Midwest City Scoop: Construction Starts in Indianapolis
Total Construction Spending Expected to Grow by More Than 5% in 2018
The institutional and commercial and manufacturing sectors should show healthy growth next year.
City Grill
Sam Mishelow
Chief Strategy Officer
Meyer Najam Construction
Mishelow develops the long-term strategy for one of the Indianapolis area’s most diversified builders.
“Multifamily is on fire right now,” Mishelow says. “All developers of market-rate multifamily are doing well, especially downtown. That looks to continue, I’d say, at least the next two to three years. We see that in hotel and hospitality as well. We’re seeing increased demand for relatively high-end multifamily that’s appealing to the millennials that want to be downtown and can afford the amenities and green space.”
Firm in Focus
Meyer Najem Construction
11787 Lantern Rd., Fishers, Ind.
CEO: Anthony Najem
Employees: 95
Founded: 1987
What’s Next: Meyer Najem broke ground this month on the $13.7-million CEDIA global headquarters in Fishers, Ind., a 40,000-sq-ft home for the technology industry trade association.
