R.D. Olson Construction, Inc. Company Profile
Background
Founded in 1979 by Bob Olson, R.D. Olson Construction, Inc. is a national general contracting and construction management firm headquartered in Irvine, California. The company has built a reputation for reliability and customer loyalty, specializing in hospitality construction while also excelling in multi-unit, mixed-use, healthcare/senior living properties, restaurants, and higher education facilities. With over 40 years of experience, R.D. Olson has completed more than 1,000 projects and maintains a strong presence in the construction industry.
Key Strategic Focus
R.D. Olson's strategic focus centers on delivering high-quality construction projects that exceed client expectations. The company emphasizes:
- Core Objectives: Building lasting partnerships, fostering trust and teamwork, and consistently delivering superior outcomes.
- Areas of Specialization: Hospitality, multi-unit housing, senior living, higher education, and mixed-use developments.
- Key Technologies Utilized: Integration of information technology with construction services to expedite communication and reduce costs.
- Primary Markets Targeted: National projects with a strong presence in California, focusing on sectors such as hospitality, multi-unit housing, and senior living.
Financials and Funding
As of 2025, R.D. Olson Construction's estimated annual revenue is $51.7 million, with approximately 107 employees. The company has not publicly disclosed specific funding details or valuation.
Pipeline Development
R.D. Olson has a robust pipeline of projects across various sectors. Notable recent developments include:
- Esperanza at Duarte Station: Completed in 2023, this is the company's largest multifamily project to date.
- Clearwater at Glendora: A 117-unit assisted living and memory care facility in Los Angeles County, expected to be completed in Fall 2022.
- Napa Creek Village: A 48-unit multifamily housing community in Napa, California, with completion anticipated in November 2021.
- Sheraton Park Hotel Renovation: Modernization of guestrooms and common areas in Anaheim, California, slated for completion in mid-2022.
Technological Platform and Innovation
R.D. Olson distinguishes itself through the integration of advanced technologies and innovative methodologies:
- Proprietary Technologies: Utilization of state-of-the-art corporate headquarters that integrate information technology with construction services to expedite communication and reduce costs.
- Significant Scientific Methods: Adoption of sustainable construction materials and practices to achieve certifications like LEED Gold in projects such as West Terrace in South Los Angeles.
Leadership Team
- Bill Wilhelm: President of R.D. Olson Construction, leading the company with a focus on quality and client satisfaction.
- Bob Olson: Founder of R.D. Olson Construction, established the company in 1979.
Leadership Changes
In 2014, Bill Wilhelm was named President of R.D. Olson Construction, marking a significant leadership transition.
Competitor Profile
Market Insights and Dynamics
The construction industry, particularly in California, is highly competitive with a focus on sectors such as hospitality, multi-unit housing, and senior living. R.D. Olson's emphasis on quality and client relationships positions it favorably within this dynamic market.
Competitor Analysis
Key competitors include:
- Z Modular: Specializes in modular construction solutions.
- Capstone Building Corp.: Focuses on multi-family housing projects.
- UEB Builders: Engages in various commercial construction projects.
Strategic Collaborations and Partnerships
R.D. Olson has established significant partnerships to enhance its market position:
- Marriott International: Collaborated on multiple hotel projects, including the Irvine Spectrum Marriott.
- Community Corporation of Santa Monica: Partnered on affordable housing projects like Las Flores Santa Monica.
- Clearwater Living: Teamed up for senior living projects such as Clearwater at Glendora.
Operational Insights
R.D. Olson's strategic considerations include:
- Major Competitors: Competing with firms like Z Modular, Capstone Building Corp., and UEB Builders in the construction industry.
- Market Position: Leveraging over 40 years of experience and a strong reputation to maintain a competitive edge.
- Distinct Competitive Advantages: Emphasis on quality, client relationships, and integration of advanced technologies in construction processes.
Strategic Opportunities and Future Directions
R.D. Olson's strategic roadmap includes:
- Expansion into Affordable Housing: Initiated in 2020 to address the growing demand for low-cost housing.
- Diversification into Senior Living Projects: Undertaking projects like Clearwater at Glendora to cater to the aging population.
- Sustainable Construction Practices: Implementing eco-friendly designs and materials to achieve certifications like LEED Gold.
Contact Information
- Website: R.D. Olson Construction
- LinkedIn: R.D. Olson Construction, Inc.
- Headquarters: Irvine, California
