What Stewart/Perry does

Stewart/Perry is a privately held commercial construction general contractor founded in 1984 and headquartered at 4855 Overton Road in Birmingham, Alabama. The firm delivers four core service lines — Commercial Construction, Civil Management, Adaptive Reuse & Historic Renovation, and Mixed-Use Construction — across project types including retail, corporate offices, multifamily, distribution, entertainment, urban retail, and interior build-outs. It serves enterprise customers across 30+ states with concentration in the Southeast and mid-Atlantic, completing more than 1,400 projects and maintaining 700+ customer relationships, anchored by a 30+ year partnership with Target spanning approximately 300 projects.

The company's operational backbone combines human project management with technology enablement. Project managers coordinate with on-site superintendents and crews across distributed geographies, while the firm has adopted Building Information Modeling (BIM) for visualization and lifecycle coordination, digital twin technology for pre-construction evaluation on complex adaptive reuse projects, and a cloud-based data system built in partnership with WP2DC for tracking leads, customer relationships, and subcontractor data. Differentiated capabilities include live store remodels for national retailers, historic tax credit project navigation, and remediation of brownfields, coastal sites, and urban landfills.

Stewart/Perry's revenue model is project-based contracting — construction services are priced through per-project bidding and estimation, with multi-year contract cadence depending on scope. The go-to-market motion is enterprise field sales driven by relationship continuity (decades-long customer retention), industry participation (e.g., ICSC RECon), and content marketing via the 'Beyond the Build' platform. The company is founder-led, with Merrill Stewart serving as Founder and Chairman, and has no disclosed institutional investors, parent company, or M&A activity.

Name

Stewart/Perry

Legal name

The Stewart/Perry Company

Website

https://stewartperry.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

101–250 employees

Short description

Stewart/Perry is a Birmingham, Alabama-based commercial construction general contractor founded in 1984 that delivers commercial, civil, adaptive reuse/historic renovation, and mixed-use construction services across 30+ states for enterprise clients including Target, Hilton, and educational institutions.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

NAICS

Nonresidential Building Construction (2362)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Brownfield Site Assessment & Remediation (BPALAKAA)

Keywords

• Commercial construction
• Historic renovation
• Civil management
• Adaptive reuse
• Mixed-use construction

Headquarters

HQ city

Birmingham

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, Technology or R&D, Infrastructure

Revenue model

1. Construction Services: Project-based construction contracts including commercial construction, civil management, historic renovation, and mixed-use projects. Revenue is earned through successful project completion across various market sectors including retail, corporate offices, multifamily, entertainment, and distribution.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Stewart/Perry is a regional general contractor delivering commercial construction, civil management, adaptive reuse and historic renovation, and mixed-use construction services for retail, corporate, multifamily, distribution, and entertainment clients. The company manages projects from pre-construction planning through delivery, including live remodels of operating stores and complex site remediation such as brownfields, coastal sites, and urban landfills.

Product overview

Stewart/Perry is a commercial construction company offering a portfolio of integrated construction services organized around four core offerings: Commercial Construction (corporate offices, retail, multifamily, distribution, entertainment, and interior build-out), Civil Management (linking site conditions to design intent), Adaptive Reuse & Historic Renovation (including projects eligible for historic tax credits), and Mixed-Use Construction (blending multiple uses into single spaces). These core services are delivered across specialized project types including Live Innovation (live remodels), Urban Retail, storm water management systems, and coastal/brownfield/landfill site remediation. The company operates regionally and nationally, having built in 30 states with over 1,400 completed projects and 700+ customer relationships since its founding in 1984.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Construction

Quantifiable outcome

• More than 25 million square feet of junior anchor and anchor retail stores constructed from Texas to the East Coast
• +2 more outcomes

Named customers5 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

Feature3 records

Partnerships

Five partnerships are on record, tiered core, supporting and minor.

• Capstone Real Estate InvestmentscoreStrategic or Co-development PartnerMultiple collaborative adaptive reuse projects including the transformation of 2200 Magnolia (former auto repair facility) into office space and the Nextec Building project in Birmingham's Switch technology district. WBA Architects also involved in these partnerships.
• Fresh HospitalitycoreStrategic or Co-development PartnerBuilt Fresh Hospitality's office space and Waldo's Chicken and Beer restaurant in Birmingham's Cahaba Heights Entertainment District. Fresh Hospitality invests in and operates businesses across the restaurant value chain.
• WP2DCsupportingTechnology or IntegrationLos Angeles-based technology consulting firm that developed a cloud-based data system for Stewart/Perry's business leads and internal information management. Ongoing relationship for technology consultation.
• United WayminorStrategic or Co-development PartnerBuilt the United Way Building corporate headquarters in Vestavia Hills, AL. A project that reflects organizational values in building design.
• Academy of Craft TrainingminorStrategic or Co-development PartnerPublic-private partnership between Alabama's construction industry and K-12 education, preparing students for careers in commercial construction. Stewart/Perry team members tour the facility.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/mstewartjr
• Facebookfacebook.com/stewartperryconstruction
• Instagraminstagram.com/spconstruction
• LinkedInlinkedin.com/company/stewart-perry-co.-inc.

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&A

Investments

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

Frequently asked questions about Stewart/Perry