What LM Construction does

LM Construction Co. is a privately held, founder-owned commercial construction firm headquartered in Las Vegas, Nevada, founded in 1996 by third-generation contractor Larry Monkarsh. The company delivers design-build construction services across four licensed states — Nevada (B2 unlimited, C4 with $900K bond), Arizona, Utah, and Idaho — targeting commercial & industrial developers, restaurant and franchise operators, healthcare and dental providers, retailers, and manufacturing/distribution clients.

Its core service portfolio spans design-build project delivery, concrete tilt-up shell construction, Butler pre-engineered metal building systems, tenant improvements, and pre-construction/consulting services, with vertical specialization in restaurant, retail, and medical/surgical/dental builds. The company's technical differentiator is the proprietary Total Integrated Panel System (TIPS), a trademarked concrete sandwich wall panel using high-density shotcrete and polystyrene layers claimed to deliver R-38 equivalent insulation, STC 50+ sound rating, and 2-4 hour fire resistance, alongside tilt-up methods that can complete buildings in approximately four months.

LM Construction operates as a sales-led, project-based general contractor with quote-based pricing, an open-book policy, and hands-on client management including weekly meetings and on-site inspections. Revenue is generated through professional-services contracts (design-build, project management, shell construction, tenant improvements, consulting, and self-performed metal stud framing/drywall). Since 1996 the firm has built over 12 million square feet of commercial, industrial, and retail space — including a $40 million, ~328,000 sq ft industrial park broken ground in Henderson, Nevada in January 2023 — with a portfolio of named enterprise customers spanning PepsiCo, Starbucks, Domino's, Dunkin', Jollibee, L'Occitane, and Epiphany Dermatology, alongside a long tail of independent restaurant and SMB tenants.

Name

LM Construction

Legal name

LM Construction Co.

Website

https://lmconstructionco.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

LM Construction Co. is a privately held, Las Vegas-based design-build general contractor founded in 1996 that delivers commercial, industrial, retail, restaurant, and medical construction across Nevada, Arizona, Utah, and Idaho using tilt-up methods, Butler metal buildings, and its proprietary TIPS wall panel system.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

NAICS

Commercial and Institutional Building Construction (23622), Industrial Building Construction (23621), Commercial and Institutional Building Construction (236220)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Retail & Mixed-Use Commercial Construction (IMAFACAB)

akta.pro secondary industries

Office & Corporate Building Construction (IMAFACAA), Automotive & Heavy Manufacturing Plant Construction (IMAFADAK)

Keywords

• Commercial construction services
• Design-build construction
• Concrete tilt-up construction
• Tenant improvement services
• Pre-engineered metal buildings

Headquarters

HQ city

Las Vegas

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, Technology or R&D

Revenue model

1. Design-Build Construction Services: Full-service commercial design-build construction from concept to completion. Includes design, engineering, permitting, and construction services under one roof. Cost of plans and permits built into construction cost.
2. Construction Project Management: Full-service commercial construction project management coordinating with architects, engineers, owners and tenants throughout the project lifecycle.
3. Shell Construction / Tilt-Up Construction: Concrete tilt-up and pre-engineered metal building construction for industrial, commercial and retail facilities. Can include multi-tenant configurations.
4. Tenant Improvement: Interior construction and remodeling services for existing spaces including retail, restaurant, medical and office tenant improvements.
5. Self-Performance of Metal Stud Framing and Drywall: In-house capability for metal stud framing and drywall construction services.
6. Construction Consulting: Pre-development and pre-construction services including site layout, floor plans, design review, zoning, special use permits, variances, and entitlements. Budget numbers for pro-formas.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

LM Construction delivers full-service commercial design-build construction spanning concrete tilt-up shell buildings, Butler pre-engineered metal buildings, tenant improvements, and vertical-specific construction for retail, restaurant, medical/surgical/dental, and industrial facilities. The firm combines architecture, engineering, permitting, and construction under a single accountable contract, augmented by construction consulting and its proprietary Total Integrated Panel System (TIPS) insulated concrete panel technology. Services are licensed across Nevada, Arizona, Idaho, and Utah.

Product overview

LM Construction is a full-service commercial construction company offering a unified portfolio of design-build construction services spanning multiple specialized sectors. The core offering combines Design Build methodology with specific construction types including Concrete Tilt-Up Construction and Butler Pre-Engineered Metal Building Systems, supplemented by the proprietary Total Integrated Panel System (TIPS) for enhanced thermal and sound insulation. Service verticals include Tenant Improvement, Retail Construction, Restaurant Construction, and Medical/Surgical/Dental Office Construction, all supported by Construction Consulting services. The company operates with an "open book" policy, providing value engineering and full transparency throughout the building process.

