Frank L. Blum Construction Company

What Frank L. Blum Construction Company does

Frank L. Blum Construction Company is a privately held, North Carolina-based general contractor founded in 1923 in Winston-Salem by Frank L. Blum. The firm provides construction management, general contracting, and design-build delivery across thirteen market sectors, with primary depth in healthcare, higher education, and senior living, and secondary exposure to corporate, civic/cultural, life sciences, hospitality, multi-family, K-12, historic preservation, industrial/manufacturing, not-for-profit, and sports/entertaintainment projects. Revenue is generated through professional services fees tied to construction management-at-risk contracts, design-build, and competitive bidding for institutional and private clients across the state. The company's scale is evidenced by $1B in completed projects over the last three years, $850M+ in CMAR projects delivered in the last five years, and a workforce of 101-250 employees.

The firm's core technical offering is a vertically integrated construction services platform combining pre-construction consulting, Virtual Design and Construction (including BIM, 4D scheduling, and virtual reality), self-perform trade labor (concrete, masonry, drywall, metal stud framing, carpentry), prefabrication/modular construction, and sustainable/LEED-certified building expertise. Notable proprietary assets include Stylus, a visual-based resident selection tool developed for independent living communities that captures real-time pricing and resident personalization data. The company operates from five North Carolina offices (Winston-Salem headquarters, Greensboro, Raleigh, Asheville, and Charlotte) with regional project development leads and a formal executive bench led by President & CEO Mike Lancaster and CFO Brett Ralls. Blum is privately held, employee-operated, and has no disclosed private equity, venture, or parent-company backing.

Name

Frank L. Blum Construction Company

Legal name

Frank L. Blum Construction Company

Website

https://flblum.com

Company type

Private

Founded year

1923

Operating status

Operating

Headcount range

101–250 employees

Short description

Frank L. Blum Construction Company is a privately held North Carolina general contractor founded in 1923, delivering construction management, design-build, and pre-construction services across healthcare, higher education, senior living, and ten other sectors from five statewide offices.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

NAICS

Nonresidential Building Construction (2362), Poured Concrete Foundation and Structure Contractors (23811)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), Construction - Special Trade Contractors (1700)

akta.pro primary industry

Self-Performing General Contractors (IMAFAAAI)

Keywords

• Commercial construction services
• Construction management at risk
• Design-build contracting
• Pre-construction consulting
• Virtual design construction

Headquarters

HQ city

Winston Salem

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction Project Fees: Revenue generated through construction management, general contracting, and design-build delivery of commercial construction projects across North Carolina. Projects range from preconstruction services through construction completion and project closeout.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Frank L. Blum Construction Company is a North Carolina licensed general contractor providing full-service construction management, general contracting, and design-build delivery for commercial, healthcare, higher education, senior living, civic, and corporate clients. Services span the entire project lifecycle from pre-construction consulting through closeout, supported by Virtual Design and Construction (VDC), self-perform labor, prefabrication, and sustainable construction capabilities across 13 market sectors.

Product overview

Frank L. Blum Construction Company is a licensed general contractor offering a comprehensive suite of construction services across North Carolina. The company's core offering consists of integrated construction delivery methods (Construction Management, General Contracting, Design-Build) supported by specialized services including Pre-Construction, Virtual Design & Construction (VDC), Self-Perform, Sustainable Construction, and Prefabrication. The company also offers Stylus, a proprietary visual-based resident selection tool for senior living communities. Services span 13 market sectors: Civic/Cultural, Corporate, Healthcare, Higher Education, Historic Preservation, Hospitality, Industrial/Manufacturing, K-12 Education, Life Science, Multi-Family, Not-For-Profit, Senior Living, and Sports/Entertainment.

Differentiator

Problem solved

Functional benefit

Brands

• Stylus: A resident selection tool for independent living marketing managers and their residents, enabling visual-based decisions with real-time pricing for apartment/home customization selections.

Products and services

• Construction Services

Named customers11 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered minor.

• Jenkins Peer ArchitectsminorStrategic or Co-development PartnerArchitectural design partnership for Stevens Center Phase 2 renovation project in Winston-Salem. Collaboration with Jenkins Peer Architects and Steinberg Hart for comprehensive renovation of the historic performing arts venue.
• Steinberg HartminorStrategic or Co-development PartnerArchitectural design partnership for Stevens Center Phase 2 renovation project. Joint collaboration with Jenkins Peer Architects for the $85.3 million state-funded project.
• Jenkins Peer ArchitectsminorStrategic or Co-development PartnerArchitecture firm collaborating with Blum Construction on UNCSA Stevens Center Phase 2 design. The $85.3 million project will transform the historic performing arts venue.
• Steinberg HartminorStrategic or Co-development PartnerArchitecture firm collaborating on UNCSA Stevens Center Phase 2 renovation. Design plans reveal comprehensive transformation of the theater chamber with enhanced seating and integrated technology.

Scale indicators9 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Brasfield & Gorrie: Large, privately held Southeast US general contractor with deep healthcare, higher-education, senior-living, and commercial portfolios and strong self-perform capabilities — directly comparable to Blum in size, geography overlap (NC, GA, AL, TN), and sector mix.
• Robins & Morton: Privately held regional GC with a heavy concentration in healthcare and higher-education construction across the Southeast; comparable to Blum in delivery methods (CMAR, design-build), self-perform scope, and target institutional clients.
• Choate Construction Company: Southeast US general contractor focused on commercial, healthcare, higher-education, and multi-family projects with offices across the Carolinas and Tennessee; directly comparable to Blum in regional footprint, sector mix, and self-perform model.
• Batson-Cook Construction: Southeast-focused general contractor delivering CMAR, design-build, and general contracting services with strong healthcare and higher-education exposure; comparable regional GC profile and delivery methods to Blum.
• Holder Construction Company: Privately held US general contractor with significant corporate, healthcare, and higher-education work and a reputation for sophisticated preconstruction and self-perform — closely comparable to Blum in service mix, although typically on larger-scale projects.
• Shelco Construction: Charlotte-headquartered Southeast US general contractor delivering CMAR, design-build, and general contracting services with significant healthcare, senior-living, and commercial exposure; comparable to Blum in regional base, delivery mix, and target end markets.

Broad incumbents

• Balfour Beatty US: National general contractor with significant operations across the Southeast including the Carolinas, covering healthcare, education, and commercial sectors; broader portfolio and balance sheet than Blum, but directly overlapping in NC healthcare and higher-education markets.
• Skanska USA: Global construction and development firm with a strong Southeast US presence covering healthcare, education, and corporate builds; competing with Blum for institutional clients in NC but operating at significantly larger scale with a wider geographic footprint.
• DPR Construction: National technical builder with deep healthcare, life sciences, and higher-education practices and a growing Carolinas presence; competing with Blum on complex institutional projects while bringing greater scale and technology investment.

Regional players

• Vannoy Construction: North Carolina-based general contractor with strong K-12, higher-education, healthcare, and senior-living portfolios across the Carolinas; highly comparable to Blum in geography and primary sectors, though traditionally more focused on K-12 and education work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/flblum
• LinkedInlinkedin.com/company/2769732
• Instagraminstagram.com/blumconstruction
• Xx.com/blumconstr

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 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 Frank L. Blum Construction Company