FOUNDATIONS MAY - JUNE

MAY - JUNE 2021

September November December October August June July 2021 2021 2021 2021 2021 2021

ROCHESTER AREA BUILDERS, INC.

BUILDERS, BAGS & BREWS SPONSORSHIPS AVAILABLE

40 BELOW BUILDING RELATIONSHIPS

10

UNIFIED DEVELOPMENT CODE INSTALLMENT 2

12

FASHION SHOW FORMS AVAILABLE

HEADLINING SPONSOR

D C

DEVELOPMENT COUNCIL

17

a division of the Rochester Area Builders, Inc.

C OMMERCIAL C B UILDERS

OUNCIL

a division of Rochester Area Builders, Inc.

2 | MAY - JUNE 2021

STAFF EXECUTIVE DIRECTOR John Eischen, John@RochesterAreaBuilders.com STAFF

Online Permit Submission

UPDATE!

Shelly Bahlmann, Shelly@RochesterAreaBuilders.com

Golf Outing, Sporting Clays, Home Show, Directory, Newsletter, RAB Update

Audra Bolduan, Audra@RochesterAreaBuilders.com Builders Exchange Trustees and Showcase Committee, Website

Rebekah Fierst, Rebekah@RochesterAreaBuilders.com

Ambassadors, Awards, Builders, Bags & Brews, Commercial Builders Council,

Community Relations,

Education, Membership, Fashion Show,

Program, Remodelers Council,

Executive & Remodelers Tour, 40 Below

GOVERNMENT & PUBLIC AFFAIRS CONSULTANT

Rick Dold, Rick@GodwinDold.com

BOARD OF DIRECTORS PRESIDENT

Luke Stier, Stier Construction, Inc. VICE PRESIDENT Becky Holmen, Haley Lighting SECRETARY

Jennifer Mitchell, Edina Realty TREASURER

Jesse Buhl, MedCity Consulting PAST PRESIDENT

Alissa Moe, Bremer Bank DIRECTORS

Adam Giannini, Meyer Borgman Johnson Jennifer Lawver, ERH Developing, Inc. Tom Leimer, Knutson Construction Jason Scrimshaw, Kimley-Horn & Associates, Inc. Kevin Reckinger, Bricewood, LLC Charlie Sweeney, Kraus-Anderson Construction Melissa Barbour, TLS Companies, LLC Megan Gallagher, Solar Connection

BUILDERS EXCHANGE COUNCIL CHAIR

Kurt Hoeger, United Rentals

COMMERCIAL BUILDERS COUNCIL CHAIR Jim Oeltjenbruns, F&M Community Bank DEVELOPMENT COUNCIL CHAIR Hal Henderson, HGA Architects & Engineers

When submitting your permit online doing the following will greatly improve your chances of acceptance, speedy processing, and approval.

1. Use your PDF software to optimize your plan before submitting

a.

Optimizing the plan allows the city departments to more effectively process your submittal within the system.

b.

Optimizing the plan will also improve the City’s ability to efficiently review your plans.

2. Only submit one Drawing per permit that includes all building and site plan information

a.

The drawing should include the mechanical and plumbing information.

b.

Any other plan information you submit should be submitted as additional information and not as a drawing.

c.

You are allowed as much information as you need for your submittal, but each submittal should only have one drawing.

d.

Submitting more than one drawing may cause the rejection of your submittal.

e.

In the event your submittal is not rejected with more than one drawing, having more than one drawing results in multiple approvals within each which delays the process and approval of your application.

Use the link below to check the status of permits filed with the City of Rochester Agency Counter: https://rochestermn.agencycounter.com/m/home

REMODELERS COUNCIL CHAIR

Kailee Klevan, Beyond Kitchens 40 BELOW CHAIR Katie Olson, Kimley-Horn & Associates, Inc. NATIONAL LIFE DIRECTORS

Steve Buss, Cornerstone Builders & Real Estate, Inc. NATIONAL DIRECTORS Dana Hlebichuk, Widseth

Levi Kaiser, Benike Construction (Rep) Todd Severson, TLS Companies, LLC STATE DIRECTORS

Mike Allen, Mike Allen Homes, LLC Jean DeWitz, DeWitz Home Builders, Inc. (Rep) Kathy Einck, Maplewood Homes.LLC John McGuine, JM Consulting David Pederson, Dunlap & Seeger Dan Severson, Dan Severson Builders, Inc.,

Kenneth Bush, Bush Companies

MISSION STATEMENT The Rochester Area Builders, Inc, chartered in 1953, is a professional organization of commercial & residential builders, remodelers, developers and associated businesses dedicated to advancing the building industry in Southeast Minnesota.

We are the trusted voice of the industry, providing leadership, education, networking, and information resources to our members, community and government officials.

3 | FOUNDATIONS NEWSLTR

RAB

FORTY o

BEL W CONNECTING. BUILDING. ENGAGING.

10 12

11 UPDATE..............................................................2

Online permit update

RAB CALENDAR...................................................4

17

26

CITY OF ROCHESTER .........................................12

Unified Development Code Installment 2

NAHB EYE ON HOUSING.....................................16

June 2021

Hmi: Building Materials Top Housing Concerns

2021 CALENDAR..................................................5

STUDS, STRUTS & STILETTOS............................17

LETTER FROM RAB PRESIDENT............................6

Luke Stier, Stier Construction, 2021 RAB President

MEMBERSHIP REPORT.........................................8

April 2021

NEW MEMBERS...................................................8

May 2021

RAB GOLF OUTING ..............................................8

Sponsorship Information

FALL SHOWCASE ................................................9

Registration information

REMODELERS TOUR ............................................9

Registration information

40 BELOW.........................................................10 Building Relationships/Photos

BUILDERS, BAGS & BREWS................................11

Sponsorship Information

Design & Sponsor Forms Available

NAHB EYE ON HOUSING.....................................20 Inflation from Economic Reopening is Here

BUILDING PERMITS...........................................24

Rochester, Byron & Pine Island

OLMSTED BUILDING PERMITS ...........................25

March 2021

SEMR HISTORICAL OVERVIEW............................25 March 2021

NAHB EYE ON HOUSING.....................................26

Gains for Single-Family Built-for-Rent Ahead?

