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A Minneapolis-based general contractor is making a move for its development and construction efforts in Texas, Oklahoma, Louisiana and Arkansas.
Ryan Cos. recently hired Nathan Golik as president of its South Central region, where the construction company has more than 2 million square feet of projects in the pipeline, according to a press release sent to Construction Dive. Since 2012, Golik has worked on a variety of projects in the region, including industrial, office, multifamily, senior and retail.
The 25-year construction veteran is moving from NexCore Group, a national healthcare real estate development and investment company based in Denver. As vice president of NexCore, Golik led more than $2 billion in developments across the country. His expertise focuses on transaction structuring, client development, financial underwriting, rights acquisition and project management.
Some of Golik’s major wins during his time at NexCore include the successful pursuit of five medical office building developments for a major health system in South Carolina. It also achieved preferred developer status with a nationally recognized cancer care operator, resulting in the development of three cancer centers, according to the release.
Here, Golik talks to Construction Dive about risk, what gives Ryan Cos an edge in project delivery and growth trends in the region.
This interview has been edited for brevity and clarity.
Immersion in CONSTRUCTION: How do you plan to enter a region where Ryan Cos. Do you already have work in progress? How will your background help you choose which projects to develop?
NATHAN GOLIK: The culture at Ryan Companies is strong and I intend to maintain that and improve the work we are doing by focusing on growing our development business and improving our operational excellence.
Nathan Golik
Courtesy of Ryan Cos.
I have had the benefit of working transactions from start to finish. This knowledge of each component of the development lifecycle will allow me to contribute my expertise to improve the timing and delivery of assets for our equity partners.
In today’s uncertain market, capital seeks certainty.
In the south-central region, where do you see the greatest risk of project execution at the moment?
Although construction prices have moderated, lack of manpower in key trades remains a risk.
We mitigate this through our relationships with key business partners. I strongly believe that the first 85% of designing and planning a transaction is where most of the risk can be removed. Our integrated design and construction methodology is specifically structured to identify and resolve these risks from the outset.
Where does Ryan’s integrated design and build model create the greatest advantage?
The execution process is the same for the delivery of an office building or a data center.
The key to success is specialized knowledge for each specific type of product. Ryan’s extensive experience in various industries ensures that we bring precisely the right expertise to each project at the right time.
Our model thrives when dealing with complex projects that require time-sensitive delivery. In these examples, we shine, which is reflected in the amount of repeat business from our top customers.
Discipline in activities is always necessary, as we can all be busy chasing opportunities, but we must be productive. By investing heavily in early discovery, we ensure a deep understanding of customer needs and create a foundation for mutual success.
What other trends have caught your eye?
The continued influx of businesses finding a permanent home in the south-central region continues to grow.
street all [the rapidly developing financial corridor] in Dallas will be a major growth driver for financial institutions. Additionally, there has been a significant increase in advanced manufacturing companies seeking to relocate to the region.
