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October 28, 2010

GLY CEO: 2011 will be the toughest year

  • Jim Karambelas replaces former CEO Lee Kilcup this month, just as the construction industry heads into what he says could be the softest year in the downturn.
    Special to the Journal

    When Jim Karambelas joined GLY Construction in 1995, he didn't set his sights on a gradual progression to the top.

    Rendering courtesy of ZGF Architects LLP [enlarge]
    GLY is co-developer on this 85-unit apartment project called Tacoma Elks, which breaks ground next July. Jim Karambelas said such ventures are part of the company’s diversification strategy.

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