4 | MAY - JUNE 2021

June 2021 Sunday

Monday

Tuesday

Wednesday 1

8:00 AM Remodelers Council Executive Committee

Thursday

Friday

Saturday

2

3

4

5

9

10

11

12

17

18

19

25

26

4:30 PM 40 Below Executive Committee

11:30 AM Executive Committee 6

7 12:00 PM Government Affairs Committee

13

8 3:00 PM Board Meeting

14 3:30 PM Builders Exchange Board of Trustees

20

15 10:00 AM Green Building Committee

12:00 PM Fashion Show Committee

16 12:00 PM Ambassadors Committee

22 12:00 PM Education Committee

28 12:00 PM Home Show Committee

11:30 AM Sporting Clays Committee

8:00 AM Membership Committee 4:30 PM 40 Below Social

21

27

4:00 PM CBC General Membership Meeting

23 3:00 PM Development Services Advisory Committee

29 4:30 PM Networking Night @ Haley Comfort Systems

24 11:30 AM Community Relations Committee

30

5 | FOUNDATIONS NEWSLTR

MAY 31 Office Closed – Memorial Day

JUNE

3 RAB Golf Outing @ Willow Creek

29 Networking Night @ Haley Comfort Systems

JULY 5 Office Closed for Independence Day

TBD NAHB Mid-Year Board Meeting – TBD

27 Member Appreciation Night @ Mayowood Stone Barn

AUGUST

7 Builders, Bags & Brews @ Olmsted County Fairgrounds

31 Networking Night @ Tulip Tree Studios & Valor Mechanical

SEPTEMBER 6 Office Closed – Labor Day 16 Sporting Clay Shoot 18 Youth Sporting Clay Shoot 18-19 Remodelers Tour

18-19, 25-26 Fall Showcase of Homes 28 General Membership Meeting @ TBD

OCTOBER

14 Studs, Struts & Stilettos @ Mayo Civic Center 26 Networking Night @ Cambria

NOVEMBER TBD Past Presidents Dinner 18 Celebration of Leaders Dinner 25-26 Office Closed – Thanksgiving Holiday

DECEMBER 10 Holiday Party @ The Hilton 23-24 Office Closed – Christmas Holiday

FUTURE DATES International Builders Show February 8-10, 2022 – Orlando, FL RAB Home Show February 11-13, 2022 – Mayo Civic Center

6 | MAY - JUNE 2021

6 | FOUNDATIONS NEWSLTR

FROM THE PRESIDENT Fellow RAB members, I am excited to announce that May has brought warm weather and a newborn son to our family! We are truly thankful for our new arrival (Leo) and that he is happy and healthy. My two older daughters, Calla (12) and Keira (10), have been extremely helpful and are giving him plenty of attention.

The Annual Golf Outing is near! I am sure many of you are looking forward to getting out on the course and reconnecting with fellow members after being cooped up for so long. We are still in need of sponsorships and door prize items, so please contact Shelly if you are interested. Thank you to Altra Federal Credit Union for presenting and Think Bank for lunch.

Remember to stick around for appetizers provided by Compeer Financial at 4:30, and announcements of prize winners at 5:30. Let’s have a great event!

Builders, Bags & Brews Tournament presented by 40 Below and benefiting Jeremiah Program: We need bag sponsors! There are various ways to donate, advertise, and even get your logo on a pair of boards! Contact Rebekah if you are interested. Thank you to our Headlining Sponsor, Home Federal, for their support of our newest event!

items that went to a great cause benefiting our local school kids.

Thank you to all who donated items and their time to both of these causes.

The forms are available for the 2021 Fall Showcase of Homes.

Market to prospective clients by having them walk through your finished home and have a conversation about what they are looking for. $200 discount deadline is July 1st and the $100 discount deadline is July 29th. Final deadline is August 19th. Contact Audra with questions.

The 2021 Remodelers Tour will be here before you know it, and it’s never too early to prepare. What better way to market to prospective clients than to have them walk through a space to see your work firsthand and have a conversation about their project along the way.

Early registration deadline is July 29th, and Final deadline August 19th.

Contact Rebekah with questions.

Save the date: Member Appreciation Night on July 27th at Maywood Stone Barn.

Our members have been representing us well this month, and it is time to brag a bit about how helpful they have been. The 40 Below group did a good deed by participating in A Litter Bit Better on May 6th. They gathered helpful volunteers from various sources and Luke Stier cleaned up a trail just south of Stier Construction Bamber Lake. We also had a good 2021 RAB President turnout on non-perishable food

LUKE STIER President

Rochester Area Builders, Inc

7 | FOUNDATIONS NEWSLTR

GREAT TIME TO LOCK IN YOUR RATE

R E F I NAN C E YO U R H O M E GREG JOHNSON

JEANNE STRUCKMANN

LOAN ORIGINATOR

LOAN ORIGINATOR

Direct Line 507-258-2192 Email gjohnson@altra.org NMLS# 516974

Direct Line 507-421-7655 Email jstruckmann@altra.org NMLS# 411311

3833 Cascade Creek Rd. NW

(Corner of 19th St. & West Circle Drive)

123 16th Ave. SW, Suite 500 Rochester, MN

507-258-4500 • 800-755-0055 www.altra.org Contact Altra for more information. Equal Housing Lender. Federally insured by NCUA.

8 | MAY - JUNE 2021

ROCHESTER AREA BUILDERS, INC.

