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Gilbane Building Company

Global integrated construction and facility management

Overview

Gilbane Building Company is a global, integrated construction and facility management firm that offers construction management, general contracting, design-build, and real estate development. Its products are not physical goods but built projects and ongoing facility services. Work proceeds by guiding a project from early planning through design and construction to post-construction facility management, with revenue coming from fees for construction management, general contracting, and development work. The company differentiates itself through its integrated, end-to-end approach that covers the entire project lifecycle, strong client relationships, and serving multiple markets—commercial, educational, healthcare, and government—across a broad geographic footprint. Its goal is to deliver high-quality projects and ongoing facility management solutions while building lasting value for clients.”} ausgelok/ideas to=functions.final_result /* this line ensures tool call is made */ {

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About Gilbane Building Company

Simplify's Rating
Why Gilbane Building Company is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

ConsultingIndustrial & ManufacturingGovernment & Public SectorReal Estate

Company Size

201-500

Company Stage

Debt Financing

Total Funding

$16M

Headquarters

Providence, RI

Founded

1870

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What believers are saying

  • October 2026 Brooklyn acquisition targets 470 affordable units, expanding New York development pipeline.
  • October 2026 Coast Guard awarded Gilbane Federal $114 million for Base Kodiak through 2031.
  • 2026 hires in Arizona and Mid-Atlantic deepen healthcare and regional business development.

What critics are saying

  • November 2026 GSA settlement cost Gilbane $1.3 million for delayed subcontractor payments.
  • Gateway Medical and Broward County lawsuits tie capital and management attention through 2027.
  • Repeat False Claims Act findings would cut off federal work and cripple bookings.

What makes Gilbane Building Company unique

  • Family-owned since 1870, Gilbane's 4,000+ employees across 45 offices give staying power.
  • Gilbane integrates construction, development, and facilities management across healthcare, education, and government.
  • October 2026 Base Kodiak modernization shows credible federal infrastructure execution.

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Funding

Total Funding

$16M

Above

Industry Average

Funded Over

1 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Professional Development Budget

Growth & Insights and Company News

6 month growth

-11%

1 year growth

-11%

2 year growth

-11%
NEOtrans
Nov 9th, 2026
Demo signals next phase of Sherwin-Williams' HQ.

