St. Louis Market Losing Pulte Homes and Employees Lose Jobs
ST. LOUIS, MO/May 6, 2017 (STLRestaurant.News) The recent announcement that PulteGroup, the Atlanta-based parent company of Pulte Homes, is leaving the St. Louis market is not good news for the company’s workers. More than 20 Chesterfield-based Pulte Home’s employees will be laid off after the company exits the market toward the end of 2018.
“Following a detailed review of our competitive position, we have determined that the market dynamics are not conducive to running a return focused business,” said Pulte Group Director of St. Louis Operations, Jeff Lear. A letter sent from Lear sent to trade partners expressed that the home-builder would continue building out its remaining communities, which he anticipated being complete by the end of 2018.
In January 2017 the company’s newest project Skyline at Central Park Townes in Richmond Heights was unveiled to the public. It’s advertised as offering a pedestrian-friendly lifestyle in bustling Richmond Heights, just 10 miles from downtown St. Louis in the highly regarded Clayton school district. The starting price for each of the 42 innovative town-homes offering a variety of open floor plans with unique and flexible space is $414,990.