MEMBERSHIP REPORT April 2021 Membership Total: Retention rate:

411 87.7

As of April 30, 2021

WELCOME MAY 2021 MEMBER

COMMITTEE OPPORTUNITIES

ONE TO FOUR YEARS McNeilus Properties, LLC...............................2020 Junge’s Flooring..............................................2019 Godwin Dold.....................................................2017 Molin Concrete Products Company..............2017 Norbord.............................................................2017

PEAK REMODEL & DESIGN SOLUTIONS

FIVE TO NINE YEARS MedCity Consulting......................................................2016 Zillgitt Civil Design........................................................2016 Destination Building Center.......................................2015 Kimley-Horn & Associates, Inc.................................2015 Range Custom Homes, LLC.......................................2013 R. Fleming Construction, Inc.....................................2012

TEN TO 19 YEARS Advanced Building Center, Inc..................................2011 Braun Intertec Corporation........................................2011 Lacina Siding & Windows, Inc...................................2011 Burdick Builders, Inc....................................................2010 Data-Smart Computers, Inc.......................................2008 Kirkland Enterprises, LLC..........................................2007 Dolan’s Landscape Center, Inc..................................2006 Majestic Homes, Inc.....................................................2006 Med City Builders of Rochester, LLC.......................2006 Michael Jack, LLC.........................................................2006 Anderson Construction...............................................2005 Scott Berberich Construction, LLC..........................2004

20 YEARS & MORE Expert Insulation of Minnesota, LLC.............2001 Golden Tee Development................................2001 KTTC / KXLT-TV...............................................2000 American Waterworks....................................1999 CHS, Inc.............................................................1998 HGA Architects and Engineers......................1997 Sterling State Bank.........................................1993 Grinde & Dicke Law Firm P.A.........................1990 Countryside Builders, LLC..............................1989 People’s Energy Cooperative.........................1987 Thomas Tool & Supply....................................1987 North Risk Partners........................................1970 Post-Bulletin Company, LLC...........................1955

BRANDON MILLER

Remodeling Contractor (612) 432-7560 peakrdsllc.com

As a member of Rochester Area Builders, you a have an opportunity to get involved in one of our many Committees. If you are interested in participating in one of the following listed below, please reach out to Shelly.

• Ambassadors • Community Relations • Education • Golf Outing • Green Building • Home Show • Membership & Retention • Program • Showcase • Sporting Clay Shoot

RAB GOLF REGISTRATION MIGHT BE CLOSED, BUT YOU CAN STILL JOIN THE FUN...

Thursday June 3, 2021 10:00 AM - 5:30 PM Willow Creek Golf & Events

WE NEED DOOR PRIZES! GREEN SPONSOR (4)................................. $450 FUN PACK SPONSOR................................. $600 CIGAR CART SPONSOR.............................. $500 SPONSORSHIP FORM

Contact Shelly for more information

9 | FOUNDATIONS NEWSLTR

SEPTEMBER 18 - 19 & 25 - 26, 2021 11 AM - 5 PM The 2021 Fall Showcase will be here before you know it! Get your latest and greatest homes, townhomes, developments, and townhome communities out in front of the public.

DEADLINES:

1st Deadline: July 1 - $200 discount 2nd Deadline: July 29 - $100 discount Final Deadline: August 19 Entry information and forms can be found HERE

OVERALL EVENT SPONSOR

Remodelers SEPTEMBER 18 - 19, 2021 11 AM - 5 PM Do you have a remodeling project you would like to have open to the public so they can see the finished results firsthand?

The Remodelers Tour has been created to offer you this great marketing opportunity. It’s an excellent way to gain exposure for your company and your projects.

All remodelers are eligible to participate, including designers, landscape contractors, exterior contractors, and more.

DEADLINES:

Discount Deadline: July 29 Final Deadline: August 19 Entry information and forms can be found HERE

OVERALL EVENT SPONSOR

10 | MAY - JUNE 2021

RAB

FORTY o

BEL W CONNECTING. BUILDING. ENGAGING.

40 BELOW: BUILDING RELATIONSHIPS Thursday June 17, 2021 4:30 PM - 6:30 PM Little Thistle Brewing Co. 2031 14th St NW, Rochester Join us at Little Thistle to reconnect with and/or meet other young professionals in the building industry. The plan is to be outside, but to ensure we have an adequate amount of space please register

by June 15th. We look forward to seeing you there!

11 | FOUNDATIONS NEWSLTR

BUILDERS, BAGS & BREWS DATE: Saturday, August 7th LOCATION: Olmsted County Fairgrounds

Builders, Bags, & Brews is an annual community bags tournament and fundraiser for local nonprofits. In 2021, funds raised will go towards Jeremiah Program.

More details to come for team registration.

Contact Rebekah with questions.

PRESENTED BY

FORTY

RAB

Sponsorships Now Available!

o

BEL W CONNECTING. BUILDING. ENGAGING.

BENEFITING

HEADLINING SPONSOR

12 | MAY - JUNE 2021

UNIFIED DEVELOPMENT CODE Rochester, Minnesota Installment 2 Hello Members: The City of Rochester has officially released the second installment of the draft Unified Development Code (“UDC”). Click here for the full text of the second installment. The focus of this installment is the applicable dimensional and design standards for each zoning district. The following is a summary list of the items addressed in this installment: • Subdivision Standards • Access and Connectivity • Sensitive Lands, Wetlands, Stormwater, and Drainage • Landscaping, Bufferyards, and Fences • Site and Building Design • Parking, Loading, and Stacking • Exterior Storage • Exterior Lighting • Signs • Incentives • Maintenance and Operation Clarion Associates and City staff presented the second installment to City Council this Monday and received feedback from the council regarding the proposed changes. Click here for the meeting agenda containing the presentation. We have been working with the City to provide multiple opportunities for our members to ask questions and provide comments on the second installment. We will be sending out meeting opportunities to the membership in June where you will all have a chance to engage with the City on this important topic. The terms of the UDC will govern development in our community for years to come and it is vital that each and every member has the chance to provide input during this process. If you have any questions or comments to make on the proposed installment, please reach out to Rick Dold or John Eischen at the email addresses below. Thank you for supporting development in our community by engaging with the City to develop a better zoning code.

