Top 23 Commercial Construction Companies in 2024

It can be difficult to create projects that meet the requirements and expectations of clients, but competent commercial construction companies will make use of their tools and procedures to get the greatest results.

However, that isn’t very sensible if they don’t publicly exhibit their work. One of the most important characteristics of strong commercial construction companies that understand their worth and place in the market is documenting their work and sharing their successes. Additionally, it demonstrates faith in the team’s abilities and processes to produce high-quality projects consistently.

The construction industry is divided into numerous sub-industries that provide services for institutional, commercial, industrial, and civil construction. Engineering News-Record (ENR) publishes a list of the Top 400 Contractors each year. Their most current 2023 report states that the featured companies brought in $460 billion in revenue overall.

You must begin your search for the best commercial construction companies as you move closer to a commercial building project. Finding the ideal contractor isn’t always simple, though. Selecting a business to collaborate with involves many factors. There is no denying that the construction industry is fiercely competitive, which highlights the leading candidates for the title of largest general contractor.

What is Commercial Construction?

Private sector construction is what we mean when we talk about commercial construction. Commercial construction projects involve constructing and marketing commercial buildings, including warehouses, offices, retail stores, and industrial facilities. General contractors are hired by business owners, managers, and developers to construct or renovate their commercial buildings.

A general contractor company is in charge of supervising and constructing a commercial construction project. General contractors can operate in both the residential and commercial construction industries. Residential building projects in various regions of the construction industry differ in that they are for individual housing projects.

Even while a general contractor may have training and expertise in both commercial and residential buildings, they might exclusively work in one of these market segments. When selecting commercial construction companies, find out what industries they serve as some general contractors may only service a limited number of industries.

If general contractors lack the manpower or expertise in a particular project area, like plumbing, they may also employ subcontractors to complete the work. The wide field of commercial construction includes a wide range of undertakings. The following are a few of the most typical commercial construction projects.

• Eateries
• Hospitals
• Grocery and Retail Stores
• Retail Centers Lodging (Pensions, Condos, etc.)
• Industrial Buildings (Warehouses, Factories)
• Institutional Structures: Universities and High Schools
• Athletic Facilities

Suggested article to read: Top 21 Construction Management Company; 2024 Review

Top 23 Commercial Construction Companies

Companies that specialize in the design, construction, and refurbishment of commercial structures, such as office buildings, retail establishments, and industrial facilities, make up commercial construction companies. These businesses provide a wide range of services, such as engineering, general contracting, architectural design, and project management. They collaborate closely with clients to guarantee that building projects fulfill their unique needs and follow safety guidelines.

The expansion of infrastructure and the rising demand for commercial space are driving industrial growth. Commercial construction companies are progressively integrating creative ideas and green building strategies into their projects due to technological breakthroughs and sustainable practices. The use of automation and digital tools to increase production and efficiency is another area in which this business is growing increasingly concentrated.

Here are the top 23 commercial construction companies worth knowing about:

1. Turner Construction

Turner Construction ranked first out of 400 leading general contracting firms, generating an astounding $16 billion in sales, up from $14 billion the year before. This business works on substantial, intricate projects in industries such as:

• Transportation and aviation
• Trade-related Learning
• Public and governmental sectors Industrial and manufacturing
• Athletics and public gatherings

Henry Turner founded the business in 1902, and since then, it has expanded to an unprecedented scale, hiring thousands of people to handle ever-larger megaprojects. According to their website, they are experts at using creative construction to alter communities. Among the noteworthy projects completed by Turner Construction both domestically and abroad are:

• The SoFi Stadium in Inglewood, California
• The Stanford Bing Concert Hall in Stanford, California
• The Bee County Jail and Sheriff’s Office in Beeville, Texas
• The Ridge and KL East Mall in Kuala Lumpur, Malaysia
• The Emirates Towers in Dubai, United Arab Emirates

2. Bechtel

Bechtel is one of the prominent commercial construction companies in the United States, with a workforce of thousands and an annual construction portfolio valued at $12 billion. Since 1898, it has finished over 25,000 projects worldwide.

