Stewart Development Construction
Stewart Development is a Houston-based commercial real estate developer and in-house general contractor delivering development, construction, design-build, and construction management services across Texas, operating under the family-owned Stewart Holdings Group umbrella and serving enterprise tenants, investors, and SMBs with over $3B in completed projects since 2018.
- Company typePrivate
- Founded2018
- HeadquartersHouston, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Stewart Development Construction does
Stewart Development is a Houston-based commercial real estate development and construction firm operating as a subsidiary of the family-owned Stewart Holdings Group conglomerate (founded 1992). Founded in December 2018, the company delivers four integrated core services: Development (ground-up land development and asset transformation, focused on industrial, multifamily, mixed-use, office, retail, and hospitality), Construction (in-house general contracting for ground-up, shell buildout, and renovation), Design-Build (single-contractor responsibility for design and construction leveraging relationships with national design firms), and Construction Management (owner-focused scope, budget, and schedule definition with competitive bidding support). The firm's competitive position rests on vertical integration with the wider Stewart Holdings Group — which fields 1,500+ employees across affiliated concrete, structural, site work, landscape, and consulting firms — enabling in-house trade capacity from foundations through finish-out.
The business model is project-based and relationship-driven, with pricing on a quote-per-project basis across Texas markets. The company targets enterprise tenants and commercial real estate investors (Volkswagen Group of America, Doka USA, LazyDays, Archdiocese of Austin) alongside SMB engagements (HTX Cider LLC, dental practices). Notable executed and in-flight projects include the $91 million VW Vehicle Processing Facility at Port Freeport (2024), the 3.66M SF 290 Logistics Park in Cypress, the 1,049,071 SF Talise Logistics Park in Laredo as Phase IA of a 13,000-acre master-planned community, the 652,214 SF Dry Creek Distribution in Georgetown, The Edge Industrial in Pearland, the 280,000 SF East End Makers Hub renovation in Houston, and the 46-acre Arbolada multifamily development in San Antonio.
Distribution runs through direct enterprise field sales supported by broker partnerships (notably Transwestern for industrial leasing). Cumulative completed project value exceeds $3 billion across Texas since inception, with operational reach spanning Houston, Cypress, Georgetown, Pearland, Laredo, Tomball, Waller, Clear Lake, Freeport, San Antonio, and College Station. The firm is privately held with no disclosed external institutional ownership.
Stewart Development Construction firmographics
Firmographics- Name
- Stewart Development Construction
- Legal name
- Stewart Development and Construction
- Website
- https://stewartdevelopment.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Stewart Development is a Houston-based commercial real estate developer and in-house general contractor delivering development, construction, design-build, and construction management services across Texas, operating under the family-owned Stewart Holdings Group umbrella and serving enterprise tenants, investors, and SMBs with over $3B in completed projects since 2018.
- Ownership category
- akta.pro rank
Stewart Development Construction industry classification
Industry- Product category
- Commercial Real Estate Development
- NAICS
- Land Subdivision (23721), Land Subdivision (2372), Land Subdivision (237210)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)
Keywords
Where Stewart Development Construction is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Stewart Development Construction business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Commercial Real Estate Development: Ground-up land development and transformation of existing assets, focusing on differentiated commercial products including industrial, multifamily, and mixed-use developments.
- Construction Services: Ground-up projects, shell space buildout, and renovation of existing facilities through in-house General Contractor capabilities.
- Design-Build Services: Contractually responsible for both design and construction of client projects using established relationships with design firms.
- Construction Management: Project scope, budget, and schedule definition; competitive bidding assistance; and general contractor selection support.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Stewart Development Construction product offering
Product offeringCore offering
Stewart Development is a Houston-based commercial real estate developer providing full-spectrum horizontal and vertical construction-related services: ground-up Development (land and existing asset transformation for industrial, multifamily, retail, office, and hospitality products), Construction (in-house general contracting for ground-up projects, shell buildouts, and renovations), Design-Build (single-contractor responsibility for design and construction using national design firm relationships), and Construction Management (owner-focused scope, budget, schedule, and GC selection). The firm operates primarily across Texas with an industrial, logistics, and multifamily focus, backed by the Stewart Holdings Group family of six affiliated firms.
