HB Construction

What HB Construction does

HB Construction is a private general contractor founded in 1991 in Albuquerque, New Mexico, and currently operating as New Mexico's third-largest general contractor with approximately $160 million in annual revenue and over 100 employees. The firm delivers construction management, design-build, and Construction Manager at Risk (CMAR) services across four primary verticals — education, government, industrial, and multi-family residential — for institutional and public-sector clients including school districts, county and municipal governments, universities, and health systems. Its geographic footprint spans New Mexico, Southern New Mexico, and West Texas through three offices in Albuquerque, Las Cruces, and El Paso.

The service portfolio is built on full-lifecycle general contracting: preconstruction and risk management, design collaboration, budget development, constructability review, and project execution. Core delivery infrastructure combines BIM (Building Information Modeling) for design coordination with Procore as a power-user project management platform, supplemented by daily reporting tools and analytics platforms; the company markets a 100% constructability analysis that fuses BIM, contract-document expertise, and field experience. Differentiators center on third-party-validated safety and quality credentials (ABC STEP Diamond, ABC AQC accreditation, 8-time ENR Southwest Best Project wins) and a relationship-driven go-to-market that engages owners and developers at the conceptual stage on funding, site selection, and delivery method alignment, supplemented by a formal subcontractor registration and bid-inquiry pipeline.

Revenue is generated project-by-project through competitive bidding and contract-based construction engagements; there are no disclosed recurring software or service revenue streams, no disclosed standard pricing tiers, and no disclosed margins. The customer base skews public-sector and institutional, with anchor accounts such as Albuquerque Public Schools, UNM Hospital, Bernalillo County, NMSU, El Paso ISD, and Lovelace Health System, and includes design-build partners such as Building Hope, Mussman Architects, and Albuquerque Housing Authority. The company is privately held, non-venture-backed, and in January 2026 completed a planned leadership succession that installed its first non-family CEO (Zach Gruen) alongside a new President/COO (Travis Coker), Chairman (Jason Harrington), and Chief Risk Officer (Adam Harrington).

Name

HB Construction

Legal name

HB Construction

Website

https://hbconstruction.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

HB Construction is a private New Mexico-based general contractor founded in 1991, delivering construction management, design-build, and CMAR services for education, government, industrial, and multi-family clients across New Mexico and West Texas, with approximately $160 million in annual revenue.

Ownership category

akta.pro rank

Product category

General Construction Services

NAICS

Commercial and Institutional Building Construction (23622), Nonresidential Building Construction (2362), Industrial Building Construction (23621)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Construction Management (Agency/Owner’s Rep) (IMAFAAAC)

akta.pro secondary industry

Commercial General Contracting (New Build) (IMAFAAAA)

Keywords

• General contracting services
• Commercial construction
• Construction management
• Design-build delivery
• Public sector construction

Headquarters

HQ city

Albuquerque

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. General contracting and construction management: HB Construction generates revenue as a general contractor providing project development, preconstruction, design-build, and construction manager at risk services for education, government, industrial, and multi-family projects. Revenue is project-based, derived from construction contracts.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

HB Construction is a general contractor providing project development, preconstruction, design-build, and Construction Manager at Risk (CMAR) services for commercial and public projects. Work spans education, government, industrial, and multi-family housing sectors, with a technology-enabled delivery stack built on BIM, Procore, and a 100% constructability review process. The firm operates from offices in Albuquerque, Las Cruces, and El Paso and generates revenue through project-based construction contracts.

Product overview

HB Construction is a general contractor offering a unified suite of construction services centered on its core general contracting practice. The company delivers projects through two primary methods—Design-Build and Construction Manager at Risk (CMAR)—across four market sectors: Education, Government, Industrial, and Multi-family housing. Services span the full project lifecycle from conceptual development and risk management through design collaboration, budget development, and constructability review. The company also provides specialized services including community engagement, safety-focused project delivery, and technology-enabled project management.

Differentiator

Problem solved

Functional benefit

Products and services

• General Construction Services Full-service general contracting covering project development, preconstruction risk management, design collaboration, budget development, and constructability review for commercial and public construction projects in New Mexico, Southern New Mexico, and West Texas.
• Design-Build Delivery Integrated project delivery method where HB leads design and construction teams collaboratively alongside owners to generate clear expectations and creative delivery solutions, including on public-sector projects such as the Bernalillo County Government Center at Alvarado Square.
• Construction Manager at Risk (CMAR) Project delivery method offering sustained transparency and constructability best practices through a deep portfolio of CMAR projects, used on healthcare, education, and civic engagements.