Demo signals next phase of Sherwin-Williams' HQ. A decade ago, Weston/Citymark sought to develop the Superblock in Downtown Cleveland's Warehouse District with low-rise, mixed-use buildings as seen on the right, along the east side of West 6th Street. Now there appears to be a renewed effort by others to achieve this, built around the perimeter of the parking garage for Sherwin-Williams' new headquarters (Gensler). CLICK IMAGES TO ENLARGE THEM. Warehouse District mixed-use, HQ2 planned. When NEOtrans broke the news on Friday that an historic building in Downtown Cleveland's Warehouse District was slated for demolition, it was unknowingly reporting on the first steps in the next phases of Sherwin-Williams' global headquarters development. NEOtrans has since learned that the proposed demolition of the 143-year-old Gilman Building, 1350 W. 3rd St., is being sought to make way for a significant mixed-use development on Sherwin-Williams' property dubbled the North Block, featuring a hotel, residential, and offices over retail and parking. The basic concept for the low-rise, mixed-use development along West St. Clair Avenue and along West 6th Street would realize Sherwin-Williams' longstanding vision for these next phases. The next phases also include plans for a second headquarters tower. According to two sources familiar with the development, and who spoke with NEOtrans on the condition of anonymity, two separate mixed-use structures would be developed by Welty Development, a real estate firm based in suburban Akron. A simplified graphic showing how Sherwin-Williams' properties in Downtown Cleveland's Warehouse District could be developed (NEOtrans/Google). Welty and Gilbane Construction Co. formed a joint venture to serve as construction manager of the Sherwin-Williams headquarters. They used the Gilman Building as their construction field office for the HQ project. Welty acquired the building in 2021 for $3,375,000. The rest of the land on which the mixed-use development would be built is owned by Sherwin-Williams. The company has been courting interest in the North Block for several years. Representatives of Welty and Sherwin-Williams did not respond to NEOtrans' inquiries for more information or requests for comment. Randall Parsons, president of Akron-based AVID Architects Inc., submitted Gilman's demolition application to the city. He also did not respond to a NEOtrans inquiry. The Gilman Building is at the corner of West 3rd and St. Clair. Replacing the Gilman and continuing along much of the south side of St. Clair, from West 3rd west to near West 6th, would be an office building over ground-floor retail and underground parking, according to the sources. The to-be-developed corner of West St. Clair Avenue and West 6th Street in Downtown Cleveland's Warehouse District. As seen last month, Sherwin-Williams' glassy headquarters towers above the North Block development site (Google). Then, along the east side of West 6th, from St. Clair south to the former Frankfort Avenue, a mixed hotel and residential building over underground parking is planned. This structure apparently would not have ground-floor retail. The location of a curb cut and access ramp to the underground parking isn't known. But if it descends from St. Clair between the two new buildings, then the two buildings would have almost identical footprints of about 38,000 square feet each. Heights of the North Block's new buildings were not specified but the sources said they would be comparable to the historic structures across St. Clair and West 6th - in other words, three to five stories tall. That not only fits with the most recent development masterplan of the Historic Warehouse District Development Corp., it also fits with what Sherwin-Williams proposed here five years ago. Development masterplan for Sherwin-Williams' global headquarters campus in Downtown Cleveland (Sherwin-Williams Co.). In 2021, when the global coatings giant presented its plans to the City of Cleveland for its new global headquarters campus west of Public Square, it showed that it could wrap its new HQ parking garage with three-story-tall mixed-use buildings. With a footprint of 38,000 square feet, a four-story residential/hotel building could fit a 100-room boutique hotel and up to 100 residential units. Condominiums are being considered, the sources said. Some hotel chains also offer branded residences. The office building along St. Clair could have anywhere from 76,000 to 152,000 square feet of new, modern office space available for lease, based on the footprint. It remains to be seen if any of it is used as overflow space for Sherwin-Williams such as for its mail screening and sorting. For security reasons, Sherwin-Williams does not want its mail room to be in the same structure as its headquarters. Mail is currently handled at a flex-office space on Hinckley Industrial Parkway on the city's south side which the company opened upon acquiring rival Valspar in 2016. An unofficial rendering of what a second Sherwin-Williams headquarters tower could look like. Although the orientation may be different, the size of the structure is reportedly in line with what Sherwin-Williams and its pre-development team are considering (Methodicle). The sources also noted that this mixed-use development is being sought in addition to a second headquarters tower for Sherwin-Williams, not in place of it, the sources said. NEOtrans reported in August that the company was in the early stages of planning a second headquarters tower, dubbed HQ2. The tower could reportedly have 12-24 stories of offices atop an oversized parking garage. The decision to pursue the tower was based on existing employment, hiring, workspace allocation, parking and future expectations. And it's based on a different workplace than what was anticipated five years ago. Starting this year, Sherwin-Williams is enforcing a return to the office five days a week for its 3,000 HQ employees. HQ1 and its 920-space parking deck were designed for a hybrid work environment in the wake of the pandemic. The Gilman Building and its large, revenue-producing billboard are apparently a money-maker for its owner Welty Enterprises. Demolishing it would yield only 10-12 parking spaces. New construction is reportedly is what is driving its demolition (Google). Parking is a key concern and will become more of one with this development. The mixed-use site currently hosts 180 parking spaces which are used for the public but, during the day, that lot is often filled with Sherwin-Williams' employees' cars. The HQ2 site has a 135-space parking lot. In July, Stark Enterprises sold a 350-space parking lot one block west on St. Clair at West 9th Street. The buyer was the Ohio Bureau of Workers Compensation. Those parking spaces may be dedicated wholly to state use, causing an even greater strain on the supply of public parking. Developer K&D Group plans to construct a 500-space parking garage next to the Rockefeller Building which it bought earlier this year. The Rockefeller, located across West 6th from the HQ2 site, could be redeveloped into 275 apartments. An update on that project is not readily available. Until Welty acquired it, Sherwin-Williams reportedly tried to buy the Gilman Building so it could demolish it. Sources said the company wants to see a consistent style of buildings developed along St. Clair, north of its headquarters. In 2021, this was Sherwin-Williams' desired scale of mixed-use development along West St. Clair Avenue and West 6th Street, as evidenced by the dashed outline of the future structures (Sherwin-Williams Co.). The five-story Gilman's size or style, a Victorian-designed leftover from the Gilded Age that was modernized and recalled in the late 1960s, is apparently not what Sherwin-Williams wants for this mixed-use development. But since the Gilman is an historic building and located in an historic landmark district, it will be up to the Landmarks Commission to review the already submitted demolition application. Approval by the commission is not certain. The Gilman is structurally in good condition, city and county records show. It has not been marketed for new tenants in five years and isn't being marketed now. And there has been no third-party consultant review of the condition of the building's original architectural features. Redevelopment for new construction is evident as the motivation for demolition by other factors, too. A large billboard on the west side of the Gilman Building is reportedly a solid revenue producer. And razing the building might yield only 10-12 parking spaces.

