Synergy Construction
Specialty: Multi-family, commercial, specialty
Management:Pam Stewart, president; Larry Stewart, executive vice-president
Year founded: 1990
Headquarters: Woodinville
2005 revenues: $40 million
Projected 2006 revenues: $30 million to $40 million
Current projects: $11 million, 137-unit senior facility for the Multiservice Center in Kent; a $5.5 million community center for the King County Housing Authority in White Center
Image courtesy Tonkin/Hoyne/Lokan Architecture & Urban Design Synergy Construction is doing an extensive renovation and addition to the Jim Wiley Community Center as part of the Greenbridge Hope VI project in White Center.
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Last year was the best year ever for Synergy Construction, owned by Pam Stewart and her husband, Larry. They’re still very busy — they’ve just topped off the roof on a special-needs housing project in Seattle’s Roosevelt district for Abused Deaf Women’s Advocacy Services.
Lots of housing projects
The Stewarts have also just put the roof on Chestnut Street Housing in Fairhaven, Bellingham’s historic district. It’s an affordable housing project with retail on the bottom, developed by Catholic Community Services and the Archdiocesan Housing Authority.
While Chestnut is a brand-new building surrounded by old buildings, “the architect did a very nice design which was approved by the neighborhood association before we started construction,” Stewart said.
Synergy has also just finished a 40-unit senior housing project in Battle Ground, Clark County, in conjunction with a nonprofit developer. By Feb. 24, when the project had its open house, there were only eight units still unoccupied, Stewart said.
“Officials from the U.S. Department of Agriculture came out to the open house,” Stewart said. “They couldn’t believe how much housing they were getting for the dollar.”
The project, part of the USDA’s rural development program, had a construction budget of $2.6 million.
Rising materials costs
While the Stewarts had a great year, the rising cost of building materials is a constant concern. ”Since we give a lot of our clients budgetary numbers two or three years in advance,” said Stewart, “that’s pretty hard.”
“We’re working very closely with the client and trying to offer value engineering,” said Stewart, “and cutting prices wherever we can.”