Partnership Development
On certain larger-scale development projects, LMD Companies will partner with private clients and, sometimes, public entities (when the development includes a public benefit). In these instances, we’ll assume an equity position in the project and often take the lead or a lead advisory role in the construction and development process.

Turnkey Development
LMD Companies is also available to provide development services for clients on a turnkey basis. In a turnkey development, LMD Companies assumes responsibility for every aspect of the project – from property acquisition through construction completion – culminating in the delivery a finished project to the client.

CM or Cost-Plus
Most of our construction jobs follow the CM (Construction Management) or Cost-Plus (also commonly referred to as “open book”) contract structure. Under this arrangement, the contractor, as Construction Manager, will price out the job, review all cost estimates with the client, and agree to a project budget. As the work proceeds and the client pays the actual costs incurred, the contractor is incentivized to keep costs under budget by sharing in a percentage of any cost savings realized. Under this method, the client and contractor’s interests are aligned and the risks and rewards shared.

General Contracting
LMD Companies occasionally provides general contracting services on a lump-sum basis. However, this arrangement is typically reserved for larger commercial or institutional construction projects.