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Twenty40 Building Concepts logo

Twenty40 Building Concepts

2–10 employees 4 principals

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Last updated 3mo ago

About Twenty40 Building Concepts

Twenty40 Building Concepts is a real estate operator. Twenty40 Building Concepts operates in Cedar Rapids, Iowa. Its investment focus is on Agriculture, Covered Land & Land Banking and Multifamily - Ground-up.

Twenty40 Building Concepts, Inc. is a real estate development and construction firm based in Marion, Iowa. Established in April 2019 by Chad Pelley, Stefan Doerrfeld, and Cory Pelley, the company has expanded to include divisions in property management and real estate brokerage. As of 2025, Twenty40 operates from a 40,000-square-foot headquarters at 6407 Partners Avenue, which also accommodates other tenants .​ The company specializes in residential, commercial, and mixed-use developments. Notable projects include Rookwood Estates, a four-phase residential community featuring solar-ready smart homes, and Dows Farm AgriCommunity, a 485-acre mixed-use development with nearly 400 housing units and over 40,000 square feet of commercial space . Twenty40 integrates smart home automation, energy-efficient appliances, and sustainable materials across its projects .​

Principals at Twenty40 Building Concepts

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4 principals on file

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Recent activity at Twenty40 Building Concepts

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Twenty40 Building Concepts's project portfolio

1 project on file · Residential (general) (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Twenty40 Building Concepts operates in

  • Cedar Rapids, Iowa

Investment themes at Twenty40 Building Concepts

  • Agriculture
  • Covered Land & Land Banking
  • Multifamily - Ground-up
  • Single-Family Homes

Capabilities

  • Construction Management
  • Custom Homes
  • Environmental Remediation
  • Mixed Use
  • Site Development
  • Sustainability
  • Transit-oriented development

Operators similar to Twenty40 Building Concepts

  • Corliss Management Group
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  • Trailbreak Partners
    Mid-market tierCovered Land & Land BankingMultifamily - Ground-up+1 more theme
  • Turner Brothers Real Estate
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  • Taylor Builders
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  • Wingspan Development Group
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  • Maple Development Group
    Mid-market tierCovered Land & Land BankingMultifamily - Ground-up+1 more theme
  • Selwyn Property Group
    Mid-market tierCovered Land & Land BankingMultifamily - Ground-up+1 more theme
  • Adre Development
    Mid-market tierCovered Land & Land BankingMultifamily - Ground-up+1 more theme
  • Forward Development Group
    Mid-market tierCovered Land & Land BankingMultifamily - Ground-up+1 more theme
  • Grand/Sakwa Properties, LLC
    Mid-market tierCovered Land & Land BankingMultifamily - Ground-up+1 more theme

Frequently asked questions about Twenty40 Building Concepts

What does Twenty40 Building Concepts do?
Twenty40 Building Concepts, Inc.
What markets does Twenty40 Building Concepts operate in?
Twenty40 Building Concepts is active in Cedar Rapids, Iowa.
How many employees does Twenty40 Building Concepts have?
Twenty40 Building Concepts has 2–10 employees.
Twenty40 Building Concepts cover image

Twenty40 Building Concepts at a glance

Tier
Mid-market
Operator type
Developer, Owner, Homebuilder
Headcount
2–10
Units owned
<1,000
Units managed
<1,000
Property mgmt
Self-Managed
Markets
1
Principals
4

Contact Twenty40 Building Concepts

1220 3rd St SE Suite 200 Cedar Rapids, IA 52401
twenty40concepts.com/#projects