Thomas Grace Construction

What Thomas Grace Construction does

Thomas Grace Construction (legal name Thomas-Grace Construction) is a privately held, family-owned general contractor headquartered in Stillwater, Minnesota, founded in 2002 by Don Harvieux. The firm operates as a full-service general contractor specializing in commercial and retail construction environments across the United States and Canada, serving large national retail chains, big-box retailers, department stores, specialty retailers, QSRs, telecom retailers, automotive retailers, and entertainment venues. Its core offering is the execution of open-store remodels, new construction, tenant improvements, design/build services, ADA modifications, and store fixture installations while businesses remain operational — a service profile targeted at retailers that cannot afford downtime during construction.

The company runs two primary service lines: Nationwide General Contracting and Store Fixture Installation. Under the first, it provides end-to-end project delivery including open store remodeling, new construction, commercial renovations/tenant improvements, and design/build services. Under the second, it installs and maintains millwork, shelving, signage, kiosks, end caps, and related fixtures across single stores, vendor shops, and nationwide rollouts ranging from 10 to 10,000+ locations. Technology is operationally oriented rather than product-oriented: Procore powers client-facing project management and SharePoint supports internal collaboration. In-house carpentry and installation crews self-perform the most labor-intensive work, with a nationwide subcontractor network filling specialized trades. The firm reports an industry-leading NCCI workers' compensation experience rating of 0.75.

Revenue is generated through project-based contracts (fixed-price or cost-plus) awarded via direct enterprise sales, formal RFP/bid processes, referrals from existing clients, and pipeline development through industry associations (Retail Contractors Association since 2012, Association for Retail Environment since 2014, Construction Financial Management Association since 2007) and trade shows (SPECS and GlobalShop, both since 2014). Customer concentration is anchored by long-tenured enterprise relationships with marquee names including CarMax, Starbucks, Target, Best Buy, Kohl's Corporation, Verizon Wireless, DSW Inc., Scheels Sporting Goods, Marcus Theatres, and B&B Theatres. Documented program scale includes 5,000+ projects with Best Buy, 1,000+ projects with Kohl's, 350+ Verizon locations, 147-location Verizon rollout packages, and 140+ DSW locations completed in five weeks. The firm employs 51–100 people and revenue is not publicly disclosed.

Name

Thomas Grace Construction

Legal name

Thomas-Grace Construction

Website

https://thomas-grace.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

51–100 employees

Short description

Thomas Grace Construction is a family-owned, full-service general contractor founded in 2002, specializing in nationwide commercial and retail construction — including open-store remodels, new construction, tenant improvements, design/build, and fixture installations — for enterprise clients such as Best Buy, Kohl's, Target, Verizon, CarMax, and Starbucks.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

NAICS

Commercial and Institutional Building Construction (23622)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro industry

PRIMARYIMAFACAA

Office & Corporate Building Construction

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Commercial & Institutional Building Construction

Keywords

• Commercial general contracting
• Retail store remodeling
• Store fixture installation
• Tenant improvement construction
• Nationwide construction rollouts

Headquarters

HQ city

Stillwater

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Others

Revenue model

1. General Contracting Services: Full-service general contracting for commercial and retail environments including open store remodels, new construction, tenant improvements, and design/build services. Revenue is generated through project-based fixed-price or cost-plus contracts. Projects range from small tenant improvements to multi-week nationwide rollout programs.
2. Store Fixture Installation: Installation and maintenance of retail fixtures including millwork, shelving, signage, kiosks, and end caps. Services include new store installations, nationwide retail rollouts (10 to 10,000+ locations), vendor shop installations, and millwork packages. Revenue is project-based, often bundled with general contracting services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Thomas Grace Construction is a full-service general contractor specializing in nationwide commercial and retail construction. The company delivers open store remodels, new construction, commercial renovations and tenant improvements, design/build services, and ADA modifications through its Nationwide General Contracting line, and provides store fixture installation, retail rollouts, vendor shop installations, and millwork packages through its Store Fixture Installation line. Projects range from single-building tenant improvements to multi-week nationwide rollouts covering 10 to 10,000+ locations for major national retailers.

