Main Street Homes: A Central Virginia Top Homebuilder for 25+ Years Transitions to 100% Employee Ownership

Richmond, VA – January 12, 2025 – Main Street Homes, a leading homebuilder in Central Virginia, is proud to announce that it is now 100% employee-owned through its Employee Stock Ownership Plan (ESOP). This exciting milestone underscores the company’s unwavering commitment to its employees, partners, and the community it serves. With this move, Main Street Homes joins an elite group of companies nationwide that embrace employee ownership as a strategy for long-term growth and success.

Founded by Vernon McClure in 1996, Main Street Homes has been guided by a singular goal: to build new homes with quality, value, and style. Main Street Homes has continuously evolved while staying true to its core purpose: “Building Value in Our Community.” The transition to an employee-owned structure ensures the company remains locally owned, independent, and dedicated to what matters most: its people, customers, and partners.

“We are incredibly excited about this new chapter for Main Street Homes,” said Vernon McClure, President of Main Street Homes. “Our entire team will have a direct stake in the company’s success. This will strengthen our foundation as we continue to focus on developing new home communities, delivering high-quality new construction homes, and the customer service that our customers have come to expect.”

McClure continues, “I’m here to stay because I love this industry and building homes. The ESOP provides a clear, long-term strategy for our next decade of growth and stability.” Main Street Homes employees now have an ownership interest in the company, empowering them to contribute directly to its future success and sustainability.

Main Street Homes invites customers, trade and business partners, realtors, and the community to join in celebrating this significant milestone. Together, we look forward to building even more high-quality homes and thriving communities in Central Virginia.

About Main Street Homes
Since 1996, Main Street Homes has built over 5,000 single-family and townhomes, establishing itself as a leading homebuilder in Central Virginia. Guided by the mission of “Building Value in Our Community,” the company provides exceptional-quality homes while fostering lasting relationships with its customers, employees, and partners. Main Street Homes invites homebuyers to experience the homebuilding process in a stress-free environment while having fun with knowledgeable professionals who guide them every step of the way.