What Thomas Construction Group does

Thomas Construction Group is a full-service Construction Manager and General Contractor headquartered in Wilmington, North Carolina, founded in 2005. The company delivers projects across five sectors — Healthcare, Commercial, Public, Senior Living, and Multifamily — for enterprise clients including health systems (Novant Health, ECU Health, Acadia Healthcare), government entities (New Hanover County, Town of Atlantic Beach), commercial tenants (nCino, CAPTRUST), and senior living operators (Liberty Senior Living, Pennybyrn at Maryfield). Delivery methods span Construction Management at Risk (CM@R), Design/Build, progressive design-build, and Design-Bid-Build, with project pricing negotiated on a per-project basis.

The company's process is anchored by its proprietary Target Value Delivery (TVD) preconstruction methodology, which establishes a direct correlation between design decisions and cost to give clients early-phase cost certainty. Field execution is supported by Virtual Design and Construction (VDC), Building Information Modeling (BIM) including on-jobsite BIM boxes, Procore construction-management software, P6 scheduling, and drone-based monitoring, all integrated under Lean Construction principles. Thomas was the first North Carolina general contractor to earn OSHA SHARP certification (2013) and has subsequently earned ABC STEP Diamond (2023) and Platinum (2020, 2022) safety awards, alongside 2025 ABC Excellence in Construction Merit Awards for the ECU Health Behavioral Health Hospital and Pennybyrn at Maryfield projects.

The business model is project-based B2B services revenue. Thomas surpassed $100MM in annual revenues in 2021 (up from $5MM in 2007), with $30.9M+ individual contracts now typical and the Wye Junction mixed-use development in Durham representing the largest project in company history at 450,000 SF. The company is privately held (Thomas Construction Group, LLC, North Carolina), serves markets across the Southeast U.S. (North Carolina, South Carolina, Tennessee, Indiana, Iowa), and runs its go-to-market through direct enterprise relationships, preconstruction partnerships, design-build collaboration, CM@R arrangements, and a trade-partner prequalification channel via TradeTapp/Building Connected.

Name

Thomas Construction Group

Legal name

Thomas Construction Group, LLC

Website

https://thomasconstructiongroup.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Thomas Construction Group is a Wilmington, NC-based full-service Construction Manager and General Contractor founded in 2005, delivering Design/Build, CM@R, and Design-Bid-Build projects across Healthcare, Commercial, Public, Senior Living, and Multifamily sectors for enterprise clients across the Southeast U.S.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

NAICS

Commercial and Institutional Building Construction (23622), Nonresidential Building Construction (2362), Commercial and Institutional Building Construction (236220)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), Operative Builders (1531)

akta.pro primary industry

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

akta.pro secondary industries

Office & Corporate Building Construction (IMAFACAA), Construction Program Management (Multi-site/Portfolio) (IMAFAAAF)

Keywords

• General contracting services
• Construction management
• Healthcare construction
• Commercial construction
• Preconstruction services

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. General Contracting and Construction Management: Thomas Construction Group generates revenue as a full-service Construction Manager and General Contractor. Revenue is project-based, earned through fixed-price contracts, Construction Management at Risk (CM@R) arrangements, and Design/Build delivery methods. Projects range from $30.9M public school contracts to multi-phase healthcare campuses, with company surpassing $100MM in annual revenues in 2021.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Thomas Construction Group is a full-service Construction Manager and General Contractor headquartered in Wilmington, NC, delivering vertically-organized project execution across Healthcare, Commercial, Public, Senior Living, and Multifamily sectors. Projects are executed through Design/Build, Construction Management at Risk (CM@R), and Design-Bid-Build delivery methods, with the firm's proprietary Target Value Delivery (TVD) preconstruction methodology anchoring cost-certainty and early collaboration. The firm has surpassed $100MM in annual revenues and serves enterprise clients across the Southeast U.S.

