Lockwood Development
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Company Information
 

     The Lockwood Development is a Michigan limited liability company specializing in the development and production of new and rehabilitated multiple-family housing, congregate care housing for the elderly, condominiums and single-family lots. The company was established by Rodney M. Lockwood, Jr. and Carl E. Skrzynski, in 1987, and has been directly involved in the development of over 2,000 residential units. Its principals have over 30 years of collective experience, producing over 5,100 units in various residential communities.
     The Lockwood Development has close working relationships with leading professionals in the fields of market research, land planning, landscape architecture, civil engineering, architectural design, traffic analysis, geo-technical consulting, environmental assessment, interior design, construction and product marketing. Within a structured framework of financial control, The Lockwood Development directs this team of professionals to build attractive, cost-effective and lasting communities.
     The Lockwood Development has long-term relationships with national and local equity sources and private and government lenders, which have provided over $162,000,000 in financing for its developments. In addition, through active involvement in housing industry trade organizations and associations, the Lockwood Development staff continually maintains an in-depth knowledge of the latest available federal and state housing finance programs.
     The Lockwood Development participates in the development of housing in a variety of ownership roles. Whether developing for its own portfolio, as a joint venture partner, or in a consulting role, its staff employs the same resourcefulness and entrepreneurial spirit in pursuit of all of its housing development opportunities.
     The "quality and value" philosophy of The Lockwood Development flows from its affiliation with Lockwood Construction Company.  Founded in 1944 by Rodney M. Lockwood, Sr., an acknowledged "pioneer of the modern housing industry," Lockwood Construction Company has since built over $1.2 billion of housing in the state of Michigan.  Rodney M. Lockwood, Sr. brought many innovations to the housing industry, including the furnished model home, which are still in widespread use today.
     In the 1940's and 1950's Mr. Lockwood, Sr. was called upon by Presidents Truman and Eisenhower to serve on government task forces trying to solve the nation's housing needs.  He authored the "Lockwood Report," which did much to alleviate housing material shortages by serving as a blueprint for transforming the war-time economy to domestic production.  Mr. Lockwood, Sr. also led the National Association of Home Builders' move to found FNMA.  He was elected President of the National Association of Home Builders in 1949 and later served as a Director of the prestigious Urban Land Institute.  In recognition  of his vision and influence on the post-war housing industry, Mr. Lockwood, Sr. was one of the original inductees into the National Housing Hall of Fame in Washington, D.C.
     In 1986, Rodney M. Lockwood, Jr. succeeded his father as President of Lockwood Construction and refocused its direction as an new era of multi-family housing was beginning.  Both The Lockwood Development and the Lockwood Construction companies are strongly committed to preserving the traditions and values of Rodney M. Lockwood, Sr., which have proven successful for more than 50 years.

 

 


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