PARIC Corporation
PARIC Corporation is a privately held, design-build construction management and general contracting firm founded in 1979 and headquartered in St. Louis, serving enterprise owners across healthcare, academic, industrial, commercial, government, hospitality, and multi-family markets through integrated VDC technology and self-perform trade capabilities nationwide.
- Company typePrivate
- Founded1979
- HeadquartersSt Louis, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What PARIC Corporation does
PARIC Corporation (legally PARIC, LLC) is a privately held, full-service construction firm founded in 1979 in St. Louis, Missouri, and operating across the central and southern United States. The company delivers projects through three primary contract structures — general contracting, construction management, and design-build — across ten vertical markets: Healthcare, Academic/Education, Commercial, Historic Renovation & Adaptive Reuse, Industrial, Government & Justice, Multi-Family Residential, Hospitality & Entertainment, Senior Living, and Tenant Improvement. PARIC pairs a design-build collaborative delivery model with self-perform trade capabilities (a 300+ trade-expert workforce covering carpentry, concrete, demolition, glazing, and metal stud/drywall) and an integrated Virtual Design & Construction (VDC) platform that spans BIM coordination, clash detection, AR/VR visualization, robotic layout, reality capture, and shop-drawing management. Notable flagship project evidence includes Boeing's multi-year St. Louis Expansion Program (~2 million sq ft across 158 acres), the $95 million Butler Brothers Building redevelopment, the $60 million Missouri Protoplex, and the Mastercard Global Technology & Operations headquarters.
Revenue is generated primarily through project-based fixed-price, Guaranteed Maximum Price (GMP), and cost-plus contracts for enterprise owners (Boeing, Mastercard, healthcare systems such as BJC and MU Health, universities such as Missouri S&T and Washington University, casino and hospitality operators, and government entities). A proprietary customized estimating system allows PARIC to issue GMP pricing at the 50% design development phase — earlier than typical market practice — providing clients early cost certainty. Customer acquisition is sales-led: dedicated Business Development and Preconstruction teams with sector-specific Vice Presidents and Project Executives pursue owners, architects, and developers through relationship-driven outreach, competitive bidding, and repeat-client engagement. PARIC is licensed as a contractor in 14+ states and currently operates offices in St. Louis (HQ), Kansas City, San Antonio, and Cornelius, North Carolina, supported by an Operations Support Center in St. Louis and ranked among the ENR Top 400 Contractors nationally (#151 in 2023).
PARIC Corporation firmographics
Firmographics- Name
- PARIC Corporation
- Legal name
- PARIC, LLC
- Website
- https://paric.com
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- PARIC Corporation is a privately held, design-build construction management and general contracting firm founded in 1979 and headquartered in St. Louis, serving enterprise owners across healthcare, academic, industrial, commercial, government, hospitality, and multi-family markets through integrated VDC technology and self-perform trade capabilities nationwide.
- Ownership category
- akta.pro rank
PARIC Corporation industry classification
Industry- Product category
- Construction Management Services
- NAICS
- Nonresidential Building Construction (2362)
- SIC
- General Bldg Contractors - Nonresidential Bldgs (1540)
- akta.pro primary industry
- Design-Build / EPC General Contracting (IMAFAAAD)
- akta.pro secondary industries
- Commercial General Contracting (New Build) (IMAFAAAA), Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE)
Keywords
Where PARIC Corporation is headquartered
LocationHeadquarters
- HQ city
- St Louis
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
PARIC Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- General Contracting: PARIC serves as the general contractor on construction projects, managing all trade partners, subcontractors, and field labor to deliver projects on time, within budget, and to specified quality standards. Revenue is earned through fixed-price contracts, GMP agreements, and cost-plus arrangements across a wide range of project types and sizes.
- Construction Management: PARIC provides construction management services where the company is engaged during preconstruction phases through project completion, acting as the owner's representative and project coordinator. Fees are earned through preconstruction service agreements and construction phase management contracts.
- Design-Build: PARIC serves as the single point of contact for design-build projects, orchestrating all facets including design, engineering, pricing, and subcontractor coordination. Revenue derives from design-build contract awards with pricing typically established through GMP or negotiated lump-sum arrangements.
- Self-Perform Trade Services: PARIC retains an internal team of 300+ skilled trade experts (carpenters, concrete workers, glaziers, metal stud/drywall installers, demolition crews) who perform specific scopes of work directly. This provides margin on self-performed work and enables greater schedule, quality, and safety control.
