Diversified business beyond grading: built first spec home; started building and owning post office buildings and leased to the government; started Falls Lawn & Garden Center.
1963: Sold Falls Lawn
Sold Falls Lawn & Garden Center; expanded Chip’s Topsoil & Grading Inc. to become one the largest residential grading businesses in 4 county area.
First rental property purchased
1970: Expanded into building
Expanded into building and development operations; started with home building and general contracting for Industrial building, purchased vacant land and apartment buildings to expand this portfolio.
Started steady yearly increase in home building activity under JBJ Construction, Inc. for a solid decade. Built 60-120 custom homes per year.
Expanded apartment building portfolio; started building apartments, retaining ownership, managing and leasing.
1976: Commercial Leasing
The beginning of Commercial Leasing. Purchased the former Robert Hall Clothing Store (Appleton Ave & Hwy Q) remodeled into office and retailing including a new office for JBJ Construction, Inc.. Building underwent 3 expansions over the next 10 years, which involved acquiring adjacent property to expand the footprint of the building.
Sold Chip’s Topsoil and Grading
Jerome “Chip” Bence, Jr. co-chairman of Parade of Homes.
Recession and high interest rates forced a new shift in business focus.
1982: Newspaper Photo & Caption
1987 – Diversifying
Driven by recession, J.B.J. Construction started diversifying beyond home building, shifting focus to residential subdivision development and increased apartment building activity. The completion of their first large subdivision, Hunter’s Ridge in Menomonee Falls, signaled the shift from “just a builder” to developer.
After Desert Storm, did general contracting for army renovation work at Camp Douglas and Camp McCoy.
1992: The next generation
The next generation takes over: Brian Bence, Theresa Weitermann and Scott Bence become full owners.
Commercial development expands and grows, with 5 office buildings completed, multi-tenant building, along with general contracting with municipalities and local banks. Residential subdivision development grows with the development of over 600 residential lots.
1999 – 2005
Residential Development boom: 10 subdivisions developed in 5 separate communities within Dodge, Waukesha and Washington Counties.
2000: Name change
Name change/ re-branding: JBJ Companies, Inc.; 4 divisions created – JBJ Construction, JBJ Custom Homes, JBJ Development, and JBJ Properties; re-located to the current location at Fountain Square.
2001: Hosted Parade
Hosted Parade of Homes at Windemere in Richfield. Began expansion into condominium development. Converted former office of JBJ Construction, Inc. (Appleton Ave. and Hwy Q) into first retail commercial space.
Expanded into Senior Care Market, building first senior care facility, owning and managing the property. To date, over 100 units of senior living space (including apartments) have been developed.
Current Portfolio/Activity: Own and manage 100 units of senior living, over 400 apartment units, with many more to be added in 2018-2019. Expecting to exceed over 700 apartment units by 2020. Currently own and manage over 100,000 sq ft of office & retail space. JBJ Custom Homes builds 3-5 custom homes/models yearly. JBJ Development continuing to build and sell condominium units.