What Reed Construction does

Reed Construction is a privately held, fifth-generation family-owned full-service general contractor headquartered in Chicago, Illinois, founded in 1893. The firm delivers construction services across multiple delivery methods — general contracting, construction management, design-build, and design-assist — to owners, developers, and facility managers in the commercial, healthcare, behavioral health, workplace, education, hospitality, industrial, retail, life science, and capital improvement sectors. Its core technical stack centers on BIM (Building Information Modeling) coordination for clash detection and pre-construction conflict resolution, combined with LEAN construction practices such as pull-plan scheduling and prefabrication, particularly in healthcare and behavioral health projects.

The company generates revenue through project-based, bid-or-negotiated contracts across both new construction and renovation work, with more than 88% of volume derived from existing clients and referrals. Reed serves a concentrated roster of enterprise customers, including major healthcare systems (Rush University Medical Center, Northwestern Medicine, Silver Cross Hospital, Loyola University Medical Center), financial services firms (Morgan Stanley, Discover Financial Services, CF Industries), institutional clients (Hines, JLL, CBRE, Colliers, Transwestern, EQ Office, Beacon Capital), retail/restaurant chains (Portillo's, Starbucks), and educational institutions. The firm operates primarily across the Midwest (Illinois, Indiana, Michigan) with expansion into the Southeast (Florida), and maintains a 101-250 employee headcount backed by senior-executive-led project teams and a Partner-track management structure.

Go-to-market is relationship-driven enterprise field sales rather than transactional or self-serve: business development is led by a VP of Strategic Partnerships, and channel relationships with major commercial real estate services firms (JLL, CBRE, Colliers, Transwestern) generate a recurring pipeline of corporate interior and capital improvement work. Reed has accumulated 15+ million square feet of completed capital improvement projects over its 130+ year history, with individual project values reaching $30M+ (e.g., Silver Cross Hospital addition). The firm is also notable for its corporate social responsibility program, the Reed Construction Foundation (established 2014), which has donated over $1.6 million to education and healthcare causes in the Chicagoland community.

Name

Reed Construction

Legal name

Reed Construction

Website

https://reedcorp.com

Company type

Private

Founded year

1893

Operating status

Operating

Headcount range

101–250 employees

Short description

Reed Construction is a fifth-generation, family-owned Chicago-based full-service general contractor founded in 1893, delivering general contracting, design-build, and construction management services across healthcare, workplace, industrial, retail, and life science sectors primarily in the Midwest and Southeast US.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

NAICS

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

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Design-Build / EPC General Contracting (IMAFAAAD)

akta.pro secondary industries

Office & Corporate Building Construction (IMAFACAA), Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

Keywords

• Commercial construction services
• General contracting
• Design-build construction
• Healthcare construction
• Construction management

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction Services: Reed Construction generates revenue through various construction service delivery methods including general contracting, construction management, design-build, and design-assist. Revenue is project-based, derived from both new construction and renovation projects across multiple market sectors including healthcare, workplace, education, hospitality, industrial, retail, and behavioral health.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Reed Construction is a full-service Chicago-based commercial construction firm delivering preconstruction planning, general contracting, construction management, design-build, and design-assist services across healthcare, behavioral health, workplace, education, hospitality, industrial, life science, retail, and capital improvement projects. The firm uses BIM coordination and LEAN construction practices to deliver projects on-time and within budget for enterprise owners, developers, and facility managers.

Product overview

Reed Construction is a full-service construction firm offering a comprehensive portfolio of construction services organized across nine core service offerings and nine market sectors. Core services include Preconstruction & Planning, Value Engineering, Design-Build, Design-Assist, BIM Coordination, GC Maintenance Agreements, General Contracting, Construction Management, and Safety & Quality Control Management. The company serves diverse market sectors including Behavioral Health, Capital Improvements, Education, Healthcare, Hospitality, Industrial, Life Science, Retail, and Workplace construction. Projects range from interior renovations to ground-up new construction, with extensive experience in complex healthcare and behavioral health facilities. The firm operates as a single unified service offering without a modular software platform architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Preconstruction & Planning
• Value Engineering
• Design-Build
• Design-Assist
• BIM Coordination
• General Contracting
• Construction Management
• Safety & Quality Control Management
• GC Maintenance Agreements
• Healthcare Construction
• Behavioral Health Construction
• Workplace Construction
• Retail Construction
• Hospitality Construction
• Education Construction
• Industrial Construction
• Life Science Construction
• Capital Improvements

Quantifiable outcome

• 88%+ client retention rate from existing clients and referrals
• +2 more outcomes

Named customers10 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Ten partnerships are on record, tiered major, core and minor.