Differentiator

Problem solved

Functional benefit

Products and services

• Design Build Design-build construction methodology that combines contractor, architect and design services under a single source with single-point accountability from project conception to completion.
• Concrete Tilt-Up Construction Shell construction method where load-bearing concrete wall panels are cast horizontally on-site and tilted into position by crane, offering speed, durability, energy efficiency, and architectural appeal with project timelines as short as four months.
• Butler Pre-Engineered Metal Building Systems Pre-engineered steel building systems from Butler Manufacturing, providing cost-effective construction with design/build simplicity and faster project completion than conventional methods.
• Tenant Improvement New tenant improvement and remodeling services with design-build project management for office, restaurant, industrial, and retail spaces.
• Retail Construction Retail construction services including automotive, showrooms, health and beauty, furniture, home decor, restaurants, medical, day spas, real estate, and fitness facilities.
• Restaurant Construction Restaurant design-build construction for fast food, cafes, fine dining, corporate chains, franchises, and food processing plants.
• Medical, Surgical, and Dental Office Construction Design and construction of medical and dental offices, laboratories, surgery centers, and healthcare facilities with compliance planning for ADA, Medicare/Medicaid, and local building codes.
• Construction Consulting Pre-development and pre-construction consulting including site layout, floor plans, design review, zoning, special use permits, variances, and entitlements representation.
• Total Integrated Panel System (TIPS) Proprietary insulated concrete sandwich panel system combining high-density shotcrete with polystyrene layers, delivering R-38 thermal equivalence, STC 50+ sound rating, and 2–4 hour fire resistance to cut heating and cooling costs by 50–80%.

Quantifiable outcome

• 12,000,000+ square feet of commercial, industrial and retail space built since 1996
• +3 more outcomes

Named customers21 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

Feature3 records

Partnerships

One partnership is on record.

• Butler ManufacturingcoreStrategic or Co-development PartnerExclusive partnership with Butler Manufacturing for pre-engineered metal building systems. Butler is the world's leading producer of pre-engineered metal building systems with over 100 years of history. LM Construction leverages Butler's systems and warranties while providing turn-key construction services. The partnership provides design-build process simplification, faster project completion than conventional methods, and is backed by Butler building warranties and guarantees.

Scale indicators4 records

Recent moves3 records

Expansion highlights4 records

Direct peers

• Martin-Harris Construction: Las Vegas-based commercial general contractor of comparable size offering design-build, tenant improvement, and ground-up construction across commercial, healthcare, and industrial sectors in the Southwest. Closest head-to-head competitor for LM in the Las Vegas market.
• Penta Building Group: Las Vegas-headquartered commercial GC delivering tilt-up, tenant improvement, hospitality, healthcare, and industrial projects across the Southwest. Operates with a similar design-build delivery model and comparable client mix of franchise, healthcare, and industrial developers.
• Wespac Construction: Las Vegas-based general contractor focused on commercial, industrial, hospitality, and tenant improvement projects. Competes directly with LM for franchise and commercial shell work in the Las Vegas valley.
• Burke Construction Group: Las Vegas commercial GC delivering tilt-up construction, tenant improvements, and design-build services for retail, restaurant, medical, and industrial clients. Comparable size, scope, and Southwest regional focus to LM.

Regional players

• Kitchell Contractors: Arizona-headquartered commercial and industrial general contractor with design-build delivery and tilt-up capability. Overlaps with LM in the Phoenix market and on Southwest industrial developer accounts.
• Adolfson & Peterson Construction: Mid-sized regional GC with offices across the Mountain West and Southwest delivering commercial, healthcare, and industrial projects. Comparable design-build and tilt-up execution model with similar customer profile.

Broad incumbents

• Sundt Construction: Large Southwest regional general contractor with offices in Arizona, Nevada, Texas, and California. Competes with LM on industrial, commercial, and healthcare projects at a larger scale, providing a benchmark for what LM could grow into.
• McCarthy Building Companies: National employee-owned GC with significant Las Vegas and Phoenix presence across commercial, industrial tilt-up, and healthcare. Represents the larger-end competitive threat LM faces when scaling into multi-building campus work.
• The Weitz Company: National commercial GC with Southwest regional presence delivering tilt-up, industrial, and tenant improvement work. Larger-scale competitor that franchise and industrial clients may select over LM for portfolio-wide contracts.
• Turner Construction Company: Largest US commercial general contractor with active Las Vegas and Phoenix offices. Sets the competitive ceiling on pricing, technology adoption, and self-perform capability that LM must compete against on larger commercial and industrial pursuits.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/_lmconstruction
• Facebookfacebook.com/LMCONSTRUCTIONCO
• LinkedInlinkedin.com/company/lm-construction-co-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 LM Construction