Gray Goes Beyond Design-Build with Launch of Gray Development

Anchoring Gray’s Real Estate services, Gray Development delivers financial services such as construction financing, incentive coordination, and site sale/leaseback, as well as site development services such as land acquisition, zoning & titling, speculative building, and build-to-suit. Whether following our legacy design-build approach or alternative forms of delivery such as construction management at-risk or EPC, Gray Development shortens project timelines and provides faster speed to market for customers seeking to establish or expand operations.

“Our customers’ needs are highly evolved, and that really calls for a more creative approach to executing every phase of our projects, including financing and turnkey development,” said Gray Development President Curt Hargrove. “Gray Development is the natural next step to building on Gray’s proven design-build methodology, as it leverages many of design-build’s key strengths from a cost and schedule perspective.”

By offering more competitive financing options, Gray Development aims to decrease customers’ total costs and ultimately, provide quicker occupancy of their facility. Gray Development offers services to Gray’s core markets, including:

• Manufacturing
• Food and Beverage
• Data Centers
• Advanced Technology
• Distribution
• Commercial

Examples of past and current Gray Development projects include an office building for Linc Government Services; a package sorting and distribution facility for FedEx Corporation; a manufacturing facility and warehouse for Snap-On Incorporated; and the redevelopment of a multi-tenant historic office building.