The thriving local building industry has spurred Oviedo-based RLH Construction to expand into a new headquarters and storage area planned on Oviedo's West S.R. 426, just northwest of James Drive.
The company's business has grown so much that RLH has had to lease space in addition to their present headquarters at 5500 Vista View Way, COO Joe Hurt told GrowthSpotter.
"The economy is trucking along at a pretty good clip construction-wise," Hurt said. "We've done a lot of hiring over the last year. We outgrew this space about a year ago. That spurred us to start looking for this piece of property."
The company purchased the new 1.755-acre site for $138,597 through an affiliate in April 2016. Hurt said RLH will probably lease its current building, though no firm decision has been made.
The new headquarters will include a main building of 14,700 square feet facing the state highway, and a 2,700-square-foot storage building in back. The dimensions were spelled out in a permit applications filed with the St. Johns River Water Management District to fill wetlands and build a stormwater management system.
The tilt-wall building will not only double the company's current space, Hurt said, but will be a showcase for the type of work RLH does for its commercial and multifamily housing clients.
"We're going to add a lot of finishes inside that we use on a lot of the projects we work on," Hurt said. "It's going to be a gorgeous building."
Construction should begin around the first of the year with a grand opening projected for mid-Summer 2018, said Hurt, who estimated RLH will spend between $2.5 million and $3 million on the development. The company has not decided whether it will source a construction loan to finance the project.
"We haven't gotten that far yet," Hurt said. "We're not sure if we will finance it or do a pay-as-you-go kind of thing. A lot of that will be determined by our year-end cash-wise."
RLH Construction has been especially busy this year as the GC on multiple new construction or expansion projects for local auto dealerships, including Orlando Infiniti's plans for a new parking garage, Boyland Auto Group's plans to relocate its Mercedes-Benz of South Orlando, a new Hyundai of Central Florida dealership in Clermont, and the new Lexus of Orlando dealership along Interstate 4.