Sincerely, Rick Dold Rick@godwindold.com John Eischen John@RochesterAreaBuilders.com

13 | FOUNDATIONS NEWSLTR

Goodin Company carries a full complement of products for the markets we serve.

Are you in need of products for plumbing, HVAC, industrial, or pump and well applications?

We are your Source of Supply, serving the industry since 1937.

PLUMBING

HVAC

Goodin Company maintains a complete inventory in a wide range of major brand plumbing products for both residential and commercial plumbing contractors.

To support our plumbing inventory, we maintain showrooms in many of our branch locations.

Our HVAC division encompasses both hydronic and warm air heating as well as central and split system air conditioning equipment for residential and commercial systems. We also provide technical support in design and layout.

INDUSTRIAL

PUMP AND WELL

We supply a wide range of industrial pipe, valves, and fittings. To compliment our pipe inventory, we offer a complete in-house pipe fabrication service in which we are able to cut, thread and groove pipe to our customers’ specifications.

Goodin Company’s pump and well division maintains a complete inventory of pumps and repair parts for the residential water well drilling contractor, as well as the large commercial or municipal driller.

MINNEAPOLIS (612) 588-7811 ST. PAUL (651) 489-8831 DULUTH (218) 727-6670 DETROIT LAKES (218) 847-9211 ST. CLOUD (320) 259-6086

BRAINERD (218) 828-4242 ROCHESTER (507) 529-1284 FARGO (701) 298-3210 SIOUX FALLS (605) 332-3444 OMAHA (402) 331-6813 www.goodinco.com

EAU CLAIRE (715) 830-1800 WAUSAU (715) 675-2513 MADISON (608) 663-0331 MILWAUKEE (262) 781-1770 GREEN BAY (920) 884-9494

14 | MAY - JUNE 2021

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.

15 | FOUNDATIONS NEWSLTR

16 | MAY - JUNE 2021

HMI: Building Materials Top Housing Concerns

BY ROBERT DIETZ on MAY 17, 2021 Builder confidence held stable in May, despite growing concerns over the price and availability of most building materials, including lumber. The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) shows that builder confidence in the market for newly built single-family homes is 83 in May, unchanged from April.

Builder confidence in the market remains strong due to a lack of resale inventory, low mortgage interest rates, and a growing demographic of prospective home buyers. However, first-time and first-generation home buyers are particularly at risk for losing a purchase due to cost hikes associated with increasingly scarce material availability. Policymakers must take note and find ways to increase production of domestic building materials, including lumber and steel, and suspend tariffs on imports of construction materials.

In recent months, aggregate residential construction material costs were up 12 percent year-over-year, and our surveys suggest those costs are rising further. Some builders are slowing sales to manage their own supplychains, which means growing affordability challenges for a market in critical need of more inventory.

With labor and lot availability a challenge in many markets, new home prices will rise through 2021.

Derived from a monthly survey that NAHB has been conducting for 35 years, the NAHB/Wells Fargo HMI gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.” The survey also asks builders to rate traffic of prospective buyers as “high to very high,” “average” or “low to very low.” Scores for each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor.

The HMI index gauging current sales conditions held steady at 88 and the gauge charting sales expectations in the next six months rose one point to 81. The component measuring traffic of prospective buyers fell one point to 73.

Looking at the three-month moving averages for regional HMI scores, the South rose one point to 84 and the West held steady at 90. The Northeast fell four points to 82 and the Midwest posted a three-point drop to 75.

The HMI tables can be found at nahb.org/hmi.

17 | FOUNDATIONS NEWSLTR

STUDS, STRUTS & ST

ET TOS

Forms Available For 2021 Studs, Struts & Stilettos Fashion Show Show off your creativity by submitting a design in this year’s fashion show! With the theme being “Strut through History”, your inspiration will come from historical figures, events, and/or a period in time. And as always, materials used in the building industry will be incorporated into the design. Enter today!

PRESENTED BY:

Design Entry Form Deadline: August 5th

A BENEFIT FOR:

OCTOBER 14, 2021 MAYO CIVIC CENTER Find us on Facebook! Click here to view pictures from past events and stay up to date with the latest news on Studs, Struts & Stilettos!

Follow us on STUDS, STRUTS & ST ET TOS

Become a Sponsor Deadline: August 20th

18 | MAY - JUNE 2021

Planting Roots + Building Connections ISG is proud to be a part of the growing Rochester community.

#ISGRochLaunch

Ribbon Cutting on February 5, 2021!

Architecture + Engineering + Environmental + Planning | ISGInc.com

19 | FOUNDATIONS NEWSLTR

Inflation from Economic Reopening is Here

BY JING FU on MAY 12, 2021 Both headline inflation and core inflation jumped in April, reflecting strong consumer demand for products and services as the economy reopens from the COVID-19 recession.

The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.8% in April on a seasonally adjusted basis, after an increase of 0.6% in March. It marks the largest increase since June 2009.

Excluding the volatile food and energy components, “core” CPI increased by 0.9% in April, after an increase of 0.3% in March. It is the largest increase since April 1982. The index for used cars and trucks increased by 10.0% in April, accounting for over a third of the seasonally adjusted all items increase.

Meanwhile, the indexes for shelter (0.4%), medical care commodities (0.6%), apparel (0.3%), and airline fares (10.2%) all rose over the month.

The price index for a broad set of energy sources declined by 0.1% in April, after ten consecutive increases from June 2020 to March 2021. While energy commodities decreased by 1.4%, energy services increased by 1.5%. The food index rose by 0.4% in April, after a 0.1% increase in March.

The indexes for food at home and food away from home rose by 0.4% and 0.3%, respectively.

