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BUSINESS NEWS GENE SIEVE RECEIVES TOM ROCHE LIFETIME ACHIEVEMENT AWARD The Minnesota Chapter of the American Council of Engineering Companies has named Gene Sieve, Burns & McDonnell vice president and general manager of the Minneapolis-St. Paul office, the 2018 recipient of the Tom Roche Lifetime Achievement Award. The award is the highest individual career achievement honor given by the organization, recognizing long- term contributions and commitment to the consulting engineering profession and broader community. Sieve established the first Burns & McDonnell office in Minnesota in 2007. He has since grown the team to nearly 100 employee- owners. Under Sieve’s leadership, Burns & McDonnell has received numerous local workplace accolades, including the 2017 ACEC Minnesota Firm of the Year Award. “On behalf of all our employee-owners, I want to congratulate Gene for this well-deserved award,” says Paul Fischer, president and regional office group manager. “I’ve had the pleasure of working with Gene for many years and he is a true leader in the industry. His commitment, vision, and passion to providing high-quality solutions for clients inspires fellow employee-owners and industry professionals across the United States.” Sieve recently served a one-year term as president of ACEC Minnesota and has been actively involved in the organization for more than 20 years. He serves on the board of directors for the Metropolitan Economic Development Association, focusing on providing opportunities to minority entrepreneurs, as well as The Works Museum, an interactive experience gallery engaging youth in STEM activities. He also serves on the Dean’s Advisory Council for the Jerome J. Lohr College of Engineering at

South Dakota State University, Sieve’s alma mater. Burns & McDonnell is a family of companies made up of more than 6,000 engineers, architects, construction professionals, scientists, consultants, and entrepreneurs with offices across the country and throughout the world. We strive to create amazing success for our clients and amazing careers for our employee-owners. Burns & McDonnell is 100 percent employee-owned and is proud to be on Fortune ’s 2018 list of 100 Best Companies to Work For. $60 MILLION SENIOR AND MULTI-FAMILY LUXURY HOUSING RECEIVES THUMBS UP FROM DAYTON, OHIO TRUSTEES Sugarcreek Township, Ohio trustees unanimously approved construction Monday of The Grand of Sugarcreek and Rollandia Greene, a $60 million luxury senior living and multi-family community just south of Dayton. The Grand of Sugarcreek is a joint venture between developer Guttman Properties, a Cincinnati-based development company focusing on senior housing and upscale apartment communities, and Civitas Senior Living, LLC, a Fort Worth, Texas, management company known for its innovative culture and dedication to delivering a passionate experience for every resident. General contractor is DMK Development Group of Louisville, Kentucky, and the architect is Ph7 Architects of Columbus, Ohio. The senior communitywill be built on of 16 of the 42-acre Rollandia Golf Course in Sugarcreek Township, Greene County. Groundbreaking for the senior living community is expected to begin in the third quarter of this year, with completion scheduled for winter, 2019, said Ian Guttman, CEO of Guttman Properties. The multi-family community will follow soon thereafter.

Located at 4990 Wilmington Pike in Dayton, the community will offer 242 senior living residences and 276 multi-family residences. The senior community will have a mix of independent senior lifestyle cottages, assisted living suites, and memory care suites. The Grand of Sugarcreek will offer a maintenance-free lifestyle that allows senior citizens independence and privacy, as well as connectedness to a caring community. Features include: private residences; resort- quality amenities and services; chef-prepared meals; 24-hour professional care; and elegantly landscaped grounds in a serene setting. “Civitas and Guttman Properties have a shared commitment to building and operating excellent living communities for seniors,” said Guttman. “Studies have shown that seniors who live in housing that offers a resort-like experience feel connected to a community and have a better quality of life.” “Our passion is people, and our mission is to inspire active, healthy, and happy lives,” said Powell. “From activity programming to medication management to culinary experiences and more, Civitas’ Passion Program is the guiding force behind our company’s mission: To live every day with passion.” Established in 2006, pH7 is a complete commercial architecture firm. As a group of architects, designers, and business people, we take a balanced and creative approach to every aspect of every job for every one of our clients. We provide a wide range of solutions to a continually growing variety of smart organizations from various industries – ranging from senior living to student housing, hospitality to healthcare, and from mixed-use communities to boutique retail shops.

CONFERENCE CALL, from page 7

acquisition plan and then decide where you want to be five years out. They both provide important aspects to growth, but should be driven by your long-term strategy. Plenty of firms have acquisition strategies to grow. We have a growth strategy that might include some acquisitions. “Develop a strategic growth plan and determine whether you need any acquisitions to get there. Don’t develop an acquisition plan and then decide where you want to be five years out.” TZL: What’s your prediction for 2018? DM: It’s consistent with 2017, which was a strong year in most of our markets.

be on remediation programs if Washington, D.C. wants to water down regulations. Many companies are going to con- tinue to follow their mission and clean-up sites, or improve their environmental footprint regardless of what happens. Any economic downturn will eventually affect the tax rev- enue of communities, but there’s a significant lag there. I think we’ll see continued robustness in the market for an- other 12 to 18 months but there is potential for an upset af- ter that, particularly if Washington does not pass a signifi- cant infrastructure bill. TZL: While M&A is always an option, there’s something to be said about organic growth. What are your thoughts on why and how to grow a firm? DM: Develop a strategic growth plan and determine wheth- er you need any acquisitions to get there. Don’t develop an

THE ZWEIG LETTER July 16, 2018, ISSUE 1256

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