The owners of Integrated Construction, CEO Gregg Munn and Chief Operating Officer Todd Zona, worked together at The Haskell Co. since 1996. They worked on senior living projects for Haskell, Munn as project director and Zona as director of construction. But after Haskell got out of senior living – “A lot of the senior living stuff’s wood frame and they’re not; they’re concrete and steel,” Zona said – Munn and Zona went out on their own and founded Integrated Construction in 2007.
“We started the company because we had a relationship with a couple of entities that had projects for us to build, in Florida, Kentucky and North Carolina,” Munn said. “So we took the plunge in 2007 not knowing that the economy was going to crash, but it never affected us due to the fact that we had these clients with future projects. So we started and the first project was Carrabelle, FL and the second one was in Kentucky and then from there we picked up a couple in North Carolina and it’s just grown.”
In 2012, Integrated Construction got into hotels as well as senior living, which remains the core business, and is now building hotels for Value Place.
Projects where contractors negotiate with the developers rather than bid are getting harder to get, Zona said, “because the prices have just gone bananas in the last two or three years. Labor’s very hard to come by, and all of your building products are going up – 15 to 20 percent a year on drywall, for instance.”
This is an excerpt from the Jacksonville Business Journal. View the full, original article HERE.