Quantifiable outcome

• 8-time ENR Southwest Best Project winner
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Albuquerque School of ExcellencecoreStrategic or Co-development PartnerHB Construction is partnered with Albuquerque School of Excellence as the general contractor for the West Campus Phase 2 project, expanding their existing K-12 presence in northeast Albuquerque. The project will serve more than 1,200 students on the westside. HB is partnered with Building Hope and Mussman Architects, P.A. on this transformative project.
• Building HopecoreStrategic or Co-development PartnerBuilding Hope is a co-development partner with HB Construction on the Albuquerque School of Excellence West Campus project, working alongside Mussman Architects, P.A.
• Mussman Architects, P.A.coreStrategic or Co-development PartnerMussman Architects, P.A. is the architect of record partnered with HB Construction and Building Hope on the Albuquerque School of Excellence West Campus project.
• UNM (University of New Mexico)coreStrategic or Co-development PartnerHB Construction serves as CMAR (Construction Manager at Risk) partner with UNM on multiple projects including the Children's Psychiatric Center and Behavioral Health Crisis Center. HB has also created an endowment fund within the UNM School of Engineering as part of its 35th anniversary giving.
• ABC New Mexico (Associated Builders and Contractors)coreStrategic or Co-development PartnerHB Construction is an active member of ABC New Mexico, participating in Excellence in Construction Awards and workforce development programs. HB has committed funds to ABC New Mexico workforce development as part of its 35th anniversary giving.
• AGC New Mexico (Associated General Contractors)coreStrategic or Co-development PartnerHB Construction partners with AGC New Mexico, hosting student chapter tours at project sites and contributing to workforce development initiatives. An HB endowment fund was established at the UNM AGC Student Chapter.
• APS Education FoundationminorStrategic or Co-development PartnerRecipient of HB Construction's 35th anniversary endowment commitment benefiting regional education and workforce development.
• ALS New MexicominorStrategic or Co-development PartnerRecipient of HB Construction's 35th anniversary giving benefiting local ALS awareness and support programs.
• CNM FoundationminorStrategic or Co-development PartnerRecipient of HB Construction's 35th anniversary giving benefiting Central New Mexico Community College's workforce development programs.
• Veterans and Families FoundationminorStrategic or Co-development PartnerRecipient of HB Construction's 35th anniversary giving benefiting veterans and their families in the region.
• Albuquerque Housing AuthoritycoreStrategic or Co-development PartnerHB Construction partnered with Albuquerque Housing Authority on the Casitas del Camino project delivering 88 new affordable housing units to Albuquerque's West Mesa neighborhood.
• Bohannan HustonminorStrategic or Co-development PartnerHB Construction is building the Bohannan Huston Office Building project in Las Cruces, representing a construction partnership with the engineering and design firm.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Bradbury Stamm Construction: Albuquerque-based general contractor serving New Mexico with similar commercial, institutional, and government project work; directly comparable to HB on geography, delivery methods, and customer segments.
• Jaynes Corporation: New Mexico-headquartered general contractor with a comparable Southwest regional footprint and mix of education, government, and commercial work; competes head-to-head with HB for many of the same public-sector bids.
• Enterprise Builders Corporation: Albuquerque-based general contractor operating across New Mexico commercial and institutional markets; comparable size and project mix to HB Construction.
• Summit Construction Co. New Mexico commercial general contractor with overlapping K-12, higher education, and government project work; competes with HB in similar bid pools.

Broad incumbents

• Hensel Phelps: Large diversified national GC with a major presence in the Southwest (Colorado HQ, regional offices); competes with HB on larger commercial and institutional projects and as an industry benchmark for delivery methods like CMAR.
• Turner Construction Company: One of the largest U.S. general contractors with national commercial, education, and healthcare capabilities; occasionally competes with HB on larger Southwest projects and pushes the regional labor and subcontractor pool.
• McCarthy Building Companies: National GC with strong education, healthcare, and public-sector portfolios; relevant as a larger competitor pursuing the same institutional client types HB serves.
• Gilbane Building Company: Large privately held GC with deep education and government-sector practices; comparable on CMAR delivery for K-12, higher ed, and civic projects.
• Robins & Morton: National GC specializing in healthcare construction; directly comparable to HB's UNM Hospital and Lovelace Health System healthcare project work.
• Mortenson Construction: Large U.S. GC active in healthcare, education, and government sectors; overlaps with HB on institutional delivery methods and competes for similar public-sector programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HB Construction