Palace Construction Inc.
Palace Construction Inc. is a Denver-based general contractor founded in 1963 delivering new construction, renovation, and 24/7 emergency restoration services for affordable housing, senior living, education, municipal, and institutional clients across Colorado.
- Company typePrivate
- Founded1963
- HeadquartersDenver, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Palace Construction Inc. does
Palace Construction Inc. is a Denver-based general contractor founded in 1963 that provides new construction, renovation, and 24/7 emergency restoration services across the Colorado Front Range and Rocky Mountain region. The company serves public-sector and institutional clients through three core service lines—New Construction, Renovation, and Restoration (branded as Palace 911)—with documented project experience in affordable housing (North Range Crossings, 216 units; Peoria Crossing, 82 units, $24M; Moline at Stapleton, 180 units, $36M), senior living (Golden West, 309 units; InnovAge 72-unit PACE community), K-12 education, municipal, religious, and non-profit facilities. Restoration work is delivered by IICRC-certified staff and includes storm, fire, and vehicle-impact recovery, available 365 days per year.
Revenue is generated through project-based construction contracts secured via competitive bidding and direct relationships with housing authorities, developers, and institutional clients; pricing is project-specific and not publicly disclosed. The business is relationship-driven rather than transactional: Palace relies on long-standing development partners (Northeast Denver Housing Center, Brookfield Properties, Perry Rose, CHFA, Denver Economic Development & Opportunity) and architectural collaborators (Cuningham Group, OZ Architecture), with 101–250 employees and a leadership team averaging 10+ years of tenure. The company's competitive differentiators are occupied renovation expertise, historic-preservation credentials (2019 Stephen H. Hart Award for the Fruitdale Lofts rehabilitation), and integrated preconstruction planning, supported by BBB accreditation and IICRC sector certifications rather than proprietary technology. Palace is privately held with no institutional investors, no public listing, no disclosed funding rounds, and no M&A activity in the data set.
Palace Construction Inc. firmographics
Firmographics- Name
- Palace Construction Inc.
- Legal name
- Palace Construction Inc.
- Website
- https://palaceconst.com
- Company type
- Private
- Founded year
- 1963
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Palace Construction Inc. is a Denver-based general contractor founded in 1963 delivering new construction, renovation, and 24/7 emergency restoration services for affordable housing, senior living, education, municipal, and institutional clients across Colorado.
- Ownership category
- akta.pro rank
Palace Construction Inc. industry classification
Industry- Product category
- Construction Services
- NAICS
- Commercial and Institutional Building Construction (23622), Residential Building Construction (23611), Construction of Buildings (236)
- SIC
- General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520)
- akta.pro primary industry
- Public Works General Contracting (IMAFAAAG)
- akta.pro secondary industries
- Senior Living & Assisted Living Facility Construction (IMAFACAJ), Government & Civic Building Construction (Courthouses, City Halls, Public Safety) (IMAFACAF), Religious & Cultural Building Construction (Places of Worship, Museums, Libraries) (IMAFACAH), Disaster Recovery & Restoration General Contracting (IMAFAAAJ), New School Construction (Greenfield Builds) (EDAEABAA)
Keywords
Where Palace Construction Inc. is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Palace Construction Inc. business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- General Contracting: Palace Construction generates revenue through construction project contracts, providing new construction, renovation, and restoration services for commercial and residential projects across multiple market segments including affordable housing, education, municipal, religious, and senior living facilities.
- Restoration/Emergency Services: 24/7 emergency restoration services including storm recovery, fire damage, and vehicle impact reconstruction, available 365 days per year through their Palace911 division.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based construction services with customized pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Palace Construction Inc. product offering
Product offeringCore offering
Palace Construction Inc. is a Colorado-based general contractor delivering new construction, renovation, and 24/7 emergency restoration services. The company serves developers, housing authorities, government entities, educational institutions, religious organizations, non-profits, and senior living operators across the Rocky Mountain region with projects spanning affordable housing, senior living, education, municipal, religious, retail, and historic preservation sectors.
Product overview
Palace Construction is a general contractor offering three core service lines: New Construction (commercial and residential building across affordable housing, education, healthcare, hospitality, mixed-use, multi-family, municipal, religious, retail, and senior living sectors), Renovation (adaptive reuse, exterior/interior upgrades, historic renovation, and occupied renovation projects), and Restoration through Palace 911 (24/7 emergency services for storm recovery, fire damage, and vehicle impact). The company operates throughout the Rocky Mountain region with a focus on the Front Range of Colorado.
Differentiator
Problem solved
Functional benefit
Products and services
- New Construction Full-service new construction from conceptual budgeting through preconstruction logistics planning to on-site construction delivery, serving multiple market sectors including affordable housing, education, healthcare, hospitality, mixed-use, multi-family, municipal, religious, retail, and senior living.
- Renovation Renovation services ranging from cosmetic upgrades to capital improvements, mechanical upgrades, and building conversions, including adaptive reuse, exterior/interior upgrades, historic renovation, and occupied renovation projects for commercial, residential, institutional, and historic buildings.
- Restoration (Palace 911) 24/7 emergency restoration services including storm recovery, fire damage repair, and vehicle impact reconstruction. Available 365 days per year with all project managers, estimators, and field technicians certified by the Institute of Inspection Cleaning and Restoration Certification (IICRC).
Quantifiable outcome
- Delivered 180-unit Moline at Stapleton Apartments project on budget and ahead of schedule
- +3 more outcomes
Companies that use Palace Construction Inc.
