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Shugart Enterprises , LLC
4104 Bluestem Dr
Since 1966, Shugart Enterprises, LLC has been making dreams come true for Triad families. For the past two years, Shugart has been ranked as the largest Triad home builder as stated in the "Triad Business Journal". By combining our many years of experienc
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(36 Total References)
In 2002, the center received an ...
In 2002, the center received an endowment from Mr. Grover F. Shugart, CEO of Shugart Enterprises.
Lessons learned, Triad home builder Shugart Enterprises going smaller-scale | Shugart Enterprises, LLC
With home prices ranging from $92,000 to $630,000, Shugart consistently had about 30 developments in the works.
Going into the slump, the builder had 700 lots in its inventory.
It's taken five years to work through that inventory, and Shugart Enterprises founder Grover Shugart is finally moving forward with some new projects - and a smaller appetite.
This spring, Shugart
is beginning development on 183 lots across six new communities Triadwide.
It's also building out 90 lots via additional phases in four of its existing developments.
That total of 273 new building lots is a far cry from the 621 closings Shugart Enterprises notched in 2007.
But for Shugart
, that's the whole idea.
"We're not looking to get as large as we were before.
We have no desire for that," said Shugart
, who started the firm in 1966.
But the smaller-scale development and revamped pricing had to be done to make Shugart
Enterprises competitive with other builders who snapped up cheap bank-owned lots throughout the recession, Shugart said.
"We've just been trying to fill in.
It doesn't make any difference how small it might be," Shugart
On the Front Lines: Les Frye, Shugart Enterprises | Shugart Enterprises, LLC
Shugart Enterprises was founded in 1966 by Grover Shugart, who is still active in the day-to-day operation of the company.
Basically the way it works is the home buyer provides the labor for interior painting and/or landscaping (Shugart provides all the materials, supplies, and guidance) in return for credits that can be applied to their down payment.
Shugart has been a family-owned ...
Shugart has been a family-owned home builder in the Triad for more than 45 years.
"We are optimistic that we'll see a dramatic upturn in the new homes market in 2011, and that BSI will help us maximize our sales and marketing efforts in our communities throughout the Triad region," said Grover Shugart, president, Shugart Enterprises.
General – Karen's Perspective
Grover Shugart, president of Winston-Salem-based Shugart Enterprises, said that his firm is introducing several new home designs that will cost $130,000 or less.
Shugart is also creating a new division within the company to concentrate entirely on designing for and marketing to entry-level buyers.