Toll Brothers, a History 50 Years In The Making

By Toll Brothers 2 minute read

Last updated on August 24th, 2022

A home is where a family grows, and memories are made. Toll Brothers builds more than just a house, we instill luxury, refinement, and a lifestyle to be proud of for years to come. In honor of our 50th Anniversary, we are taking a look at five of our greatest accomplishments.



Our journey began in 1967 when Robert I. and Bruce E. Toll were inspired to transform a house into an exquisite home. Propelled by their father’s successful real estate development career, they set out to start a home building company in the Philadelphia area. Just under twenty years later, our stock was offered publicly on the New York Stock Exchange.

Robert I. and Bruce E. Toll NYSE opening bell

Bruce E. and Robert I. Toll


The Start of Something Special

After hosting our first-ever “Toll Gala” fundraiser in 1992, which continues to benefit national organizations like the American Cancer Society, we reached one of our most distinguished milestones. Then in 1993, we sold our 10,000th home.

During this decade, we discovered opportunities in diverse markets, such as in New York, North Carolina, California, Florida, and Texas. Our digital realm evolved with the release of Ten years later, Toll Brothers expanded and took another project under its wing, luxury living in big cities.


The Big Apple Calls

In 2006, Toll Brothers City Living emerged, and Manhattan made its debut as our first location for high-rise luxury condominiums. The first structure, One Ten Third, gave way to 21 stories and 77 residences. Today, our City Living residential properties expand from New York to New Jersey, and throughout various locations in Philadelphia and the DC Metro area.


Passing the Torch

As we travel through the decades, in 2010, our founders create another defining moment in our history. Seven years ago, the torch was passed to Doug Yearley as Doug was named Chief Executive Officer of Toll Brothers.

Toll Brothers CEO Doug Yearley

Doug Yearly, Toll Brothers CEO


New Horizons

Three years later, now with two Builder of the Year awards from Professional Builder magazine, Toll Brothers acquires Shapell Industries in 2013, which transformed the Toll Brothers footprint with a significant expansion into coastal California.

Toll Brothers is the leading national builder of luxury homes and spans across 20 states, and Washington, D.C. For three years in a row, Toll Brothers was named the World’s Most Admired Home Building Company in FORTUNE Magazine’s survey of the World’s Most Admired Companies. Toll Brothers was named 2014 Builder of the Year by BUILDER magazine, and is honored to have been awarded Builder of the Year in 2012 by Professional Builder magazine, making it the first two-time recipient.

Toll Brothers continues to be America’s Luxury Home Builder, and as we celebrate 50 years, we continue to pride ourselves on creating your dream home, a place of joy and where loved ones come together to make a lifetime of memories. Discover communities in your area and live a life of luxury with Toll Brothers by your side.

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Embracing an unwavering commitment to quality and customer service, Toll Brothers currently builds in over 60 markets in 24 states nationwide, and is a publicly owned company with its common stock listed on the New York Stock Exchange (NYSE: TOL). In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World's Most Admired Companies™ list.* Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information, visit From Fortune, ©2024 Fortune Media IP Limited. All rights reserved. Used under license.


    1. mary anne skender says:

      Are Toll Brothers Building any quality, first floor living, low maintenance communities near Raleigh,NC?

      • Toll Brothers says:

        Hi Mary, the short answer is yes! We have a lovely community, The Cottages at Brier Creek, that has models that fit your criteria. You can visit our website and learn more about the options here –

        We hope this helps answer your question!

      • Stu Hall says:

        I just wanted to have Karrie Hitchcock and Teresa Andolfi recognized for the amazing service and experience that I am receiving as I plan and build my new Toll brothers home. They have been on top of everything and have given me 100% confidence in this build. Please send these words of praise to the upper management as they most definitely need to be recognized.
        Stu Hall

        • Toll Brothers says:

          Hi Stu, we’re thrilled to hear about your positive experience! We’ll pass along your kind words to make sure Katie and Teresa are recognized for their contributions. Again, we thank you for choosing Toll Brothers as your home builder and welcome you to the Toll family! Please let us know if there’s anything else we can assist you with.

    2. Laura Knudson says:

      Any developments coming to north of Seattle market?

      • Toll Brothers says:

        Hi Laura, we appreciate your interest in Toll Brothers! Yes, we have two communities north of Seattle coming soon – Centre Cottages and Canopy Cottages. You can explore both of these locations here. Please let us know if you have any other questions. Thanks!

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