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WATFORD CITY, ND—Thousands of oil and gas workers recently poured into this arid region in western North Dakota and quickly overwhelmed the housing stock of its small towns and cities. And MondayOne, a California-based developer, just became the latest firm to scout the area and see an opportunity. They will begin constructing the 105-unit Pheasant Ridge town home community here in late summer with the first move-ins expected by the end of the year. But unlike many projects targeting the newly-arrived oil workers, these new homes will feature three-bedrooms, and MondayOne officials hope they will attract families and form the building blocks of a new community.

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