WATFORD CITY, ND—Thousands of oil and gas workers have moved into this once desolate region, but the resulting housing shortage has left many living in temporary “man-camps,” with no way to bring their families with them.

But MondayOne, a California-based developer, has just started a joint venture to build 100 duplex-style town homes here in the Hunter’s Run Master Planned Community. They will lease the new homes to area oil companies to use as housing for workers and their families. This is MondayOne’s second development in Watford City, the heart of the state’s new energy business. MondayOne recently unveiled plans for the 105-unit Pheasant Ridge town home community. Those will have three-bedroom units, while their Hunter’s Run homes will have four.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.