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VOL. 132 | NO. 42 | Tuesday, February 28, 2017

ServiceMaster Names General Contractor for Downtown HQ

By Patrick Lantrip

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Memphis-based ServiceMaster Global Holdings announced Flintco LLC will be heading up construction and renovation efforts at its new global headquarters in Downtown Memphis.

As general contractor, Tulsa, Oklahoma-based Flintco will be responsible for estimations, procuring subcontractors, and the management of daily activities for the build-out of the former Peabody Place Mall.

“We’re pleased to be working with Flintco,” Terry Ingram, vice president of supply management for ServiceMaster, said in a release. “We completed a very detailed bidding process, and Flintco demonstrated an exceptional record of success, true dedication to safety and an unwavering commitment to supplier and subcontractor diversity.”

ServiceMaster will spend $35 million in renovations, with at least 20 percent going to local minority- and women-owned businesses. However, the company is expected to exceed that figure.

“Flintco is excited about partnering with ServiceMaster to help change the landscape of Downtown Memphis,” Flintco vice president and area manager Tim Weatherford said. “Like ServiceMaster, Flintco is working continuously to improve and innovate how we deliver projects. The new headquarters is a great opportunity to showcase our ability to work with a global partner to create a facility that is unique to Memphis.”

Last December, Flintco was also named general contractor for the renovations of ServiceMaster’s IT Innovation Center, a 20,000-square-foot collaborative work space that will occupy the former Tower Records location near the Third Street entrance to Peabody Place.

Property owner Belz Enterprises is currently managing exterior renovations and interior updates to repurpose the four-level, 328,000-square-foot structure into Class A office space. Once fully operational, roughly 1,200 employees and contract workers are expected to occupy ServiceMaster’s headquarters at the end of 2017.

In addition to housing ServiceMaster’s world headquarters – which includes the American Home Shield, AmeriSpec, Furniture Medic, Merry Maids, ServiceMaster Clean, ServiceMaster Restore and Terminix brands – Belz is setting aside 20,000 square feet for retail or restaurant tenants.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 51 328 20,960
MORTGAGES 58 387 24,132
FORECLOSURE NOTICES 6 54 3,101
BUILDING PERMITS 170 842 43,435
BANKRUPTCIES 50 288 13,468
BUSINESS LICENSES 34 90 6,712
UTILITY CONNECTIONS 16 110 7,899
MARRIAGE LICENSES 32 91 4,734