After 24 years, a Miami contractor and construction management firm is splitting up
The general contracting and construction management firm Amicon is splitting up 24 years after it was established.
The principals of the Miami-based Amicon are going their separating ways, dividing the firm into two companies, according to a news release. The separation has been in the works since late 2019 since for the last few years the teams would have to compete for clients, said one of the principals, John Wood.
Adam Mopsick and Ross Adickman will continue to own Amicon and focus on general contracting, design-build, owner representation and inspection services. Wood and AJ Mueller founded and will co-own Origin Construction. The company will focus on commercial contracting services, including for corporate offices, retail, restaurants and ground-up commercial projects.
“It has been a great partnership and privilege to work alongside John and AJ. We wish their team the best of luck on this next chapter and look forward to collaborating on projects together in the future,” Mopsick said in a statement.
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Amicon has more than $200 million in projects in South Florida and $1 billion across the state.
Origin has about $75 million in projects for 2020, Wood said.
“We’re still getting new contracts,” Mueller said, “mostly for office space, for capital improvements or tenant improvements. The timelines are just getting pushed back.”
Amicon has built workplaces, restaurants, retail spaces, residences and multifamily developments. Its portfolio includes the Design District shops for Prada, Sevan Bıçakçı and Miu Miu; Nourish 305 at Zoo Miami; Pipeline locations in Brickell, Doral and Fort Lauderdale; and the Shoppes at Coral Way.
It has also completed new construction in older buildings and renovations of hotel lobbies, doctors’ offices, spas and condos, such as Portofino Tower and South Pointe Towers in South Beach and Atlantic One in Aventura.
Its bread and butter — retail, restaurant and office spaces — has been wounded by the coronavirus pandemic. Retailers, restaurants and corporate offices have faced dire conditions during the pandemic. Many restaurants and shops have temporarily or permanently closed, with few new tenants opening. Office leases nearly came to a standstill, with many companies asking employees to telecommute.
This story was originally published August 12, 2020 at 11:10 AM.