During the past twelve months, on a not seasonally adjusted basis, the CPI rose by 4.2% in April, the biggest 12-month increase since September 2008. Meanwhile, the “core” CPI increased by 3.0% over the past twelve months, faster than a 1.6% increase in March. The food index rose by 2.4% and the energy index rose by 25.1% over the past twelve months.

NAHB constructs a “real” rent index to indicate whether inflation in rents is faster or slower than overall inflation.

It provides insight into the supply and demand conditions for rental housing. When inflation in rents is rising faster (slower) than overall inflation, the real rent index rises (declines). The real rent index is calculated by dividing the price index for rent by the core CPI (to exclude the volatile food and energy components).

In April, the Real Rent Index declined by 0.7%, after a 0.2% decrease in March. Over the first four months of 2021, the monthly growth rate of the Real Rent Index declined by 0.2%, on average.

20 | MAY - JUNE 2021

PROFILE ENHANCEMENTS STANDARD

• Company name, address and phone number • Website, address map, and phone button • 5 categories

UPGRADED

ENHANCED

PREMIUM

(Includes Standard Listing)

(Includes Upgraded Listing)

(Includes Enhanced Listing)

• 12 categories • Company Description (200 characters) • Keywords (240 characters)

• Company Description (1600 characters)

• Logo on search results • Social networks can be added

• Keywords (unlimited characters)

• Hours of Operation

• 200 characters on search results

• Driving Directions

• Bulleted list

• Photo Gallery can be added • YouTube video can be added

• Logo on profile page

No additional Charge

$100 annually

$300 annually

$500 annually

BANNER ADS Construction Professionals Building Your Community

Choose from the following options for placement: • All Categories cost $599/year • Directory Search (plus results) cost $499/year • All Events on Member Information Center

cost $399/year

• Specific Category & Quick Link (plus letter)

cost $399/year

• Quick Link Only & Business Directory Map

cost $299/year

• Hot Deals, Job Postings, Marketspace, Weather

cost $299/year

Advertisers get higher placement in all assigned Directory categories.

Ads may be changed out periodically.

CONTACT: Audra Bolduan Audra@RochesterAreaBuilders.com

WEBSITE BROCHURE

21 | FOUNDATIONS NEWSLTR

BUILT ON SOLID TRUST Call us today to talk about financing your building project.

www.bankonONB.com Peter E Erickson SVP - Commercial Real Estate NMLS #808995 (507) 424-1562 pete@bankononb.com

Crystal Hughley

Residential Real Estate NMLS #1389898 (507) 424-1571 crystal.hughley@bankononb.com

22 | MAY - JUNE 2021

An event to support construction educational opportunities.

27TH ANNUAL GOLF OUTING

Willow Creek Golf Course

AUGUST 20

1700 48th St SW Rochester, MN 55902

FRIDAY | 2021

11 am | REGISTRATION & LUNCH 12 pm | SHOTGUN START

$110

Early registration received before August 1

Registration Includes

$120

Final registration received between August 2-13.

Registration & Sponsorships available on Eventbee.

• 18 Holes of Golf • 1/2 Cart • Golfer Gift • Lunch • 1 Door Prize Raffle Ticket

*Registration opens in June

nawicsemn.org

For questions, contact: Jessi Hanson | 507-272-8232 | info@nawicsemn.org

@NAWICSEMN

Follow us for more information on other chapter events!

23 | FOUNDATIONS NEWSLTR

24 | MAY - JUNE 2021

ROCHESTER BUILDING PERMITS

APRIL 2021

2012 2013 2014 2015 2016 2017 2018

NEW RESIDENTIAL

2021

Single Family Dwelling

19

5,961,802

17

5,155,849

0

0

0

0

Townhome Dwelling

VALUATION 2020

VALUATION January

6

19

11

20

25

15

19

February

20

15

14

19

15

20

March

32

29

28

30

31

44

39

25

22

33

45

129 113

110

160

Two-Family Houses

0

0

2

490,000

Manufactured Home

0

0

0

0

April

29

127

14,800,000

0

0

TOTAL

109

Multi-Family Bldgs (Units)

2019 2020 2021

EXISTING RESIDENTIAL

6

17

16

5

13

8

25

27

32

35

40

23

19

19

167 128

84

81

85

May

22

27

35

19

56

43

28

27

19

June

32

33

47

51

41

52

38

31

21

July

39

39

38

29

44

45

36

26

26

August

38

21

60

33

47

30

31

24

17

September

22

22

23

27

52

35

39

12

30

October

23

34

35

49

25

36

29

27

28

November

22

26

26

23

12

41

21

47

23

December

14

22

27

42

37

33

25

34

21

TOTAL

299

326

369

369

418 429 347

289

266

Deck Addition

34

69,136

11

76,000

Room Addition

0

0

2

140,000

Porch Additions

4

69,000

0

0

Other Additions

3

23,100

1

32,376

Basement Finish

30

548,288

8

202,000

Alterations

51

649,826

24

335,139

Multi-Family Addition

0

0

0

0

Multi-Family Alterations

5

70,500

9

1,747,533

Assembly (Church)

0

0

0

0

Assembly (General)

1

3,000,000

0

0

Assembly (Restaurant/Bar)

0

0

0

0

Business

0

0

0

0

BUILDING PERMITS ISSUED TO DATE

Education

0

0

0

0

23

85

*Total may differ as permits may have been voided.

NEW COMMERCIAL YEAR TO DATE STATISTICS

NO.

2021 VALUATION

NO.