Product overview

Thomas Construction Group is a full-service Construction Manager and General Contractor based in Wilmington, NC, founded in 2005. The company operates as a single unified service offering centered on construction project delivery across five core sectors: Healthcare, Commercial, Public, Senior Living, and Multifamily construction. Their service portfolio is organized around their proprietary Target Value Delivery (TVD) preconstruction methodology, supported by VDC/BIM technology services, preconstruction planning, and construction execution. The company also operates an Intern Program for talent development. Projects are delivered through preferred methods including Design/Build, Construction Management at Risk (CM@R), and design-bid-build. Notable projects include the ECU Health Behavioral Health Hospital, MedNorth Health Center, New Hanover County Government Center, and various senior living communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Healthcare Construction Services Full-service healthcare construction delivered through design-build, progressive design-build, and Construction Management at Risk (CMAR) methods for hospitals, medical office buildings, behavioral health facilities, ambulatory surgery centers, and patient care spaces, serving healthcare systems and behavioral health operators across the Southeast U.S.
• Commercial Construction Services Commercial construction services for corporate offices, retail, tenant upfits, community amenities, and aviation/industrial facilities, serving commercial real estate developers, corporate tenants, and professional service firms.
• Public Construction Services Public sector construction including government buildings, K-12 schools, higher education facilities, and municipal projects delivered through design-build, P3, CMAR, and design-bid-build methods for municipal, county, and state government entities.
• Senior Living Construction Services Senior living construction spanning independent living, assisted living, memory care, and continuing care retirement community environments, with thoughtful planning to promote resident safety, comfort, and dignity across phased campus delivery.
• Multifamily Construction Services Multifamily construction including student living, residential apartments, and mixed-use environments with amenity-rich spaces and quality finishes for multifamily developers and mixed-use real estate developers.
• Preconstruction Services Early collaboration preconstruction services using Design/Build and Construction Management at Risk (CM@R) delivery methods, producing detailed estimates, value engineering analysis, and VDC/BIM-driven design coordination to establish cost certainty before construction begins.
• Construction Services Full-service construction execution with Lean Construction principles, daily project monitoring, OSHA SHARP-aligned safety protocols, Procore-enabled tracking, and sustainability practices, transitioning seamlessly from preconstruction to project delivery across healthcare, commercial, public, senior living, and multifamily sectors.
• Target Value Delivery (TVD) Preconstruction Proprietary preconstruction methodology that establishes direct correlation between design and cost, structured around TARGET (streamlining timeline), VALUE (identifying client priorities), and DELIVERY (establishing clear success milestones), deployed on major projects including MedNorth Health Center, CAPTRUST, GE Aviation, and New Hanover County Government Center.
• VDC and BIM Technology Services Virtual Design and Construction (VDC) and Building Information Modeling (BIM) technology services providing 3D visuals, clash detection, conflict-free layouts, early problem-solving, and spatial analysis, with BIM Boxes deployed directly on jobsites for field and trade partner use.

Quantifiable outcome

• First North Carolina general contractor to earn SHARP certification for jobsite safety program
• +4 more outcomes

