Black-Owned Firm Lands Massive Construction Project For Texas A&M
By Ryan Velez
Black Enterprise reports that for the third time in five years, an African American-owned project management consulting firm has landed a major deal with Texas A&M University. The contract was awarded to Houston-based Taylor Construction Management (TCM). TCM will now manage the development of capital improvement work across the university’s 11 campuses in Texas. This will cover more than 1 million square feet of new and renovated real estate with total construction costs of $500 million.
This is important for the company, as it will contribute more than $1.5 million to the firm’s revenues this year. “TCM has been blessed and extremely fortunate to diversify our client base to include aviation, healthcare, mass transportation, life science, and educational sectors of business," says Kelley Taylor, a co-founding partner. The company was a nominee for the family business category for Black Enterprise’s 2017 Small Business Awards.
TCM is ran by the husband-and-wife team of Troi and Kelley Taylor. The company’s role consists of overseeing the design-build, hiring the construction company and workers, managing those contracts and ensuring project costs do not exceed the budget. This company will allow for the construction of projects that will include a new agricultural research building, a nursing school, and a dentistry school. TCM has also handled several past projects for the university since 2012, ranging from football stadiums to student apartment complexes.
The couple recently told Black Enterprise that they decided to go into construction management due to a dearth of minority-owned project management firms in Texas with the capacity to handle big projects. Russ Wallace, executive director of Facilities Planning & Construction at Texas A&M, called the couple an invaluable asset for its expansions.
“We’ve renewed this partnership again and again because of the elevated level of service we experience while collaborating with Kelley and Troi Taylor, as well as the ethics, dedication, innovation, and industry knowledge they continue to put forth.”
TCM is not just limited to this area, though, having also managed projects like a $1 billion terminal redevelopment project at Bush Intercontinental Airport in Houston, a $28 million biotech facility outside of Shanghai in China. Troi Taylor mentioned that the A&M project and several life science projects in China have helped boost the revenues of the company in 2017. He adds revenues have grown over 50% since last year, but didn’t provide actual dollar figures.