The next phase As Jordan previously estimated, Mondev currently has at least 2,000 units in the pipeline, all taking place on land the company has owned for several years now. In 2023, he says they started construction of over 1,200 units, and this year they hope to replicate or exceed that number. By next year, they hope to have started the development on all or at least most of the land they had previously purchased. “Again, these are all old files,” Jordan reiterates. “We’ve owned the land for several years and now we’re trying to get everything off the ground so that we’ll be in a significantly stronger position in the years to come.” Delivering those units won’t take up all the company’s attention, however. Because they had such a large inventory of land, they recently took a two-year hiatus from buying more land, but in 2024 that hiatus ends and “we’re going to start the FEBRUARY 2024
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