Martin-Harris Construction LLC

Background

Founded in 1976 by Frank Martin and Frank Harris, Martin-Harris Construction LLC (MHC) is a Las Vegas-based general contractor renowned for its commitment to quality and client relationships. The company operates across the southwestern United States, including Arizona, California, Colorado, New Mexico, Nevada, Texas, and Utah. MHC offers a comprehensive suite of services such as preconstruction, general construction, construction management at risk (CMAR), design-build, and tenant improvements. The firm's mission emphasizes building strong relationships and delivering award-winning projects, as evidenced by over 80% of its customer base comprising repeat clients.

Key Strategic Focus

MHC's strategic focus lies in its diverse project portfolio, encompassing sectors like office, education, industrial, retail, hospitality, and healthcare. The company is adept at handling projects ranging from $10,000 emergency repairs to $100 million new builds. Notable projects include the Las Vegas Convention Center Phase II Expansion, a $980 million endeavor, and the construction of the Las Vegas Municipal Courthouse through a $56.3 million public-private partnership.

Financials and Funding

As of November 2024, MHC's annual revenue is estimated to be between $50 million and $100 million. Another source estimates the annual revenue at approximately $151.9 million. The company employs approximately 297 individuals. Specific details regarding funding history and investors are not publicly disclosed.

Pipeline Development

MHC maintains a robust pipeline of projects across various sectors. Recent and ongoing projects include:

• Adobe at Red Rock: A $42 million, four-story, 308-unit apartment building in Las Vegas.

• The Degree: A $26 million, five-story, wood-framed student housing complex with 226 units at the University of Nevada, Las Vegas.

• Las Vegas Convention Center Phase II Expansion: A $980 million project in joint venture with Turner Construction, adding 1.44 million square feet to the facility.

• Las Vegas Municipal Courthouse: A $56.3 million, 140,000-square-foot facility developed through a public-private partnership.

Technological Platform and Innovation

MHC distinguishes itself through its self-performance capabilities in carpentry and concrete, allowing for greater control over quality and scheduling. The company employs advanced construction methodologies, including Building Information Modeling (BIM) and Lean construction principles, to enhance project efficiency and collaboration. These technological integrations enable MHC to deliver complex projects with precision and adaptability.

Leadership Team

• Guy Martin: President. Son of founder Frank Martin, Guy has been leading the company since 2016, emphasizing a values-driven approach and client-centric operations.

• Paul Toplak: Chief Operating Officer. Oversees the company's operational strategies and implementation of Lean construction principles.

• Ray Newmiller: Vice President of Pre-Construction. Leads the preconstruction services, ensuring projects are effectively planned and executed.

• Larry Johnson: Vice President of Estimating. Manages the estimation processes, providing accurate and competitive project bids.

Leadership Changes

In 2016, Guy Martin succeeded his father, Frank Martin, as President of MHC, marking a significant leadership transition that continues to uphold the company's foundational values and commitment to excellence.

Competitor Profile

Market Insights and Dynamics

The construction industry in the southwestern United States is characterized by steady growth, driven by urban development and infrastructure projects. The market is competitive, with numerous firms vying for large-scale projects across various sectors.

Competitor Analysis

Key competitors in the region include:

• Turner Construction Company: A major player with a diverse project portfolio and significant market share.

• Sletten Construction Company: Specializes in industrial and commercial projects, known for quality and reliability.

• The Weitz Company: Offers comprehensive construction services with a focus on innovation and client satisfaction.

• DPR Construction: Recognized for its expertise in complex and sustainable projects.

• Gilbane Building Company: Provides integrated construction and facility management services.

• PCL Construction: A diversified firm with a strong presence in various construction sectors.

• Skanska USA: Known for large-scale infrastructure and commercial projects.

• Clayco: Focuses on design-build and real estate development services.

Strategic Collaborations and Partnerships

MHC has engaged in significant collaborations to enhance its market position and capabilities:

• Turner Construction: Partnered on the Las Vegas Convention Center Phase II Expansion, a $980 million project.

• The Molasky Group of Companies: Collaborated on the Las Vegas Municipal Courthouse project, a $56.3 million public-private partnership.

Operational Insights

MHC's strategic approach includes:

• Diverse Project Portfolio: Engaging in various sectors to balance risk and maximize opportunities.