Bechtel has prioritized strengthening the resilience of the global infrastructure, generating opportunities, and tying communities to essential resources to fulfill its objective of preserving the environment and fostering the development of a better society. In addition to addressing security and public health issues and improving the sustainability of their engineering processes, they work in transformational infrastructure, which is centered on:

• Networks for digital communication
• Information hubs
• Transportation modes like roads, trains, and airplanes
• Cities of the future
• Project funding

3. Mastec Inc.

Mastec Inc., a recent entrant on Engineering News-Record’s ranking of the top 400 largest general contractors, grew to become one of the largest commercial construction companies in the country, bringing in $11.6 billion annually.

Over 20,000 trained professionals, including tradespeople and numerous other professionals, are employed by the company. They have executed hundreds of projects across the nation and have about 20 office and retail locations. Mastec is an expert in creating infrastructure, specifically power plants, pipelines for oil and gas, water transmission systems, and other projects.

4. Kiewit Corporation

Since 1884, Kiewit Corporation has dominated the engineering and construction sectors by conducting business with ethics and honesty. They stand for a prestigious business with a devoted staff and an abundance of resources. Awards from the Kiewit Corporation consist of:

• Listed among the Great Place to Work Institute Canada’s Top 50 Best Workplaces, 2011–2022,
• Ranked third on the 2022 list of the Top 400 Contractors by Engineering News-Record
• Ranked fifth on the 2022 list of the Top 40 Canadian Contractors by On-Site Magazine
• 11 times in 2020, ranked #1 in the Engineering News-Record Rankings
• 37 times in the top 5 of the ENR Rankings as of 2021

5. STO Building Group

STO Building Group, also known as the Structure Tone organization, comes in second on the list of the biggest commercial construction companies, with an annual revenue of $10.3 billion, an increase from $9.5 billion the year before. Since its founding in 1971, the company has grown into a family of commercial construction companies with multiple branches throughout North America and Europe, employing thousands of people.

Although they work in a variety of fields, such as healthcare and education, their most well-known project is on cultural centers, where they have contributed to the construction of broadcast media, the arts, and entertainment facilities. For businesses like Bloomberg, ESPN, MTV, and others, they have constructed studios.

Suggested article to read: Top 101 Construction Company in World; 2024 Review

6. DPR Construction

With $9 billion in sales, DPR Construction, one of the biggest commercial construction companies, moved up to number six from its previous tenth position in the top 10. They identify as a self-performing general contractor who works on intricate and sophisticated construction projects.

DPR Construction is a flat, employee-owned company where committee leadership is shared. The company is well-known for creating energy-efficient buildings, healthcare facilities, and corporate headquarters for biopharmaceuticals. It is a national leader in the construction of technically difficult and environmentally demanding projects.

Although the 583,800 square foot Mayo Clinic West addition in Phoenix was one of their significant projects, they are probably best known for their work on Pixar Animation Studios in their native California.

Founded in Redwood City, California, in 1990, they currently serve clients in the life sciences, technology, healthcare, and commercial construction companies. They have expertise working on projects throughout Asia, Europe, South America, and North America, according to their portfolio.

7. Whiting-Turner Contracting

One of the biggest commercial construction companies in the country, Whiting-Turner Contracting has been in operation since 1909 and provides a wide range of services for both small and large projects. With its headquarters located in Baltimore, Maryland, WTC is one of the well-known and stable commercial construction companies. Since 1939, the company has not taken out a loan and has not undergone any acquisitions, buyouts, or name changes. It is frequently listed on construction lists.

On Engineering News-Record’s ranking of the biggest commercial construction companies, Whiting-Turner Contracting Company has dropped from fifth to seventh place. Its yearly income is still a significant $8.5 billion even though it has decreased from its prior $8.7 billion. Established in 1909, the corporation is headquartered in Baltimore, Maryland.

Among the significant projects they have worked on are the $1.5 billion Amazon air hub at Cincinnati Airport and the Port Covington waterfront redevelopment in Baltimore.

8. Fluor Corporation

Another well-regarded business is Fluor, which is well-known for its contributions to the American industrial and petroleum sectors. The company has added nuclear waste cleanup projects and disaster reconstruction to its list of environmental services in recent years, and they have grown to be important aspects of its business.

The Fluor Corporation has experienced a decline in sales as well, going from $11 billion to $7.9 billion in the past. Even Nevertheless, the company’s reputation is still important because it has been in operation for more than 110 years. With its main office located in Irving, Texas, the corporation has more than 40,000 skilled workers. Engineering, procurement, and construction are their primary service areas. One of their largest undertakings was the Berkeley, California-based Bayer Cell-Culture Technology Center, situated near Irving, Texas.

