PARIC Holdings Appoints Kyle Lopez as CEO

PARIC Holdings, parent company of PARIC Corporation, announces that Kyle Lopez, former President and Chief Operating Officer, has been named Chief Executive Officer. Joe McKee, formerly CEO, is transitioning to Chairman.

During his tenure as President and Chief Operating Officer, Lopez led PARIC Holdings through consistent year-over-year growth and geographic expansion. He has driven key organizational and transformational changes, including the company’s approach to strategic acquisitions, talent development and optimization of operations.

“I look forward to building upon the groundwork Joe McKee has laid for PARIC Holdings,” said Lopez, “and through fearless innovation, I envision a future where PARIC Holdings is the leader in serving and transforming America’s communities.”

“Kyle has brought accountability, entrepreneurialism and tenacity to our organization,” said McKee. “In just a short time, he has helped us move faster and farther than we ever have before, including leading the acquisitions of Interior Investments and Intereum — expanding the business into the audio/visual, furniture and design spaces.

McKee will transition to Chairman and remain the driver of PARIC Holdings’ culture, vision, leader development and community involvement for all companies. Joe stated “Holdings is truly a place that accelerates the potential of its people, businesses and communities. With the right leaders in place, we will continue to challenge and support each other, working in lockstep to continue to make a difference far into the future.”


ABOUT PARIC HOLDINGS

PARIC Holdings is the parent company of several privately held building and design firms, including Cooperative Building Solutions, Henning Companies, Interior Investments LLC, Intereum and PARIC Corporation – a nationally ranked provider of construction services. Headquartered in St. Louis, Missouri, its companies operate out of Missouri, Illinois, Minnesota, Wisconsin and Iowa, serving clients throughout North America. PARIC Holdings provides talent, capital and resources to support its portfolio of growing businesses.

PARIC Promotes Employees To Senior Management Team, Focus on Four Core Sectors

Under the leadership of Mike Rallo, Jr., PARIC Corp. is tackling the 2024 construction marketplace with a new approach. While still serving nine unique markets, a more focused, client-centric approach to four key sectors of Industrial, Institutional, Living and Special Projects is underway. This new structure will position PARIC to better meet our clients’ changing needs, provide greater focus and accountability at the sector level, enable greater flexibility for the company and provide mentorship, learning and growth opportunities for our next generation of leaders.

With a concentration on continued, deliberate growth, Rallo and Chief Operating Officer Todd Goodrich have promoted five employees to senior management and business development teams to lead these sectors.

“These promotions align with our strategic plan of promoting from within,” Rallo said. “We are ever-expanding our internal leadership development opportunities to support promotions at all levels of the company and we’re proud to announce our next generation of leadership,” he added.

“These promotions align with our strategic plan of promoting from within,” Rallo said. “We are ever-expanding our internal leadership development opportunities to support promotions at all levels of the company and we’re proud to announce our next generation of leadership,” he added.

Promotions For Each Market Sector

Industrial leadership: Andy Schollenberger, Vice President & Sector Leader
Industrial business development:  Michael Picker, Vice President

Institutional leadership, including healthcare and academic: Brian Stoesz, Vice President & Sector Leader
Institutional business development:  Stephanie Jeffries, Vice President

Living, including multi-family and historic renovation: Drew Siebert, Vice President & Sector Leader

Special Projects, including tenant improvement and short-turn, specialty projects: 
Kurt Gildehaus, Vice President (promoted 2022) & Sector Leader

“We plan to add more than 100 talented people both in the office and the field in the next two years. Due to our comprehensive career development programs, PARIC will continue to be the first choice of the best and most sought-after individuals,” Rallo added.

