Five decades later, the company still adheres to those core values, ensuring excellent client service through open and honest communication. Kokolakis has been the contractor for numerous large commercial, military, health care and educational facilities both locally and nationwide.
Highlighting the company’s future growth, Kokolakis recently secured its largest project to date, a $112.4 million contract with the U.S. Army to build a four-story Cyber Instructional Facility at Fort Gordon in Georgia. Kokolakis also recently won two design-build projects for the City of Tampa, totaling $63 million in combined contract value. One involves relocating the existing Solid Waste and Environmental Program Management Department Operations. The second project involves relocating the Tampa Police Department’s Impound Lot, Evidence Control Section and Forensic Unit. Kokolakis is also the Designer-Builder on the new $85.5 million Mary Cali Dalton Recreation Center in Northern Staten Island, NY. The center will be approximately 43,000 sf and will serve Northern Staten Island as a hub for learning, recreation, community, and civic engagement.
The company is forging ahead for the next 50 years with a keen focus on growth while remaining flexible, honest, and customer-focused. As part of that forward momentum, on May 1, 2021, Kokolakis became employee-owned through an Employee Stock Ownership Plan (ESOP). As President and sole shareholder, Joseph Kokolakis recently transferred 30% ownership into an ESOP Trust Fund that holds the shares on behalf of Kokolakis employees. It allows employees to earn a yearly allocation of stock and offers a vested interest in Kokolakis’ ongoing success.