2020 VALUATION

655

163,357,124

488

130,791,680

Single Family Dwelling

77

26,191,487

71

21,413,370

Multi-Family Buildings Total Units: 127

1

14,800,000

1

10,640,000

TRADE PERMITS ISSUED TO DATE

3549

43,339,762

2878

42,546,540

1349

19,310,351

1078

19,213,587

Factory/Industrial

0

0

0

0

Institution

0

0

0

0

Mercantile

1

1,300,000

0

0

Miscellaneous

0

0

0

0

Residential (Apartment)

0

0

0

0

Electrical

Residential (Care/Assisted Living)

0

0

0

0

Electrical (Temp. Service)

83

28,555

86

38,950

Residential (Care/Hotel/Motel)

0

0

0

0

Mechanical (HVAC)

926

11,428,661

672

11,851,370

Storage (General)

0

0

0

0

Mechanical (Gas Piping)

212

245,876

191

352,610

Storage (Parking Garage)

0

0

0

0

Mechanical (Fireplace)

123

643,735

104

445,750

Storage (Warehouse)

0

0

0

0

Mechanical (Hydronic)

Utility (General)

0

0

0

0

Plumbing

Utility (Private Garage)

0

0

0

0

1

580,580

2

5,134,059

30

33,036,688

15

4,507,471

Structural Shell

0

0

0

0

“White Box”

1

3,000,000

0

0

Interior Demolition Only

0

0

2

502,500

Other Phased Permits

0

0

0

0

TOTAL PERMITS YTD

54

3,578,055

67

1,999,612

802

8,104,529

680

8,644,661

4204

206,696,886

3366

173,338,200

EXISTING COMMERCIAL Addition Alterations

APRIL 2021

BYRON

BUILDING PERMITS

OTHER CONSTRUCTION Business Signs

12

112,704

3

23,668

Advertising Signs

0

0

0

0

Footings & Foundations

0

0

1

75,000

Demolition

2

0

3

0

Information and downloads available at Rochester Building Safety Department’s website: https://www.rochestermn.gov/government/departments/building-safety/reports-building-permits/building-permits-2021

NUMBER

VALUATION

Single Family Detached

NEW RESIDENTIAL

2

829,900

Single Family Attached

0

0

Existing Residential Basement Finish

3

85,000

Deck Addition

6

147,450

Solar

2

3,534

New Commercial

0

0

Commercial Alteration

0

0

COMMERCIAL

MARCH 2021

PINE ISLAND

BUILDING PERMITS

NEW RESIDENTIAL

NUMBER

VALUATION

Single Family Detached

0

0

Single Family Attached

4

920,000

Existing Residential Basement Finish

0

0

Deck Addition

4

30,360

25 | FOUNDATIONS NEWSLTR

OLMSTED COUNTY PERMITS YTD

2021

VALUATION

2020

VALUATION

10

2,366,574

7

Single Family-Attached

0

0

0

0

4

187,001

1

61,010

1,691,240

Deck

4

16,590

0

0

Addition

3

205,335

2

24,960

25

313,725

22

309,712

1

17,477

1

9,612

RESIDENTIAL

Alterations Garage Addition

Recreational

0

0

0

Church/Religious

0

0

0

0

Industrial/Warehouse

1

136,056

0

0

Service/Repair Station

0

0

0

0

Store/Restaurant

0

0

0

0

Nonresidential Building

1

134,573

0

0

VALUATION $0 PERMITS 0

2020

VALUATION

Addition

0

0

1

422,867

Alterations

1

41,000

1

2,850

Re-roofing

0

0

2

8,250

Pool, Retaining Wall, etc.

5

111,790

2

88,383

Manufactured Homes

0

0

26

0

Mechanical

52

311,735

67

952,194

Plumbing

27

187,281

42

774,221

140

4,029,147

196

12,162,948

OTHER STRUCTURES

MISCELLANEOUS PERMITS

NEW COMMERCIAL/INDUSTRIAL

2020

VALUATION

COMMERCIAL/INDUSTRIAL

Single Family-Detached Garage

2021

NEW RESIDENTIAL

APRIL 2021

0

TOTAL PERMITS

OLMSTED COUNTY PERMITS APRIL

2021

VALUATION $432,595 PERMITS 5

EYOTA

VALUATION $177,259 PERMITS 11

VALUATION $317,980 PERMITS 18

VALUATION $6,063 PERMITS 17

MARION

VALUATION $293,896 PERMITS 9

VALUATION $0 PERMITS 0

ORONOCO TWP

VALUATION $416,084 PERMITS 11

VALUATION $0 PERMITS 0

QUINCY

VALUATION $317,352 PERMITS 20

STEWARTVILLE

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 4-2018

4-2019

4-2020

4-2021

4-2018

4-2019

4-2020

4-2021

4-2018

4-2019

4-2020

4-2021

4-2018

4-2019

4-2020

4-2021

4-2018

4-2019

4-2020

4-2021

4-2018

4-2019

4-2020

4-2021

4-2018

4-2019

4-2020

4-2021

4-2018

4-2019

4-2020

4-2021

4-2018

4-2019

4-2020

4-2021

4-2018

4-2019

4-2020

4-2021

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

4-2020

4-2021

Percent Change

YTD 2020 YTD 2021

594

726

+ 22.2%

2,123

2,159

+ 1.7%

511

720

+ 40.9%

1,868

2,126

+ 13.8%

448

471

+ 5.1%

1,538

1,541

+ 0.2%

64

37

- 42.2%

70

47

- 32.9%

$216,250

$227,000

+ 5.0%

$210,000

$225,000

+ 7.1%

$236,486

$262,147

+ 10.9%

$235,957

$253,678

+ 7.5%

97.8%

100.3%

+ 2.6%

96.4%

98.7%

+ 2.4%

195

188

- 3.6%

201

190

- 5.5%

1,200

486

- 59.5%

--

--

--

2.3

0.8

- 65.2%

--

--

--

Percent Change

Current as of May 4, 2021. All data from Southeast Minnesota REALTORS® and NorthstarMLS®. Provided by the Minnesota Association of REALTORS®. Report © 2021 ShowingTime. | 2

26 | MAY - JUNE 2021

Gains for Single-Family Built-for-Rent Ahead?

