Giants 300 Multifamily Report

Multifamily housing starts dropped to 100,000 in April—the lowest level in several decades—due to still-worsening conditions in the apartment market. Nonetheless, the April total is below trend, so starts will move progressively back to a still-depressed 150,000-unit pace by late next year.

	Company	Billings ($)
Source: 2009 Giants 300 survey. For expanded multifamily design rankings, visit: www.BDCnetwork.com/Giants
1	Parsons Brinckerhoff	83,660,000
2	Arup	66,000,000
3	Dewberry	38,550,000
4	STV Group	28,484,700
5	RMJM	27,297,809
6	HKS	24,047,300
7	Callison	18,500,000
8	Arquitectonica	16,224,000
9	Kohn Pedersen Fox Associates	16,060,000
10	Wiss, Janney, Elstner Associates	15,600,000
11	HOK	15,040,000
12	Burt Hill	14,232,000
13	Niles Bolton Associates	14,168,000
14	Simpson Gumpertz & Heger	13,176,000
15	Thornton Tomasetti	12,066,878
16	Mithun	11,520,000
17	Skidmore, Owings & Merrill	11,460,000
18	Ingenium Group	11,060,000
19	URS Corp.	10,500,000
20	Smallwood, Reynolds, Stewart, Stewart & Associates	9,768,100

	Company	Value put in place ($)
Source: 2009 Giants 300 survey. For expanded multifamily contractor rankings, visit: www.BDCnetwork.com/Giants
1	Bovis Lend Lease	1,969,356,252
2	Webcor Builders	1,148,520,976
3	Clark Group	840,200,000
4	Hunt Building Co.	825,959,007
5	JE Dunn Construction Group	551,980,000
6	PCL Construction Enterprises	535,733,026
7	Yates Cos., The	465,564,000
8	Balfour Beatty Construction	463,573,267
9	McShane Construction	441,007,645
10	James McHugh Construction	440,534,116
11	Walsh Group, The	435,593,595
12	Turner	418,400,000
13	Hensel Phelps Construction	367,070,000
14	Suffolk Construction	313,955,847
15	Manhattan Construction	251,914,500
16	Choate Construction Co.	195,883,973
17	Swinerton Inc.	187,100,000
18	Harkins Builders	186,750,000
19	Structure Tone	181,656,600
20	Weitz Co., The	165,110,000

	Company	Billings ($)
Source: 2009 Giants 300 survey. For expanded retail design rankings, visit: www.BDCnetwork.com/Giants
1	Callison	112,850,000
2	Gensler	74,430,000
3	MulvannyG2 Architecture	48,000,000
4	WD Partners	39,926,000
5	Perkowitz+Ruth Architects	35,200,000
6	Arup	33,000,000
7	Henderson Engineers	32,092,825
8	RTKL Associates	29,579,847
9	GreenbergFarrow	27,225,000
10	FRCH Design Worldwide	23,400,000
11	Stantec	22,360,000
12	Nelson	20,227,472
13	Dewberry	17,990,000
14	Nadel Architects	16,900,000
15	MBH Architects	16,565,616
16	Kohn Pedersen Fox Associates	16,060,000
17	HOK	15,040,000
18	CASCO Diversified Corp.	13,160,000
19	Cubellis	13,020,000
20	Arquitectonica	11,232,000

	Company	Value put in place ($)
Source: 2009 Giants 300 survey. For expanded retail contractor rankings, visit: www.BDCnetwork.com/Giants
1	Whiting-Turner Contracting Co.	1,189,625,139
2	EMJ Corp.	666,996,393
3	Shawmut Design and Construction	427,280,000
4	Hoar Construction	287,644,230
5	Suffolk Construction	219,769,093
6	O'Neil Industries	166,992,000
7	Aurora Contractors	163,800,000
8	Bovis Lend Lease	159,677,534
9	Brasfield & Gorrie	151,155,752
10	KBE Building Corp. (formerly Konover Construction)	129,600,00
11	Pepper Construction Group	129,000,000
12	Skanska USA Building	128,121,366
13	Walton Construction	127,080,000
14	Weis Builders	111,329,935
15	E.W. Howell Co.	107,614,800
16	Turner	104,600,000
17	Kraus-Anderson Construction	103,040,000
18	Kitchell Contractors	100,998,000
19	S. M. Wilson & Co.	99,716,518
20	Beck Group	94,799,000

Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi Matrix Bulletin. Around 252,000 apartment units were absorbed last year. That’s about 1.7% of total market stock and down 12% from the 286,300 apartments purchased in 2019.