Ancon Construction Marks a Milestone as One of Only 182 ESOPs in Indiana

Ancon Construction Marks a Milestone as One of Only 182 ESOPs in Indiana

by | Jun 20, 2025

Celebrating 50 Years of Commercial Construction:
Ancon Construction Marks a Milestone as One of Only 182 ESOPs in Indiana

In 2025, Ancon Construction proudly celebrates 50 years of building the future of communities across Northern Indiana and beyond. As we mark this half-century milestone, we are equally proud to celebrate another defining feature of who we are: Ancon Construction has been a 100% Employee-Owned company since 1999, a distinction that sets us apart in more ways than one.

While there are thousands of construction firms across the country, very few are structured as Employee Stock Ownership Plans (ESOPs). In fact, according to the National Center for Employee Ownership (NCEO), there are only 182 ESOPs in the entire state of Indiana, and Ancon Construction is one of them.

Being an ESOP means more than just shared ownership; it means shared vision, shared responsibility, and shared success. Every employee at Ancon is an owner, invested not only in the quality of our projects but also in the company’s long-term growth. This ownership mindset drives the pride, performance, and partnership our clients have come to expect.

Since 1975, Ancon has grown into a regional leader in the construction industry, utilizing our proven Integrated Design-Build project delivery approach. This method has been delivering innovative commercial and industrial spaces since 1975. From office and dental to manufacturing plants, nonprofits, and more, we bring our clients’ visions to life with a collaborative approach rooted in transparency, relationships, and craftsmanship.

As we celebrate five decades of excellence, we also look forward to the next 50 years, powered by a team of dedicated employee-owners who are committed to building smarter, stronger, and together.

Here’s to 50 years of legacy and leadership. Here’s to ownership. Here’s to shared success!

About Ancon Construction:
Ancon Construction is a leading commercial design-build contractor offering services such as planning, architectural design, construction, remodeling, and maintenance. Headquartered in Goshen, Indiana, the company is 100% employee-owned and has been a cornerstone of the Michiana community’s architectural and construction landscape since 1975.

For more information about Ancon Construction, contact Amy Self, Ancon Construction’s Marketing Manager, at 574.533.9561, [email protected], or visit anconconstruction.com.

Our People, Their Story. Bryan’s Story with Ancon Construction

Our People, Their Story. Bryan’s Story with Ancon Construction

by | Feb 22, 2025

 

Our People, Their Story: Bryan’s Story with Ancon Construction

Bryan’s journey with Ancon Construction spans more than a decade, beginning with a high school internship and evolving into an architectural design role. Reflecting on the past five years as an Employee Owner, Bryan describes his experience as one of both personal and professional growth.

Bryan’s path into the construction industry started at Goshen High School, where he participated in the ICE (Internship Cooperative Experience) program. He spent his entire senior year interning at Ancon, working mornings throughout the fall and spring semesters. After graduating, he pursued architecture at Ball State University and returned to Ancon during summer breaks. Upon earning his degree, he took a design role at Jayco, where he spent five years creating luxury fifth-wheel RVs.

When an opportunity arose at Ancon Construction on their design team, he returned. Since then, he notes this change within the company: “We’re busier than ever, and the type of projects we take on have become more refined,” he explains.

Bryan has always known he wanted to be a designer in an environment that continuously challenges him. One of the aspects he values most is Ancon’s employee ownership model. “Being an Employee Owner is a game changer,” he says. “It’s a massive financial perk, but more importantly, it creates a culture of shared investment and accountability.”

Among his many projects, the Ice Box expansion stands out as the most complex. “It’s not just a skating rink,” he explains. “We had to integrate old and new spaces seamlessly while raising the existing lobby floor by one and a half feet.” The intricacy of the design and the problem-solving required made it a memorable challenge. Another highlight of his career is Shady Creek Winery, a project that was both visually stunning and personally fulfilling. “Attending the ribbon cutting and seeing people’s reactions to the finished space was surreal,” he recalls.

What keeps Bryan engaged in his role is the variety of projects Ancon takes on. “Every day is different. One day, I’m working on programming; the next, I’m developing high-quality renderings for a different project.” Over the years, his role has evolved, transitioning from being behind the scenes to taking on more responsibility. “I now serve as the primary design contact on select projects, collaborating closely with the project manager and superintendent to ensure everything runs smoothly.”

One of Bryan’s proudest moments has been seeing the projects he designed come to life, from the initial design phases to the grand openings. “It’s incredibly rewarding to witness the impact our work has on communities, whether it’s our office, or another landmark project.”

For those starting their careers in design or construction, Bryan’s advice is simple: “Buy in, ask for help, and don’t be afraid to take risks. That’s the best way to grow.” He believes success in his role comes from teamwork and a willingness to learn. “I’ve always strived to absorb as much knowledge as possible from experts in different areas.” At Ancon, he continues this approach, building strong relationships with superintendents and field staff.

The collaborative environment at Ancon makes it a unique place to work, with a culture that encourages growth and innovation. “We all contribute to the success of our projects, and that makes a huge difference.”

