Swinerton’s East Coast operations are paying dividends
The GC’s three divisions in that region are projecting an 83% revenue gain this year.
Seven years after expanding its operations to the East Coast, California-based GC Swinerton has witnessed notable growth. Its Carolinas division has seen its revenue jump 16,000% (that’s not a typo) since Swinerton launched it in Charlotte, N.C., in 2018. Its Atlanta division, which began operating that same year, has generated 923% revenue growth. And the builder’s New York Metro division has increased its annual revenue 238% since opening in 2021.
Last year, Swinerton’s gross revenue from all building types, sectors and services nationwide was $4.85 billion. Collectively, the three East Coast divisions alone are on pace to produce nearly $450 million in revenue in 2025, a nearly 83% gain over the previous year.
“Continued growth is expected for all East Coast divisions,” asserted Kevin Smith, vice president and division manager, Swinerton’s Carolinas division, in a prepared statement.
The Carolinas division should top $185 million this year, Atlanta $175 million, and New York Metro $76 million.
The Atlanta division has delivered projects for Hartsfield-Jackson Atlanta International Airport, Delta Air Lines, T-Mobile, OneStreet Residential, and WeWork, among other companies. The New York Metro division’s clients include Patreon (whose ASD|SKY-designed fit-out of its corporate office was part of a multi-phased, 35,000-sf refresh of a landmark tower), Milstein Properties, Warsaw Theater, and Public Storage.
The Carolinas division’s clients have included T-Mobile, the city of Charlotte, and Melmark. In Wilmington, N.C., Swinerton, in a joint venture with Monteith Construction, provided GC services for a 67,000-sf, four-story, mass timber framed office building for Live Oak Bank, the first of its kind in eastern North Carolina.