Named customers16 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

Feature4 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Becker Morgan GroupcoreStrategic or Co-development Partner · 8 January 2026Becker Morgan Group serves as the design partner on the MedNorth Health Center expansion project in Wilmington, NC. The design-build delivery method is enabling real-time collaboration and cost certainty between Thomas Construction Group and Becker Morgan Group, allowing the team to deliver the new medical building and subsequent renovation of the existing MedNorth facility.
• Acadia HealthcarecoreStrategic or Co-development Partner · 3 November 2023Acadia Healthcare is a joint venture partner with ECU Health for behavioral health hospital development. Thomas Construction Group serves as Construction Manager for the ECU Health Behavioral Health Hospital (114,000 SF, 144-bed facility) developed through the Acadia-ECU Health joint venture. Thomas has also built Maple Heights Behavioral Health (Fort Wayne, IN) with Acadia Healthcare and Creekside Behavioral Health Hospital (Kingsport, TN).
• Trask Land CompanycoreStrategic or Co-development PartnerTrask Land Company partnered with Thomas Construction Group and Novant Health on the Novant Health Brunswick Medical Plaza project in Bolivia, NC. Thomas provided preconstruction, design assistance, and construction services in collaboration with Trask Land Company and Novant Health.
• LS3PminorStrategic or Co-development PartnerLS3P (architecture firm) collaborated with Thomas Construction Group and DSA Engineering on the Novant Health Brunswick Medical Plaza project. LS3P also had their own office upfit (8,500 SF) completed by Thomas in downtown Wilmington's 101 N. Third Street building.
• Citadel ContractorsminorStrategic or Co-development PartnerCitadel Contractors collaborated on the Novant Health Brunswick Medical Plaza project as part of the project team alongside Thomas Construction Group, Trask Land Company, LS3P, and DSA Engineering.
• Brasfield & GorriecoreStrategic or Co-development PartnerThomas Construction Group served as associate partner with Brasfield & Gorrie on the Hayes Barton Place Life Plan Community project in Raleigh, NC — a 602,500 SF development with 169 independent living units and 85 healthcare accommodations for Liberty Senior Living.
• Liberty Senior LivingcoreStrategic or Co-development PartnerLiberty Senior Living is the owner/operator client for Hayes Barton Place, a premier Life Plan Community in Raleigh's historic Five Points neighborhood. Thomas Construction Group served as associate partner alongside Brasfield & Gorrie to deliver this 602,500 SF Georgia-style architectural community.
• Beacon Street (The Wade Developer)minorStrategic or Co-development PartnerThomas served as CM@R for The Wade luxury condominium project in Raleigh, NC (85,600 SF, 29 residences), developed by Beacon Street and designed by Cline Design Associates.
• Building Connected / TradeTappcoreTechnology or IntegrationThomas Construction Group uses TradeTapp (powered by Building Connected) as their primary trade partner prequalification platform. The platform aligns with standard AIA 305 prequalification processes in a centralized, digital format. Trade partners must prequalify through TradeTapp to participate in Thomas's bid opportunities.
• Bowman Murray Hemingway ArchitectsminorStrategic or Co-development PartnerBowman Murray Hemingway Architects designed the NIR Family YMCA reconstruction project in Wilmington, NC — a state-of-the-art facility rebuilt after fire damage, featuring aquatics center, gymnasium, and community spaces.
• Stengel Hill ArchitecturecoreStrategic or Co-development PartnerStengel Hill Architecture designed the ECU Health Behavioral Health Hospital project. Thomas served as Construction Manager, coordinating complex utility relocations, foundation systems, and extensive mechanical and electrical infrastructure required for the 114,000 SF behavioral health environment.
• Eden Village of WilmingtonminorStrategic or Co-development PartnerThomas Construction Group collaborated with community partners in 2023 to create Eden Village of Wilmington, a tiny home community to house the chronically homeless — a social impact project demonstrating the company's community commitment beyond commercial construction.
• BMH ArchitectsminorStrategic or Co-development PartnerBMH Architects designed the Atlantic Packaging Corporate Headquarters project — a 16,000 SF two-story steel-framed headquarters in Wilmington, NC with modern elements inspired by Atlantic Packaging's Charlotte Solutions Center.
• GHK Cape Fear DevelopmentminorStrategic or Co-development PartnerGHK Cape Fear Development partnered with LS3P on the 101 N. Third Street Class-A office building in downtown Wilmington, where Thomas Construction Group completed an 8,500 SF office upfit for LS3P's Wilmington office.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• DPR Construction: National ENR top-10 GC with extensive healthcare, higher education, and life sciences portfolios. Competes with Thomas for larger institutional and healthcare projects in the Carolinas but operates as a much broader, multi-regional firm.
• Turner Construction: Largest U.S. general contractor by revenue with healthcare, higher education, and government segments. Competes with Thomas for institutional and healthcare projects but at significantly greater scale and geographic breadth.
• Balfour Beatty US: Major U.S. GC with deep healthcare, higher education, and public-sector practices across the Carolinas and Southeast. Overlaps with Thomas's healthcare and government CM@R pursuits as a much larger, publicly-affiliated competitor.
• Gilbane Building Company: Large national family-owned GC with strong healthcare, higher education, and government practices. Overlaps with Thomas's CM@R and design-build pursuits at the larger end of project size and serves as a benchmark in preconstruction methodology.

Direct peers

• Brasfield & Gorrie: Large Birmingham-based ENR top-50 general contractor with deep Southeast presence and a focus on healthcare, senior living, and institutional construction. Brasfield & Gorrie is an explicit collaborator of Thomas (they partnered on Hayes Barton Place) and competes for the same regional healthcare and senior living contracts.
• Messer Construction: Mid-sized GC with strong healthcare, senior living, and higher education portfolios across the Midwest, Mid-Atlantic, and Southeast. Comparable to Thomas in size, vertical mix, and delivery methodologies.
• Robins & Morton: Birmingham-based ENR top-100 GC recognized for healthcare construction, with offices across the Southeast. Directly competitive with Thomas for healthcare, behavioral health, and senior living projects in overlapping geographies.
• Hoar Construction: Birmingham-based GC with comparable size and a Southeast U.S. footprint spanning healthcare, senior living, multifamily, and commercial. Direct overlap with Thomas's verticals and core geographies.
• M.B. Kahn Construction: Mid-Atlantic/Southeast general contractor with offices in NC, SC, and VA delivering healthcare, senior living, commercial, and institutional projects. Similar size and vertical mix, making it a close comparator to Thomas in the Carolinas.
• Clancy & Theys Construction Company: Raleigh, NC-based general contractor focused on commercial, healthcare, education, and senior living projects across the Carolinas. A direct in-state competitor pursuing the same end markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Thomas Construction Group