Look Back at 2011: End of The Line For Roseville-based Rottlund Homes

The continuing housing slump forces venerable home builder to call it quits.

Officials at Roseville-based Rottlund Homes, one of the Twin Cities largest and longest running home builders, said this past fall that their company is going out of business. The company planned to wrap up construction on 20 remaining homes by the end of December and intends to sort out the last of its finances during the first quarter of 2012.  Buffeted by the housing construction slump during the past five years and now a bank syndicate unwilling to continue lending for the company to build more homes, Rottlund Homes officials said they had no option but to call it quits. The company's demise comes after being in business since 1973 and once ranked as the Twin Cities second-largest home builder. In Twin Cities' housing circles, the …

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Editor's notebook

Demise of Roseville-based Rottlund Homes a Sign of The Times

Venerable home builder latest in industry contraction.

When you click on the web site for Roseville-based Rottlund Homes, you're greeted with a woman singing, "Rottlund Homes. Your builder for life." Well, this week, Rottlund Homes has all but died. Officials at Rottlund, one of the Twin Cities largest and longest running home builders, said Friday their company is going to cease business after it wraps up construction on 20 remaining homes by the end of December and sorts out the last of its finances during the first quarter of 2012.  Buffeted by the housing construction slump during the past five years and now a bank syndicate unwilling to continue lending for the company to build more homes, Rottlund Homes is calling it quits. Its demise comes after being in business since 1973 and once …

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