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construction

Aug 30, 2023

Living Legends 2023: JOHN R. LAWSON II

Raised in a construction family, Lawson fell in love with the business. His late father co-founded W.M. Jordan, which Lawson joined in 1975 after his graduation from Virginia Tech, where he earned a degree in geophysics. He’s paid back Virginia Tech by serving on its board of visitors and as rector, as well as funding […]

Aug 30, 2023

Real Estate 2023: MAGGIE REED

Reed joined Gilbane in 2003, after graduating from Pennsylvania State University (Penn State), where she was a two-time All-American in women’s rugby. One of the construction company’s youngest vice presidents, she has managed over $1 billion in contracts during her career so far. A registered architect, Reed is responsible for driving sales and supervising more […]

Aug 30, 2023

Living Legends 2023: RAYMOND A. ‘RAY’ RITCHEY

Often regarded as one of the most influential players in the Washington, D.C., area’s real estate arena, Ritchey announced in March his plans to shift away from his full-time role with Boston Properties at the end of the year. He led the national real estate investment trust’s Washington-region operations, including 170 employees and 36 properties […]

Aug 30, 2023

Real Estate 2023: BRENDAN BECHTEL

Serving as CEO since 2016 and chairman since 2017, Bechtel is the fifth generation to lead his family-owned global engineering, construction and project management company. Ranked the nation’s second largest construction company by Engineering News-Record, Bechtel Corp. has completed more than 25,000 projects in 160 countries since its 1898 founding in San Francisco. The firm’s [&helli[...]

Aug 30, 2023

Real Estate 2023: BOB MILKOVICH

Milkovich joined Rand, a privately owned, nationwide commercial general contractor specializing in retail and restaurant construction, tenant interiors and building renovations, in January 2019 as its CEO. He succeeded Linda Rabbitt, who founded the company more than three decades ago. Before that, Milkovich served as CEO of First Potomac Realty Trust, where he led the […]

Aug 30, 2023

Real Estate 2023: WILLIAM A. ‘BILL’ PAULETTE

In 1975, armed with $1,000 to invest, Paulette laid the foundation for what would eventually become KBS, a top-ranked mid-Atlantic construction firm. What started as a one-person company with an office in a sheet-metal shop has grown to a firm with 160-plus employees and offices in Richmond and Virginia Beach. KBS is known for projects […]

Aug 30, 2023

Real Estate 2023: DONALD D. GRAUL

With nearly 40 years of industry experience, Graul joined Branch in 2020 from Centreville-based Parsons Corp., where he was president of construction and a senior executive for alternative project delivery. He also worked previously for AECOM. Founded in 1963, Branch has 1,100 employees and reported $509 million in revenue for fiscal 2022. In August 2022, […]

Aug 30, 2023

Real Estate 2023: TIMOTHY A. FAULKNER

Named CEO of Breeden in January 2022, Faulkner oversees a real estate development and property management company founded more than 60 years ago by Chairman Ramon W. Breeden Jr. Faulkner previously served as chief operating officer and president of property management for Breeden, which has about 425 employees in Virginia. This year, the company’s Breeden […]

Aug 30, 2023

Real Estate 2023: RONALD J. LAUSTER JR.

Lauster joined W.M. Jordan in 1997 and became its president in 2018. He has managed notable projects such as the Ferguson Center for the Arts at Christopher Newport University and the restoration of the historic Cavalier Hotel in Virginia Beach. An Old Dominion University alumnus, Lauster also graduated Harvard Business School’s Advanced Management Program. In […]

Aug 30, 2023

Real Estate 2023: STEPHEN BALLARD

Ballard’s construction career goes back nearly 40 years. He has served as a project manager, superintendent, estimator, carpenter and laborer. Today, he oversees all construction operations and corporate functions for his company, including strategic planning, project management, estimating, business development, corporate communications, safety and quality. Ballard Construction served as ge[...]

Aug 30, 2023

2023 Virginia 500: Real Estate

Patrick Bain PRESIDENT AND CEO, THE LONG & FOSTER COS., CHANTILLY     Stephen Ballard PRESIDENT AND CEO, S.B. BALLARD CONSTRUCTION, VIRGINIA BEACH     Brendan Bechtel CHAIRMAN AND CEO, BECHTEL CORP., RESTON     Brian F. Bortell PRESIDENT, CHAIRMAN AND CEO, TIMMONS GROUP, CHESTERFIELD COUNTY     Gary Bowman FOUNDER, CEO AND CHAIRMAN, BOWMAN […]

Rendering of The Ace Apartments in Richmond's Scott's Addition neighborhood. Image courtesy Cresset Partners.
Aug 7, 2023

$98M Richmond apartment building to break ground in Q3

A $98 million luxury apartment building, The Ace Apartments, will be the newest addition to Richmond’s Scott’s Addition neighborhood. The 1.7-acre project will have 295 luxury studio, one- and two-bedroom apartments that will average 753 square feet per unit, and 85% of the units will have balconies. The development’s plans also call for a 7,500-square-foot […]

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