BY ROBERT DIETZ on MAY 19, 2021 Counter to expectations, the number of single-family homes built-for-rent (SFBFR) construction starts posted a year-over-year decline for the first quarter of 2021. The SFBFR market is a way to add single-family inventory amid concerns over housing affordability and downpayment requirements in the for-sale market, particularly during a period when people want more space and a single-family structure. Single-family built-for-rent construction differs with respect to structural characteristics compared to other newly-built single-family homes, particularly with respect to home size.

According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions

by Purpose and Design, there were approximately 7,000 single-family built-for-rent starts during the fourth quarter of 2020. This was a 22% decline relative to the first quarter 2020 total of 9,000. Over the last four quarters, 42,000 such homes began construction, which is about flat compared to the 41,000 estimated SFBFR starts for the four prior quarters.

Given the small size of this market segment, the quarter-to-quarter movements typically are not statistically significant. The current four-quarter moving average of market share (4.1%) remains higher than the historical average of 2.7% (1992-2012) but is down from the 5.8% reading registered at the start of 2013.

Importantly, as measured for this analysis, this class of single-family construction excludes homes that are sold to another party for rental purposes, which NAHB estimates may represent another two percent of single-family starts. The estimates in this post only include homes built and held by the builder for rental purposes. It is possible this share is rising, and we will have future survey results to explore it.

With the onset of the Great Recession and declines in the homeownership rate, the share of builtfor-rent homes increased in the years after the recession. While the market share of SFBFR homes is small, it has been trending higher. As more households seek lower density neighborhoods and single-family residences, but some must do so from the perspective of renting, the SFBFR market will likely expand in the quarters ahead as the economy recovers from the virus crisis.

ulti-County HRA + Space Spring Valley + St. Charles tville EDA + Stier Construcs Paint and Decorating + t Rentals + Superior Sylvester Construction, LLC uction, Inc. + Thimijan + Thompson's Garage Door ompanies, LLC + Tonna chester, Inc. + Townsquare Builders + Tri Star Insulation ete Forms + TSP Architects & Rentals + The Urban Studio, nies + Viking Automatic

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

Inc. + Spring Grove EDA + Spring Valley Overhead Door, Inc. + Stantec + Sterling State Bank + Stevens Heating, Inc. + Builders, LLC + Stonybrook Builders of Rochester, Inc. + Custom Homes, LLC + Summit Fire ProtectionNEWSLTR Company + 27 | FOUNDATIONS Craig Swanson Builders, Inc. + Swenke Ims Contracting, LLC + Materials, Inc. + Thatcher Pools & Spas, Inc. + Thiemann Custom Homes, LLC + Think Mutual Bank + Thomas Tool & and Openers + Tile Superstore & More + TLC Surfaces, LLC + Mechanical, Inc. + Top Shop of Rochester, Inc. + Total Electric Media Rochester + Tradesmen International, Inc. + Traditional + Tri-State Business Machines, Inc. + Tri-State Insulated Engineers + Tulip Tree Studios + Turri Crane Service, Inc. + LLC + U.S. Bank + Valor Mechanical, Inc. + Val-U-Blinds + Veit

2021

N ews l e t t e r Advertising

Sprinkler Company + Viking Electric Supply + Vision Homes & eling, LLC + WA Insurance + Warners' Stellian Appliance Co., Inc. + Waste Management + J. Waugh uction, LLC + Weis Builders, Inc. + Greg Wellik Construction + Wells Concrete + Wells Fargo Bank ota NA + Wells Fargo Home Mortgage + Wells Fargo Home Mortgage East + Wendland Utz + Electric + West Bank + West Concord EDA + Jim Whiting Nursery & Garden Center, Inc. + WHKS & Wildwood Sports Bar and Grill + Wilson Tibor & Maves, Ltd. + Wintrust Mortgage + Wobig Construction, LLC + Women Communications, LLC + Workforce Development, Inc. + Wright Homes, Inc. The Rochester Area Builders Newsletter is an unbeatable opportunity to advertise to members and individuals associated with ing + Xcel Energy + XRG Concepts, LLC + Your Home Improvement Company + Zen Custom Homes + Zillgitt Civil Design + Zimprovements = RAB

RAB. It is a source of valuable association and industry information, and is published and emailed monthly. Foundations is sent to over 900 connected industry professionals. The sizes of ads are listed under Display Ad Dimensions, and prices are located below. Ads may be changed from month to month.

