November 21, 2024 10:33 pm
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Land crunch hits builders in ‘Brady Bunch’ country

CrunchTimeBy Conor Dougherty | The Wall Street Journal

SAN MARCOS, Calif.—Ure Kretowicz, a home developer here, built his company and fortune constructing suburban communities marked by detached, Mediterranean-style houses along winding cul de sacs. Now he has run out of space.

For the first time in his four-decade career, Mr. Kretowicz doesn’t have one detached, single-family home under development in metro San Diego. From the blueprints in his office to dusty construction sites across the county, his company’s future in the region revolves around attached homes.

“In the next 10 years the typical single-family subdivision will be a dinosaur,” he said.

Continued: 

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