9. Clark Group

Since its founding in 1906, Clark Group has expanded to rank among the biggest infrastructure development firms in the US. Their projects include courtrooms, hospitals, government buildings, public education institutions, and more. Located in Washington, D.C., the National Museum of African American History and Culture and the International Spy Museum are two of its most prominent projects. The Clark Group employs approximately 4,400 people and generates over $6 billion in revenue annually.

With $7 billion in revenue annually, The Clark Group debuts in the top 10 this year. Since their establishment in 1906, they have contributed to a great deal of public and private construction projects. With a portfolio of businesses that includes Guy F. Atkinson Construction, Shirley Contracting Company, C3M Power Systems, and others, they currently employ over 4,000 people.

10. Skanska USA

Skanska USA is the last (but certainly not the least) major general contractor on our list. Even though their main firm is headquartered in Stockholm, Sweden, just their U.S. branch has generated $6.8 billion in revenue annually.

The parent company of Skanska USA, a publicly traded Swedish company, is Skanska AB. One of their largest projects, the $60 billion renovation of LaGuardia Airport, is located in New York, NY.

The business is renowned for its people-focused culture, which includes providing hardy, high-density helmets to construction site workers and sponsoring mentorship programs for female employees. Skanska provides services to a diverse clientele, encompassing the water, electricity, aviation, and healthcare industries.

Their primary goal is to contribute to the betterment of society by offering services for power plants, hospitals, airports, and other establishments. The corporation employs thousands of people and has offices all around the country. Among the noteworthy projects Skanska has worked on are:

• Florida Polytechnic University in Lakeland, Florida; the Tampa International Airport (TPA) Main Terminal and Airport Concession Redevelopment Program
• Houston, Texas’s Bank of America Tower
• California’s Yotel San Francisco

Suggested article to read: Construction Company: Top 10 in the World

11. Gilbane Building Company

The fifth generation of family owners, Gilbane Building Company, has over 146 years of experience in the field. They are regarded as a pioneer in real estate development and are based in Providence, Rhode Island. In addition to winning several accolades from the industry, such as five Construction Users Round Table Safety Awards, Gilbane offers integrated construction and facilities management services. They are in charge of the new $45 million medical clinic for the Holloman Air Force in New Mexico.

12. PCL Construction Enterprises

PCL is an association of autonomous commercial construction companies with operations in the US and other nations. The business gained notoriety for collaborating with CopperTree Analytics to integrate IoT services, data, and energy analytics into their building procedures. The company’s lost time frequency rate is five times lower than the national average, demonstrating PCL’s superior safety culture. The Terminal Two building at San Diego International Airport became the first LEED Platinum commercial airport in the United States when it was constructed in 2014. They also constructed the Stadium for the Los Angeles Football Club more subsequently.

13. AECOM

Aside from creating some of the most stunning and livable public areas on the planet and providing sustainable energy and water, AECOM has been recognized for the previous five years as one of Fortune magazine’s World’s Most Admired Companies. The organization, which employs 45,000 creative, technical, and management specialists, is renowned for being one of the biggest commercial construction companies. With its main office in Los Angeles, California, they have experience working on Olympic Park in London and The Grand, a billion-dollar mixed-use project.

14. The Walsh Group

With a portfolio of award-winning projects, the Chicago-based Walsh Group has been in the construction business since 1898. It offers a variety of general contracting, design, and construction management services. As the world’s largest constructor of bridges, water treatment facilities, and wastewater treatment plants, Walsh is at the top of the construction industry rankings. They constructed the Dart Blue Line in Dallas, Texas, and the Chicago Riverwalk in their hometown of Chicago.

15. JE Dunn Construction Group

With 26 locations and hundreds of projects nationwide, JE Dunn Construction Group is the eighth-largest general contractor company in the US. JD Dunn is undoubtedly a multifarious organization, offering a wide range of specializations from healthcare to aviation, corporate environments, and more. They are prosperous as well, bringing in over $6 billion a year. But JE Dunn places more importance on its employees’ well-being than just finishing projects to turn a profit. In actuality, JE Dunn was the recipient of the Best Managed Commercial Construction Companies Program’s 2023 US Best Managed Company Gold Standard award.

