Top Green Contractors: Health-Care Projects Boost Green Revenues in Texas, Louisiana
With a wave of sustainability initiatives sweeping the region in recent years, green construction is now standard for many of today's top contractors. But just as overall construction revenue declined in 2010 as the prolonged economic slump continued, green building revenue also declined.
Total revenue last year at the 40 largest green contractors in Texas and Louisiana combined came in at $4.4 billion. In the previous year, the top 40 green firms in Texas alone reported nearly $4.4 billion in revenue.
Still, the market held relatively stable, thanks in part to major health-care projects with green goals. Clark Construction reached the top of the current list, thanks in large part to its work on the $556-million San Antonio Military Medical Center at Fort Sam Houston in San Antonio. The project, which will be completed in September, aims to achieve at least a LEED-Silver certification.
Hunt Construction, which is Clark Construction's joint-venture partner on the project, also reaped the benefits in this year's rankings, landing at No. 10 on the list. Last year, Hunt was not ranked among Texas' top 40 green contractors.
In November, Hensel Phelps Construction reached substantial completion on the $115.8-million University of Texas at Arlington Engineering Research Complex. The 330,000-sq-ft project achieved LEED-Gold certification.
Contractors with significant federal work, such as Sundt Construction and Balfour Beatty Construction, saw their rankings improve this year, thanks to projects with green requirements.
Check out our Top Green Contractors chart [listed under "Related Links"] to see how the region's firms rank.