Product overview
Stewart Development is a Houston-based commercial real estate developer offering four integrated core services: Development (ground-up and asset transformation), Construction (in-house general contracting for ground-up and renovation), Design Build (single-contractor design and construction), and Construction Management (owner-collaborative project oversight). The company is supported by the Stewart Holdings Group umbrella of six affiliated firms (Keystone Concrete, Stewart Builders, Keystone Structural, Keystone Site Work, Keyscape, and Ludlow & Associates), collectively employing over 1,500 people. The current project portfolio spans industrial logistics parks (290 Logistics Park in Cypress, Dry Creek Distribution in Georgetown, The Edge Industrial in Pearland, and Talise Logistics Park in Laredo), multifamily (Arbolada in San Antonio), and notable completed projects including the Volkswagen Vehicle Processing Facility at Port Freeport, the East End Makers Hub, and St. Mary's Catholic Church in College Station. All services are delivered with a partner-centric, integrity-driven approach focused on horizontal and vertical construction-related commercial real estate.
Differentiator
Problem solved
Functional benefit
Products and services
- Development Full-spectrum commercial real estate development services spanning ground-up land development and transformation of existing assets, focused on differentiated industrial, multifamily, retail, office, and hospitality products. Intended for commercial real estate investors, property owners, and developers seeking Texas projects.
- Construction General contractor services covering ground-up projects, shell space buildout, and renovation of existing facilities, performed with an in-house General Contractor and deeply experienced field staff. Intended for commercial and industrial clients in Texas.
- Design Build Single-contractor responsibility for both design and construction, leveraging long-standing relationships with national design firms to deliver a client's project vision from conception through completion. Intended for owners seeking integrated design and construction accountability.
- Construction Management Owner-focused project management collaboration with architects and engineers to define scope, budget, and schedule, followed by competitive bidding assistance and general contractor selection. Intended for project owners who want collaborative oversight.
- 290 Logistics Park
Quantifiable outcome
- $3 billion+ in completed real estate projects across Texas
- +5 more outcomes
Companies that use Stewart Development Construction
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles2 records
Stewart Development Construction technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Stewart Development Construction partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, preferred and minor.
- SE Legacy DevelopmentcoreCo-developer partner for Talise Logistics Park project in Laredo, Texas. SE Legacy Development is responsible for entitlements and master-planned community development including 13,000 acres through MMD, TIRZ, and PID arrangements providing public infrastructure.
- Method ArchitectspreferredArchitecture partner for Talise Logistics Park project providing architectural services for the industrial development.
- WGApreferredCivil engineering partner for Talise Logistics Park providing civil engineering services for the industrial development.
- TerraconpreferredGeotechnical engineering partner for Talise Logistics Park project.
- KDCcoreDeveloper partner for the Volkswagen Vehicle Processing Facility project at Port Freeport. KDC and Stewart Development collaborated with Port Freeport and VWGoA on this groundbreaking expansion project.
- Port FreeportcoreStrategic partner for the Volkswagen Vehicle Processing Facility development. Port Freeport collaborated with VWGoA, KDC, and Stewart Development on this 124.19-acre vehicle import and processing facility.
- Humphrey PartnerspreferredApartment architect for Arbolada multifamily development in San Antonio, providing architectural design services for the 46-acre multifamily site.
- StantecpreferredCivil engineering partner for Arbolada multifamily development providing civil engineering services.
- MethodpreferredArchitecture partner for East End Makers Hub project providing architectural services for the 280,000 SF light industrial manufacturing facility renovation.
- TXRX LabsminorTenant partner for East End Makers Hub with 65,000 SF buildout including conference rooms, office spaces, training rooms, gallery, machine rooms, electronics, jewelry, wood shop, and welding spaces.
- TranswesternpreferredBroker partner for Dry Creek Distribution project in Georgetown, Texas assisting with leasing of the 652,214 SF industrial development.
Scale indicators2 records
Recent moves7 records
Expansion highlights5 records
Stewart Development Construction competitors and assessment
Company assessmentDirect peers
- KDC: Dallas-based commercial real estate developer that co-developed the Volkswagen Vehicle Processing Facility with Stewart Development at Port Freeport. Operates as both developer and builder on large Class-A office and industrial projects, making it a directly comparable Texas commercial peer.
