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McGrath & Associates to Convert PolyAd Services Warehouse in Earth City

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McGrath & Associates has begun design/build work to convert 85,000-square-feet of warehouse space at the PolyAd Services facility in Earth City into a combined $8.4 million production, R&D labs, headquarters and conference center for ALTANA’s BYK North America Plastics team. PolyAd Services, a manufacturer of plastics additives, was acquired last year by the German specialty chemicals company BYK (a member of the ALTANA group). The construction project is scheduled for completion in July 2018.

The new space will accommodate PolyAd R&D labs and offices, Addcomp production, a shared plastics laboratory, a seminar room to seat up to 42 people, and smaller conference rooms for break-out sessions, all of which will support on-site customer seminars and collaboration projects for the new BYK Plastic Additives Competence Center.

McGrath completed design and construction of PolyAd Services’ plastic additives manufacturing facility in the same building in November 2015.

McGrath & Associates is a 100 percent employee-owned general contractor and construction management firm specializing in commercial, health care, industrial, institutional and pharmaceutical construction projects since 1983.For more information, call Ken Knobbe at (314) 772-7600 or visit www.mcgrathconstruction.com.

Metro Lighting Earns 2018 ENERGY STAR Partner of the Year Award

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Missouri’s largest lighting distributor receives national recognition for outstanding achievements in energy efficiency

Metro Lighting, a locally-owned family business, is proud to announce that it received the 2018 ENERGY STAR® Partner of the Year Award for its outstanding efforts to promote energy-efficient lighting products. Metro Lighting’s accomplishments will be recognized by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE) at a ceremony in Washington, D.C. on April 20, 2018.

Each year, the EPA and DOE honor a variety of businesses and organizations for their commitment to reducing energy usage, saving money and protecting the environment through superior energy-efficiency achievements. Metro Lighting has been an ENERGY STAR partner since 2008 and is being recognized by the EPA for the ninth time. Past recognition includes the Excellence Award – Lighting Retailer or Showroom, Partner of the Year – Climate Communications, and Partner of the Year – Retailer.

“It’s an honor to once again be recognized with the ENERGY STAR Partner of the Year Award,” said Bill Frisella, president of Metro Lighting. “Receiving this prestigious award for a ninth time demonstrates our commitment to improving our energy performance, providing energy-efficient products and reducing our impact on the environment.”

In 2016 alone, ENERGY STAR-certified products, homes, buildings and plants helped Americans save more than $30 billion in energy costs and approximately 400 billion kilowatt-hours of electricity, while achieving broad emissions reductions.

“The 2018 ENERGY STAR Partners of the Year have demonstrated real leadership, showing how American families and businesses can save energy, save money, and reduce air emissions,” said Bill Wehrum, EPA Assistant Administrator for Air and Radiation.

For a complete list of 2018 winners and more information about ENERGY STAR’s awards program, visit www.energystar.gov/awardwinners.

METRO Lighting is a locally-owned family business. In 1967, St. Louis Electric Supply consisted of one delivery truck and a basement and a garage overflowing with circuit breakers, wire and conduit. For more information on energy savings, Metro’s services and locations or to shop online visit: www.metrolightingcenters.com or   www.metroelectricsupply.com

ENERGY STAR® is the simple choice for energy efficiency. For over 25 years, EPA’s ENERGY STAR program has been America’s resource for saving energy and protecting the environment. Join the millions already making a difference at energystar.gov. More background information about ENERGY STAR can be found at energystar.gov/about and energystar.gov/numbers.

Midas Hospitality Creates New Sister Company Midas Capital

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Midas Hospitality, a premier hotel management group, recently created a sister company called Midas Capital.

The company’s new office, which is located at 63 Wall St. in New York, will be led by Director of Investments Josh Burrell.  Director of Investments Eric Goettelmann will head the St. Louis office, which is located at 1804 Borman Circle in St. Louis and is the headquarters of Midas Hospitality.

Midas Capital will offer investors a new fund vehicle in order to raise money for future hotel acquisitions and developments.  Instead of investing in only one hotel, this new opportunity gives Midas investors greater diversification as the fund targets approximately 10 to 15 hotel projects.  Midas Capital plans to raise up to $100 million by the middle of 2019 with the assistance of approximately 250 investors.  Midas Capital estimates its new fund will allow Midas Hospitality to employ an additional 350 employees across the Midwest and Southeastern states.

