The Bakken Housing Summit will be held May 16-17 in Williston.
The challenge is to build 5,000 homes in western North Dakota in the next 24 months.
The Williston Basin extends throughout western North Dakota and presents one of the largest economic opportunities in the country. The energy industry is spending more than $4 billion in 18 months on capital investments including oil exploration, gas plants, pipeline infrastructure and rail facilities.
In November 2011, North Dakota had an unemployment rate of 2.9% with 19,627 job openings. The lack of housing thwarts the ability to hire workers and is threatening the continued growth and development of the Bakken shale play.
Information will be provided at the summit about the economic environment, infrastructure, construction environment, and financial perspectives.
Key stakeholders will gather at the summit to share information, discuss ideas and develop plans to meet the challenge. Those expected or invited to attend include: state and local leaders, state agencies, municipal leaders, landowners, developers, home builders, local and national lenders, private equity and capital markets and oil and gas industry representatives
Developers, builders and investors can seize this opportunity to develop land, build homes, provide financing, and participate in one of the greatest economic opportunities in America today. Visit the website to sign up for information updates or submit proposals to present at the summit.
Contact: Bakken Housing Summit, Jeff Zarling, 701-577-1100 [email protected]
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