Monday, January 7, 2013

McCarthy growing, moving to new office - St. Louis Business Journal:

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The St. Louis-based general contractodr will expand its Dallas regional office space by 50 percent when it moveeinto 16,000 square feet in Coit Centrakl Tower later this month. The companyu will exit 10,000 square feet in moving 41 employees to thenew location, whicbh will serve as the company’as Texas headquarters. The firm is probably best knowm in North Texas as the general contractoer for thenew $185 million Blue Crose and Blue Shield of Texas headquarters campus undere construction in Richardson.
That project is scheduledr for completion by Butfour big-ticket Texas jobs scheduled to start late this summer will boost the company’s workload for the next coupl of years, said McCarthy’s Texas Division Presidentg Mike McWay. The projects are a $40 million replacemen building for the DallasCountrgy Club, a $31 million ground-up construction of the Dallas City Performances Hall, a $46 million water treatment plant for the City of Fort Wortu and a $100 million expansion of Midlanc Memorial Hospital in West Texas, McWayh said.
“It’s hard to be bullish in this McWay said, “but we’re trying to stay true to our We very much understand the challengexs in themarketplace — there’s increased competitiobn and fewer projects. Most firms are backing up, but our goalz are set around continuinv togrow (revenue) at about 10 perceny this year and, so far, we’re on The company’s Texas division had revenu e of about $350 million in 2008, an increasw of at least 10 percent. St.
Louis-based McCarthy, an employee-owned company, is the nation’d 10th largest domestic general contractor, according to trad publicationEngineering News-Record, and one of the nation’ oldest privately held construction McCarthy offers general contracting, construction management and design/build services for the following project types: health educational, office buildings, bridges and highways, laboratory, entertainment, retail, microelectronic, industrial facilities, tenant interiors, parkinv structures, mixed-use and multifamily residential.

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