Location: Englewood, Colorado
After working for one of the nation’s largest homebuilders, David Lemnah saw an opportunity to launch something unique: a privately-held, Colorado based homebuilder that would offer alternatives in a market controlled by national big-box builders.
“He wanted to offer a local perspective when interacting with trade partners, homebuyers and industry talent, and after 10 successful years of growth, the formula at Lokal Homes continues to work,” his team said.
Today Lokal Homes is thriving, with 80 employees and nearly 2,000 homes delivered and more on the way. The company, under Lemnah’s leadership as president, is working to meet the high demand for townhomes and condominiums in the Denver area.
The company is among the top 125 largest homebuilders in America and has been recognized as being a top workplace and an excellent business partner with trades and vendors.
“The outlook for Lokal Homes over the next five years is very strong,” Lemnah said. “Colorado desperately needs more housing, and Lokal offers unique and attainable options to fill the demand. The company is projected to continue growing — with over 600 home closings per year — while also being committed to delivering an unrivaled experience for homebuyers, trade partners and employees.”
Lemnah said the key to the company’s success is its adherence to a core set of values, which every employee is expected to follow.
“We expect our employees to act like owners, collaborate and inspire, be process-driven, express gratitude and show up and kick ass,” the company said.
Lemnah has achieved many accolades during his career, before and after founding Lokal Homes. He holds a bachelor’s degree in business from the University of North Carolina as well as an MBA from Loyola University Maryland. He has consulted for some of the largest organizations in the world, including The Walt Disney Company and the United States Department of Defense.
After launching Lokal Homes in 2012, the company’s meteoric rise was recognized by many local and national publications. Examples of accolades that Lokal Homes and David Lemnah have received include: Builder Magazine 2021 Top National Homebuilders; Professional Builder Magazine 2021 Top National Homebuilders; The Denver Business Journal Annual Local Business Awards (Growth and Culture Recognition).
“These examples are just a few of the many reasons why David Lemnah is regarded as a well respected businessman who also sincerely cares about his employees, customers and industry partners,” his staff said.
"We expect our employees to act like owners, collaborate and inspire, be process-driven, express gratitude and show up and kick ass."