With the holidays upon us and December drawing to a close, it’s common to reflect on the past year and plan for the year ahead. During 2015, many of us were blessed to enjoy our market’s recovery, and for this we are thankful! As the recovery continues into 2016, we can anticipate the new, healthy challenges that labor shortages and material cost increases will pose to the construction and drywall industry.
At Paul Johnson Drywall (PJD), we’re proactively taking steps to foster an environment where our workforce is well-cared for and productive, which is also attracting more workers. In fact, this topic was the theme of the Department of Labor’s (DOL) Future of Work Symposium, which I was invited to participate in earlier this month, in Washington, D.C. The symposium brought together the public and private sectors to discuss the evolving workplace and share best practices.
PJD constantly strives to be a better employer, an effort which we feel ultimately makes us a better drywall contractor. During my time in Washington, I was asked to share what PJD has been doing to advance our labor standards and how those actions have affected the company, and I want to share it with you as well.
The primary actions taken include PJD shifting to a W-2, or a direct employment, model. Because of this shift, PJD is paying industry-best wages to our crews and has allowed us to also provide health care to each of our employees and their families. As a result, PJD now has nearly 1,000 employees who are loyal to our firm, and committed to delivering for our customers.
While we remain aware of the growing labor shortage, I am proud to say that PJD is able to meet our customer’s needs as a result of our industry-best employment practices. Our loyal crews position us very well for the year to come, and we are proud to be able to produce for our customers, irrespective of industry shortages.
As I prepare to celebrate the holidays with my family, I would like to thank Paul Johnson Drywall’s loyal employees and customers for all of their support during the past year. I look forward to prospering through 2016, together.
R. Cole Johnson
President, Paul Johnson Drywall
This year, we have much to be thankful for at Paul Johnson Drywall.
Thank you to our customers, business partners and crews for making 2015 another successful year.
We appreciate the confidence our customers showed us again this year, calling upon PJD to complete more homes and multi-family projects than we’ve had the opportunity to finish in recent years. We are also grateful to our business partners, who make it possible for us to meet these demands.
And, to our crews and office staff who worked hard all year to make deadlines, THANK YOU! I want to recognize you in particular, for again going above and beyond these past few weeks to make our year-end commitments. Without you, we could not have completed the 85+ additional homes needed by our customers for their year-end sales.
Wrapping up these most challenging weeks of the year, please accept my deep appreciation and best wishes to each of you and your families for a happy, safe and healthy Thanksgiving.
Enjoy the holiday all, Happy Thanksgiving!
R. Cole Johnson
President, Paul Johnson Drywall
Contractor Invests in Hometown, Bringing New 160-Unit Apartment Community to Prescott
New Willow Creek area community to be first new market-rate apartments built in Prescott in more than five years.
Last week, Cole Johnson, president of Paul Johnson Drywall, Inc., announced that his development company will begin construction on a new 160-unit garden style apartment community in Prescott, his home town. General contractor Decca Multi-Family Builders began clearing the site earlier this month and groundbreaking is planned for September 2015. Construction is expected to complete by late-October 2016.
The project, located at 3137 Willow Creek Road in Prescott, Arizona, will include new studio, one-bedroom and two-bedroom apartments and carriage houses with detached garages. In addition, the community will provide residents with new clubhouse facilities, including a full-kitchen, supplemented by outdoor BBQ, community entertainment space, courtyards and a 24-hour fitness center. Unit amenities include granite counter tops, in-unit laundry facilities, plank flooring and extensive landscaping.
Allison-Shelton Real Estate Services will be managing the property. Reservations are expected to begin by early summer 2016. Interested parties can contact info@Allison-Shelton.com for information and news about the new apartment community.
“Demand for new apartments is high in Prescott,” said Thomas Shelton, principal with Allison-Shelton Real Estate Partners. “This is the first market-rate community to be built in Prescott in at least five years and as a result we expect the waiting list to begin the first day we open reservations.”
Other development projects by Cole Johnson in collaboration with his development company Parlay include:
Whispering Canyon, a custom home subdivision in Prescott, Arizona;
Berkanna Townhomes with locations throughout Arizona; and
Encanto at Moon Valley, a new single-family residential development in Phoenix, Arizona by Metro Living.
“There has been a growing demand for quality apartments in Prescott in recent years, making our timing right for this project,” said Cole Johnson. “Thanks to the great work by my finance partners Paragon Mortgage and Alliance Bank, we were able to negotiate through the complex HUD financing process to secure a $17.2M, 40-year, 3.6%fixed-rate term loan without any personal guarantees. We are on track to deliver 160 new apartment units in 14-months.”
Cole Johnson, president of Paul Johnson Drywall Inc., is developing a 160-uniit complex via his development company Parlay LLC.
Paul Johnson Drywall is one of the largest drywall contractors in the state.
Construction on the Prescott development starts next month with delivery expected in October 2016.