Entrepreneur’s Story: DiGeronimo Companies– June 05, 2018 by Randy Myeroff

In this installment of Entrepreneur’s Story, highlighting the journey of successful private companies and their leaders, we focus on Vic, Rob and Kevin DiGeronimo of DiGeronimo Companies based in Cleveland, Ohio. Throughout three generations this tight-knit family has come together to achieve incredible success in growing their excavation, construction and real estate firm.

 Below is an excerpt from their story featured in the spring 2018 issue of Taxonomics

Kevin DiGeronimo is at Pinecrest — a large, upscale retail, office and residential development spanning 1 million square feet of constructed space that’s scheduled to open east of Cleveland, Ohio, in early spring.
“Pinecrest is being built,” Kevin says matter-of-factly, as he surveys the expanse of the development from a fifth-story window, “in the midst of America’s retail apocalypse, and developers and retailers across the country are watching to see how we do.” This apocalypse includes a projected 4,000 physical stores closing — presumably shuttered by the competition from online retailers — between 2015 and 2019.
“The DiGeronimos don’t do substantial projects without extreme due diligence,” says Dave Sobochan, the tax partner at Cohen & Company who works closely with Cleveland-based DiGeronimo Companies. “They combine diligence with extraordinary business instincts. So, no one should be surprised if Pinecrest becomes a national model for how to do retail right in this challenging era.”
Read the full story in Taxonomics to learn more about the family’s model of success.
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