Product overview

Thomas Grace Construction offers two primary service lines: (1) Nationwide General Contracting — a full-service general contracting offering covering open store remodeling, new construction, commercial renovations/tenant improvements, design/build, and ADA modifications; and (2) Store Fixture Installation — installation and maintenance services for fixtures, signage, millwork, shelving, kiosks, and end caps, supporting projects ranging from single locations to nationwide rollouts of hundreds of stores. The company operates as a unified service provider rather than a software platform, delivering turnkey construction solutions primarily for retail and commercial clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Nationwide General Contracting Full-service general contracting for commercial and retail environments nationwide, covering open store remodeling, new construction, commercial renovations/tenant improvements, design/build, and ADA modifications for large national retailers and commercial brands.
• Store Fixture Installation Installation and maintenance of retail fixtures and signage including millwork, shelving, kiosks, end caps, and vendor shops, serving projects from single buildings to nationwide rollouts of hundreds to thousands of locations for major retail chains.

Quantifiable outcome

• Up to 100,000 SF remodels completed in six weeks for Kohl's (reduced from original 8-week schedule)
• +5 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor.

• Association for Retail EnvironmentminorOthers · 1 January 2014Industry association membership since 2014. ARE focuses on retail environment design and construction. Thomas Grace participates as a member and GlobalShop exhibitor since 2014.
• Retail Contractors AssociationminorOthers · 1 January 2012Industry association membership since 2012. The RCA is a trade association for retail construction contractors. Thomas Grace participates as a member and SPECS exhibitor since 2014.
• Construction Financial Management AssociationminorOthers · 1 January 2007Industry association membership since 2007. CFMA provides education, networking, and resources for construction financial professionals. Thomas Grace maintains membership for industry connections and best practices.
• Greater Stillwater Chamber of CommerceminorOthersLocal chamber of commerce membership supporting the company's headquarters community in Stillwater, Minnesota.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Hill & Wilkinson Construction Group: Hill & Wilkinson is a Texas-based general contractor serving commercial, industrial, retail, and healthcare markets across the South-Central US. Comparable to TGC in commercial and retail general contracting but with a primarily regional footprint.
• Donley Construction Group: Donley is a mid-Atlantic general contractor with retail, mixed-use, healthcare, and institutional projects. It is comparable to TGC in commercial/retail construction but is concentrated in the eastern US rather than operating nationwide.

Broad incumbents

• Gilbane Building Company: Gilbane is a large, established private commercial construction firm serving retail, corporate, healthcare, and education markets nationally. It competes for the same enterprise retail clients as TGC but at significantly larger scale and broader portfolio.
• The Beck Group: Beck is an integrated design-build firm serving commercial, healthcare, education, and retail markets, with national reach. Comparable to TGC in retail and commercial construction but operates with in-house design capability and a broader service portfolio.
• BCCI Construction: BCCI is a commercial general contractor serving office, retail, healthcare, and education clients across the Western US. It overlaps with TGC in retail and tenant improvement work but operates with a broader sector mix and larger regional scale.
• Hoar Construction: Hoar is a privately held commercial general contractor with national retail, multifamily, healthcare, and hospitality expertise. Comparable to TGC in retail tenant improvement and multi-site program work, but with broader sector exposure and larger revenue base.
• Wohlsen Construction: Wohlsen is a Mid-Atlantic commercial construction firm with strong retail, senior living, and institutional portfolios. Comparable in retail general contracting services but operates primarily in the eastern US and at larger scale.
• Gray Construction: Gray is a large design-build general contractor serving retail, automotive, hospitality, healthcare, and manufacturing nationwide. It competes with TGC for retail and automotive (CarMax-adjacent) accounts but operates at much larger scale and broader scope.

Direct peers

• R&O Construction: R&O is a specialty commercial contractor focused on retail, hospitality, and restaurant buildouts nationwide. It directly overlaps with TGC's nationwide rollout and tenant improvement service line for major retail and QSR brands.
• Sevan Multi-Site Solutions: Sevan is a multi-site general contractor focused on retail, restaurant, and commercial rollouts nationwide. It is the closest direct peer to Thomas Grace in terms of service mix, customer profile (national retail/QSR chains), and nationwide program execution model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/tgcstillwater

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Thomas Grace Construction