Nearly eight years ago, a group of seasoned construction industry veterans joined to create something unique and special. Recognizing a need for technical expertise, innovation and an unbridled commitment to their owner's needs they built a company ideal for the complex, challenging and cutting-edge Silicon Valley marketplace. Meade Construction Group was born and quickly hit #2 and #11 in the Fastest Growing Companies list for Silicon Valley in their first few years of business.
Secret Weapon Unveiled
“Our success is a result of building a terrific team of people who love working together and building our client’s projects. Anything we can do to strengthen the bond that holds our team together only creates more capability and energy. There’s no risk in that, only opportunity.”
Always looking to improve and build on what they have, the company decided it was time for a new name that more accurately captured the secret to the company's success, growth and popularity, namely the group. With that in mind, The CORE Group was born. As Andy Meade will be the first to say "the Meade name has served us well for the past 7 years - but it falls far short of meaningfully expressing what's really special about this team."
In an industry where reputation is so important, transitioning to a new name may seem to some to be a risky step. However, as Jillian Dressel states, "Our success is a result of building a terrific team of people who love working together and building our client's projects. Anything we can do to strengthen the bond that holds our team together only creates more capability and energy. There's no risk in that, only opportunity." Mickey Wagle adds, "Taking on a company name which celebrates how great our employees are is one of the most exciting things we've done since going into business."
Ownership
The founders knew that truly great companies have truly great people and that the strength of the whole is always greater than the sum of its individual parts. By building an organization where people can work together synergistically and collaboratively, they are able to achieve things that others struggle to accomplish. One key to accomplishing this is through the ownership structure of the company. The majority of employees are owners or eligible to become owners in the company, with no owner having a greater stake than 15%. The company is essentially flat and employees are personally and financially tied into the success of the project and thus the company. "Ownership makes people think long term about the client relationship, as well as relations with all project teammates" observes Tim Tempel, "it drives positive, goal-oriented behavior and great results."
Another key aspect of The CORE Group's success is the level of involvement by the principals in the day to day business. Not only does this integral involvement support the goal of service, passion and commitment for the success of the project and satisfaction of the client, but the team as a whole can leverage off this experience and expertise. There is no goal they can't achieve and Gerardo Rico adds, "Project teams work together to build trust and share goals, stepping up to keep partners from missing deadlines or otherwise falling short. The team succeeds together without the need to find fault or make excuses. It's a great way to work and results in lots of creativity and optimism."
This all for one and one for all approach is infectious and with this commitment to mutual success and client satisfaction, The CORE Group looks forward to continued success and the next chapter in their story.
Company Profile
A commercial general contractor, The CORE Group constructs projects up to $35,000,000 from its office in Milpitas. High technology and healthcare projects are its forte, including data centers, biopharmaceutical labs, alternative energy R&D facilities, microelectronics, medical device, vivaria, hospital and outpatient healthcare facilities. Major clients include SRI International, eBay, Google, Stanford University, Sequoia Hospital, Satellite Healthcare and XOMA. Annual revenues of the company average over $100M. The CORE Group operates primarily in the San Francisco Bay area.