Larry H. Miller Real Estate
Larry H. Miller Real Estate is the real estate development arm of the Larry H. Miller Company, developing and managing master-planned communities, mixed-use districts, commercial properties, and entertainment venues across Utah and Arizona. It serves residential homebuyers, commercial tenants, and mixed-use district users through vertically integrated development, homebuilding, and construction subsidiaries.
- Company typePrivate
- Founded1986
- HeadquartersSandy Hook, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Larry H. Miller Real Estate does
Larry H. Miller Real Estate (legal entity LHMRE, LLC) is the real estate development platform of the privately held Larry H. Miller Company conglomerate. Founded as Miller Family Real Estate in 1996 and renamed in 2016, the company develops and manages master-planned communities, mixed-use districts, commercial properties, multi-family residential, and entertainment venues primarily across Utah with expansion into Arizona.
The company's portfolio spans flagship master-planned community Daybreak (4,000+ acres in South Jordan, Utah, with 32,000+ residents, 9,300+ homes sold, 40+ parks, and 50+ miles of trails), Downtown Daybreak (200-acre mixed-use sports and entertainment district anchored by The Ballpark at America First Square), The Power District (100+ acres in Salt Lake City with 1.3M sq. ft. planned office, 4,700 housing units, 320,000 sq. ft. retail, 300 hotel keys), The Arden (416-unit multi-family in Mesa, Arizona), plus legacy assets including Jordan Commons, Delta Center, and Megaplex Theatres. Underlying capabilities include master-planned community design, environmental remediation (Jordan River restoration with Field Operations), and sports-anchored placemaking.
The business operates a vertically integrated model through three wholly-owned subsidiaries: Destination Homes (residential homebuilder, acquired 2022), TallyCM (construction management, acquired 2024), and Larry H. Miller Construction (commercial construction division, established 2025). Revenue streams include one-time property development and home sales, recurring commercial leasing (Rocky Mountain Power is anchor tenant at The Power District), and transaction-based venue revenue from sports and entertainment operations. The company employs 11-50 staff at the corporate level (Sandy, Utah headquarters) with an executive team possessing 150+ years of collective real estate experience, and serves residential homebuyers, commercial tenants, sports teams, and mixed-use district users.
Larry H. Miller Real Estate firmographics
Firmographics- Name
- Larry H. Miller Real Estate
- Legal name
- LHMRE, LLC
- Website
- https://lhmre.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Larry H. Miller Real Estate is the real estate development arm of the Larry H. Miller Company, developing and managing master-planned communities, mixed-use districts, commercial properties, and entertainment venues across Utah and Arizona. It serves residential homebuyers, commercial tenants, and mixed-use district users through vertically integrated development, homebuilding, and construction subsidiaries.
- Ownership category
- akta.pro rank
Larry H. Miller Real Estate industry classification
Industry- Product category
- Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), Lessors of Real Estate (5311), Real Estate Property Managers (53131)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Operators Of Nonresidential Buildings (6512)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industries
- Mixed-Use Property Management (BPAJAGAE), New Development & Project Marketing (Pre-Construction Sales) (FSAEAJAE)
Keywords
Where Larry H. Miller Real Estate is headquartered
LocationHeadquarters
- HQ city
- Sandy Hook
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Larry H. Miller Real Estate business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Property Development and Sales: Development and sale of master-planned communities, residential homes, commercial properties, and mixed-use developments. Revenue from home sales through Destination Homes subsidiary and commercial property transactions.
- Commercial Leasing: Leasing of commercial office space, retail space, and hospitality properties. Rocky Mountain Power's 10-story, 300,000 sq. ft. corporate campus is a key anchor tenant.
- Sports and Entertainment Venues: Revenue from ballpark operations, events, concerts, and corporate events at venues like The Ballpark at America First Square. The venue hosted 75 PCL games and 70+ community events in inaugural season.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
Larry H. Miller Real Estate product offering
Product offeringCore offering
Larry H. Miller Real Estate develops and manages residential, commercial, mixed-use, and master-planned real estate projects across Utah and Arizona. The company sells residential homes through its Destination Homes subsidiary, leases commercial office, retail, and hospitality space, and operates entertainment venues including The Ballpark at America First Square.
