DPR Construction, a national builder specializing in complex and sustainable projects, announced today its purchase of Atlanta-based Hardin Construction Company, LLC. The two companies are combining operations in the Southeast and Texas markets, including Atlanta, Austin, Houston, Raleigh, Tampa, Orlando and West Palm Beach. The combined company will operate nationally as DPR Construction, with the exception of Atlanta where it will operate as DPR Hardin Construction.
“We’re excited to add such a great company of builders to our organization. We’ve always had tremendous respect for Hardin and share a common approach to business, particularly our commitment to customers, our people and core company values,” said Doug Woods, co-founder and president of DPR. “Together, we are even stronger, particularly in the Southeast, a geography that offers significant growth potential.
“Hardin is a good fit for DPR. We share ideals and beliefs, we are both active in the communities in which we operate, and, most of all, we both care a great deal about our people and moving the industry forward,” said Brantley Barrow, who has served as Chairman of Hardin since 1979 and, along with retiring President, Bill Pinto, will assume supporting roles throughout the Southeast.
Russ Brockelbank, an Atlanta-native and a 15-plus-year Hardin veteran, will continue to be responsible for day-to-day Atlanta operations for DPR Hardin Construction. “We’re excited about what this deal means for our customers and employees. Now, our presence is stronger, our roots run even deeper, and our experience is unmatched in the marketplace.”
The newly-combined company will have seven offices and more than 500 professional staff and craft employees throughout the Southeast and Texas, with a projected 2013 revenue exceeding $800 million. Operating as a “local builder with national capabilities,” DPR will have 18 offices nationally, with nearly 3,000 professional staff and craft employees and a projected 2013 revenue of $2.8 billion. The company will continue to focus on its core markets and building complex and sustainable projects.
Both companies are privately held and terms of the agreement will not be disclosed. Hardin projects currently under construction will be completed as Hardin Construction, including joint venture projects.
About DPR Construction
DPR Construction is a forward-thinking national general contractor and construction manager specializing in technically complex and sustainable projects for the advanced technology/mission critical, life sciences, healthcare, higher education and corporate office markets. Founded in 1990, DPR is a privately held, employee-owned company that has grown to a multi-billion-dollar organization with 18 offices around the country, including Atlanta, Austin, Texas, Denver, Houston, Newport Beach, Calif., Orlando, Fla., Pasadena, Calif., Phoenix, Raleigh, N.C., Redwood City, Calif., Richmond, Va., Sacramento, Calif., San Diego, San Francisco, San Jose, Calif., Tampa, Fla., Washington D.C. and West Palm Beach, Fla. It is currently ranked No. 15 on FORTUNE’s “100 Best Companies to Work For” list (2013). For more information, visit http://www.dpr.com.
Related Stories
Construction Costs | Feb 27, 2024
Experts see construction material prices stabilizing in 2024
Gordian’s Q1 2024 Quarterly Construction Cost Insights Report brings good news: Although there are some materials whose prices have continued to show volatility, costs at a macro level are returning to a level of stability, suggesting predictable historical price escalation factors.
Construction Costs | Feb 22, 2024
K-12 school construction costs for 2024
Data from Gordian breaks down the average cost per square foot for four different types of K-12 school buildings (elementary schools, junior high schools, high schools, and vocational schools) across 10 U.S. cities.
MFPRO+ Special Reports | Feb 22, 2024
Crystal Lagoons: A deep dive into real estate's most extreme guest amenity
These year-round, manmade, crystal clear blue lagoons offer a groundbreaking technology with immense potential to redefine the concept of water amenities. However, navigating regulatory challenges and ensuring long-term sustainability are crucial to success with Crystal Lagoons.
Architects | Feb 21, 2024
Architecture Billings Index remains in 'declining billings' state in January 2024
Architecture firm billings remained soft entering into 2024, with an AIA/Deltek Architecture Billings Index (ABI) score of 46.2 in January. Any score below 50.0 indicates decreasing business conditions.
AEC Tech | Feb 20, 2024
AI for construction: What kind of tool can artificial intelligence become for AEC teams?
Avoiding the hype and gathering good data are half the battle toward making artificial intelligence tools useful for performing design, operational, and jobsite tasks.
Building Tech | Feb 20, 2024
Construction method featuring LEGO-like bricks wins global innovation award
A new construction method featuring LEGO-like bricks made from a renewable composite material took first place for building innovations at the 2024 JEC Composites Innovation Awards in Paris, France.
AEC Tech | Feb 20, 2024
ABC releases technology guide for AI in construction
Associated Builders and Contractors has released an artificial intelligence (AI) technology guide for the U.S. construction industry. AI in Construction — What Does It Mean for Our Contractors? outlines definitions, construction use cases, and considerations for the implementation of AI in construction.
Codes and Standards | Feb 20, 2024
AISC, AIA release second part of design assist guidelines for the structural steel industry
The American Institute of Steel Construction and AIA Contract Documents have released the second part of a document intended to provide guidance for three common collaboration strategies.
Student Housing | Feb 19, 2024
UC Law San Francisco’s newest building provides student housing at below-market rental rates
Located in San Francisco’s Tenderloin and Civic Center neighborhoods, UC Law SF’s newest building helps address the city’s housing crisis by providing student housing at below-market rental rates. The $282 million, 365,000-sf facility at 198 McAllister Street enables students to live on campus while also helping to regenerate the neighborhood.
MFPRO+ News | Feb 15, 2024
UL Solutions launches indoor environmental quality verification designation for building construction projects
UL Solutions recently launched UL Verified Healthy Building Mark for New Construction, an indoor environmental quality verification designation for building construction projects.