Examples of the range of PARIC’s current and recent work include:

  •  Leadership of a joint venture for construction of Boeing’s new $2B St. Louis Expansion Project near St. Louis Lambert International Airport.
  • St. Louis Community College – Florissant Valley Center for Nursing & Health Sciences – this 100,000 square foot building will provide a simulation-based learning environment for students and will be home to the College’s first bachelor’s degree, a BS in respiratory care.
  • Major renovations to the 5th and 3rd floors of the St. Charles County Corrections Center, providing an updated commercial kitchen and 28,000 square feet of new housing units.
  • $110M historic renovation of the Butler Brothers Building, now The Victor, at 1717 Olive Street offering of nearly 400 apartments in St. Louis’ Downtown West.
  • 360 West, boasting panoramic views from the 12th floor of the Westport Plaza Gold Tower.
  • Rawlings Retail Experience will be a new flagship customer experience destination for St. Louis that goes beyond a traditional retail store.
  • Missouri University of Science & Technology’s $10.4M, 35,000 square foot General Services Building.
  • $55M restoration of the historic AT&T building in downtown Kansas City.
  • One Nine Vine apartments – the first multi-family, market-rate attainable and affordable housing development built in the historic 18th & Vine district of Kansas City since 2006.
  • The 150-foot-tall KC Wheel, offering 36 fully enclosed, climate-controlled gondolas and one-of-a-kind views of the Kansas City skyline.
  • On-schedule to complete this month is the new $175M Children’s Hospital and Birthing Center for MU Health Care in Columbia, Missouri.
  • Phase II Walnut Tower of the Broadway Hotel in downtown Columbia, adding 80 guest rooms and suites, as well as 8,300 square feet of meeting and conference space.

Projects just getting underway include:

  • Phase I of the St. Louis Gateway South Project, the re-development of the former Crunden Martin Manufacturing building just south of the Gateway Arch National Park.
  • El Portal, a historic renovation and conversion of the former CPS Energy headquarters in San Antonio into a 243-room hotel in Marriott’s Autograph Collection.
  • Missouri University of Science & Technology new state-of-the-art $65M Protoplex building which will anchor the Manufacturing Technology and Innovation Campus on the west side of Interstate 44 at Rolla, Missouri. The 116,000 square foot building includes lab and shop spaces plus high bay or double-height labs.

Boeing Selects PARIC-Led Team For Massive St. Louis Facilities Project

After narrowing from more than 25 nationwide teams, Boeing has selected a PARIC-led joint venture for a million-plus square-foot expansion of the company’s Air Dominance production site near St. Louis Lambert International Airport.

Construction of the various facilities is expected to employ an estimated 1,200 construction craft workers over the course of the program.

Detailed pre-construction planning is underway with initial construction estimated for Q1 2024, according to PARIC President Mike Rallo, Jr.

Key subcontractors include Arch Key/Sachs, icon Mechanical, Murphy Mechanical, PayneCrest Electric and Shannon & Wilson. Industrial Project Innovation (IPI) serves as the owner’s representative. Jacobs provides engineering services.

PARIC CORPORATION ANNOUNCES MIKE RALLO, JR. AS NEW PRESIDENT

PARIC Corporation, one of the region’s leading general contractor, construction manager and design-build firms, has announced that former Vice President of Operations Mike Rallo, Jr. is the new president of the company, effective September 1 – just the fifth since the company was founded in 1979. He replaces Keith Wolkoff, who stepped down from the role in March.

The company also has announced that Todd Goodrich, a 25-year PARIC veteran, will become the company’s new executive vice president – chief operating officer.

Rallo, who joined PARIC in 2003 as a project engineer, has held numerous leadership roles in the company’s operations, eventually rising to vice president of operations in 2016. His appointment as president follows an extensive internal and external search.

“Following our search process, it was crystal clear that Mike was the right person to help lead our company to a new era of sustained growth,” said Joe McKee, chairman and CEO of PARIC Corp. “He has a proven history of leadership among our clients and colleagues, and is focused on growing and developing our next generation of leaders.”

One of Rallo’s first major roles was leading the Express Scripts Campus project in north St. Louis County — the largest LEED project in Missouri at the time of completion. He also led the North Park Redevelopment and Park Pacific Historic Renovation, as well as the River City Casino, Washington University Loop Student Housing and two campus repositioning projects for Lutheran Senior Services in St. Louis, among other projects.