Product overview
Larry H. Miller Real Estate operates as a diversified real estate development company managing master-planned communities, mixed-use developments, commercial properties, and entertainment venues. The portfolio includes Daybreak (master-planned community), Downtown Daybreak (sports and entertainment district with The Ballpark at America First Square), The Power District (100+ acre mixed-use development), The Arden (multi-family residential), Megaplex Theatres (cinema entertainment), Jordan Commons (commercial), and various commercial properties. The company also operates subsidiaries including Destination Homes (home builder), TallyCM (construction management), and Larry H. Miller Construction (commercial construction), providing integrated development, building, and construction services across Utah and Arizona.
Differentiator
Problem solved
Functional benefit
Products and services
- Daybreak A nationally recognized master-planned community in South Jordan, Utah, featuring 40+ parks, 50+ miles of trails, 9 on-site schools, and over 32,000 residents. Targeted at families and individuals seeking thoughtfully designed neighborhoods with amenities and a sense of community.
- Downtown Daybreak An emerging urban center featuring offices, retail, and housing around a dynamic sports and entertainment district anchored by The Ballpark at America First Square, home of the Triple-A Salt Lake Bees. Targeted at residents, workers, and visitors seeking an integrated live-work-play environment.
- The Power District A 100+ acre mixed-use development in Salt Lake City's westside featuring 1.3 million sq. ft. of office space, 4,700 housing units, 320,000 sq. ft. of retail, 300 hotel keys, a potential MLB ballpark, and Jordan River restoration. Targeted at commercial tenants, residents, and visitors seeking integrated work-live-play environments.
- The Arden
Quantifiable outcome
- 32,000+ residents living in Daybreak community
- +3 more outcomes
Companies that use Larry H. Miller Real Estate
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
Larry H. Miller Real Estate technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Larry H. Miller Real Estate partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- Field OperationscoreWorld-renowned landscape architecture and urban design firm selected as lead design firm for Jordan River restoration at The Power District. Field Operations is known for New York City's High Line, Waterfront Seattle, San Francisco's Presidio Tunnel Tops, and Domino Park in Brooklyn.
- Westside CoalitionminorNetwork of community councils distributing Westside Flood Relief Funds and supporting westside neighborhoods.
- Larry H. & Gail Miller Family FoundationcoreCommitted $100,000 to Westside Flood Relief Fund. Distributed $1+ million to 75 westside non-profit partners through Westside Community Grant program.
- Rocky Mountain PowercoreAnchor tenant for 10-story, 300,000 sq. ft. all-electric corporate campus at The Power District. Building inspired by historic Gadsby Power Plant, translating industrial past into modern workplace.
- Okland ConstructionminorConstruction firm building Rocky Mountain Power's corporate campus at The Power District.
- Jordan River CommissioncoreCollaborating on Jordan River restoration, water quality improvements, and environmental remediation at The Power District.
- Intermountain HealthminorContributed $175,000 in matching funds for Westside Community Grant Initiative.
- Miller Sports + Entertainment (MSE)coreCo-developer of Downtown Daybreak and The Ballpark at America First Square. MSE manages Real Salt Lake, Utah Royals FC, Megaplex, Salt Lake Bees, and other sports properties.
- TallyCMcoreAcquired in 2024, TallyCM provides onsite expertise and owner's representation in planning, development, and construction management of projects including sporting venues and automotive facilities.
- Ivory HomesminorPartnership announced December 2022 for master-planned community development in Hoytsville, Utah.
- Destination HomescoreAcquired in March 2022, Destination Homes is one of Utah's top homebuilders with established expertise in thoughtful design and follow-through.
Scale indicators12 records
Recent moves12 records
Expansion highlights7 records
Larry H. Miller Real Estate competitors and assessment
Company assessmentDirect peers
- The Howard Hughes Corporation: Master-planned community developer behind The Woodlands, Summerlin, and Bridgeland. Highly comparable to LHMRE in that both develop large-scale, mixed-use master-planned communities with vertically integrated residential, commercial, and entertainment components over multi-decade horizons.