• EQ OfficemajorStrategic or Co-development PartnerPartnership with EQ Office on the world's largest elevator modernization at Willis Tower. The project includes modernization of 83 elevators and 97 passenger cabs. Reed works in conjunction with Otis Elevator on building coordination, MEP coordination, and project logistics. The Willis Tower elevator system makes more than 46,000 daily trips and serves an estimated 5.8 million people each year.
• Otis Elevator CompanymajorStrategic or Co-development PartnerCollaboration with Otis Elevator on the Willis Tower elevator modernization project. Otis handles the dismantlement of old machines (some weighing over 30,000 lbs) through occupied space in days rather than weeks. Reed works with Otis on building coordination, MEP coordination, and project logistics for this landmark project.
• HinescoreStrategic or Co-development PartnerHines is listed as a client/partner appearing on capital improvements projects including 190 S LaSalle developments. Hines is a major global real estate investment and development firm.
• Beacon Capital PartnerscoreStrategic or Co-development PartnerBeacon Capital is listed as a client/partner appearing on capital improvements projects including 231 S LaSalle Fitness Center transformation.
• JLL (Jones Lang LaSalle)coreChannel Partner/ Reseller/ DistributorJLL appears as a client on multiple workplace projects and serves as project management or tenant representation on various construction projects including 190 S Lasalle 26th & 28th Floors.
• CBREcoreChannel Partner/ Reseller/ DistributorCBRE appears as a client on workplace projects and is a major commercial real estate services firm.
• CollierscoreChannel Partner/ Reseller/ DistributorColliers appears as a client on workplace projects and provides real estate services on construction projects.
• TranswesterncoreChannel Partner/ Reseller/ DistributorTranswestern appears as a client on capital improvements projects as a real estate services partner.
• Bernie's Book BankminorOthersReed Construction Foundation partners with Bernie's Book Bank to source, process and distribute quality children's books to at-risk infants, toddlers and school-age children throughout Chicagoland. The Foundation has participated in multiple volunteer events and hosts internal book drives.
• Project H.O.O.D.minorOthersReed Construction Foundation partners with Project H.O.O.D. (Helping Others Obtain Destiny) which works to end senseless violence, end recidivism, and build communities. The Foundation supports their Skilled Trades Training course providing materials and equipment for carpentry skills training.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Bulley & Andrews: Chicago-based construction management and general contracting firm with strong healthcare, higher education, and historic restoration portfolios. Closely comparable in size, Chicago focus, and healthcare specialization.
• Gilbane Building Company: Privately held national construction manager and general contractor with deep healthcare, education, and life sciences expertise. Comparable in healthcare focus and family/privately-held ownership structure, though larger.
• Pepper Construction Group: Chicago-based full-service construction firm of comparable size, offering general contracting, construction management, and design-build across commercial, healthcare, education, and industrial sectors. Closely comparable in geography, service mix, and target client profile.
• Walsh Construction: Chicago-based general contractor with a similar regional footprint, providing construction management and design-build for healthcare, commercial, education, and transportation projects. Direct competitor for many of Reed's enterprise Chicago clients.
• Skender Construction: Chicago-based design-build and general contracting firm serving healthcare, commercial, senior living, and hospitality markets. Highly comparable in delivery model, size, and regional focus.
• McCarthy Building Companies: National employee-owned builder with a strong healthcare, education, and life sciences portfolio and a Midwest operating presence. Comparable in healthcare specialization and design-build delivery model, though larger in scale.
• Power Construction: Chicago-headquartered general contractor delivering commercial, healthcare, education, and hospitality builds in the Midwest. Comparable scale and similar project types make it a direct competitor for Reed's core market.

Broad incumbents

• Turner Construction Company: One of the largest U.S. general contractors with extensive healthcare, commercial, and education portfolios. Represents the large-scale national competitor Reed faces on enterprise healthcare and workplace pursuits.
• Clark Construction Group: Large national general contractor with broad commercial, healthcare, and institutional capabilities. Competes for larger Chicago-region healthcare and commercial programs where Reed also bids.
• Mortenson Construction: National builder with significant healthcare and higher education practices and Midwest presence. Comparable in healthcare project execution and design-build methodology, though at substantially larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/reed-construction-corporation
• Xx.com/reed_gc
• Facebookfacebook.com/reedconstructiongc

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Reed Construction