U.S. Coast Guard
Nov 3rd, 2026
U.S. Coast Guard awards $114 million contract to modernize critical water infrastructure at Base Kodiak, bolstering Arctic readiness.

U.S. Coast Guard awards $114 million contract to modernize critical water infrastructure at Base Kodiak, bolstering Arctic readiness. WASHINGTON - The U.S. Coast Guard awarded a $114 million contract on Oct. 29, 2026 to Gilbane Federal of Providence, Rhode Island, to modernize the water distribution system at Base Kodiak, Alaska. Funded through the One Big Beautiful Bill Act, this project directly strengthens operational readiness and quality of life at the Coast Guard's largest operational installation. As a vital hub for projecting U.S. presence and defending national sovereignty across Alaska and the Arctic approaches, Base Kodiak supports surface and aviation operations in a demanding maritime environment. The contract encompasses all design, labor, material, equipment, and site work necessary to deliver a resilient, modern water utility network, with completion scheduled for Oct. 2031. Project Key Highlights: * System Recapitalization: Replaces and upgrades more than 8 miles of main water distribution lines across Base Kodiak. * Storage Capacity: Replaces four large-scale water storage tanks critical to base operations. * Aviation and Facility Fire Suppression: Delivers dedicated water supply and pressure reliability for fire suppression systems protecting two operational aircraft hangars and key shore facilities. * Workforce Quality of Life: Ensures safe, dependable potable water for the active-duty, reserve, civilian, and family members living and working on base. * Execution and Oversight: Civil Engineering Unit (CEU) Juneau is executing this project, operating under the Shore Infrastructure Logistics Center within the Coast Guard's Program Executive Office (PEO) Shore. "Every day, the Coast Guard delivers value to our Nation by controlling, securing, and defending our northern border and maritime approaches in the Arctic," said Rear Adm. Jon Hickey, Deputy Commandant for Systems. "Our crews need modern, resilient shore capabilities to answer the call and get the mission done. By investing $114 million to modernize Base Kodiak's critical water and fire-suppression infrastructure, we are directly supporting our forces and their families while building the foundation for our expanding polar fleet and long-term mission readiness." Driving Holistic Arctic Transformation Base Kodiak is central to the Coast Guard's strategic posture in the high latitudes and designated as the future homeport for the Service's first two Arctic Security Cutters. The water distribution modernization complements a comprehensive suite of infrastructure projects currently planned or underway at Base Kodiak to support expanding mission capabilities and workforce growth, including: * Construction of a new fuel pier and upgrades to the cargo wharf to support major cutters and icebreakers. * Construction of 30 additional family housing units and a new child development center to support Coast Guard personnel and their families. Using the nearly $25 billion investment in the One Big Beautiful Bill Act, the largest capital investment in the Service's history, the Coast Guard has already ordered over $20 billion in new assets and capabilities, critical depot maintenance, and shore facilities. This rapid investment demonstrates the Coast Guard's commitment to modernizing acquisition, delivering next-generation technology, restoring readiness, and revitalizing shore infrastructure. About the U.S. Coast Guard With more than 95,000 miles of shoreline, 25,000 miles of navigable rivers and 4.5 million square miles of U.S. exclusive economic zone, the U.S. Coast Guard defends the Nation, protects the marine transportation system, regulates and safeguards ports and waterways, leads the Nation in maritime drug interdiction and secures the maritime border. As a member of the joint force, a law enforcement organization, a regulatory agency and a member of the U.S. intelligence community, the Coast Guard employs a unique mix of authorities to ensure the safety and integrity of the maritime domain to protect the economic and national security of the nation. More than 76,000 members of the Coast Guard operate a multi-mission, interoperable fleet of more than 220 cutters, 185 fixed and rotary-wing aircraft, 1,300 boats and its own dedicated cyber command to protect critical maritime infrastructure. More information about the U.S. Coast Guard can be found at www.uscg.mil Follow @USCG on X and Instagram, like US Coast Guard on Facebook, subscribe on YouTube and follow LinkedIn - connect with US Coast Guard. Make a difference on land, at sea or in the air with the Coast Guard. Visit GoCoastGuard.com to find out how to be part of its team.

