Park Street Homes: The Fight for Homeownership in America Will Be Won - or Lost - in Its Cities

Park Street Homes Advances National Strategy to Rebuild America's Affordability

HOUSTON, Sept. 23, 2025 /PRNewswire/ -- As the nation grapples with an affordability crisis and a glut of unsold homes, Park Street Homes is charting a different path, one that prioritizes affordability, community, and sustainability in America's urban centers. At a time when families are being priced out of the very neighborhoods they call home, this homebuilder is proving that innovation, design excellence, and smarter land use can make homeownership attainable again.

With more than 121,000 new single-family homes unsold as of July 2025—the highest July total since 2009 (U.S. Census Bureau/HUD)—the U.S. housing market is caught between oversupply and under-affordability. Park Street Homes, based in Houston and expanding in Birmingham, is addressing that problem head-on.

How Park Street Homes is Solving the Problem

• Square Footage Built For Real Life: Homes typically range from about 1,100 to 1,600 square feet, designed to offer sufficient space for growing households while remaining affordable and efficient.
   
• Reimagining Infill Development: The company targets overlooked infill lots in established urban neighborhoods, reducing land and infrastructure costs. Those savings are passed directly to buyers, enabling affordability without sacrificing quality.
   
• Design & Durability: Homes are built with thoughtful, designer-curated floor plans that emphasize sustainability, durability, and energy efficiency. Market-rate homes and affordable homes are visually and structurally indistinguishable, reducing stigma and promoting community pride.
   
• Proving Affordability Without Subsidies: Park Street Homes has delivered over 100 homes in Houston under these models, showing that reliable affordability is achievable without relying on government subsidies.

Why Homeownership Matters
Homeownership is more than a roof—it's stability. When families own their homes, budgets become more predictable (no rent hikes), children benefit from stable schools, and residents are more likely to invest in their neighborhoods. These investments both financial and social, tend to reduce crime, increase property values, and bolster the local economy. Studies back this up: neighborhoods with high homeownership rates tend to have lower rates of both violent and property crimes. One study found that just a 1% increase in homeownership, holding other factors constant, can lead to a measurable reduction in crime costs to society.(HSH.com)

The Mission of Park Street Homes
Founded by Kevan and Ayesha Shelton, Park Street Homes is more than a builder—it is a movement to restore affordability and equity in American cities. Its mission is to create stronger neighborhoods by delivering high-quality homes that families can be proud of, while ensuring communities remain inclusive and sustainable for generations to come.

The company's developments are intentionally designed with access to green space, functional layouts, and long-lasting materials.

As recently featured in Forbes on September 10, Kevan Shelton explained the company's purpose: "When we started our company, it was about how do we build for people like us, and it grew. We were looking for a home in south Houston in the area I grew up in and we couldn't find anything we could afford. We figured there were many other families like ours looking for a home. So, we looked at how we can build a product that they could come back home to."

"You cannot tell the difference between our market-rate and affordable homes," said Kevan Shelton, Co-Founder of Park Street Homes. "Affordable should never mean second-class. Families deserve homes they're proud of, places that promote stability—for themselves, their neighbors, and their city."
By combining visionary leadership with practical, proven models, Park Street Homes is redefining what affordability looks like in urban America, one home, and one neighborhood, at a time.

For media inquiries, or to schedule an interview with Kevan and Ayesha Shelton—the couple is available for both in-person and Zoom interviews—please contact Innovating Marketing Group at [email protected] or call 346-980-9062.

About Park Street Homes

Park Street Homes is a premier home builder striving to create opportunities, build better communities, and provide housing for amazing homeowners and families.

Founded in 2016 by Kevan & Ayesha Shelton, Park Street Homes was created to provide the level of homes that so many young professionals and families were searching for in the urban core of Houston. Designer curated homes with luxurious yet affordable features that will last for years to come. With each home and development, we are providing quality housing and infrastructure to the urban & suburban landscapes. Each home is truly a unique experience. From our curated design to material selection there are no homes like Park Street Homes.

In just over 5 years Park Street Homes has been making an impact on the city of Houston. With developments in South Houston, Sunnyside, 5th Ward, South Union, and more, Park Street Homes has been featured on the Houston Chronicle and Fox 26.

Family-owned and operated the Park Street Homes team has grown to include not only our staff but over 20 local trades and vendors that help bring our projects to life.

Press Contact:

LaToya Hurley
346-980-9062
https://www.InnovatingMarketingGroup.com

SOURCE Park Street Homes