Jerry McBride, CEO of Skylake Construction, said he bided his time during the years of the Great Recession and waited for the real estate market in DeSoto County to bounce back.
And bounce back it has.
"In 2013, I was watching the market up here," said McBride, who also has an affiliated company, SOS Realty, and the commercial arm of the business, M&R Builders.
Skylake Construction and affiliated companies have projects in DeSoto County, Rankin County, Oxford and Starkville. Projects include multi-family housing in the Columbus, Starkville and Oxford area.
Originally from Belzoni, McBride has invested his time and resources into growing communities like Southaven.
Last week, in conjunction with the opening of Rasco Road, Skylake Construction held the grand opening of Cherry Hill subdivision, off Rasco Road.
Homes in Cherry Hill are priced to sell, from $160,000 to $170,000 and average 2,200 square feet. The company is also building in Cherry Tree and plans another grand opening of yet another residential section in August.
"I moved to Southaven in 2005 and was doing appraisals," said McBride. "We were working for other people and building about 50 homes or so in a subdivision."
McBride decided to go into the construction business for himself.
"We've been in the construction business for 15 years," McBride said.
McBride said area banks were in possession of a surplus of lots and McBride waited until the time was right to begin construction on many of these lots.
Katie Mullican, marketing director for Skylake Construction, said the company has been building homes in the area since 2010.
"We have Cherry Hill as well as Cherry Tree, as well as subdivisions in Starkville and Brandon," Mullican said. "We are always looking to expand."
Mullican said the company can customize a home to any buyer's satisfaction.
"We aim for the first-time homebuyer," Mullican said. "We build a good-quality starter home for the first-time homebuyer. Our price range ranges from $160,000 to $190,000. We can do customized homes with amenities designed for the customer at affordable prices."
Robert Lee Long is Community Editor for the DeSoto Times-Tribune. He may be contacted at firstname.lastname@example.org or at 662-429-6397, Ext. 252.