Alabama construction company expands into Tampa

Hoar Construction says that a growing workload in the Tampa and Sarasota markets requires it have a local office.

By Louis Llovio
| 5:00 p.m. August 1, 2023
| 2 Free Articles Remaining!

Hoar Construction, which is building Cordelia, a development at the Quay in Sarasota, says that a growing workload in the Tampa and Sarasota markets requires it have a local office.

Tampa Bay-Lakeland

Hoar Construction, an 83-year-old Alabama company, is opening an office in Tampa, its second in the state.

The company has been covering the state out of Orlando for about 25 years, but with growth along the West Coast, particularly in Tampa and Sarasota, it saw the need to expand.

Michael Parks, a senior vice president for Hoar, says in a statement that with a growing workload in the market, it was in the company’s best interest to have permanent presence.

Among its projects in the area is Cordelia, a development at the Quay in Sarasota.

The company, according to the statement, got its start working in Florida in the 1960s and opened its first office here in 1998.

It began focusing on the Tampa market in 2021 when it hired a project executive — Matt Valentine — to spearhead sales in the region. Valentine “will continue to guide the direction and growth of this new office.”

With the Tampa office, Hoar will have 10 offices nationwide. Its clients are in the cultural, entertainment and hospitality sectors and the company currently has projects building for healthcare systems and multifamily developers.

author

Louis Llovio

Louis Llovio is the commercial real estate editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.