- Preconstruction Services: PARIC's Preconstruction Service Group provides clients with critical information and expertise throughout the project lifecycle, including cost estimating, scheduling, risk assessment, and value engineering. Services are billed as a preconstruction engagement prior to the main construction contract.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Guaranteed Maximum Price (GMP) contracts |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
PARIC Corporation product offering
Product offeringCore offering
PARIC Corporation is a privately held construction firm delivering preconstruction, general contracting, construction management, and design-build services through a 300+ trade-strong self-perform workforce. The company deploys its Virtual Design & Construction (VDC) platform and a proprietary early-stage estimating system that produces Guaranteed Maximum Price (GMP) at the 50% design development phase. Projects span healthcare, academic, commercial, industrial, government, historic renovation, hospitality, multi-family, senior living, and tenant improvement markets across the United States.
Product overview
PARIC Corporation is a construction company offering a unified set of construction management services rather than a modular software product. Its core service portfolio consists of Preconstruction Services, Self-Perform Services, Virtual Design & Construction (VDC), and Building Services. These services are delivered across diverse markets including Academic, Commercial, Government & Justice, Healthcare, Historic Renovation, Hospitality & Entertainment, Industrial, Multi-Family, Senior Living, and Tenant Improvement.
Differentiator
Problem solved
Functional benefit
Products and services
- Preconstruction Services Provides cost estimating, scheduling, risk assessment, value engineering, and project planning expertise throughout the project lifecycle for owners and developers evaluating construction investments.
- Self-Perform Trade Services A team of 300+ skilled trade experts (carpenters, concrete workers, glaziers, metal stud/drywall installers, demolition crews) that directly executes specific scopes of work, providing schedule, quality, and safety control.
- Virtual Design & Construction (VDC) Cloud-based integrated platform providing logistic and build planning, AR/VR/animation visualization, BIM coordination, clash detection, mockups, shop drawings, robotic layout, reality capture, and project controls for project teams.
- Building Services Post-construction services including on-site assessments of facility conditions, expansion and renovation planning, and detailed building maintenance plans for industrial and commercial facility owners.
- General Contracting Project delivery as the primary contractor managing trade partners, subcontractors, and field labor to deliver projects on time, within budget, and to quality standards via fixed-price, GMP, and cost-plus contracts.
- Construction Management Acting as the owner's representative from preconstruction through project completion, coordinating design, pricing, and execution phases; billed through preconstruction service agreements and construction phase management contracts.
- Design-Build Services Single point of contact delivery model orchestrating design, engineering, pricing, and subcontractor coordination with revenue derived from design-build contracts typically priced via GMP or negotiated lump-sum arrangements.
Quantifiable outcome
- Delivered Missouri Protoplex (117,000 sq. ft., $60M) ahead of schedule and under budget.
- +5 more outcomes
Companies that use PARIC Corporation
Customer profileNamed customers30 records
Segments10 records
Ideal customer profiles6 records
PARIC Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
PARIC Corporation partnerships and signals
Strategic signalPartnerships
24 partnerships are on record, tiered key, core, flagship and community.
- Rawlings Sporting GoodskeyPARIC served as the general contractor for the Rawlings Sporting Goods headquarters project, which included a 37,000 sq. ft. corporate office relocation/renovation, the 14,000 sq. ft. Rawlings Experience attraction and retail space, and the installation of a 35,000-pound (30-foot) Gold Glove monument at the Gold Building at Westport Plaza. The project transformed Rawlings' headquarters into a landmark destination.
- IMEG (structural engineer)corePARIC collaborated with IMEG as the structural engineer on the 35,000-pound Gold Glove installation project. IMEG's engineering expertise was critical in evaluating whether the building's structure could support the permanent load of the monument, and in designing the steel platform for adequate load-bearing capacity and roof-line support.
- ACME ErectorscorePARIC partnered with ACME Erectors for steel fabrication and erection of the 35,000-pound Gold Glove monument, including the steel platform required for load-bearing support. ACME Erectors was a critical trade partner executing the structural steel scope on the landmark installation.
- Barnhart Crane and RiggingcorePARIC partnered with Barnhart Crane and Rigging using a 900-ton Liebherr LTM 1750-9.1 mobile crane for the Gold Glove monument lift. Barnhart's crane operators worked in seamless communication with PARIC's ground crew and spotters to safely guide the monument on its ascent to the top of the Gold Building.
- Missouri University of Science and Technology (Missouri S&T)flagshipPARIC serves as the design-build contractor for multiple Missouri S&T projects including the $60 million Missouri Protoplex (117,000 sq. ft. advanced manufacturing hub) and the $10.4 million General Services Building (35,000 sq. ft.). The Protoplex serves as a statewide hub connecting academic researchers, workforce development initiatives, and industry partners, anchored by one of the region's most daring buildings.
- BoeingflagshipPARIC is executing Boeing's St. Louis Expansion Program — a multi-building, multi-year program spanning 158 acres on the Lambert St. Louis campus, totaling approximately 2 million sq. ft. — nearly doubling the campus footprint. Also building the Boeing Advanced Robotic Coating Center, a new purpose-built secure facility with advanced robotics for coating and treatment application.
