Power Construction

What Power Construction does

Power Construction is a privately held, Chicago-based commercial general contractor founded in 1920 (firmographic record also references 1926) that delivers construction management, design-build, and general contracting services across twelve market verticals: healthcare, multifamily residential, commercial office, science and research, hospitality and lifestyle, luxury residence, education, student housing, data center and technology, aviation, corporate interiors, and cold and food processing. The company operates self-perform trade crews in drywall, carpentry, concrete, millwork, cold-formed metal framing, acoustical ceilings, windows and doors, demolition, exterior cladding, and insulated metal panels, alongside a Virtual Design & Construction / BIM capability used for coordination on complex hospital and research builds. Notable projects include the Shirley Ryan AbilityLab (1.4M sf, 27 stories), Rush University's $650M Plan for Transformation, the Northwestern University Simpson Querrey Biomedical Research Center, One Chicago (2.1M sf mixed-use), the Wrigley Building renovation, and the in-progress HydraVault AI data center and Full House Resorts American Place Casino.

The company generates revenue through project-based construction fees on awarded work, operating a B2B enterprise field-sales model anchored by a 90% repeat and referral client rate with developers, healthcare systems, academic institutions, and corporations. GTM is relationship-driven with no public pricing tiers; pricing is negotiated per project based on scope, complexity, and market conditions. Power Construction maintains a headquarters at 8750 W. Bryn Mawr Avenue and a downtown Chicago office at 222 W Merchandise Mart Plaza, employs 251–500 staff supplemented by ~300 skilled tradespeople annually across Northern Illinois, and is led by President & CEO Jeff Geier with vertical VPs (Steve Jackson for Science, Aaron Moe for Office, Chris Goray and Tim Giegerich for Multifamily). The firm is privately held with no disclosed parent company, investors, or M&A activity in the input data.

Name

Power Construction

Legal name

Power Construction

Website

https://powerconstruction.net

Company type

Private

Founded year

1920

Operating status

Operating

Headcount range

251–500 employees

Short description

Power Construction is a privately held, 100+ year-old Chicago-based commercial general contractor delivering construction management, design-build, and self-perform trade services across healthcare, multifamily, office, science, hospitality, and emerging data center and gaming verticals for institutional and developer enterprise clients.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

NAICS

Commercial and Institutional Building Construction (23622), Commercial and Institutional Building Construction (236220), Nonresidential Building Construction (2362)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Office & Corporate Building Construction (IMAFACAA)

Keywords

• Commercial construction services
• General contracting
• Construction management
• Design-build services
• Preconstruction planning

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. General Construction Contracting: Power Construction generates revenue as a general contractor delivering construction projects across commercial, healthcare, multifamily, hospitality, office, science, education, and luxury residential segments. Revenue is project-based, derived from construction fees on awarded projects for developers, institutions, and corporations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Power Construction is a Chicago-based design and commercial construction firm that operates as a general contractor delivering construction management, design-build, and self-perform trade services. The firm delivers projects across twelve specialized market sectors including healthcare, multifamily, commercial office, science and research, hospitality, education, luxury residence, aviation, data center and technology, cold and food, corporate interiors, and student housing for enterprise clients primarily in the Chicago metropolitan area with select nationwide projects. Revenue is earned through construction fees on awarded projects negotiated with developers, healthcare systems, corporations, and institutions.

Product overview

Power Construction is a design and commercial construction company headquartered in Chicago, Illinois, operating as a single unified construction service rather than a platform-plus-modules architecture. The company offers a comprehensive portfolio of specialized construction services organized by market sector: Cold + Food, Data Center + Technology, Science Lab, Aviation, Corporate Interiors, Education, Student Housing, Healthcare, Hospitality + Lifestyle, Luxury Residence, Multifamily, and Office construction. Additionally, the company provides Self-Perform Services as an add-on capability delivering key trades (drywall, carpentry, concrete, insulated metal panels) with in-house forces. The portfolio spans from specialized vertical markets (aviation, healthcare, labs) to property types (multifamily, hospitality, office), with the Luxury Residence Group operating as a distinct sub-brand for custom high-end residential work.

Differentiator

Problem solved

Functional benefit

Brands

• Luxury Residence Group: Delivers single-family and condominium residences defined by craftsmanship, quality, and thoughtful detail—from downtown Chicago towers to North Shore estates, western suburbs, and southwest Michigan retreats.

