TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Ryan family returns to homebuilding in Pittsburgh area

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Thursday, Feb. 14, 2013, 12:01 a.m.
 

The Ryan family is again building homes in the Pittsburgh region.

Dan Ryan Builders, whose owner is Dan Ryan, nephew of Ed Ryan of Ryan Homes and son of Jim Ryan, Ed's brother, is building in three local subdivisions, with plans to expand.

With the recent merger of Heartland Homes into NVR Inc., which also owns Ryan Homes, no separate Ryan homebuilder was left in the region.

“We were already in the Pittsburgh market prior to that merger, but it provides us with an opportunity to play an even bigger role in the market,” said Dan Ryan.

The merger placed the top two builders in the region under one ownership. NVR Ryan is first, followed by Heartland. Next is Maronda Homes, followed by S&A Homes. Rounding out the top five is TOA PA. 5 LP.

“We have tremendous respect for NVR Ryan, but our entry into the region will allow us to give them competition,” Ryan said.

As a goal, Dan Ryan Builders hopes to build in excess of 100 homes in the region into 2014, he said.

He is building single-family houses in the low $200,000s in the Fieldcrest community in South Fayette; carriage homes in the mid-$200,000s in Georgetown Square in Cranberry; and town homes in the high $100,000s in Summerbrooke in the Canonsburg area.

“We purchase lots in these subdivisions where we build in a price range of from the high $100,000s to $400,000,” said Shaun Seydor, who is in charge of Dan Ryan's Pittsburgh operations.

“Our targets are first-time homebuyers and first-time move-up buyers,” Ryan said.

Seydor said the homebuilder has been in the Morgantown, W.Va., area for the past six years where it leads the market. “The normal progression was to move into the Pittsburgh region.”

The company is planning to enter its fourth local community, the Links at Cranberry, this summer. It will be in five communities by the end of the year and in seven to nine in 2014, Seydor said.

The company's workforce will grow, too.

“We currently have 10 employees but expect that to double by the end of the year,” Seydor said.

Based in Frederick, Md., the company has completed nearly 10,000 homes in more than 60 communities in six states, North Carolina, South Carolina, Maryland, Virginia, West Virginia and Pennsylvania.

Dan Ryan, who was born in Pittsburgh, left his father's Ryland Homes operation in the Washington area 23 years ago to start his own company.

Sam Spatter is a staff writer for Trib Total Media. He can be reached at 412-320-7843 or sspatter@tribweb.com.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. First Niagara sets aside $45 million
  2. PUC approves Columbia Gas pipeline extensions program for homeowners
  3. Mortgage rate slide’s impact could be minimal
  4. Education Management removes itself from Nasdaq listing
  5. EQT Corp. boosts profits despite lower gas prices
  6. Rule to close coal royalty loophole
  7. Highmark seeks double-digit increase for more benefits, heavy use
  8. World’s 1st carbon capture power plant switches on in Canada
  9. Falling fuel prices help airlines — not fliers
  10. Toy sellers to enhance marketing as holidays approach
  11. Natrona Bottling Co. keeps soda pop operation focused on craft, taste
Subscribe today! Click here for our subscription offers.