- D.E. Harvey Builders: Houston-based general contractor specializing in commercial construction including corporate, healthcare, education, and industrial projects. VP Brett Barnes previously worked here for 8 years, and the firm's project types and Texas-market focus closely mirror Stewart Development's construction services.
- Holt Lunsford Commercial: Texas-based commercial real estate firm offering development, brokerage, property management, and construction services across industrial, office, and retail. Similar full-spectrum service model and Texas geographic concentration to Stewart Development.
- Vaughn Construction: Houston-based general contractor focused on healthcare, higher education, and commercial construction. Team member Cole Sauer previously worked at Vaughn, and the firm's Houston base, project mix, and design-build capabilities make it a directly comparable Texas commercial builder.
- Trademark Property Company: Fort Worth-based commercial real estate developer focused on mixed-use, retail, office, and multifamily projects across Texas. Comparable Texas developer with similar full-service development, construction management, and design-build capabilities.
- Billingsley Company: Dallas-based commercial real estate developer with a diversified portfolio of industrial, office, retail, and multifamily projects across Texas. Comparable mid-sized developer with vertical integration across asset classes similar to Stewart Development's industrial, multifamily (Arbolada), and mixed-use focus.
- Hillwood: Dallas-based commercial real estate developer (founded by Ross Perot Jr.) specializing in industrial/logistics parks, mixed-use, and master-planned communities. Closely comparable to Stewart Development in Texas industrial focus, master-planning approach, and project scale.
- Crow Holdings Industrial: Texas-based industrial real estate developer with a national logistics portfolio. Develops Class-A distribution and logistics facilities in major Texas markets (Dallas-Fort Worth, Houston) at comparable scale to Stewart's 290 Logistics Park and Talise Logistics Park projects.
Broad incumbents
- McCarthy Building Companies: National general contractor with a strong Texas presence providing design-build, construction management, and general contracting services across commercial, healthcare, education, and industrial sectors. Larger and more diversified but overlaps significantly on Texas commercial construction projects.
- Prologis: Global industrial real estate investment trust (REIT) and largest developer of logistics facilities. Sets market pricing and competitive context for Stewart Development's industrial logistics parks (290 Logistics Park, Talise) and represents the broader incumbent in Stewart's primary target segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Stewart Development Construction social profiles
Digital presenceStewart Development Construction financial estimates
Financial estimateRevenue estimate
Valuation estimate
Stewart Development Construction leadership team
Management profileNumber of profiles
Profiles6 records
Stewart Development Construction funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Stewart Development Construction 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 Stewart Development Construction
What does Stewart Development Construction do?
Stewart Development is a Houston-based commercial real estate developer providing full-spectrum horizontal and vertical construction-related services: ground-up Development (land and existing asset transformation for industrial, multifamily, retail, office, and hospitality products), Construction (in-house general contracting for ground-up projects, shell buildouts, and renovations), Design-Build (single-contractor responsibility for design and construction using national design firm relationships), and Construction Management (owner-focused scope, budget, schedule, and GC selection). The firm operates primarily across Texas with an industrial, logistics, and multifamily focus, backed by the Stewart Holdings Group family of six affiliated firms.
Is Stewart Development Construction a public or private company?
Stewart Development Construction is a private company. It is classified as family owned and is currently operating.
When was Stewart Development Construction founded?
Stewart Development Construction was founded in 2018. It employs 11 to 50 people.
Where is Stewart Development Construction based?
Stewart Development Construction is headquartered in Houston, United States, in the North America region.
How does Stewart Development Construction make money?
Four revenue lines are on record. Commercial Real Estate Development is the primary driver. The others are construction Services, design-Build Services and construction Management.
Who are Stewart Development Construction's main competitors?
Direct peers on record are KDC, D.E. Harvey Builders, Holt Lunsford Commercial, Vaughn Construction, Trademark Property Company, Billingsley Company, Hillwood and Crow Holdings Industrial. Broad incumbents are McCarthy Building Companies and Prologis.
Does Stewart Development Construction have an API?
No public API is recorded for Stewart Development Construction.
What industry is Stewart Development Construction in?
Stewart Development Construction's product category is Commercial Real Estate Development. Its primary akta.pro industry code is BPAJAMAL, Real Estate Development Asset Management (Project/Construction-to-Stabilization). Its NAICS code is 23721 and its SIC code is 6552.