Burrell’s responsibilities include strategy development, acquisition due diligence, investor relations, and sector research.  He possesses more than 10 years of investment advisory, capital markets, and acquisition work.  Burrell is a member of the New York Society of Security Analysts and a member of the CFA Institute.  Prior to joining Midas Capital, he served as the Vice President in the Capital Advisory Group for Lazard Asset Management, a global investment banking firm based in New York City.  Burrell previously worked as a senior analyst in both New York and London at Moody’s Investor Services.  He currently serves as a board member on the Gateway Disabled Ski Program and holds FINRA Series 7 and 63 licenses.  He earned his Bachelor of Science in Business Administration (B.S.B.A.) degree with a concentration in finance in the Applied Financial Analysis program from the John Cook School of Business at Saint Louis University.

Goettelmann’s responsibilities include managing equity raises, as well as leading projects and corporate financing initiatives such as modeling and underwriting for new developments and acquisitions, deal structuring, debt procurement, debt management, financial reporting, forecasting, performance analysis, and ensuring Midas Capital and its funds are operating within compliance of the SEC and other regulatory bodies.  He has over 10 years of finance, accounting, business development and acquisition, and consulting experience, which includes serving as Controller for Midas Hospitality.  Prior to joining Midas Hospitality, Goettelmann worked in the assurance services department at a local public accounting firm while co-founding and establishing multiple businesses.  He is a member of Audubon Associates, co-founder of Milk and Honey in Wildwood, Mo., and serves on the board of the Midas Hospitality Family Foundation.  He is currently earning his Master of Business Administration (MBA) degree from the Olin Business School at Washington University in St. Louis and has his Bachelor of Science in Business Administration (B.S.B.A.) degree with a concentration in Accounting from the John Cook School of Business at Saint Louis University.

“Midas Capital offers a new approach to our investors where they can now be involved with multiple hotels and opportunities at one time,” said co-founder and managing member J.T. Norville.  “We are looking at developing a wider diversification of business ventures where we can make the best use of our long-term experience, strong network, and vertically-integrated brand.”

For more information about Midas Capital, call Josh Burrell at (347) 352-4170, Eric Goettelmann at (636) 293-6411, or visit www.midashotelfund.com.

Founded in 2006, Midas Hospitality has developed, opened and currently manages numerous properties including 40 hotels in 14 states.  The company serves global brands including Hilton, IHG, Marriott, and Starwood.  Midas Hospitality’s headquarters are located at 1804 Borman Circle Dr. in Maryland Heights, Mo.  For more information, call (314) 692-0100 or visithttp://www.midashospitality.com.

Midwest BankCentre Presented with Community Leader Award from Bosnia Memory Project

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Midwest BankCentre, a leading community investor in the Bosnia Memory Project at Fontbonne University, was recognized on March 27 with the inaugural Bosnia Memory Project Community Leader Award. The awards event attracted more than 100 Bosnian business leaders, bank customers, Fontbonne representatives and community members.

“Midwest BankCentre has been a leader in community engagement and in serving St. Louis’ Bosnian community,” said Dr. Ben Moore, co-founder and director of the Bosnia Memory Project, which is dedicated to establishing an enduring record of Bosnian genocide survivors, especially those living in metropolitan St. Louis. “The bank has done exemplary work with such organizations as the International Institute, Beyond Housing, and the Bosnia Memory Project, working collaboratively to reach the underserved.”

The Bosnian population in St. Louis totals more than 60,000, many of whom are served by 17 Bosnian-speaking Midwest BankCentre team members working at five of the bank’s 19 branches: Bevo, Lindbergh, Lemay, Oakville and Grand. St. Louis is home to the largest Bosnian community outside of Bosnia. Nearly all these community members came to St. Louis as a result of the war and genocide perpetrated in Bosnia from 1992-1995. Bosnians were allowed to immigrate to the U.S. as refugees, and St. Louis became a preferred destination due to the availability of jobs and inexpensive housing. Today, they are homeowners, business owners and significant contributors to the local economy and culture.

“We are grateful for the opportunity to be deeply invested in the Bosnia Memory Project at Fontbonne,” said Jim Watson, chairman and chief executive officer of Midwest BankCentre. “Over the past several years, we’ve developed strong bonds with Bosnian-American immigrants as both employees and customers of Midwest BankCentre. More than 25 percent of our 19 branches are staffed by at least one employee whose native tongue is Bosnian. Our community banking relationships have helped a number of local businesses start up and grow as family businesses and reliable employers.”

Editor’s note:  Midwest BankCentre has been a mainstay of St. Louis community banking since 1906. With a staff of nearly 300 working at 19 bank locations in the City of St. Louis, St. Louis County, Jefferson County and St. Charles County, it ranks among St. Louis’ largest locally owned banks with assets of about $1.9 billion and deposits of $1.4 billion. It provides integrated financial services with expertise in commercial, retail and digital banking; business cash management; mortgage lending; consumer lending; and insurance. www.midwestbankcentre.com

Fontbonne University is a Catholic institution of higher education offering liberal arts and professional programs, as well as evening and online formats for busy adults. Fontbonne was founded in 1923 and is sponsored by the Sisters of St. Joseph of Carondelet. www.fontbonne.edu.

