City Grill

Dan Lawson 
EVP Business Development/Partner
Meyer Najem

“The construction business in [Indianapolis] today is the best I’ve seen it in 20-plus years in the industry. Even with rising interest rates and labor and material shortages, owners are moving forward with their projects,” Lawson says. “The multifamily sector continues to stay strong, along with public and kindergarten through 12th grade work. One of the hot topics is Indiana Code 5-23 Building, Operate, Transfer (BOT). This code has been in effect for approximately seven years and can only be used by public entities such as cities, towns, counties and townships. It is a procurement model for public entities to get capital projects done. Under this code, the development, construction and design can be procured based solely on qualifications. This model allows for a faster procurement process, lowering insurance costs, avoiding a public bid process, guaranteeing pricing on financing and construction [in a] transparent open book process and mitigating all risk to the public entity.  Essentially, it is a private-public partnership. It’s becoming the mainstream way for public entities to get projects done on time and at budget.”  Meyer Najem is proud to announce that we delivering the first public library project under BOT and the first K-12 project as well.