Ivory Homes
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| Company type | Partnership |
|---|---|
| Industry | Construction |
| Founded | 1964 in Salt Lake, Utah |
| Founder | Ellis Reed Ivory |
| Headquarters | , United States |
Key people | Clark Ivory (CEO) Ellis Reed Ivory (Founder) |
| Revenue | US$490 million (2018) |
Number of employees | 240 (as of December 2018)[1] |
| Website | www |
Ivory Homes is an American housing construction company that is active mainly in Utah.[2]
History
[edit]Ellis Clark Ivory ventured into the real estate business. In 1964, Ellis embarked on a real estate career. This led to the creation of Ivory Real Estate. In 1968, Terracor was chosen to expand their ventures, but Ellis resigned in 1970 due to financial concerns.
In 1971, Ellis founded Ivory and Company, focusing on land brokerage and residential development.
In 2018, Ivory Homes partnered with Woodbury Corporation in proposing a project for the vacant former Cottonwood Mall site. This proposal was a mixed-use project with apartments, single-family homes, and commercial use.[3] It was approved by the Holladay City Council[4] but later challenged by a group of local residents because of its high density.[5] The proposal was placed on the residential midterm election ballot; the residents voted against the project, and the Supreme Court ultimately ruled in opposition to the proposal.[6]
References
[edit]- ^ "Ivory Homes". Data.com. Retrieved October 19, 2011.
- ^ "No Upturn in sight, Utah home builders get inventive". Salt Lake Tribune. Retrieved October 19, 2011.
- ^ "Holladay Quarter Project". Holladay Quarter. Retrieved November 29, 2018.
- ^ "Revised Plan Unanimous Approval". Holladay City Journal. Retrieved November 29, 2018.
- ^ "Holladay Residents Hope to Block Cottonwood Mall development". Deseret News. Retrieved November 29, 2018.
- ^ "Utah Supreme Court: Residents' vote to block development at old Cottonwood Mall stands". Deseret News. Retrieved November 29, 2018.