Cordelle Development Corporation

What Cordelle Development Corporation does

Cordelle Development Corporation is a privately held, family-owned custom home builder and land developer operating in Central New York since 1964. Headquartered in Manlius, NY, and controlled by the DeForest family across multiple generations, the company has built over 500 custom homes and developed more than five residential communities across Onondaga, Madison, and Oneida counties, including Crown Point (since 1989, 160+ families), Summit Meadows at Crown Point (66 sites), Hunter's Ridge, Mallards Landing, Paladin Park, and Tacoza. Its portfolio also includes a mixed-use expansion (Paladin Park) featuring commercial, retail, and office components alongside 56 luxury residential units.

The company's core products are five model home designs (The Newport at 3,486 sq ft, The Marlburough, The Westbrooke at 2,800 sq ft, The Rockingham at 2,500 sq ft, and The Donnybrook at 2,120 sq ft) targeting affluent individual home buyers in the Fayetteville-Manlius school district. Construction emphasizes energy-efficient building practices (Anderson Silverline windows, R21/R49 insulation, high-efficiency HVAC, Thermatru insulated doors) and premium interior finishes (oak hardwood floors, granite/quartz countertops, GE stainless appliances, Carrara marble, gas fireplaces). Sales and marketing are conducted direct-to-consumer through the company website, Matterport virtual tours, Instagram (@cordelledevelopment), model home visits at two Jamesville locations, and participation in the CNY Parade of Homes (hosted in October 2018).

Revenue is generated primarily through one-time custom home construction contracts and lot sales within company-developed communities, with starting prices in the mid-$400,000s at Hunter's Ridge and from the $500,000s at Mallards Landing. Pricing is non-public and reflects standard interior specifications, with virtual tours sometimes showing upgraded selections at additional cost. The company operates as a small, independent entity with 1-10 employees, no parent company, no institutional investors, no debt or equity funding rounds disclosed, and no AI/digital technology stack beyond the website and virtual tour tools.

Name

Cordelle Development Corporation

Legal name

Cordelle Development Corporation

Website

https://cordelledevelopment.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

1–10 employees

Short description

Cordelle Development Corporation is a family-owned custom home builder and land developer in Central New York, founded in 1964 by the DeForest family. It builds premium energy-efficient custom homes across six communities in Onondaga, Madison, and Oneida counties for individual home buyers in the Syracuse, NY area.

Ownership category

akta.pro rank

Product category

Residential Home Building

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (23721)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB), New Construction & Builder Sales (BPAJAAAB)

Keywords

• Custom home building
• Residential construction
• Land development
• Home builder
• Planned communities

Headquarters

HQ city

Manlius

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales

Revenue model

1. Custom Home Construction: Building custom homes for buyers in company-developed communities or on customer-provided lots. Full-service from design consultation through construction completion.
2. Land Development and Lot Sales: Developing residential communities and selling home sites to buyers who may build with Cordelle or independently. Communities include Crown Point, Hunter's Ridge, Mallards Landing, Paladin Park, and Tacoza.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Cordelle Development Corporation is a custom home builder and land development company that designs and constructs single-family homes for individual buyers, both within company-developed residential communities and on buyer-provided lots in Central New York. The company also develops and sells home sites across multiple neighborhood communities in Onondaga, Madison, and Oneida counties.

Product overview

Cordelle Development Corporation is a custom home builder and land development company offering a portfolio of model homes and residential/mixed-use communities in Central New York. The company's core offerings include custom home building services (500+ homes built since 1964), land development across multiple counties, and five distinct model home designs: The Newport (3,486 sq ft, 4 bed/3 bath), The Marlburough, The Westbrooke At Summit Meadows (2,800 sq ft, 4 bed/3 bath), The Rockingham At Summit Meadows (2,500 sq ft, 4 bed/2.5 bath), and The Donnybrook (2,120 sq ft, 4 bed/2.5 bath). The company develops multiple residential communities including Crown Point (established 1989, 160+ families), Summit Meadows at Crown Point (66 single-family home sites), Hunter's Ridge (Manlius, homes from mid $400s), Mallards Landing (Manlius, homes from $500s), Tacoza (Jamesville), and Paladin Park (mixed-use with grocery, retail, offices, and 56 residential units).

Differentiator

Problem solved

Functional benefit

Products and services

• Custom Home Building
• Land Development
• The Newport
• The Marlburough
• The Westbrooke At Summit Meadows
• The Rockingham At Summit Meadows
• The Donnybrook
• Summit Meadows at Crown Point
• Paladin Park
• Hunter's Ridge
• Mallards Landing
• Tacoza

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• LGI Homes: LGI Homes is a publicly traded for-sale homebuilder focused on entry-level and first move-up buyers, generating sales primarily from owned community lots. Its community-lot-driven model is the same operating chassis Cordelle uses, though LGI operates at materially lower ASPs and at national scale.
• Toll Brothers: Toll Brothers is a publicly traded for-sale homebuilder specializing in luxury and move-up single-family homes with in-house land development. Cordelle's premium-appointment, 4-bedroom spec and energy-efficient positioning aligns with Toll Brothers' luxury-for-sale model, making it the closest product-mix comparable.
• M/I Homes: M/I Homes is a publicly traded for-sale homebuilder with integrated land development across the Midwest, Mid-Atlantic, and Southeast. Its combination of lot development and home construction, and emphasis on move-up buyers, parallels Cordelle's community-then-custom-home flywheel.
• Tri Pointe Homes: Tri Pointe Homes is a publicly traded mid-sized for-sale homebuilder with in-house land acquisition and development across multiple US regions. Its focus on move-up buyers in well-located submarkets makes its product mix and land-development approach directly comparable to Cordelle's CNY premium positioning.
• Dream Finders Homes: Dream Finders Homes is a publicly traded for-sale homebuilder with significant in-house land acquisition and development. As a smaller-cap national builder, its land-banking-plus-construction operating model is structurally comparable to Cordelle's, though across more geographies.

Broad incumbents

• NVR, Inc. NVR is the parent of Ryan Homes and NVHomes, a publicly traded for-sale homebuilder that uses an asset-light land-option strategy to construct and sell single-family and townhome inventory. NVR is comparable in build-and-sell on controlled-lot economics, though with a fundamentally different capital-light land strategy.
• PulteGroup: PulteGroup is one of the largest US for-sale homebuilders (Centex, Pulte, Del Webb, John Wieland). It operates the same build-and-sell-on-owned-land model Cordelle runs, but at national scale and across entry-level through active-adult segments rather than a single regional premium niche.
• KB Home: KB Home is a national for-sale homebuilder with significant community development activity and a strong build-to-order orientation. Its community-development plus buyer-customization model maps closely to Cordelle's owned-community + custom-build dual approach, just across West Coast / Sun Belt markets.
• Lennar Corporation: Lennar is a top-three US for-sale homebuilder combining community development (Lennar Land) with attached and detached home construction. Cordelle's combined land-development + for-sale homebuilding model mirrors Lennar's structure, though at vastly different scale and geographic breadth.
• D.R. Horton: D.R. Horton is the largest US homebuilder, building and selling homes in owned communities across a broad price spectrum. Its integrated land acquisition, development, and homebuilding flywheel is the same operating model Cordelle operates, but executed at national scale and across all major US metros.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/cordelledevelopment
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/cordelle-development-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cordelle Development Corporation