John and Raymond Beal establish Beal Developments Limited. They build a house and two shops in the East Riding town of Hedon. The company has continued to build in Hedon ever since.
Beal Homes undertakes developments in Hull and in East Yorkshire villages.
The company moves from its country office to Tower House Lane, Hedon Road, Hull, the site of the current purpose built head office.
Beal Homes completes 199 homes at the East Riding village of Preston. The project is a major stepping stone in the progressive development of the company. Other developments follow in Market Weighton, Hedon and Hull.
Beal Homes is the first developer to build homes at Kingswood, a major, mixed-use development and a flagship in the regeneration of the city of Hull. In 1995 this was a pioneering move, but Beal Homes has gone on to complete three developments at Kingswood and is proud to be part of the on-going development of Kingswood Parks commencing a fourth site in 2006.
Raymond Beal retires. He sadly died in 2003.
Richard Beal becomes Managing Director. He joined Beal Homes in 1988 working on site and in all aspects of the business before being appointed to the Board in 1994. He is joint owner of the company.
Beal Holdings Limited, the then newly formed holding company, acquires Eastman Securities Limited of Lincoln, thus satisfying the company's long held objective of developing in Lincolnshire. This acquisition has allowed for more rapid growth along with corresponding profit growth generated from both house building and land dealing.
Beal Homes completes Leaf Sail Farm, Hedon, its largest development to date. 450 homes were built over a number of years. Group head office and main administration centre continues to be located in Hull, Yorkshire, and Lincolnshire operations are controlled from a new regional office at Burton Waters, Lincoln.
The group plan is for steady growth. In the medium term it intends to build no more than 150 residential units a year. With a land bank of some 500 plots with planning permission and a strategic land bank held by way of options of some 300 acres, Beal Homes' long term future is secure. The group plans to further develop its commercial property development, land dealing and property investment activities.