- Woodside Homes: Master-planned community builder active in Utah and the Western U.S. Direct comparable to LHMRE/Destination Homes for for-sale residential product within master-planned developments.
- Ivory Homes: Utah's largest privately held homebuilder and LHMRE's partner on the Hoytsville master-planned community. Closest geographic comparable for residential construction and master-planned community development in the SLC market.
- Shea Homes: Large privately held homebuilder and master-planned community developer in the Western U.S. Comparable to LHMRE through its Trilogy, Destination, and Comstock communities that combine residential product with amenities, commercial, and mixed-use elements.
- Wasatch Group: Utah-based diversified real estate developer and homebuilder active in master-planned communities, multifamily, and commercial real estate across the Wasatch Front — directly comparable in geography and product mix to LHMRE.
- CenterCal Properties: Western U.S. mixed-use real estate developer specializing in retail-anchored, sports/entertainment-driven mixed-use projects (e.g., The District, Blackhawk Plaza redevelopment). Comparable to LHMRE's Downtown Daybreak and Power District sports-anchored mixed-use strategy.
Broad incumbents
- Related Companies: National developer of large-scale, mixed-use master-planned communities (e.g., Hudson Yards, CityPlace). Comparable to LHMRE for the Power District and Downtown Daybreak as large, mixed-use, mixed-income placemaking projects with public-private partnerships.
- D.R. Horton: Largest U.S. homebuilder with extensive master-planned community operations. Comparable to LHMRE/Destination Homes as a residential for-sale builder, though at vastly greater scale and without the same placemaking/sports-anchored mixed-use orientation.
- Toll Brothers: National luxury homebuilder and master-planned community developer (e.g., Toll Brothers at Skyline, Sweetbay). Comparable to LHMRE for the residential for-sale builder arm (Destination Homes) at broader scale and across more geographies.
Others
- Field Operations: Landscape architecture and urban design firm that is an LHMRE partner on Jordan River restoration. Adjacent/ecosystem peer rather than a competitor, but illustrates the design-led placemaking capability LHMRE is buying into via partnership.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Larry H. Miller Real Estate social profiles
Digital presenceLarry H. Miller Real Estate financial estimates
Financial estimateRevenue estimate
Valuation estimate
Larry H. Miller Real Estate leadership team
Management profileNumber of profiles
Profiles10 records
Larry H. Miller Real Estate subsidiaries and ownership
Company hierarchySubsidiaries3 records
Larry H. Miller Real Estate funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Larry H. Miller Real Estate M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Larry H. Miller Real Estate
What does Larry H. Miller Real Estate do?
Larry H. Miller Real Estate develops and manages residential, commercial, mixed-use, and master-planned real estate projects across Utah and Arizona. The company sells residential homes through its Destination Homes subsidiary, leases commercial office, retail, and hospitality space, and operates entertainment venues including The Ballpark at America First Square.
Is Larry H. Miller Real Estate a public or private company?
Larry H. Miller Real Estate is a private company. It is classified as family owned and is currently operating.
When was Larry H. Miller Real Estate founded?
Larry H. Miller Real Estate was founded in 1986. It employs 11 to 50 people.
Where is Larry H. Miller Real Estate based?
Larry H. Miller Real Estate is headquartered in Sandy Hook, United States, in the North America region.
How does Larry H. Miller Real Estate make money?
Three revenue lines are on record. Property Development and Sales are the primary driver. The others are commercial Leasing and sports and Entertainment Venues.
Who are Larry H. Miller Real Estate's main competitors?
Direct peers on record are The Howard Hughes Corporation, Woodside Homes, Ivory Homes, Shea Homes, Wasatch Group and CenterCal Properties. Broad incumbents are Related Companies, D.R. Horton and Toll Brothers. Field Operations is listed as an others.
Does Larry H. Miller Real Estate have an API?
No public API is recorded for Larry H. Miller Real Estate.
What industry is Larry H. Miller Real Estate in?
Larry H. Miller Real Estate's product category is Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of BPAJAGAE, Mixed-Use Property Management. Its NAICS code is 236117 and its SIC code is 6552.