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Business Name ____________________________________________________________________ Contact __________________________________________________________________________ Phone number ____________________________________________________________________ Fax ______________________________________________________________________________ Email ____________________________________________________________________________ A&A Electric & Underground, Inc. + AB Systems, Inc. + Abacus Engineering + Abbco Company + ABC Supply Company, Inc. - North Rochester + ABC Supply Co., Inc. + 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. + Ag Services, Inc. + J.F. Ahern Co. + Alexander & Sons Builders + All Craft Exteriors, LLC + All Sons' Exteriors, Inc. + Mike Allen Homes, LLC + Allen Outdoor Solutions, LLC + Allied Building Products + All-Star Basements + Altra Federal Credit Union + American Engineering Testing, Inc. + American Waterworks + Ames Construction, Inc. + Andersen Windows, Inc. I have read, understand and agree to the terms of this contract. + 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. + Al Barker Custom Homes, Inc. + Barton Brothers Construction, Inc. + Basement Water Control + Batzel Builders, Inc. + BDS Contract Door & Hardware Co. + Beckley's Office Products + Beetles Bar & Grill, Inc. + Benike Construction + Scott Berberich Construction, LLC + Beyond Kitchens, LLC + Bigelow Homes + Bigelow-Lennon Construction, LLC + Blooming Prairie EDA + The Blue Book of Building & Construction + Bobcat of Rochester + Bob's Construction, Inc. + The Boldt Company + Bolton & Menk, Inc. + Brandl Anderson Homes, Inc. + Brandrup Builders + 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 + Tom Brogan Heating & Air Conditioning + 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. + City of Byron + Cachiaras Building & Remodeling + Cambria + Carpet One + CarpetsPlus of Rochester + Castlewood Homes, Inc. + Cemstone Supply + Centurion Ridge, LLC + Charlie's Eatery & Pub + Charter Communications/Spectrum Reach + Charterpoint Wealth Strategies + Chatfield Lumber Company, Inc. + City of Chatfield + Chladek Construction, LLC + Chosen Valley Testing, Inc. + Christian Brothers Cabinets + CHS, Inc. + Citizens One Home Loans + City of Kasson + Citywide Insulation, Inc. + Claremont EDA + Clayton Thomas Blinds of Rochester + Clements Chevrolet Cadillac + CliftonLarsonAllen, LLP + Coldwell Banker Burnet + Comfort Air, Inc. + Commercial Leasing Services + 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. + Countryside Builders, LLC + Cravath Homes, LLC, dba Accessibility Solutions + Creative Curb Appeal + Creative Hardwood Floors + Crescent Electric Supply Company + CRW architecture + design group + Culligan of Rochester & Kasson + Curry's Custom Cut Gutter, LLC + Curtin Drywall, Inc. + Custom Alarm / CCI + Custom Hardwoods + Custom Homes by Bradley, Inc. + Custom Retaining Walls & Landscaping, Inc. + D2E, LLC + Dahl Home Builders, Inc. + Dakota Supply Group, Inc. + Data-Smart Computers, Inc. + DeCook Builders, LLC + DeGeus Tile & Granite + Derby Construction, LLC + The Design Connection + Design Studio B + Destination Building Center + Destination Flooring Rochester, LLC + 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 + DreamMaker Bath & Kitchen + 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 + Todd Eidem Construction, Inc. + Elcor Construction, Inc. + Elcor Realty of Rochester, Inc. + City of Elgin + 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. + Exclusive Home Builders & Remodelers + Expert Insulation, Inc. + Express Employment Professionals + Extreme Panel Technologies, Inc. + City of Eyota + EZ Fabricating, Inc. + F&M Community Bank + Fairway Outdoor Advertising, LLC + Fat Willy's Bar & Grill + Jeff Feece Designs + Ferguson Enterprises + Ferguson Truck & Trailer Sales + Fieldstone Family Homes, Inc. + Fillmore County EDA + First Alliance Credit Union + First Choice Homes, LLC + First Security Bank + R. Fleming Construction, Inc. + FloCore + Ford Metro, Inc. + Foster Construction, Inc. + Franklin Energy + Frattalone Companies, Inc. + Chris Fritsch Custom Homes, LLC + Gander Plumbing & Heating, Inc. + Dale Gathje Construction, Inc. + Steve Gentry Construction, LLC + Gerhards - The Kitchen & Bath Store + Robert Gill Builder, Inc. + Godwin Dold + Goodin Company + GP Development, Inc. + Grand Meadow EDA + Great River Overhead Door + Green Lawncare Irrigation & Service Co. + H&H Company of Rochester, LLC + Habitat for Humanity - Rochester Area + Haley Comfort Systems + W.L. Hall Company + Hamilton Plumbing + Hammer Homes, Inc. + Hanson Construction & Specialty Cabinets, LLC + James Hardie Building Products + Harmony EDA + Harmony Insurance Group + Joe Hartert Builders, LLC + Hartman Complete Lawncare, LLC + Hayfield Window & Door Company + HDR Architecture + Heartland Security + Heartman Insurance + Heartwood Homes of Rochester, Inc. + Brandon Henderson's Construction Plus, LLC + Hentges Glass Company + HGA Architects and Engineers + Hicks Electric, Inc. + Higgins Custom Cabinetry + High Definition Homes, LLC + Highmark Builders + Hiller's Flooring America + HiMEC at Home + Jeff Hinkle Custom Homes, Inc. + Hirshfield's Decorating Center + The Home Depot + Home Federal Savings Bank + Home Improvement Professionals, Inc. + Home Systems Installation, LLC + HomeOnTrack + HomePro Home Inspections, Inc. + Horizon Equipment, LLC + Houston County EDA + Hoyer Construction, LLC + Hunt Electric Corporation + Hutch's Custom Cabinets + Hy-Vee Stores + Int'l Brthrhd of Electrical Wrkrs Local 343 + ICC Restoration & Cleaning Services + iHeartMedia + Image Smartz, LLC + Innovative Surfaces, Inc. + Installed Building Solutions II, LLC + Insty Prints + IntegraSpec Central/Jeff Mueller Construction + Interiors by J.Curry, LLC + J&M Consulting + Michael Jack, LLC + Jaguar Communications + JP's Construction Remodeling & Repair, Inc. + K&M Glass Company + K&S Heating, A/C, Plumbing & Electrical + Kahler Hospitality Group + Tom Kalmes Construction, Inc. + Kariel, Inc. + M.P. Kaye Builders, Inc. + Key Builders, Inc. + Kimley-Horn & Associates, Inc. + KIMT - CBS 3 + King's Flooring, LLC + Kirkland Enterprises, LLC + The Kitchen Design Studio + Kitchens Plus + Gary Kline Roofing, Inc. + Knutson Construction Services + KNXR FM - Minnesota 97.5 + 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 + City of Lanesboro + 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. + Maas Companies, Inc. + Madery Construction, LLC + Maier Tree & Lawn + Majestic Homes, Inc. + R.J. Manemann Custom Homes + 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

Signature:

Contact Rochester Area Builders, Inc. Attn: Shelly Bahlmann 108 Elton Hills Ln NW Rochester, MN 55901 Phone: (507) 282-7698

Fax: (507) 282-6351 E-Mail: Shelly@RochesterAreaBuilders.com

28 | MAY - JUNE 2021

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29 | FOUNDATIONS NEWSLTR