Healthcare Construction + Operations News
Oct 30th, 2026
Gilbane expands Mid-Atlantic healthcare leadership.

Gilbane expands Mid-Atlantic healthcare leadership. Gilbane Building Company has hired Brad McMullan as Senior Project Executive and widened the responsibilities of Senior Project Executive Ryan Becker to support its Mid-Atlantic healthcare work. According to a release from Gilbane, McMullan will pursue opportunities and develop client relationships in Philadelphia and New Jersey. His experience includes work with Cooper University Hospital, Atlantic Health System, Inspira Health System and Hackensack Meridian Health. "Brad's extensive healthcare experience and established relationships throughout the region strengthen our ability to serve clients," said Gilbane's Senior Vice President and Mid-Atlantic Divisional Leader Ted Holt. Becker will focus on Maryland and Washington, D.C. He has more than 20 years of healthcare construction experience, including multiphase renovations in active facilities. Becker's credentials include Certified Healthcare Manager and LEED Accredited Professional. His current projects involve Howard University, Johns Hopkins University and Inova. "Ryan's deep understanding of active healthcare environments, combined with his experience leading healthcare projects throughout Maryland and the DMV, positions him to help our clients deliver critical facilities that support exceptional patient care," said Holt. Stay ahead of the industry. Get HCO News delivered free.

Connect CRE
Oct 29th, 2026
Gilbane-Led team breaks ground on 200-unit Raleigh Affordable Housing project.

Gilbane-Led team breaks ground on 200-unit Raleigh Affordable Housing project. Gilbane, in partnership with Harmony Housing Affordable Development Inc. (HHAD) and F7 International Development, started work on Chapanoke, a 200-unit residential community in Raleigh. The property will also include 10,000 square feet of retail. Located at 326 Chapanoke Road, the nearly $58 million development will serve households earning between 30% and 70% of Area Median Income (AMI) and is anticipated to be completed in early 2028. The development will offer 66 one-bedroom, 86 two-bedroom, and 48 three-bedroom apartments, accommodating a range of household sizes. The development is being advanced through a coordinated public-private financing structure that brings together tax credit equity, private financing, and local public investment. Greystone Real Estate Capital is providing Low-Income Housing Tax Credit equity, while Greystone Housing Impact Investors LP and Citi Community Capital are supporting the project through construction and permanent financing. Wake County and the City of Raleigh are also contributing subordinate public financing, including $7.1 million in gap financing from Wake County. * | Development Apartment buildings for sale. Check out the latest properties available on apartmentbuildings.com. * 4028 Mitchell Mill Road Raleigh, NCAtlanta & Southeast + Apartment Buildings | Listing Status: | Available | | Listing Type: | Call for offers | | Price: | $4,200,000 | | No. of Units: | 20 | | Year Built: | 2015 | | Lot Size: | 20096 Acres | | Opportunity Zone: | No | | Price per unit: | $210,000 | Learn More * 200 York Street Chester, SCAtlanta & Southeast + Apartment Buildings | Listing Status: | Available | | Listing Type: | Call for offers | | Price: | $3,600,000 | | No. of Units: | 75 | | Year Built: | 1960 | | Lot Size: | 7.34 Acres | | Opportunity Zone: | No | | Price per unit: | $48,000 | Learn More

Real Estate News
Oct 24th, 2026
Gilbane buys $37 million Brooklyn site with capacity for 408,400 square feet.