Products and services

• Healthcare Construction General contracting and construction management for healthcare institutions including hospitals, medical office buildings, research centers, outpatient facilities, cancer centers, and rehabilitation centers. Serves major health systems and academic medical centers such as Northwestern Medicine, Rush University Medical Center, and Endeavor Health.
• Multifamily Construction Apartment complex and multifamily residential construction delivering spaces on schedule and on budget for real estate developers. Includes high-rise and mid-rise communities, adaptive reuse conversions, and large-scale multi-building developments such as One Chicago (2.1 million sf mixed-use).
• Office Construction Commercial office building construction creating environments that attract tenants and elevate performance. Includes suburban corporate headquarters, multi-tenant office towers, and historic renovations, with clients such as Astellas Pharma and Panduit.
• Science Lab Construction Delivery of laboratories and research spaces including research & development, institutional research, pilot facilities, biotech, pharmaceutical, cell and gene therapy, medical device, and quantum facilities for academic institutions and life sciences companies.
• Hospitality + Lifestyle Construction Guest-centric hospitality space construction with flawless execution and timeless detail. Covers boutique hotels, luxury hotels, historic hotel renovations, and hospitality venues including the Viceroy Hotel Chicago, The Emily Hotel, and Soho House Chicago.
• Luxury Residence Construction High-end residential construction delivered through the Luxury Residence Group sub-brand, bringing luxury home visions to life with care and efficiency for custom single-family residences, luxury condominiums, historic home restorations, and high-end renovations.
• Education Construction Learning environment construction that meets tight schedules and adapts to evolving academic needs for universities, K-12 institutions, and student housing developments.
• Student Housing Construction Student housing construction that blends institutional priorities with developer goals, including dormitories, mixed-use student living, and amenity-rich environments.
• Data Center + Technology Construction Construction services for data centers and technology facilities including purpose-built AI facilities and high-performance computing centers. Addresses specialized power and cooling requirements, security, and scalability for advanced computing.
• Aviation Construction Construction services for aviation facilities with emphasis on flawless coordination, minimal disruption, and unwavering safety, including airport terminals, multi-modal facilities, and aviation support facilities such as the O'Hare Multi-Modal Facility.
• Corporate Interiors Office environment construction that attracts tenants and elevates performance, including corporate interiors, office buildouts, tenant improvements, and workplace transformations in occupied buildings.
• Cold + Food Construction Design-build expertise for cold storage and food processing facilities, including temperature-controlled environments and specialized refrigeration systems for the cold chain and food manufacturing industries.
• Self-Perform Services In-house trade expertise delivering drywall, carpentry, concrete, insulated metal panels (IMP), millwork, cold-formed metal framing, acoustical ceilings, windows and doors, demolition, specialty trades, exterior cladding, and other key trades with company forces for direct control over quality, cost and schedule on complex projects.

Quantifiable outcome

• 90% of clients are repeat and referral customers, indicating high satisfaction and trust
• +5 more outcomes

Named customers20 records

Segments12 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered key and minor.

• Full House ResortskeyStrategic or Co-development Partner · 3 June 2026Full House Resorts retained Power Construction as the builder for the permanent American Place Casino in Waukegan, Illinois. The project represents a significant investment and is expected to open in 2028 after roughly two years of construction. The casino will be approximately twice as large as the temporary facility with 40% more slot machines and 85% more table games.
• HydraVaultkeyStrategic or Co-development Partner · 28 October 2025Power Construction partnered with HydraVault to build Chicago's first purpose-built advanced data center designed for high-performance computing tasks like AI model training and financial trading. The facility will be operational by December 2026 and includes energy-efficient features.
• Powers & Sons ConstructionminorStrategic or Co-development PartnerJoint venture partner with Power Construction for the American Place Casino project in Waukegan, Illinois.
• W.A. Richardson BuilderskeyStrategic or Co-development PartnerRetained by Full House Resorts along with Power Construction to design and build the permanent American Place casino in Waukegan. Construction expected to take 18 months to two years.
• WATGkeyStrategic or Co-development PartnerArchitecture firm retained by Full House Resorts as the designer for the permanent American Place Casino in Waukegan, Illinois.
• GenslerkeyStrategic or Co-development PartnerArchitecture firm partner for HydraVault's downtown Chicago AI data center project. The facility is designed for high-performance computing and will be operational by December 2026.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• W.E. O'Neil Construction: Chicago-based, family-owned general contractor of similar size focused on commercial, healthcare, education, and multifamily construction across the Midwest. Closest like-for-like peer in terms of segment mix, ownership structure, and Chicago anchoring.
• Clayco: Large Chicago-based design-build GC serving commercial, healthcare, industrial, and multifamily markets nationally. Comparable in scale and segment diversity, with similar self-perform capabilities and Chicago headquarters.
• Leopardo Companies: Chicago-area commercial GC with overlapping healthcare, office, multifamily, and hospitality focus. Comparable mid-market size and regional footprint to Power Construction.
• Bulley & Andrews: Chicago-based general contractor with a similarly long operating history and comparable mix of commercial, institutional, healthcare, and historic renovation work in the Chicago market.
• Walsh Construction: Chicago-headquartered GC (part of Walsh Group) competing head-to-head on healthcare, education, and commercial building projects in the Chicago region. Similar institutional client base and self-perform model.
• McHugh Construction: Chicago commercial GC specializing in hospitality, residential, healthcare, and commercial office with similar mid-market scale and Chicago-centric operating geography.
• Mortenson Construction: Major US GC with strong healthcare, science/lab, and data center practices that compete with Power in institutional and increasingly AI-data-center work. Larger scale but highly comparable in target verticals.
• Gilbane Building Company: Private, family-owned US GC with deep healthcare, higher education, and science & technology practices. Closely comparable in ownership structure, segment mix, and family-firm operating philosophy.

Broad incumbents

• Turner Construction Company: Largest US general contractor with a broad commercial, healthcare, and institutional portfolio that overlaps with Power's segments, but operates at much greater national scale and across a wider industry footprint.
• Skanska USA: Global GC's US arm active in commercial, healthcare, and education building construction. Overlaps with Power's core segments but at substantially larger scale and broader geographic footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/PowerConstructionLLC
• LinkedInlinkedin.com/company/power-construction
• Instagraminstagram.com/power_construct
• Xx.com/Power_Construct
• Facebookfacebook.com/powerconstructioncompany

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Power Construction