As Bryan looks ahead, he’s excited about Ancon’s future and the projects to come. His journey is a testament to continuous learning and the impact of a company that invests in its people.

About Ancon Construction:
Ancon Construction is a leading commercial design-build contractor offering services such as planning, architectural design, construction, remodeling, and maintenance. Headquartered in Goshen, Indiana, the company is 100% employee-owned and has been a cornerstone of the Michiana community’s architectural and construction landscape since 1975.

For more information about Ancon Construction, contact Amy Self, Ancon Construction’s Marketing Manager, at 574.533.9561, [email protected], or visit anconconstruction.com.

Habitat for Humanity of St. Joseph County Broke Ground on New Homeownership Training Center and Main Office

Habitat for Humanity of St. Joseph County Broke Ground on New Homeownership Training Center and Main Office

by | Oct 18, 2024

Pictured left to right: Andy Place Sr., Place Builders President; Matt Krause, Ancon Construction Superintendent; Matthew VanSoest, Ancon Construction Lead Project Designer; Jim Williams, President and CEO of Habitat for Humanity; Doug VonGunten, Ancon Construction President; Mayor Dave Wood, City of Mishawaka; Jeff Rea, South Bend Area Chamber of Commerce President; Tim Schrock, Ancon Construction Project Manager.

 

Habitat for Humanity of St. Joseph County Broke Ground on New Homeownership Training Center and Main Office

Ancon Construction is proud to partner with Habitat for Humanity of St. Joseph County on its new Homeownership Training Center and Main Office, located at 524 E. McKinley Ave, Mishawaka. The groundbreaking ceremony took place on Thursday, October 17.

The project involves an 11,500-square-foot adaptive reuse of a former medical office building, featuring a complete interior overhaul and a transformative exterior renovation. The redesign aims to restore the building’s original 1961 architectural features while modernizing its exterior with new entrance canopies. Inside, the two-story facility will include offices, open workspaces, conference rooms, lounge areas, a board room, an outdoor patio space, and a 60-person training room.

“Ensuring all interior work and communal spaces have access to natural daylight is achieved through the building’s ribbon window features on both the north and south facades,” explained lead project designer Matthew VanSoest. Habitat for Humanity’s national branding and color palette will be incorporated into the interior, alongside unique wood screen walls and feature walls that symbolize the non-profit’s work in building homes.

Doug VonGunten, President of Ancon Construction, which is leading the renovation, expressed the company’s appreciation for the opportunity to partner with Habitat for Humanity: “On behalf of all the Employee Owners at Ancon Construction, we are deeply grateful for the opportunity to partner with Habitat of Humanity of St. Joseph County to design and renovate their new corporate office. Habitat’s mission closely aligns with our core values here at Ancon, and it has been a true privilege to be entrusted with this project. We look forward to transforming this building so that Habitat can continue to transform St. Joseph County.”

The new Training Center is expected to serve 750 to 1,000 community members annually, offering educational programs on budgeting, credit improvement, fire and home safety, estate planning, and home maintenance. “This 75-person Training Center reflects our commitment to empowering individuals with the knowledge and skills needed for successful homeownership,” said Jim Williams, President & CEO of Habitat for Humanity of St. Joseph County. “With the generous support of donors like Key Bank and the Judd Leighton Foundation, this debt-free facility will allow us to focus on building more attainable workforce housing.”

The building is expected to be completed in the Spring of 2025 and is strategically located adjacent to the new fire station, making it a prominent addition to the ongoing improvements along the McKinley Corridor, which will include the widening of McKinley Avenue.

For more information, please contact Amy Self, Ancon Construction’s Marketing Manager, at 574.533.9561, [email protected], or visit anconconstruction.com.

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About Ancon Construction: 
Ancon Construction is a leading commercial design-build contractor offering services such as planning, architectural design, construction, remodeling, and maintenance. Headquartered in Goshen, Indiana, the company is 100% employee-owned and has been a cornerstone of the Michiana community’s construction and architectural landscape since 1975.

For media inquiries or further information, please contact Amy Self, Ancon Construction’s Marketing Manager, at 574.533.9561, [email protected], or visit anconconstruction.com.

The Ground Has Been Broken on Ryan’s Place “Home for Healing Hearts” Project.

The Ground Has Been Broken on Ryan’s Place “Home for Healing Hearts” Project.

by | Oct 16, 2024

Pictured Left to Right: Lindsey Diener-Locke, Ryan’s Place Program Director; Mathew VanSoest, Ancon Construction Lead Project Designer; Doug VonGunten, Ancon Construction President; Eunice Munn; Rex and Nancy Gleim; Aileac Deegan, Ryan’s Place President and CEO; Bill Purcell, President of Crossroads United Way; State Rep. Joanna King, Glen Kauffmann, Ancon Construction Project Manager.

The Ground Has Been Broken on Ryan’s Place “Home for Healing Hearts” Project.

