Racanelli Construction

What Racanelli Construction does

Racanelli Construction Company, Inc. is a third-generation, family-owned general contractor, construction manager, and design/build firm headquartered in Melville, New York. Founded in the early 1950s as N. Racanelli Associates and formally incorporated under its current name in 1992, the company delivers new construction and renovation across eight market segments: Corporate/Industrial, Healthcare/Assisted Living, Education/Institutional, Hospitality/Restaurants, Retail, Residential, Self-Storage, and Pre-Engineered Buildings. Named customer engagements span the $19.8M North District Lofts to the $132M Alpine Residential development, with cumulative track record of 750+ buildings and over 20 million square feet constructed.

The company's core service offering spans pre-construction planning, general contracting, construction management with guaranteed maximum pricing, integrated design/build, development advisory, architectural and design services, and LEED-certified construction. Technical capabilities include in-house architectural design for self-storage projects, authorized-representative status with Butler Manufacturing for pre-engineered metal buildings (top-10 nationally by volume), and digital take-off and project-management software. A regional subsidiary, Racanelli Construction South, Inc., based in Apex, North Carolina, extends the same service portfolio into the Southeast under separate leadership.

Racanelli operates as a relationship-driven, project-based business targeting property owners, developers, institutional clients, and businesses primarily across the New York Tri-State area. Revenue is generated through professional services fees, construction management retainers, general contracting margins, hardware sales of pre-engineered metal buildings, and development advisory fees, with all engagements bid on a project-by-project basis. The firm holds broad bonding capacity and AAA Insurance coverage, supported by 60+ years of reputation, ABC STEP Diamond-Level safety credentials, and three generations of Racanelli family leadership.

Name

Racanelli Construction

Legal name

Racanelli Construction Company, Inc.

Website

https://racanelliconstruction.com

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

101–250 employees

Short description

Racanelli Construction is a third-generation, family-owned general contractor and construction manager headquartered in Melville, NY, delivering general contracting, construction management, and design/build services across corporate, healthcare, residential, self-storage, and pre-engineered building segments in the New York Tri-State area and North Carolina.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), New Single-Family Housing Construction (except For-Sale Builders) (236115), Industrial Building Construction (23621)

SIC

Operative Builders (1531), General Bldg Contractors - Residential Bldgs (1520), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Office & Corporate Building Construction (IMAFACAA), Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

Keywords

• Commercial construction services
• General contracting services
• Construction management services
• Design build construction
• Pre-engineered metal buildings

Headquarters

HQ city

Melville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction Management Services: Racanelli serves as Construction Manager, guiding clients through all project phases: fact gathering, project feasibility studies, expediting municipal approval, budget preparation, project scheduling, procurement of supplies, and subcontractor assignments. Establishes a guaranteed maximum price during the pre-construction phase and performs against its guarantee.
2. General Contracting: Traditional general contractor role delivering construction projects per specifications, on-time and on-budget, across all market segments.
3. Design/Build Services: Complete design/build resource providing end-to-end building and construction services from design through construction delivery.
4. Development: Project development services including financial feasibility studies, cost estimations, energy rebate support, project financing/bonding, and liaison with municipalities, zoning boards and civic groups.
5. Pre-Engineered Metal Buildings: Sale and installation of pre-engineered metal buildings as an authorized representative for Butler Manufacturing and other nationally recognized manufacturers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

Racanelli Construction is a third-generation family-owned construction firm providing general contracting, construction management, and design/build services across commercial, industrial, healthcare, education, hospitality, retail, residential, and self-storage market segments. The company delivers end-to-end project execution from pre-construction planning and feasibility through design, build, and post-completion, supplemented by development, in-house architectural design, project consulting, and LEED-certified green building services. Racanelli Construction South operates as a regional affiliate serving North Carolina.

Product overview

Racanelli Construction Company Inc. is a third-generation family-owned construction firm offering a comprehensive suite of construction services organized around three delivery methods: General Contracting, Construction Management, and Design/Build. These core services are supplemented by Pre-Construction Services, Development, Architectural & Design, Project Consulting, and LEED Services. The company serves a diverse portfolio of market segments including Corporate/Industrial, Healthcare/Assisted Living, Education/Institutional, Hospitality/Restaurants, Retail, Residential, Self Storage, and Pre-Engineered Buildings. Racanelli Construction South operates as a regional subsidiary serving North Carolina. The company's integrated approach allows it to serve clients as a construction manager, general contractor, or complete design/build resource, combining in-house architectural capabilities with a network of specialized subcontractors.

