Rhode Island homebuilders will
need to make changes in an effort to respond to these two forces of change.
Homebuilders like North Kingstown based Gil Bianchi Construction will need to
become closely involved with town council members and attempt to reduce lot size
barriers to allow for higher-density and mixed-use developments. Mr. Bianchi
will need to consider how to accommodate customers wanting new homes as land
supplies decreased. Today, Bianchi construction focuses on building new
single-family homes.
In order to withstand a drastic reduction in the land
permits issued, Bianchi should begin to focus his efforts on condominium or
multifamily home building before the change arrives. In yesterday's market,
Rhode Island builders needed only to look at whether the future economy would
remain strong enough to encourage new home buyers. In contrast, the successful
construction manager of tomorrow will need to work hard to make growth even more
attractive to communities by planning for the distribution of land for
residential, commercial, and industrial uses while preserving environmentally
sensitive areas.
Bibliography
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