- MastercardflagshipPARIC was selected by Mastercard to construct its new Global Technology and Operations (GTO) headquarters in O'Fallon, Missouri. This landmark investment represents a major technology and operations center for Mastercard.
- Air ProductskeyAir Products selected PARIC's team to design and construct the expansion of their St. Louis campus. The expansion includes a 52,000 sq. ft. manufacturing building, a 23,500 sq. ft. logistics center, and a future 26,000 sq. ft. innovation building — more than doubling the campus's production capacity. The project uses a design-build approach leveraging PARIC's preconstruction and development expertise.
- H-J Family of CompanieskeyH-J Family of Companies, a leading electrical equipment component manufacturer, selected PARIC for its major production facility expansion at the company's headquarters. This represents PARIC's growing presence in the manufacturing/industrial equipment sector.
- Synergy ServicescommunityPARIC converted a 12.3-acre former elementary school campus into Forest Hill Village, Synergy Services' new transitional housing development in Kansas City. The project won the 2026 Kansas City Business Journal Capstone Award for Community Impact for the Robin Winner Domestic Violence Center. PARIC performed selective demolition and renovation in an operating environment.
- Third Man DevelopmentkeyThird Man Development selected PARIC to convert the historic 1913 Magic Chef oven factory and warehouse (50,000 sq. ft.) into Kings Hill — a loft-style office building with original architectural features. PARIC performed intensive core, shell, and interior historic renovations including replacement of 80+ historical-look windows. The project won the 2024 Landmark Association Most Enhanced Award.
- Ameristar Casino Resort Spa (Boyd Gaming)flagshipPARIC has completed multiple projects for Ameristar Casino Resort Spa (owned and operated by Boyd Gaming) since 2013, totaling over one million sq. ft. and $27 million. Projects include hotel room renovations (397 suites), restaurant buildouts (Copper Whisk café, Charter 18 Modern Tavern at $4.2M), pool repairs, roof replacements, and HVAC upgrades — all completed while maintaining uninterrupted casino/hotel operations.
- Butler Brothers Building Developers (investor/owner group)flagshipPARIC was selected as the general contractor for the $95 million renovation and redevelopment of the 735,000 sq. ft. Butler Brothers Building, transforming it into The Victor. This is one of the largest historic renovation projects in the region and earned multiple 2024 awards including AGC of Missouri Keystone Award Finalist and Preserve Missouri Award.
- MU Health Care (University of Missouri Health)flagshipPARIC (through a joint venture) built a patient care tower serving as the new Children's Hospital and Birthing Center for MU Health Care. This significant healthcare project demonstrates PARIC's capability to deliver complex hospital facilities in partnership with major academic medical centers.
- Carle HealthkeyPARIC constructed the Carle at the Riverfront facility — a 152,000 sq. ft. building on a 17-acre plot in Danville, IL. Carle offers a variety of services from this location, with the project recognized as a 2023 AGC of Missouri Keystone Award Finalist.
- BJC HealthCareflagshipPARIC has completed multiple healthcare projects for BJC HealthCare including the BJC Children's Hospital Specialty Care Center St. Louis (144,000 sq. ft. with 3 operating rooms) and the Siteman Cancer Center South County ($10.5 million, 37,000 sq. ft.). These projects establish PARIC as a trusted partner for BJC's major capital construction programs.
- Washington University School of MedicinekeyPARIC completed the Cyclotron facility for Washington University School of Medicine — consisting of 6,500 sq. ft. of interior renovation/build-out plus a 2,250 sq. ft. exterior vault. Also completed the Sports Performance Center (7,000 sq. ft.) at Washington University in St. Louis.
- St. Louis Children's HospitalcommunityMike Rallo Jr., PARIC President, serves as a Board Member for St. Louis Children's Hospital, representing PARIC's ongoing community engagement with major regional healthcare institutions.
- AGC of MissouricoreMike Rallo Jr. serves as Immediate Past Chairman of the Board for the Associated General Contractors of Missouri (AGC of Missouri). PARIC consistently participates in and wins awards through AGC of Missouri's Keystone Awards program and safety award programs, demonstrating deep partnership with the state's primary construction industry association.
- Hawthorn FoundationcoreTodd Goodrich, PARIC COO, serves as a board member for the Hawthorn Foundation, which supports economic development and business growth initiatives in the St. Louis region.
- American Heart AssociationcommunityPARIC has historically provided vigorous support to the American Heart Association, reflecting its long-standing commitment to civic and philanthropic institutions dating back to the 1990s.
- United WaycommunityPARIC has historically provided vigorous support to United Way as part of its community engagement and philanthropic commitment dating back to the 1990s.
