AC;&#x2122;s Construction Remodeling & Repair

GUARANTEED RATE 2746 Superior Dr NW, Ste 210 Rochester, MN 55901 Phone: 507-358-7726 Contact: Wayd Wangen Associate Member Mortgage

HALLMARK BUILDING SUPPLIES 9350 W Broadway Ave, Ste 100 Brooklyn Park, MN 55445 Phone: 800-642-2246 Contact: Kate Morrell Associate Member Building Supplies Directo

SCHAD TRACY SIGNS PO Box 357 Oronoco, MN 55960 Phone: 507-367-2631 Contact: Connie Schad Associate Member Sign Manufacturing

www.RochesterAreaBuilders.com

President

Brian Sheehan, Weis Builders, Inc.

Jerry Jensen, Valor Mechanical, Inc.

Leslie McGillivray-Rivas, WSB & Associates, Inc.

Frank Streit, Premier Bank

Karen Blissenbach, Design Studio B

Vice President Secretary

Treasurer

Past President

BUILD YOUR HOME IN AUSTIN

TAX FREE

Directors

Mike Allen, Mike Allen Homes, LLC Mickey Elias, Elias Construction, LLC Spencer Holmen, TLS Companies Tom Leimer, Knutson Construction Kevin Sternberg, Countryside Builders, LLC Alissa Moe, Cambria Jesse Buhl, MedCity Consulting Joe Langel, Home Federal Luke Stier, Stier Construction

Builders Exchange Council Representatives

Katie Herrmann, Kraus-Anderson Construction, Chair Jeremy Wohlfiel, Vice Chair Jason Snow, Brock White Company,Past Chair

Commercial Builders Council

John Eckerman, Boldt Construction Chair

Pete Erickson, Olmsted National Bank, Chair

Bob Robertson, Radcliffe Homes & Remodeling, Chair

Joe Weis, Weis Builders, Inc.

David Kane, Widseth Smith Nolting, Rep. Levi Kaiser, Alvin E. Benike, Inc. Todd L Severson, TLS Companies, LLC Steve Buss, Cornerstone Builders & Real Estate, Inc. Joe Weis,Weis Builders, Inc.

Development Council Chair Remodelers Council Chair National Life Directors National Directors

State Directors

John McGuine, JM Consulting, Jean DeWitz, DeWitz Home Builders, Inc. David Pederson, Dunlap & Seeger, Rep. Dan Severson, Dan Severson Builders, Inc., Kathy Einck, Maplewood Homes.LLC Tyler Niemeyer, Braun Intertec Corporation

Executive Director

John Eischen JEischen@RochesterAreaBuilders.com

Staff

Five-Year Property Tax Abatement for New Construction Single-Family and Multi-Family Homes August 1, 2016 â&#x20AC;&#x201C; December 31, 2019

Audra Bolduan audra@bexroch.com Marketing, Builders Exchange Trustees, Showcase Committee

Darcy Goplen DGoplen@RochesterAreaBuilders.com

Rebekah Nielsen RNielsen@RochesterAreaBuilders.com Ambassadors, Awards, Community Relations, Education, Membership, Fashion Show, Program, Spike Club, Remodelers Council: Executive & Remodelers Tour, 40 Below

Shelly Erpleding ShellyE@RochesterAreaBuilders.com Golf Outing, Sporting Clays, Home Show, Directory, Newsletter, RAB Update

Government & Public Affairs Consultant Rick Dold Rick@GodwinDold.com Government Affairs

www.RochesterAreaBuilders.com

FOUNDATIONS August - September 2018

www.RochesterAreaBuilders.com

GOES MOBILE

Want to look up members of RAB quickly? Are you away from your desk? Try out the mobile directory of Rochester Area Builders. This is a mobile-optimized website that is easy to search. You can search alphabetically or by category. We also have mobile-optimized pages for the Home Show, Spring Showcase of Homes, Fall Showcase of Homes, and the Remodelers Tour. You can save these pages as shortcuts on your home screen. For iOS: From the page you want to save, tap the square with an arrow. Then choose Add To Home Screen. From there, simply name it what you want and save.

For Android: From the page you want to save, tap the three dots. From there, simply name it what you want and save.

Then choose Add To Home Screen.

Now itâ&#x20AC;&#x2122;s like you have an RAB app on your phone!

www.RochesterAreaBuilders.com

FOUNDATIONS August - September 2018

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National Association of Home Builders

Put your membership to work now. Money-saving discounts that benefit your business, your employees, and your family

www.nahb.org/MA

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FOUNDATIONS August - September 2018