Differentiator

Problem solved

Functional benefit

Products and services

• General Contracting
• Construction Management
• Design/Build
• Pre-Construction Services
• Development Services
• Architectural & Design
• Project Consulting
• LEED Services
• Pre-Engineered Metal Buildings
• Racanelli Construction South

Quantifiable outcome

• $61 million Woodcrest apartment project completed with 230 luxury units
• +4 more outcomes

Named customers14 records

Segments8 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

Three partnerships are on record, tiered core and major.

• Venture One Real EstatecoreStrategic or Co-development Partner · 8 April 2022Racanelli Construction serves as General Contractor on projects awarded by Venture One Real Estate (Rosemont, IL), a real estate private equity fund manager, developer, and operating company specializing in the industrial property sector. Partnership has produced multiple Class A warehouse facilities in the Northeast, including Venture Park Hauppauge (123,970 SF) and Venture Park Islip (121,270 SF), both developed in partnership with Affinius Capital.
• Butler ManufacturingcoreChannel Partner/ Reseller/ DistributorRacanelli Construction is an authorized representative for Butler Manufacturing, one of the nation's leading pre-engineered building manufacturers. This partnership enables Racanelli to access a full line of pre-engineered building systems that are highly functional, aesthetically appealing, and energy efficient. Racanelli has over 20 years of experience in pre-engineered building design and construction, earning top 10 national volume rankings through this channel relationship. The company also received the 2020 Butler Manufacturing Million Dollar Builder Award.
• Affinius CapitalmajorStrategic or Co-development PartnerAffinius Capital, an integrated institutional real estate investment firm, partners with Venture One Real Estate on industrial developments where Racanelli Construction serves as the general contractor. Projects include the 121,270 SF Class A warehouse facility in Bohemia, NY and the 123,970 SF Venture Park Hauppauge project in Hauppauge, NY.

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Turner Construction: Largest U.S. general contractor (>$17B revenue) with deep NYC operations across healthcare, education, corporate and residential segments — a top-of-market competitor for the same institutional buyers.
• Skanska USA: Global construction firm with substantial U.S. commercial building operations in NY-metro, providing design-build and CM services across healthcare, education and corporate — competing for enterprise-scale programs.
• Suffolk Construction: One of the largest privately held U.S. GCs (~$6B revenue) with major regional operations in NY-metro serving commercial, healthcare, hospitality and residential — a scaled incumbent competing for the same developers and institutional clients as Racanelli.

Direct peers

• Cauldwell Wingate Company: Mid-size NYC-based full-service GC delivering interior renovation, ground-up construction, pre-construction and design-build services across the Tri-State area — directly competing for similar commercial, residential and institutional clients.
• Shawmut Design and Construction: Mid-size Northeast/U.S. GC offering design-build, construction management, and general contracting with particular strength in commercial, healthcare, hospitality and education — overlapping Racanelli's segment mix and Tri-State geography.
• Gilbane Building Company: Family-influenced, mid-sized ($7B+ revenue) U.S. GC doing construction management, design-build and general contracting across commercial, healthcare, education, and multi-family residential — a near-perfect structural analog to Racanelli's diversified mid-Atlantic delivery model.
• Hunter Roberts Construction Group: NYC-based mid-size GC offering construction management and general contracting for commercial, residential, healthcare and higher-education projects in the New York metro market — a primary regional competitor.
• Consigli Construction: Family-founded regional GC (~1,000+ employees) operating across New England and NY-metro providing CM-at-risk, design-build and general contracting for academic, healthcare, corporate and multi-family clients — directly comparable to Racanelli's family-owned, multi-segment model.

Regional players

• Lettire Construction Corp: Mid-size NYC-based GC providing general contracting and construction management for commercial, institutional and residential projects — a direct regional competitor for the same Tri-State owner-developer relationships.

Others

• Butler Manufacturing (Building Solutions): Racanelli's strategic pre-engineered building partner; not a direct competitor but a key channel partner whose nationwide builder network includes many of Racanelli's peer GCs operating in the same pre-engineered metal building segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/ButlerRacanelli
• YouTubeyoutube.com/channel/UCEG0l5aIygzxsjeAG44lzRg
• Facebookfacebook.com/racanelliconstruction
• LinkedInlinkedin.com/company/racanelli-construction
• Instagraminstagram.com/racanelliconstruction

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 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 Racanelli Construction