Gilbane buys $37 million Brooklyn site with capacity for 408,400 square feet. Gilbane acquired a $37 million Brooklyn development site with 408,400 buildable square feet. Apartment counts, financing and construction timing remain undisclosed. Summary. Gilbane Development acquired a recently rezoned 96,000-square-foot Brooklyn parcel for $37 million. Ariel Property Advisors confirms 408,400 square feet of potential zoning floor area; the proposed affordable-housing unit count, budget and schedule are not disclosed. Gilbane Development has acquired a 96,000-square-foot development site in Brooklyn's Sheepshead Bay neighborhood for $37 million, giving the company control of a recently rezoned parcel that could support more than 400,000 square feet of construction. The transaction at 2185 Coyle Street was arranged by Ariel Property Advisors, whose current transaction records list the site as sold for $37 million. The brokerage describes 408,400 square feet of zoning floor area across a property bounded by Coyle Street, Bragg Street and Avenue V. Gilbane intends to pursue affordable housing, according to a transaction report published October 21. The seller was a venture between AAG Management and ABS Partners, according to the brokerage account. Ariel's team included Victor Sozio, Michael A. Tortorici, Sean R. Kelly, Shimon Shkury and Remi Mandell. The firm lists the closing in its October transaction activity; an independently recorded deed was not available for this report. The $37 million consideration equates to about $91 per square foot of the site's stated buildable floor area, or about $385 per square foot of land. Both figures are calculated from the brokerage's disclosed dimensions and sale price. They are land-acquisition metrics, not projected apartment sale prices or construction costs. Rezoning expands the site's potential. Ariel says the property was recently rezoned to R6A/R7D/C2-4 and brought into a Mandatory Inclusionary Housing area under Option 1. The reported blended floor-area ratio of 4.26 broadly reconciles with 408,400 buildable square feet on 96,000 square feet of land. Those zoning figures establish a development envelope, subject to applicable approvals and design rules. They do not mean that 408,400 square feet of commercial space will be built. The buyer's intended affordable-housing program has not been accompanied by a published apartment count, affordability schedule, construction budget or start date. The distinction matters because a large site purchase is only an early step toward delivering housing. Financing, regulatory approvals and the final unit mix will determine how much of the permitted floor area becomes apartments and at what rent levels. Gilbane has other affordable-housing projects underway in New York. The company and its partners recently broke ground on the $175 million first phase of 1920 Turnbull in the Bronx, a separate development planned to include 228 apartments, according to industry transaction reporting. That project should not be conflated with the still-unspecified Coyle Street proposal. The acquisition comes as New York City struggles to match housing demand with new supply. WRE recently reported that city listings reached a four-year high even as contracts softened and rents rose. Those citywide measures do not establish demand or feasible rents for a future Sheepshead Bay development, but they show why new supply remains closely watched. The immediate transaction is verifiable as a land purchase: a named buyer, named seller, reported price and disclosed development capacity. The eventual affordable-housing output remains a proposal. A building application, approved financing plan or formal Gilbane development announcement would provide the next concrete milestone. 2185 Coyle Street: transaction and zoning figures | Measure | Reported amount | | Purchase price | $37 million | | Land area | 96,000 sq. ft. | | Buildable zoning floor area | 408,400 sq. ft. | | Implied land cost per buildable sq. ft. Approximately $91 | | Planned homes | Not disclosed | Sources: Ariel Property Advisors' transaction listing and October 21 transaction reporting. Cost per square foot is calculated by WRE News from the disclosed figures.

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