Metairie Renovation Firm Projects Revenue Growth
The construction firm aims for $65 million in revenue as it continues high-profile historic preservation projects.
Updated on Oct. 22, 2026 in Home Renovation
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Metairie-based Ryan Gootee General Contractors is expanding its footprint in historic preservation. The firm, which manages high-profile local restoration projects like the St. Louis Cathedral, currently sees historic work account for one-third of its total portfolio.
Why it matters
Understanding how local firms leverage specialized preservation tax credits can offer homeowners insight into the complexities of restoring regional historic properties. These projects rely on specific masonry and stucco expertise to maintain structural integrity and historical eligibility.
Ryan Gootee General Contractors has completed 146 historic renovations worth a total of $330 million. The company reports a 12% projected revenue growth rate, aiming to reach $65 million in annual revenue as it maintains its focus on preservation.
The players
Ryan Gootee General Contractors
A Metairie-based construction firm specializing in historic preservation and restoration projects.
St. Louis Cathedral
A landmark site in the French Quarter currently undergoing restoration work.
Michael DeGruy
A stakeholder holding a 30% ownership share in the general contracting firm.
The details
The firm secures project funding by utilizing the historic tax credit program, which provides a return for qualifying restoration expenses. Restoration work is executed by leveraging specialized techniques in historic masonry and stucco to ensure the long-term preservation of structures. These methods are currently being applied to the ongoing restoration of the St. Louis Cathedral in the French Quarter.
Timeline
2005: Ryan Gootee founded the firm following Hurricane Katrina.
2026: The firm expects to achieve $65 million in annual revenue.
2027: The owner plans to initiate succession discussions with his children.
The Home Front
The firm operates within the broader context of the federal historic tax credit program, which incentivizes the rehabilitation of older properties. This regulatory framework drives the demand for specialized contractors capable of meeting strict preservation standards.
Homeowners in historic districts should keep documentation of all renovation expenses, as qualifying projects may be eligible for tax credit returns. When selecting a contractor for period-specific homes, prioritize firms that demonstrate verified experience with historic masonry and stucco.
The takeaway
Historic preservation requires both specialized skill and a long-term plan for project funding and company leadership. Homeowners looking to preserve older structures should consult with licensed contractors familiar with the specific tax credit requirements for their local jurisdiction.
What happens next
The firm plans to discuss business succession with the owner's children in 2027.
Further reading
For more information on managing specialized property upgrades, explore the Home Renovation section.
Source note: This article includes information reported by NOLA.
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