Prior to 2015, Taft Construction Group (TCG) was know as Waterford Contracting II. It served as a vehicle for Taft Development Group to build apartments without the expense and loss of control associated with the use of a third party general contractor. Beginning in 2015, what is known as Taft Construction Group, began operating as a profit-generating entity for Taft Development Group under the direction of Glenn Crum as President, Tom Taft, Sr. serving as Chairman of the Board, and Thomas F. Taft, Jr and Mike McCarty serving as Vice Presidents.

Currently, TCG has built of over 1,500 residential units in both North Carolina and South Carolina, creating projects worth more than $145 million, all of which were completed on schedule and under budget.