Icon
Icon is a fully diversified commercial construction services provider in Australia and New Zealand, delivering projects from $0.5M to $400M across healthcare, defence, education, data centres, and property development. It is a wholly-owned subsidiary of Japan's Kajima Corporation with $1.7B AUD annual revenue and 800+ staff.
- Company typePrivate
- Founded1861
- HeadquartersMelbourne, Australia
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Icon does
Icon is a fully diversified commercial construction services provider operating across Australia and New Zealand, delivering projects ranging from $0.5 million to $400 million in value across commercial, healthcare, education, defence, data centres, pharmaceutical, residential, and infrastructure sectors. The company is a wholly-owned subsidiary of Kajima Corporation, a Japanese construction conglomerate with $11 billion in revenue, 180 years of operating history, and over 19,000 employees globally; this parental backing underwrites Icon's bonding capacity and technical resources relative to domestic peers. Icon operates through three brands: the core Icon construction business (servicing large-scale enterprise and government tenders), Minicon (a boutique subsidiary targeting projects valued $5M–$40M), and Barpa (a majority Indigenous-owned construction company established with the Federation of Victorian Traditional Owner Corporations).
Icon generates revenue through design-and-construct contracts, managing contractor engagements, and traditional lump-sum construction tenders submitted via electronic platforms (EstimateOne, BidContender) across Victoria, NSW, Queensland, and ACT. The company employs over 800 skilled professionals across eight regional offices and is currently delivering more than 85 concurrent projects with annual revenue of approximately $1.7 billion AUD. Its technology stack centres on Building Information Modeling (BIM), prefabricated and modular construction techniques, ISO 14001-certified environmental management, and an Early Payment Program powered by Earlytrade. Customer concentration is diffused across healthcare, education, property development, defence, and data centre verticals, with notable clients including Victorian Health Building Authority, NSW Health Infrastructure, Riverlee, Greystar, Global Switch, and CSL Behring (whose Project Aurora facility won the 2025 ISPE FOYA Overall Award). Icon holds Office of the Federal Safety Commissioner accreditation, qualifying it for Australian Government-funded building works.
Icon firmographics
Firmographics- Name
- Icon
- Legal name
- Icon
- Website
- https://icon.co
- Company type
- Private
- Founded year
- 1861
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Icon is a fully diversified commercial construction services provider in Australia and New Zealand, delivering projects from $0.5M to $400M across healthcare, defence, education, data centres, and property development. It is a wholly-owned subsidiary of Japan's Kajima Corporation with $1.7B AUD annual revenue and 800+ staff.
- Ownership category
- akta.pro rank
Icon industry classification
Industry- Product category
- Commercial Construction Services
- NAICS
- Commercial and Institutional Building Construction (236220)
- SIC
- Operative Builders (1531)
- akta.pro primary industry
- Office & Corporate Building Construction (IMAFACAA)
- akta.pro secondary industries
- Retail & Mixed-Use Commercial Construction (IMAFACAB), Government & Civic Building Construction (Courthouses, City Halls, Public Safety) (IMAFACAF), Hospitality & Entertainment Venue Construction (IMAFACAC)
Keywords
Where Icon is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Offices8 records
Markets served
Icon 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
- Construction Services: Icon operates as a fully diversified commercial builders and construction services provider offering complex construction capability across all sectors in Australia and New Zealand. Revenue is generated through design and construct contracts, managing contractor engagements, and traditional construction delivery models for projects ranging from $0.5 million to $400 million.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Icon product offering
Product offeringCore offering
Icon is a fully diversified commercial construction services provider offering complex construction capability across all sectors in Australia and New Zealand, delivered through design and construct contracts, managing contractor engagements, and traditional construction delivery models for projects ranging from $0.5 million to $400 million. Services span commercial buildings, industrial facilities, residential developments, healthcare infrastructure, educational facilities, defence facilities, data centres, hotels, student accommodation, and pharmaceutical projects for government, private developers, and healthcare/education clients.
Product overview
Icon is a fully diversified commercial construction services provider offering complex construction capability across all sectors in Australia and New Zealand. The company operates as a platform of integrated construction services with three main subsidiary brands: Icon Construction Services (the core offering covering commercial, retail, data centres, defence, education, healthcare, hotels, industrial, infrastructure, laboratories, pharmaceutical, residential, student accommodation, sports, and technology sectors), Minicon (specialising in boutique high-quality projects valued $5m-$40m), and Barpa (a majority Indigenous-owned construction company). The group also offers workforce development programs including a Cadet & Graduate Program, an electronic tender system for contractors, and an Early Payment Program powered by Earlytrade for subcontractor payment transparency.
Differentiator
Problem solved
Functional benefit
Brands
- Minicon: Autonomous construction company focusing on boutique, high quality projects ranging in value between $5m – $40m.
- Barpa
Products and services
- Icon Construction Services Full-service commercial construction offering complex construction capability across all sectors including commercial, retail, data centres, defence, education, government, healthcare, hotels, leisure, industrial, infrastructure, laboratories, pharmaceutical, residential, student accommodation, sports, and technology projects throughout Australia and New Zealand, delivered via design and construct, managing contractor, and traditional construction delivery models for projects ranging from $0.5 million to $400 million.
- Minicon An autonomous construction company within Icon Group focusing on boutique, high-quality construction projects ranging in value between $5m and $40m, serving clients seeking a tailored delivery vehicle for smaller scale, higher-finish construction work as a wholly-owned subsidiary of Icon.
- Barpa A standalone, majority Indigenous-owned and operated construction company offering an Indigenous solution for capital works projects across Australia, created in partnership with the Federation of Victorian Traditional Owner Corporations to deliver construction projects that meet Indigenous procurement and reconciliation objectives for government and enterprise clients.
