Lost Creek First Addition

Argued Fargo has only about 100 vacant single-family lots against 360 annual starts, and that the $80 million the city already invested nearby makes this the right place to grow; homes would run $350,000-$650,000.

The builder and Lost Creek president said lot inventory has collapsed from a healthy two-to-three-year supply to weeks, and that approving entitlements is a long-game catalyst — no pipe gets ordered yet.