Ancon Construction is proud to announce the groundbreaking of Ryan’s Place “Home for Healing Hearts” project. This 18,000-square-foot facility on Regent Street in Goshen will serve as the new home for Ryan’s Place, a vital organization dedicated to supporting grieving families. The building will provide a safe, nurturing space for children, teens, and families, offering grief support programs in a purpose-built environment.

“On behalf of the Ancon Employee-owners, I am both proud and grateful to partner with Ryan’s Place in designing and constructing their new building, “Home for Healing Hearts,” shares the President of Ancon Construction, Doug VonGunten. Breaking ground on this project marks a significant milestone for Ryan’s Place to have their own building to continue their mission of supporting grieving children and their families.”

Aileać Deegan, President and CEO of Ryan’s Place, expressed her excitement about the project: “This is a promise to the community—a dedicated space for grieving families to heal and ensure we can continue offering our vital services for years to come. Every child, teen, and family who walks through our doors feels seen, supported, and empowered in their grief journey.”

Key features of the “Home for Healing Hearts” include specialized rooms for art, high-energy activities, music therapy, and theater, all designed to meet the diverse needs of grieving families. The building will maximize natural light and create a warm, welcoming atmosphere that feels more like a home than an office, fostering a sense of community and connection.

“Throughout the design process and through case study research of other successful centers around the country, we acknowledged that the built environment has a direct relationship to the variety of ways people grieve. Sensory design, lighting, material use, and color are all direct variables we had to consider,” stated Ancon Construction’s lead project designer Matthew VanSoest.

“The ‘Home for Healing Hearts’ will be a lasting symbol of our commitment to the community,” said Deegan. “It allows us to reach even more grieving children and families, ensuring no one has to navigate their grief journey alone.”

For more information, please contact Amy Self, Ancon Construction’s Marketing Manager, at 574.533.9561, [email protected], or visit anconconstruction.com.

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About Ryan’s Place: Ryan’s Place was founded in 2002 to fill the gap in grief support for children, teens, and families after the loss of a loved one. Named in honor of Ryan Gleim, who died in 1992, the center was inspired by the need identified by Ryan’s family and local therapists. Today, Ryan’s Place offers a safe and supportive environment for over 1,000 individuals each year through various grief support programs.

About Ancon Construction: 
Ancon Construction is a leading commercial design-build contractor offering services such as planning, architectural design, construction, remodeling, and maintenance. Headquartered in Goshen, Indiana, the company is 100% employee-owned and has been a cornerstone of the Michiana community’s construction and architectural landscape since 1975.

For media inquiries or further information, please contact Amy Self, Ancon Construction’s Marketing Manager, at 574.533.9561, [email protected], or visit anconconstruction.com.

What Do Banks Like To See When Asking For A Commercial Construction Loan?

What Do Banks Like To See When Asking For A Commercial Construction Loan?

by | Feb 22, 2024

 

What do banks like to see when asking for a commercial construction loan?

 

If you’re planning to build a commercial property or undertake a major renovation project, you’ll likely need to secure financing through a commercial construction loan. These loans are specifically designed to cover the costs associated with commercial building projects and require a different set of documentation and requirements than a traditional business loan.

Here are some of the key factors that banks typically look for when considering a commercial construction loan application:

  1. A strong business plan: Banks will want to see a detailed business plan that outlines your project’s scope, including blueprints, architectural drawings, permits, contractor bids, and timelines. This plan should also include a detailed breakdown of the costs involved in the project, as well as an estimate of the property’s value upon completion.
  2. Strong credit history: As with any loan application, banks will want to see a solid credit history demonstrating your ability to make timely payments and manage debt responsibly. A high credit score and a low debt-to-income ratio can help increase your chances of being approved for a commercial construction loan.
  3. Adequate collateral: Commercial construction loans are typically considered riskier than traditional business loans, so banks may require additional collateral to secure the loan. This could include a lien on the property or other assets, such as a vehicle or investment account.
  4. Sufficient cash reserves: Banks will also want to see that you have enough cash reserves to cover unexpected expenses that may arise during the construction process. This could include things like delays in construction, unexpected material costs, or changes to the scope of the project.
  5. Experienced contractor: Banks will want to see that you’re working with an experienced and reputable contractor who has a track record of successfully completing similar projects. They typically require that the contractor be licensed and insured. Completing schematic drawings and understanding the actual construction cost can save time and additional questions from the bank’s underwriters. These documents should be included with your loan application.
  6. Proven track record: If you’re an established business owner, banks will want to see a proven track record of successful projects and profitability. This can help assure the lender that you have the experience and financial stability to manage a large-scale construction project.
  7. Projected cash flow: Banks will want to see that the property will generate sufficient cash flow to cover loan payments and operating expenses once the construction is complete. This could include projections of future rental income, sales revenue, or other revenue streams.

Securing a commercial construction loan requires a thorough and detailed application process. By working with a knowledgeable lender and providing all the necessary documentation and requirements, you can increase your chances of being approved for a commercial construction loan and successfully completing your building or renovation project.

Ancon Construction would love to help answer your commercial construction loan questions and learn more about your vision. A 100% Employee-Owned True Design-Build Construction firm since 1975. 

Let’s get your project started…together.