- OSHA (Occupational Safety and Health Administration)corePARIC has achieved Voluntary Protection Program (VPP) Star status from OSHA for its mobile workforce and participates in OSHA-sponsored safety initiatives including National Suicide Prevention Month stand-downs. This represents an advanced level of partnership with OSHA focused on workplace safety excellence.
- 988 Lifeline / National Suicide and Crisis LifelinecommunityPARIC partnered with OSHA to distribute 988 National Suicide and Crisis Lifeline resources to construction workers during National Suicide Prevention Month. Teams on active project sites participated in stand-downs focused on mental health and suicide prevention, distributing resources to trade partners and workers.
Scale indicators19 records
Recent moves8 records
Expansion highlights6 records
PARIC Corporation competitors and assessment
Company assessmentBroad incumbents
- DPR Construction: National ENR Top 10 design-build contractor with strong healthcare, higher education, and advanced technology/mission-critical facility practices. Competes for marquee institutional clients at a larger scale than PARIC.
- Clark Construction Group: Major national design-build contractor with significant healthcare, higher education, and mixed-use development practices. Larger-scale competitor bidding on many of the same institutional and healthcare clients as PARIC.
- Turner Construction Company: Largest U.S. general contractor by revenue (ENR #1) competing for the same healthcare, academic, and commercial work as PARIC, but at materially greater scale and with national geographic reach that PARIC cannot match.
- Walsh Construction: Major ENR Top 20 national contractor with strong healthcare, education, and mixed-use development practices. Larger competitor that frequently bids against PARIC for institutional and healthcare capital projects.
Direct peers
- McCarthy Building Companies: St. Louis-headquartered, privately held ENR Top 100 general contractor with similar design-build delivery model and overlapping healthcare, academic, and industrial client bases. Comparable size, geography, and service portfolio make this PARIC's closest direct peer.
- JE Dunn Construction: Kansas City-headquartered, privately held ENR Top 50 general contractor operating across commercial, healthcare, and higher education markets. Direct Midwest competitor with comparable self-perform capabilities and design-build delivery model.
- Gilbane Building Company: Privately held, family-owned ENR Top 50 contractor with strong healthcare, higher education, and adaptive reuse practices. Closely comparable ownership structure, delivery model, and core vertical mix to PARIC.
- Hunt Construction Group: National design-build contractor specializing in large, complex commercial, hospitality, and entertainment projects. Comparable scope on hospitality/casino and large mixed-use builds like PARIC's Ameristar and One Cardinal Way projects.
- Messer / Messer Construction Co. Privately held Midwest-headquartered (Cincinnati) ENR Top 75 contractor with similar self-perform capabilities, healthcare/academic focus, and design-build delivery approach serving a comparable client mix.
- Barton Malow Company: Midwest-based (Michigan) ENR Top 100 contractor with strong design-build delivery and comparable self-perform workforce across multiple trades. Operates in healthcare, industrial, and sports/entertainment verticals overlapping with PARIC's portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
PARIC Corporation social profiles
Digital presencePARIC Corporation compliance and trust
Trust signalCompliance2 records
PARIC Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
PARIC Corporation leadership team
Management profileNumber of profiles
Profiles7 records
PARIC Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PARIC Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PARIC Corporation
What does PARIC Corporation do?
PARIC Corporation is a privately held construction firm delivering preconstruction, general contracting, construction management, and design-build services through a 300+ trade-strong self-perform workforce. The company deploys its Virtual Design & Construction (VDC) platform and a proprietary early-stage estimating system that produces Guaranteed Maximum Price (GMP) at the 50% design development phase. Projects span healthcare, academic, commercial, industrial, government, historic renovation, hospitality, multi-family, senior living, and tenant improvement markets across the United States.
Is PARIC Corporation a public or private company?
PARIC Corporation is a private company. It is classified as family owned and is currently operating.
When was PARIC Corporation founded?
PARIC Corporation was founded in 1979. It employs 251 to 500 people.
Where is PARIC Corporation based?
PARIC Corporation is headquartered in St Louis, United States, in the North America region.
How does PARIC Corporation make money?
Five revenue lines are on record. General Contracting is the primary driver. The others are construction Management, design-Build, self-Perform Trade Services and preconstruction Services.
Who are PARIC Corporation's main competitors?
Broad incumbents on record are DPR Construction, Clark Construction Group, Turner Construction Company and Walsh Construction. Direct peers are McCarthy Building Companies, JE Dunn Construction, Gilbane Building Company, Hunt Construction Group, Messer / Messer Construction Co. and Barton Malow Company.
Does PARIC Corporation have an API?
No public API is recorded for PARIC Corporation.
What industry is PARIC Corporation in?
PARIC Corporation's product category is Construction Management Services. Its primary akta.pro industry code is IMAFAAAD, Design-Build / EPC General Contracting, with a secondary code of IMAFAAAA, Commercial General Contracting (New Build). Its NAICS code is 2362 and its SIC code is 1540.