Customer profileNamed customers10 records
Segments8 records
Ideal customer profiles5 records
Palace Construction Inc. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Palace Construction Inc. partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Aurora Housing AuthoritycorePrimary client and development partner for Peoria Crossing (82 units, $24 million). Aurora Housing Authority serves as developer with Palace Construction as general contractor for this transit-oriented affordable housing development.
- Northeast Denver Housing Center (NDHC)coreJoint development partner for affordable housing projects including Moline at Stapleton Apartments (180 units, $36 million project). NDHC serves as developer while Palace Construction provides construction services on these affordable housing developments.
- Denver Economic Development & OpportunitycorePublic-sector partner providing funding and support for affordable housing developments. Collaborated on North Range Crossings and East Range Crossings projects near 61st and Peña A Line station.
- Brookfield Properties (formerly Forest City)coreMajor development partner for Stapleton projects, providing land donation and financial support for the Moline at Stapleton development.
- Colorado Housing and Finance Authority (CHFA)coreState housing finance agency providing Low Income Housing Tax Credits and financing for affordable housing projects including Moline at Stapleton and East Range Crossings.
- Boulder Housing PartnersminorHousing authority partner for Golden West Senior Living renovation project (309 units) and Tantra Lakes Apartments.
- Cuningham Group ArchitecturecorePrimary architectural design partner for multiple affordable housing projects including Central Park series (I, II, III, IV), Moline at Stapleton, and Flats at Ford. Collaborative design-build relationship.
- OZ ArchitecturecoreArchitectural partner for Marycrest Apartments, Elitch Gardens Theatre, and Golden West Senior Living projects.
- Perry Rose / Perry Rose LLCcoreRepeat development partner for multiple projects including Highland Garden, Aria Apartments, and Elitch Gardens Theatre. Ongoing collaborative relationship.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
Palace Construction Inc. competitors and assessment
Company assessmentBroad incumbents
- Hensel Phelps: Larger Colorado-headquartered national GC operating across aviation, healthcare, education, and commercial construction. Significantly larger scale but competes for institutional and affordable housing work in the same Colorado market.
- Mortenson Construction: Major national GC with active presence in Colorado across affordable housing, healthcare, education, and renewable energy projects. Competes with Palace on public-sector and affordable housing LIHTC bids in the Front Range.
Direct peers
- Saunders Construction: Colorado-based general contractor with comparable size and a similar mix of commercial, institutional, healthcare, and multifamily projects across the Front Range. Direct head-to-head competitor on many of the same public and private bids.
- Catamount Constructors: Colorado regional general contractor active in commercial, multifamily, hospitality, and senior living construction. Competes with Palace on similar project types in the Front Range market.
- GE Johnson Construction Company: Regional Colorado GC active in commercial, hospitality, education, and multifamily construction. Operates in the same Front Range market with comparable scale and customer types as Palace.
- Adolfson & Peterson Construction: Mid-sized regional GC with similar footprint across Colorado and the Midwest, competing in the same affordable housing, senior living, education, and commercial market segments as Palace Construction. Closest direct peer by size, geography, and vertical mix.
- Haselden Construction: Denver-based regional GC with strong institutional presence across healthcare, education, and commercial construction. Directly competes with Palace on public and private institutional work in Colorado.
- Fransen Pittman General Contractors: Colorado commercial GC serving office, healthcare, education, and multifamily clients. Comparable size and market overlap with Palace on Front Range projects.
- Bryan Construction: Colorado-based regional GC focused on commercial, healthcare, education, and senior living construction. Similar size and customer base to Palace, competing for institutional work in the Front Range.
Regional players
- Mark III Construction: California-based industrial and commercial GC with multifamily expertise that overlaps with Palace's affordable housing segment. Comparable scale but operating in a different geography, illustrating the regional GC model Palace operates within.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Palace Construction Inc. social profiles
Digital presencePalace Construction Inc. compliance and trust
Trust signalCompliance1 record
Palace Construction Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Palace Construction Inc. leadership team
Management profileNumber of profiles
Profiles9 records
Palace Construction Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Palace Construction Inc. 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 Palace Construction Inc.
What does Palace Construction Inc. do?
Palace Construction Inc. is a Colorado-based general contractor delivering new construction, renovation, and 24/7 emergency restoration services. The company serves developers, housing authorities, government entities, educational institutions, religious organizations, non-profits, and senior living operators across the Rocky Mountain region with projects spanning affordable housing, senior living, education, municipal, religious, retail, and historic preservation sectors.
Is Palace Construction Inc. a public or private company?
Palace Construction Inc. is a private company. It is classified as management employee owned and is currently operating.
When was Palace Construction Inc. founded?
Palace Construction Inc. was founded in 1963. It employs 101 to 250 people.
Where is Palace Construction Inc. based?
Palace Construction Inc. is headquartered in Denver, United States, in the North America region.
How does Palace Construction Inc. make money?
Two revenue lines are on record. General Contracting is the primary driver. The others are restoration/Emergency Services.
Who are Palace Construction Inc.'s main competitors?
Broad incumbents on record are Hensel Phelps and Mortenson Construction. Direct peers are Saunders Construction, Catamount Constructors, GE Johnson Construction Company, Adolfson & Peterson Construction, Haselden Construction, Fransen Pittman General Contractors and Bryan Construction. Mark III Construction is listed as a regional player.
Does Palace Construction Inc. have an API?
No public API is recorded for Palace Construction Inc..
What industry is Palace Construction Inc. in?
Palace Construction Inc.'s product category is Construction Services. Its primary akta.pro industry code is IMAFAAAG, Public Works General Contracting, with a secondary code of IMAFACAJ, Senior Living & Assisted Living Facility Construction. Its NAICS code is 23622 and its SIC code is 1540.