- Cadet & Graduate Program
Quantifiable outcome
- Over 85 projects delivered across Australia and New Zealand
- +2 more outcomes
Companies that use Icon
Customer profileNamed customers16 records
Segments4 records
Ideal customer profiles5 records
Icon technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Icon partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and flagship.
- NZCA (New Zealand Contractors Association)coreIcon and NZCA formalised a strategic partnership to build stronger collaborative relationships in the New Zealand construction market.
- Kajima CorporationflagshipIcon is proudly part of Kajima Corporation, an $11 billion Japanese construction powerhouse with 180 years' experience and over 19,000 employees across more than 20 locations globally. This corporate structure enhances Icon's capability in providing top-tier construction services.
- MiniconcoreMinicon is an autonomous construction company within Icon Group focusing on boutique, high quality projects ranging in value between $5m – $40m.
- BarpacoreBarpa is a standalone, majority Indigenous owned and operated Construction company offering an Indigenous solution for capital works projects across Australia. A significant step in Icon's Reconciliation process was the creation of Barpa in partnership with the Federation of Victorian Traditional Owner Corporations.
- Reeves InternationalcoreIcon, together with JV partner Reeves International, awarded contract for construction of the SBD250m/AUD45m Naha Birthing and Urban Health Centre in Solomon Islands.
- Reconciliation AustraliacoreIcon is working with Reconciliation Australia to develop their second Innovate level RAP (Reconciliation Action Plan), demonstrating commitment to reconciliation with Executive Sponsorship and dedicated working group.
- Australia (as funding partner)coreThe $45 million Naha Birthing and Urban Health Centre is Australia-funded through the Solomon Islands Infrastructure Program.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Icon competitors and assessment
Company assessmentDirect peers
- Lendlease: Lendlease is one of Australia's largest diversified property and construction groups, directly comparable to Icon in commercial building delivery across offices, healthcare, education, and residential mixed-use developments across ANZ.
- Brookfield Multiplex: Brookfield Multiplex is a major ANZ commercial builder with comparable scale and diversification across commercial, healthcare, education, and residential sectors, often competing head-to-head with Icon for major project tenders.
- John Holland: John Holland is a leading Australian building and infrastructure contractor, similar in delivering large-scale commercial, healthcare, transport, and government projects across ANZ, with comparable headcount and project value range.
- CPB Contractors: CPB Contractors is an ANZ tier-one contractor delivering non-residential building and infrastructure projects for government and private clients, with project scale and customer mix closely overlapping Icon's portfolio.
- Hansen Yuncken: Hansen Yuncken is a long-established Australian commercial builder (founded 1918) offering similar diversified building services across health, education, defence, and commercial sectors with comparable tender-driven model.
- Built Group (BESIX): BUILT (acquired by BESIX Group) is an Australian tier-one commercial construction firm specialising in complex projects across commercial, residential, healthcare, and education, competing directly with Icon for major tenders.
- Watpac: Watpac is an ANZ commercial construction company (now part of BESIX Australia) delivering building, civil, and infrastructure projects in similar end-markets to Icon, including healthcare, education, and commercial.
- Cockram Construction: Cockram is an Australian-headquartered construction firm with international delivery, comparable in delivering complex commercial, healthcare, and institutional projects across ANZ with similar project value ranges.
Broad incumbents
- Fulton Hogan Industries: Fulton Hogan is a large ANZ infrastructure and construction company with overlapping capabilities in commercial building and civil works, frequently partnering on government-funded projects in the same geographies as Icon.
Emerging players
- Roberts Co (Roberts Piling): Roberts Co is a smaller but growing ANZ commercial builder delivering complex projects in healthcare, education, and aged care; competes with Icon for similar mid-sized to large commercial tenders but with narrower geographic focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Icon social profiles
Digital presenceIcon compliance and trust
Trust signalCompliance2 records
Icon financial estimates
Financial estimateRevenue estimate
Valuation estimate
Icon leadership team
Management profileNumber of profiles
Profiles6 records
Icon subsidiaries and ownership
Company hierarchySubsidiaries2 records
Icon funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Icon 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 Icon
What does Icon do?
Icon is a fully diversified commercial construction services provider offering complex construction capability across all sectors in Australia and New Zealand, delivered through design and construct contracts, managing contractor engagements, and traditional construction delivery models for projects ranging from $0.5 million to $400 million. Services span commercial buildings, industrial facilities, residential developments, healthcare infrastructure, educational facilities, defence facilities, data centres, hotels, student accommodation, and pharmaceutical projects for government, private developers, and healthcare/education clients.
Is Icon a public or private company?
Icon is a private company. It is classified as corporate owned and is currently operating.
When was Icon founded?
Icon was founded in 1861. It employs 501 to 1,000 people.
Where is Icon based?
Icon is headquartered in Melbourne, Australia, in the Oceania region.
How does Icon make money?
One revenue line is on record: construction Services.
Who are Icon's main competitors?
Direct peers on record are Lendlease, Brookfield Multiplex, John Holland, CPB Contractors, Hansen Yuncken, Built Group (BESIX), Watpac and Cockram Construction. Fulton Hogan Industries is listed as a broad incumbent. Roberts Co (Roberts Piling) is listed as an emerging player.
Does Icon have an API?
No public API is recorded for Icon.
What industry is Icon in?
Icon's product category is Commercial Construction Services. Its primary akta.pro industry code is IMAFACAA, Office & Corporate Building Construction, with a secondary code of IMAFACAB, Retail & Mixed-Use Commercial Construction. Its NAICS code is 236220 and its SIC code is 1531.