The Florida operation, headed by Jeffrey s late father, Marvin, has been defunct since the 1980s. While the company motto, Orleans builds value, hasn t changed, the housing mix is different. That puts them in the 61st position in the Giant 400, compared to 87th last year. Despite being one of the most profitable home builders in the Philadelphia area, Orleans has to face the reality that land is disappearing. There s not a lot of building opportunity in the Delaware Valley, he says.
Ground is at a critical point.
We have a backlog for at least the next five years and we hope to maintain that, but it s getting harder and harder. We re spreading into central New Jersey. The market is very competitive, but still within a reasonable drive of our office. We re mostly in the large markets in North Carolina Charlotte and Raleigh. Other than the name change, Orleans expects the Parker Lancaster organization to remain intact.