Kroiss Development Inc

What Kroiss Development Inc does

Kroiss Development, Inc. is a privately held custom luxury home builder and remodeler headquartered in the Minneapolis-St. Paul Twin Cities metropolitan area, founded in the early-to-mid 1990s. The company is led by President Todd M. Simning and Vice President/CFO Stephen R. Kroiss, a third-generation home builder; the two have been business partners for over 25 years with combined real estate ventures exceeding $400 million in lifetime sales. The firm delivers three integrated services: ground-up custom home construction, home remodeling (kitchens, baths, whole-home), and design collaboration with partner architects. Projects are typically priced between $1.4M and $2.2M+, targeting high-net-worth homeowners in Minneapolis, St. Paul, and surrounding suburbs including Excelsior, Tonka Bay, Shorewood, and Chanhassen.

The business operates on a 100% open-book basis — every bid, invoice, and receipt is available for client review — as a core transparency differentiator versus competing luxury builders. Revenue is generated entirely through one-time, project-based contracts with individual homeowners; there are no recurring revenue streams, no standardized pricing tiers, and no enterprise clients. Customer acquisition is driven by organic content and brand presence on Houzz (three consecutive Best of Houzz awards, 2015-2017; over 10,000 idea-book saves), a portfolio website with active project galleries and blog, and earned media including FOX 9 and WCCO-TV coverage of the 2016 Parade of Homes Dream Home.

The company is founder-owned with no institutional investors, no parent company, no disclosed funding, no subsidiaries, and no app or software product. Its technology footprint is limited to a standard WordPress marketing site and a Houzz profile; the core "technology" is construction craft, project management discipline, and architect relationships. The firm has won multiple Reggie and Trillium Awards from the Builders Association of the Twin Cities, the 2016 BLEND Award, and a 2017 Artisan Tour House feature, signaling established but geographically narrow market positioning.

Name

Kroiss Development Inc

Legal name

Kroiss Development, Inc.

Website

https://kroissdevelopment.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Kroiss Development, Inc. is a privately held custom luxury home builder and remodeler serving high-net-worth homeowners in the Minneapolis-St. Paul Twin Cities metro, with projects typically priced between $1.4M and $2.2M and managed on a 100% open-book basis.

Ownership category

akta.pro rank

Product category

Luxury Custom Home Building and Remodeling

NAICS

New Single-Family Housing Construction (except For-Sale Builders) (236115), Residential Remodelers (236118)

SIC

General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Custom Home Building (IMAFABAC)

akta.pro secondary industry

Luxury Whole-Home Renovation (High-End Finishes & Custom Build) (HSAPAEAI)

Keywords

• Custom home building
• Luxury home remodeling
• Residential construction services
• Architectural design partnership
• High-end home builder

Headquarters

HQ city

Chanhassen

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Custom Home Building: Full-service custom home construction from ground-up for high-net-worth clients in the Twin Cities luxury market. Projects include single-family residences, cottages, and high-end condominiums. Revenue is generated through one-time project fees based on construction costs plus margin.
2. Home Remodeling Services: Comprehensive remodeling services for existing homes including kitchen, bathroom, whole-home renovations. Typically one-time project-based revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Kroiss Development Inc is a premier luxury custom home builder and remodeler in the Twin Cities area, constructing and renovating high-end residences in Minneapolis, St. Paul, and surrounding suburbs. The firm offers full-service custom home building, comprehensive home remodeling (kitchens, bathrooms, whole-home renovations), and design services delivered in partnership with top local architects, with projects typically ranging from $1.4M to over $2.2M. All projects are managed on a 100% open-book basis where every bid, invoice, and receipt is available for client review.

Product overview

Kroiss Development Inc is a premier luxury custom home builder and remodeler serving the Twin Cities area (Minneapolis, St. Paul, and surrounding suburbs). The company operates as a service-based business offering three integrated offerings: Custom Home Building, Home Remodeling, and Design Services. With over 28 years of experience, the company manages every project on a 100% open-book basis, partnering with top architects to create distinctive luxury residential spaces. The company is led by President Todd M. Simning and Vice President Stephen R. Kroiss, who together have over 25 years of partnership in real estate ventures with overall sales exceeding $400 million.

Differentiator

Problem solved

Functional benefit

Products and services

• Custom Home Building

Quantifiable outcome

• 100% open-book basis with every bid, invoice, and receipt available for client review
• +1 more outcomes

Named customers10 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

Partnerships

Two partnerships are on record, tiered core.

• Charlie & Co. Design, LtdcoreStrategic or Co-development Partner · 27 September 2016Kroiss Development and Charlie & Co. Design, Ltd jointly won the 2016 BLEND Award in Minneapolis. The BLEND Award encourages and rewards builders, architects, and homeowners to blend newly remodeled or constructed homes into the fabric of Minneapolis neighborhoods. Colby Mattson from Charlie & Co. Design and Todd Simning from Kroiss Development were recognized for their collaborative work.
• Top Architects in Twin CitiescoreStrategic or Co-development PartnerKroiss Development has partnered with many of the top architects in the Twin Cities area to create truly special spaces for their clients. These architectural partnerships allow them to deliver unique, custom-designed luxury homes.

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Vujovich Design Build: Twin Cities–based luxury custom home builder and remodeler serving Minneapolis, St. Paul, and surrounding suburbs. Most directly comparable to Kroiss Development on geography, customer segment (HNW homeowners), and custom-build/remodel service mix.
• John Kraemer & Sons: Minnesota luxury custom home builder with a long-standing reputation in the Twin Cities for high-end craftsmanship. Comparable to Kroiss Development in target customer, price point, and emphasis on architect collaboration.

Regional players

• Custom One Homes: Twin Cities–area custom home builder serving Minneapolis, St. Paul, and surrounding suburbs with on-your-lot custom builds. Overlaps Kroiss Development on geography and custom single-family product, with a slightly broader price band.
• Hendel Homes: Twin Cities luxury custom home builder and remodeler with an open-book pricing approach. Highly comparable to Kroiss Development on geography, transparency model, and custom luxury positioning.
• BTI Builders: Minnesota custom home builder serving the greater Minneapolis–St. Paul area. Comparable regional custom-build offering and HNW homeowner target customer.
• Streeter & Associates: Minnesota-based custom home builder and remodeler operating in the Twin Cities metro. Comparable regional focus, custom build/remodel services, and HNW homeowner customer base to Kroiss Development.
• KRM Builders: Minnesota-based custom home builder serving the Twin Cities area. Comparable regional footprint and custom single-family product offering to Kroiss Development.

Broad incumbents

• Ashton Woods Homes: National private homebuilder with a focus on design-forward homes in high-growth metros. Comparable to Kroiss Development on premium buyer targeting and design-led differentiation, but with national scale and broader product range.
• David Weekley Homes: Large privately held U.S. homebuilder with a significant custom/luxury segment and a national footprint. Comparable on premium buyer targeting and design partnerships, though operates at materially higher scale.
• Toll Brothers: National luxury homebuilder with a publicly traded platform serving affluent buyers across the U.S. Comparable to Kroiss Development on luxury customer segment and design-forward positioning, but at vastly greater scale and geographic breadth.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kroiss-development-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Kroiss Development Inc