Photo Above:  More than 100 Bosnian business leaders, Midwest BankCentre customers, Fontbonne representatives and community members attended the first Bosnia Memory Project Community Leader Award presentation to Midwest BankCentre on March 27. Gathering for the occasion were (from left) Midwest BankCentre Chairman and CEO Jim Watson, Fontbonne University President Michael Pressimone, Bosnian business leader and bank board member Ibraham Vajzovic, and Dr. Ben Moore, co-founder and director of the Bosnia Memory Project at Fontbonne.

 

Kyle Stigler, Project Engineer with IMPACT Strategies Completes AGC of America’s Project Manager Development Program

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Kyle Stigler, Project Engineer with IMPACT Strategies completed AGC of America’s Project Manager Development Program. He was recently recognized by The Southern Illinois Builder’s Association (SIBA) at their Spring Industry Reception for completing this Construction Advancement Program.

The program included the study of Five Modules over the course of 40 weeks. The Five Modules covered the topics of Estimating & Job Costing, Contract Administration, Project Administration, Risk Management, and Leadership. “These are great refresher courses for young professionals in the industry.” said Stigler. “I’m grateful to work for a company that provides these kinds of opportunities.”

Stigler joined his classmates once a week for 3 hours for almost a year. Over that time, he started to build relationships and network with those involved in SIBA. Stigler said “It’s a great way to get involved and be active in SIBA. You gain a great understanding of who can help and how.”

IMPACT Strategies encourages their employees to continue their education and be involved in industry associations. “We know our people are our greatest asset,” said Mark Hinrichs, President of IMPACT Strategies, “Investing in them, is investing in our future growth.”

IMPACT Strategies, Inc. specializes in Retail, Commercial, Medical, Senior Housing and Education construction and offers comprehensive construction services including design-build, general contracting, construction management and pre-construction management. The company is headquartered in Fairview Heights, Ill. with an office in St. Louis, Mo. and primarily serves clients in the St. Louis metropolitan area and throughout the Midwest.

Media Contact: Stephanie Sullivan, IMPACT Strategies, Inc. (618)394-8400 or ssullivan@BuildwithIMPACT.com

FI Strategies Partners with NewGround Strategic Partnership to Better Serve Clients Nationwide

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NewGround, a St. Louis-based innovative design firm, is excited to announce our strategic partnership with FI Strategies, LLC.

FI Strategies is a consulting firm for financial institutions that specializes in strategic and tactical planning, growth strategies, and cultural initiatives and process improvement. NewGround is an innovative design firm that specializes in creating custom financial and corporate facilities. Together, the organizations will work to help better serve and meet the needs of their clients.

“This strategic alliance combines the strengths and resources of both NewGround and FI Strategies to deliver dynamic solutions that help financial institutions grow and build success,” says Paul Robert, Chief Executive Officer of FI Strategies, LLC. “The partnership between NewGround and FI Strategies will positively impact both companies since we both focus on strategy-driven initiatives.”

“NewGround uses strategy as our north star, and aligning with a strategic partner like FI Strategies that specializes in helping their clients develop strategic plans to grow is a natural fit for our organization,” says Kevin Blair, President and CEO of NewGround. “This strategic partnership is an exciting time for both organizations.”

FI Strategies, LLC is a small but mighty consulting company with a unique suite of big personalized solutions. Our mission, simply stated, is to help financial institutions be wildly successful by planning, growing, and simplifying their business. For more information, please visit FI Strategies at www.fi-strategies.com.

NewGround designs and implements branded experiential spaces that transform and differentiate organizations driving growth and performance for their clients. Headquartered in St. Louis, Missouri, NewGround maintains corporate offices in Chicago, Illinois, Hawaii, and Toronto, Ontario, with regional presence throughout the US. For more information, visit NewGround at www.newground.com.

KWK Architects Designing New $3.5 Million Athletic Stadium at Westminster College in Fulton, MO

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Facility is largest capital improvement project on campus in over a decade 

KWK Architects is working on designs for a new $3.5 million athletic stadium at Westminster College in Fulton, MO, following a surprise announcement to students last week.

The new facility is made possible in part by a $3 million gift from college alumnus Kent Mueller and his wife, Judy. Westminster students learned of the big news on March 13 during a luncheon at the college’s Historic Gymnasium.

