Cheryl McKissack Daniel |
Driven to build upon the family business legacy, McKissack Daniel is clearly attuned to the struggles of her ancestors who had to overcome an inhospitable environment (the family’s beginnings in the building trade began during slavery) as well as their achievements that have propelled the firm to its current status. She maintains that the continuation of the firm’s growth is vital for the creation of jobs and wealth-building opportunities in the black communities where her firm’s projects are located.
On Track to Make $30 Million in Six Years
McKissack & McKissack is currently working on more than 55 projects mainly in new york and Pennsylvania. Its largest undertaking is serving as project manager of the $8 billion JFK International airport terminal One redevelopment in new york city. Moreover, McKissack Daniel’s company is teaming with notable firms like Magic Johnson Enterprises and Loop Capital (a top black-owned investment bank) to engage in infrastructure work on the project expected to be completed in 2025. McKissack Daniel estimates her firm’s take will be conservatively about $30 million over the next six years.
On Track to Make $30 Million in Six Years
In addition, her company is also serving as an independent engineer for the New York Metropolitan Transportation Authority’s (MTA) Capital Budget Program. it will provide operational audits for 50 massive comes as a part of the agency’s $32 billion capital budget to help enhance its massive transit system. McKissack Daniel says the contract will produce an $80 million fee paid to her firm over a seven-year amount. Future growth plans demand following new work at Terminal Six at JFK airport and an estimated $30 billion rail tunnel project linking new york and New Jersey called the gateway Terminal.
McKissack Daniel says an ongoing challenge is gaining access to massive contracts as a primary contractor. “We still need to extremely force that issue and forced the lock a lot of non-public sector work with Fortune one hundred corporations,” she says. “We need to still win mega-projects as a prime contractor.”
In another venture, McKissack Daniel’s firm is investing $100,000 in legacy Engineering, a new mechanical, electrical, and plumbing startup that will target government, private corporations, and cultural centers among its clients. “We are really building this firm to assist black engineering entrepreneurs to become their own business owners.”