WSM Special Print Edition 2021 | Page 21

SPECIAL EDITION
As an organization , the LHM Group of Companies is always growing . That means new buildings , land acquisitions , construction , remodeling projects , and more . Overseeing all of this is Larry H . Miller Real Estate ( LHMRE ), which covers a wide range of real estate services , with a focus on commercial and real estate development , land acquisition , property management , and new investment opportunities . The organization is led by Brad Holmes , a Utah real estate veteran and LHM employee since 2012 .
On April 12 , 2021 , LHMRE announced that it had acquired Daybreak , a premier masterplanned community in South Jordan , Utah . The purchase consisted of more than 1,300 undeveloped acres , including ownership interest in a portion of existing commercial assets and future commercial development , as well as remaining undeveloped residential property . The transaction did not include existing homes within the Daybreak community and certain other assets .
Steve Starks , chief executive officer of the Larry H . Miller Group of Companies , said , “ We are excited to add the Daybreak community , one of the largest master-planned communities in the country , to our growing real estate portfolio .” Starks continued , “ We look forward to building on the already established success of this community with the remaining undeveloped commercial area and the thousands of residences to be built within this regional destination area .”
Today , Daybreak consists of a vibrant mix of urban homes , workplaces , shops , cafés and restaurants , and outdoor recreation opportunities . The development is focused on long-term sustainability and managed growth that includes multi-modal transportation choices , a variety of housing choices , local employment opportunities , open space and biodiversity , water conservation , energy-efficient infrastructure , education support and partnerships , and diversity and inclusivity , released earlier this year , ranks Daybreak at No . 5 in the nation and No . 1 in Utah , based on total home sales .
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