“On behalf of the entire Westminster community, I want to thank Kent and Judy Mueller for their strong support of our students, programs and facilities,” said Westminster President Fletch Lamkin. “The Muellers were leaders during my first tenure as President of Westminster with their transformational gifts to make this a beautiful campus, and now they are stepping up to the plate once more to provide the quality athletic facilities our student-athletes deserve. This is great news for our students and prospective students.”

The new stadium will be located within the college’s existing sports complex, which includes a training facility, softball and baseball fields and tennis courts, along with football and soccer fields.

“The current location of the main athletic field does not adequately utilize the site’s potential for a new stadium,” said KWK Principal Eric Neuner, AIA, NCARB. “The plan is to replace the current field with a new turf field and 2,000-seat stadium to the north and to create more practice fields and possibly a running track to the south in the future.”

The new athletic stadium, the largest capital improvement project on campus in over a decade, will be used for Westminster and local community events. A walking track around the new field for use by students and the public is also planned.

Phase I of the project will include new turf, scoreboard and lights on the field and is expected to be completed by the start of the 2018 football season.

Phase II, which will include construction of the bleachers, press box, concessions and restrooms, is expected to be completed in summer 2019.

Founded in 2013 by five architects with a combined 150 years of higher education knowledge and experience, KWK Architects partners with colleges and universities across the United States to create innovative and inspiring places that enhance campus life. For more information about KWK Architects, visit www.kwkarchitects.com or contact Director of Marketing Cindy Hausler at cindyh@kwkarchitects.com or 314-583-1757.

Cohen Architectural Woodworking Receives AWI Award of Excellence

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Cohen Architectural Woodworking has been named a recipient of the Award of Excellence by the Architectural Woodworking Institute (AWI) for its work with the Delbert Day Cancer Institute in Rolla, MO. This is the fourth time Cohen has received the AWI award.

The Delbert Day Cancer Institute (DDCI) at Phelps County Medical Center opened in 2017. It includes designated areas for radiation oncology, medical oncology, laboratory and imaging services, an infusion room, physician offices, and areas for a community conference center, retail space and café. Cohen supplied the woodworking and fabrication for the facility, and design was by BSA Life Structures in St. Louis.

DDCI is designed around the convenience and comfort of the patient and their family, and, to that end, Cohen fabricated maple wall dividers and nurses stations, as well as high pressure decorative laminate wall paneling, for the facility. Featured are on-stage and off-stage segregation between family/patient and staff/physician work centers. An on-stage/off stage module organizes spaces so patients do not see behind-the-scenes activities, and separate access is provided to exam rooms for patients and staff, all in support of a calming and reduced stress experience.

“Cohen Architectural Woodworking is proud to be recognized as an Award of Excellence recipient for our work at The Delbert Day Cancer Institute. DDCI is a special facility providing the upmost in care and comfort for those needing cancer treatment. We are excited to help bring the board’s vision to reality and provide a local facility to help meet the needs of their patients,” said Phillip Cohen, CEO of Cohen Architectural Woodworking.

Founded in 1982, Cohen Architectural Woodworking is a family-owned architectural woodworking firm headquartered in St. James, Missouri. For more information visit www.cohenwoodworking.com

TriStar Properties & World Wide Technology Team on Gateway Commerce Center in Edwardsville, Ill.

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Two New Buildings to Total 2.025 Million SF in Largest Industrial Lease Transaction in St. Louis History

Developer TriStar Properties and tenant World Wide Technology (WWT) have announced plans to team on the creation of a 176-acre campus valued at more than $115 million at Gateway Commerce Center, a nationally prominent 2,300-acre logistics and bulk distribution park located outside Edwardsville, Ill.

Founded in 1990, privately held WWT is an international technology solution provider with $10.4 billion in annual revenue and more than 4,600 employees. With headquarters in St. Louis, the minority business enterprise (MBE) operates more than 70 offices worldwide.

The lease calls for TriStar to develop two equally sized buildings totaling 2.025 million square feet, supported by parking for nearly 2,000 vehicles. It is believed that the WWT lease is the largest industrial property transaction executed in the history of metro St. Louis.

The deal, inked March 9, 2018, represents the culmination of a seven-month competition involving many of the top commercial developers in the St. Louis market said Bobby Klucker, director of development for TriStar. “What tipped the scales in our favor was our ability to provide a campus environment that is expandable by 1.4 million square feet and that has direct access to an interstate highway interchange. There was also a high level of confidence in the ability of TriStar and its construction partners and vendors to complete the one-million-plus square foot buildings on an extremely aggressive construction schedule.”