16. ARCO Construction Cos.

ARCO was established in 1992 to provide clients and employees with a delightful construction experience. The business is currently the biggest distributor of beverage centers. A 35,544-square-foot warehouse for A&B Distributors in Muskogee, Oklahoma, was its first building for the beer industry. Additionally, ARCO and TopGolf have partnered to construct over fifty cutting-edge golf projects around the nation.

17. HITT Contracting Inc.

With approximately $5.4 billion in revenue, HITT Contracting Inc. became one of the first commercial construction companies to ever be listed as a Top Contractor on ENR’s list in 2023. According to HITT, the secret to their business success is carefully assisting their clients’ development, building dependable connections, and growing when their clients are ready.

“This year’s record growth was fuelled by our steady, strategic national expansion plan for our 13 regional offices,” stated CEO Kim Roy, who notes that these offices account for over half of the company’s total income.

18. McCarthy Holdings Inc.

McCarthy Holdings takes great satisfaction in giving everyone a positive experience at every stage of the project’s life cycle. Their core values—”Genuine,” “We, not I,” and “All in”—evidence their dedication to excellence. Their commitment to diversity in the workplace and our status as a 100% employee-owned company make these ideals more than just platitudes.

McCarthy constructs a wide range of projects, including buildings and infrastructure. Among their most notable projects are the Red Rock Solar Plant and the Kansas City Proton Institute.

Suggested article to read: 7 Top Construction Company in Canada in 2024

19. Clayco

Clayco has been recognized by ENR as the top Midwest top 400 contractors, demonstrating their commitment to delivering top-notch commercial construction companies that meet all deadlines, budgets, and quality standards. Having over 3,500 people and a $5.8 billion yearly revenue, they are among the biggest commercial construction companies. The Tyson Foods Processing Facility and the East Terminal Expansion and Renovation Project at Fort Wayne International Airport are two of Clayco’s most notable projects.

20. Hensel Phelps Construction

Hensel Phelps was established in 1937 and has a long history of urban district development. The Greeley, Colorado-based company is well-known for its dedication to technical innovation; it gained notoriety for tracking, mapping, and measuring the Daniel K. Inouye Airport project in Hawaii using drone surveying and 3-D site survey technology. The Orlando International Airport’s Airside Four rehabilitation project was one of their other significant undertakings.

21. Brasfield & Gorrie

This is one of the commercial construction companies that has a 25-year history of serving as Modern Healthcare’s general contractor, having done so since 1998. With their extensive experience, Brasfield & Gorrie have constructed everything from aerospace facilities to buildings for education, healthcare, and energy.

22. Granite Construction

It is understandable why Granite Construction has grown to be among the biggest commercial construction companies in the United States given its commitment to construction safety and high-quality building for stakeholders. The corporation is based in Watsonville, California, and has an estimated $3 billion in yearly revenue.

23. Tutor Perini

Tutor Perini, a family-run company from its founding, takes pleasure in upholding its core values of intelligence, energy, and honesty. Tutor Perini has constructed railroads, monuments, and hired those in need during the Great Depression throughout the course of the last 120 years. In 2022, Tutor Perini’s revenue amounted to $3.8 billion.

Conclusion

The top commercial construction companies showcase a diverse range of projects with varying sizes, scopes, and industries. These business titans can inspire and show what the construction industry can look like in the future, whether you’re a worker searching for a new employer or the owner of your own company seeking ideas for expansion.

We may anticipate more fascinating initiatives that transform and redefine the globe when forward-thinking leaders like these are in charge. These massive construction companies will not only carry out globally recognized landscape-shaping projects, but they will also serve as an inspiration to small business owners to develop and innovate locally.

Owners of commercial construction companies are embracing innovation in several ways, such as altering the way they purchase equipment and looking for ways to cut costs, save time, and maintain a leaner inventory.

In the construction sector, success is not something that happens quickly. Numerous variables, both internal and external, might assist businesses in developing into sustainable enterprises. In general, the majority of prosperous businesses will depend on their internal procedures to prosper and lessen adverse external effects. Among the characteristics of the top businesses are excellent risk assessment, openness to innovation, high project delivery standards, and a positive corporate culture.

Resources:

Inven | BigRentz | H3ConstructionandDesign | GoCodes | Gobridgit | DeCoCorp | SafetyCulture

For all the pictures: Freepik