Search
 

Local Contractor, NY Firm Partner in Joint Venture

CORAL GABLES, FL-Under the joint-venture relationship, KM Construction Co., formed two years ago and based here, will do all projects south of Palm Beach County in conjunction with Plaza Construction Corp.

By Melissa Bogdany | Updated on June 02, 2004

CORAL GABLES, FL-KM Construction Co., a two-year-old commercial and multifamily general contractor based here, has formed an ongoing joint-venture relationship with Plaza Construction Corp., a New York-based construction firm.

The relationship means both companies will work together on all projects west, east and south of Palm Beach County, sharing all responsibilities, Brad M. Meltzer, co-owner and president of KM Construction, tells GlobeSt.com. Meltzer previously worked for Plaza in New York.

“Plaza was looking to have a local presence in the South Florida market,” Meltzer says. “We get greater bonding capacity and greater insurance capacities, along with a stronger financial history.” Plaza does $500 million to $600 million annually. “With that relationship and affiliation, we gain some credibility.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.