Charlotte, NC, May 27, 2010 --(PR.com
)-- Joint venture partners Turner Construction Company, BE&K Building Group and Walter B. Davis, a minority owned firm, surpassed the City of Charlotte’s Small Business Opportunity Program utilization goal set for the high profile NASCAR Hall of Fame, Convention Center Expansion and Parking Facility set to open today. The joint venture team worked with Lil Associates, II Inc, an award-winning construction consulting firm specializing in developing and implementing diversity inclusion initiatives for commercial construction projects in the public and private sectors.
Owned by the City of Charlotte and operated by the Charlotte Regional Visitors Authority, the total construction cost of the project is $159 million and over $27 million was contracted with fifty-eight (58) Small Businesses that participate in the City’s Small Business Opportunity Program. The program is designed to encourage and assist local businesses with contracting and procurement opportunities. The Turner|BE&K|Davis team established a 16% goal for this construction project and actually surpassed the goal and achieved 17.30% utilization to date.
"We are extremely pleased that the NASCAR Hall of Fame exceeded the City’s small business utilization goal," said Nancy Rosado, Small Business Program Manager. "This outcome reflects the importance the City places on utilizing local, small businesses in projects which receive City assistance," she added.
The joint venture team, which has managed the construction of more than $500 million of facilities for the City of Charlotte and Mecklenburg County, used a collaborative approach in meeting the goal. "From the beginning, we sat down as a leadership team and said exceeding the goal set by the City of Charlotte was a top priority for this project. We understood the importance of including the Small Business community and made it a point to pass this commitment down to Project Managers, Superintendents, Engineers and Administrative staff," said Gary Stradowski, Vice President and General Manager of Turner’s Carolinas operation.
Luther Cochrane, BE&K Building Group Chairman and Chief Executive Officer, also expressed excitement for the results the team achieved. “From the beginning, we could not have been more pleased to be a part of the team building this kind of facility. This team has a history of delivering successful projects in Charlotte, and once again, we were able to make a local economic impact to Small Businesses that are vital to the growth and development of our community,” said Cochrane. He added, “I’ve worked with Carol Lilly of Lil Associates, and their experience with including Small Business firms helped us tremendously throughout the life of the project.”
The NASCAR Hall of Fame project allowed Walter Davis, President and owner of Walter B. Davis Company, to develop a strategic alliance with Turner and BE&K Building Group that gave his firm the opportunity to participate on a large project firms of his size can not build on their own. “The experience and skills my team gained working on the project will help our company as we go forward. Small businesses need these opportunities to grow and develop their company to the next level,” said Davis. He added, “Each successfully completed project leads to stronger relationships and a stronger resume.”
For more information about Turner Construction Company, Carolinas, visit
For more information about BE&K Building Group, visit
For more information about Walter B. Davis Company, visit
For more information about Lil Associates II Inc., visit