Rallo serves on the development board of St. Louis Children’s Hospital and is currently secretary/treasurer for the Associated General Contractors (AGC) of Missouri.

Goodrich joined PARIC in 1997. He has served as a vice president for more than 15 years, most recently as chief business development officer.

“Over his 25 years with PARIC, Todd has overseen our significant growth in the not-for-profit senior living market,” McKee said. “And he was instrumental in driving PARIC as an early adopter of virtual design construction technologies.”

In his 10 years as vice president of business development, Goodrich oversaw a nearly threefold growth of PARIC’s valuation.

“We are extremely confident that Mike and Todd are the right leadership team to advance PARIC during this time of significant, ongoing change in our industry,” McKee said.

St. Louis Community College Selects PARIC for Florissant Valley Health Sciences Building

St. Louis Community College, through a competitive selection process, has chosen PARIC Corp. to construct a four-story, $44 million health sciences building on the Florissant Valley campus.

Construction of the 100,000-square-foot facility is expected to begin this summer and be competed by December 2024. 

The Community College is modernizing facilities and programming at Florissant Valley to meet today’s job training and retraining demands. Replacing many of the school’s current facilities which were built more than a half-century ago and cannot be updated to meet today’s training and technological needs will lead to significant continuing savings on utilities and maintenance while also supporting the school’s plans to remain a leader among its peer learning institutions

Other firms on the Health Sciences Building team include KAI Architects and NAVIGATE Building Solutions. Rendering credit: KAI

PARIC Teams Earn Top Construction Awards

Two construction projects by PARIC, one of the largest privately held companies in the Midwest, earned special recognition in the Keystone Awards of the Associated General Contractors of Missouri.

The top award was for the Delmar DivINe tenant fit-out in St. Louis in which 21 tenants each were empowered to design their space – from total square footage to the smallest of finishes. On a single, tight completion date, the PARIC team managed the unique needs of 21 different 501c3 tenants and 256 alternates within 12 weeks.

A finalist award recognized work for the Friendship Village Chesterfield campus expansion in which 30 of the facility’s 37 acres were impacted. The construction team added 52 independent living apartments and 54 assisted living units plus 90 skilled nursing beds and rehabilitation areas. A gym, clubhouse, ice cream parlor and a creative arts studio also were added, and a new chapel was completed in the heart of the campus.

During construction, the facility was home to 400-plus residents with an average age of 82 and required diligent monitoring of all site activities to ensure the safety of residents, staff and visitors. The project had zero resident injuries, zero accidents, zero Covid cases and zero lost days due to Covid.

Congratulations to both teams!

Enhancing Our Community

Throughout the summer, PARIC team members participated in a variety of events to give back to the communities in which we live and work. We’re proud to share we’ve raised more than $30,000 and volunteered nearly 300 hours supporting KIDstruction, the International Institute of St. LouisSleep in Heavenly Peace and Pedal the Cause. We support and encourage our teams to look for ways they can make a difference and look forward to continuing this mission as we head into 2023.

PARIC Named OSHA VPP Star Mobile Workforce Participant

As a contractor that prioritizes safety above all else, PARIC is proud to announce we have once again been named a Star Mobile Workforce participant in OSHA’s Voluntary Protection Programs (VPP). PARIC is one of only four builders in our four-state region to earn this designation. Bravo to the #PARICpeople working to ensure everyone goes home safe.

The Voluntary Protection Programs (VPP) recognize employers and workers in the private industry and federal agencies who have implemented effective safety and health management systems and maintain injury and illness rates below national Bureau of Labor Statistics averages for their respective industries. In VPP, management, labor, and OSHA work cooperatively and proactively to prevent fatalities, injuries, and illnesses through a system focused on: hazard prevention and control; worksite analysis; training; and management commitment and worker involvement. To participate, employers must submit an application to OSHA and undergo a rigorous onsite evaluation by a team of safety and health professionals. Union support is required for applicants represented by a bargaining unit. VPP participants are re-evaluated every three to five years to remain in the programs. VPP participants are exempt from OSHA programmed inspections while they maintain their VPP status.