Work will begin later this month on WWT’s first building, a Technology Center devoted to the production and assembly of technology equipment. It is to be completed in April 2019. A Logistics Center, for product storage and distribution, is to be completed in August 2019.

Both buildings will be formed from tilt-up concrete panels and have 36-foot clear-height ceilings plus dock doors and truck courts.

Long-time partner, PCCP, LLC, a national real estate finance and investment management concern based in Los Angeles, Calif., is teaming with TriStar on the WWT project. The buildings will be the sixth and seventh joint-ventured by the duo.

Michael Towerman, co-founder and president of TriStar, noted that “with 18 bulk buildings containing nearly 13 million square feet under roof, we continue to be pro-active in producing distribution space that anticipates the need of major consumer goods companies for efficient, expandable bulk space configurations.”

Currently offered at the development is newly completed Gateway East 594, a 593,940-square-foot cross-docked facility with 36’ clear-height ceilings, 570 feet of depth, 66 dock doors and two drive-in doors. Standing on a 54-acre site, it is expandable to roughly 1 million square feet.

In addition to WWT, Gateway tenants include AmazonDial Corp., GENCO ATC, GEODIS, The Hershey CompanyOzburn-Hessey LogisticsProctor & GambleSave-A-LotSaddle Creek Logistics Services, DB Schenker, Schneider NationalUnileverUSF Logistics,Walgreens and Yazaki of North America.

Founded in 1996, TriStar Properties is a nationally recognized real estate developer. Typically operating through affiliated joint ventures or partnerships, its activity log includes sale or development transactions involving more than 5,000 acres of commercial and residential land; apartment complexes; 1.5 million square feet of office space; 1.2 million square feet of retail space; and several million square feet of industrial/distribution space.

PCCP, LLC is a real estate finance and investment management company that focuses on commercial real estate debt and equity investments. With offices in New York, San Francisco and Los Angeles, it has approximately $6 billion in assets under management on behalf of institutional investors.

Since its inception in 1998, PCCP has successfully raised, invested and managed approximately $10 billion of institutional capital through private equity funds, separate accounts and joint ventures. Learn more about PCCP at www.pccpllc.com.

Holland Preconstruction Planning Expedites Client-Owner’s Project

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Long before construction began in February on what will become the South Grand Apartments in South St. Louis, Altus Properties sought preconstruction expertise from Swansea, Ill.-based Holland Construction Services (Holland). But the professional relationship building began well before that, said Josh Udelhofen, managing director of development for Altus.

 

“Doug (Weber, director of multifamily housing and project executive at Holland) and I met each other during my tenure at the Koman Group back in 2015 when Koman was partnering with Green Street St. Louis to develop CHROMA, the mixed-use development formerly known as Chouteau’s Grove,” said Udelhofen. “That’s how we were first introduced to each other. From that time forward, Doug and I grew our professional relationship. Several years later, when Altus was looking for proven preconstruction expertise for the South Grand project, we looked no further than Holland.”

Holland assisted Altus in navigating the preconstruction process for the South Grand Apartments – a 124-unit, market rate living community in the 2200 block of South Grand Boulevard on the former site of the South City Family YMCA. The development is scheduled for completion in May 2019, according to Weber. Units will range from studios to those with one and two bedrooms.

“We (Holland) began working with Altus on this development in September 2016,” Weber said. “Over the last seven years, Holland has completed or currently has under construction 12 market rate (multifamily) projects in the St. Louis area. We have a good handle on current trends and pricing of the different  components inherent in these multifamily living developments. Taking this knowledge to clients like Altus to enable them to make the best decisions possible during design is key to the preconstruction service that we provide. Holland has a tremendous amount of respect for Altus,” he added. “Our target client is one who values the expertise we bring to the table, and one who sees us as a service-oriented company.

Udelhofen said Altus owns more than 60 buildings in St. Louis, Minneapolis and Kansas City, Mo. High-profile Altus buildings in St. Louis include Magna Place at Hanley Road and Interstate 40 in Brentwood, Creve Coeur Pavilion on Olive Boulevard and I-270 and the Bemiston Tower in Clayton.

During the preconstruction phase of commercial construction projects, Holland works closely with designers to achieve the best, most cost-effective solutions. Developing a doable project timeline and specifying optimal assembly methods are also part of Holland’s preconstruction expertise, Weber said.

Photo caption: Developed and Owned by Altus Properties

Holland Construction Services is a full-service construction management, general contracting, and design/build firm based in Swansea, Ill., guided by the principle of providing our clients the best possible building experience on every project.  Holland has been providing quality construction services throughout the Midwest since 1986, when it was founded by company CEO Bruce Holland.

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