News and Announcements
Capital Gains Media
We’re always trying to figure out ways to substantiate growth in the Capital region. Well, development is a prime example - and in 2011 it was hard to ignore. That’s why we’re dedicating the final issue of Capital Gains (for the year, that is!) to the landmark projects 2011 has brought to the Greater Lansing area. Some are big; others are smaller. However, they all represent ideas and investments that will bolster the growth and future of innovation, creativity, health, community and culture within our region.
Downtown Lansing has been eagerly awaiting the completion of the Accident Fund’s new headquarters in the former Lansing Board of Water & Light Ottawa Street Power Station for years now, and the wait is finally over. The grand opening of the building, which took place on March 29, marked the beginning of the 650-employee transition.
The move also marks $182 million invested in a 334,000-square-foot historic site and room for the company to add 500 more employees over the next ten years. The major renovation project, which was overseen by The Christman Company, was completed utilizing 90 percent Michigan-based contractors, employing 106 statewide.
Hayes Green Beach Memorial Hospital’s AL!VE Health Park in Charlotte is clipping along, thanks in part to a mild fall and steady work from the project troupe of contractors — more than 90 percent of whom are Michigan-based businesses.
The AL!VE facility initiative is viewed by the hospital as a “collaborative, “placemaking” venture bringing together medical professionals, health and wellness experts and members of the community.” Its unique design and aesthetic is synergic with the mission of the hospital.
"When we talk about the health at the hospital, we aren’t just talking about physical health," says Patrick Sustrich, MS, director of health and wellness services at HGB. "We’re talking about regional health, economic health. AL!VE has already helped the health of Michigan by providing more than 200 construction jobs."
The future AL!VE Health Park will total about 65,000 square feet once all project phases are completed.
Neighborhood Empowerment Center
Moving into the former School for the Blind Library - now known as the Neighborhood Empowerment Center - was the culmination of a lot of planning, organizing and investing by the Greater Lansing Housing Coalition (GLHC).
The city helped fund the $2.1 million project with $850,000 in federal Neighborhood Stabilization Grant funding, which allowed GLHC to proceed with the purchase and renovation of the 17,000 square foot building in the Old Town district. Not only is the GLHC now operating out of the building, but the organization’s four tenants - Head Start, the Ingham County Land Bank, the Neighborhood Stabilization Program, and the Spring Garden Project - have moved in as well.
"The intent of the building was to create a one-stop shopping area for all of the community’s housing-related needs," says Katherine Draper, GLHC executive director. "We also have a lot of public areas here to visit and use for meeting space, and a town hall center."
The dream has been a long time coming, but after years of planning and building community partnerships, The Center for New Enterprise Opportunity - or NEO Center - is a reality.
Construction is officially complete at the former Clark Street print shop that now houses NEO Center. The 8,600 square foot facility is a LEED certified business incubator including space for 21 businesses, co-working space, conference rooms, a workout center and office space for building owners and contractors, Kincaid Henry.
“The Ingham County Land Bank was critical in making this happen,” says Ryan Henry, COO of Kincaid Henry. The Land Bank originally purchased the property and facilitated the financing package that made the NEO Center project possible.
After three years, $91 million and nearly 900 jobs created for construction workers, Delta Dental unveiled their renovated headquarters, which was expanded by 28,000 square feet. Also constructed was a new 90,000 square foot office building and 22,500 square foot data center.
The construction was completed to conform to LEED standards, and Delta Dental is currently seeking Gold LEED certification from the U.S. Green Building Council.
“We thought that was very important because building green really helps us create a work environment that promotes health and productivity and reduces our impact on the environment,” says Nancy Hostetler, Senior Vice President of Corporate and Public Affairs for Delta Dental. “It’s very consistent with Delta Dental’s core values.”
Marshall Street Armory
What was at one time a gymnasium, a lecture hall and ballroom for Michigan State University (MSU) and the primary site for military drills while hosting the 1st Battalion 119th Field Artillery has been “transformed inside and out to serve as an efficient workplace and a comfortable, effective public meeting space for local and statewide philanthropic efforts.”
In essence, the 41,000 square foot building is somewhat of a nonprofit hub/incubator, housing the headquarters of organizations like the Capital Region Community Foundation, Michigan Nonprofit Association, Michigan Association of United Ways and the Food Bank Council of Michigan.
Built in 1924, the Armory’s rich history was also preserved.
Peckham Warehouse Facility
Peckham, Inc. has been providing job training and employment opportunities for people with disabilities since 1976. After more than three decades of growth, the nonprofit is now expanding their capabilities with a new 250,000 square foot warehouse.
Like their new Old Town headquarters, opened in March of 2009, the new warehouse facility on Grand River in Lansing will be LEED certified. The purpose of the building will be to make their operations more efficient.
"Peckham is excited about creating a sustainable warehouse which has the capacity to consolidate our warehousing needs in a more efficient space," says Jo Sinha, Peckham corporate vice president.
Construction on the new facility began in Oct. 2010, with $7.8 million invested in the project. Other firms involved in the build are the Michigan companies, Pioneer Construction, Integrated Architecture and the civil engineering firm, Bergmann Associates, Inc..
Artie’s Filling Station
On his daily commute to his Ithaca business, Schrader Environmental, Old Town resident Dale Schrader would pass a deteriorating old gas station on Grand River, and a neighboring home.
“I just always thought they were cool properties,” he says. “It was such a prominent corner there in Old Town, I thought it was important for them to be fixed up.”
Though the 3,200 square foot residence and 260 square foot commercial property were just $15,000 and $25,000 respectively, Schrader rolled up his sleeves to pour time, care and more than $100,000 into the pair. Façade work for the gas station was boosted by a $7,500 Lansing Economic Development Corporation grant.
Schrader’s gas station will soon be the home of Artie’s Filling Station, a specialty coffee shop. Owner, John Miller, has also partnered with Fork in the Road diner to serve his coffee (you can head there to try it now).
The vacant Walker Building in Old Town has a much richer history than that of an abandoned dollar store, and now it will have a much brighter history. The two-story, 8,000 square foot building on North Washington will receive a $600,000 makeover starting in early June.
“There are a lot of reasons to love this project,” says Tony Beyers of Vesta Building Industries. “There is a great sense of satisfaction from restoring an obsolete and deteriorating property into an example of what we can do if we put forth the effort to restore our past.”
The Walker Building has been a part of Lansing since 1909 and historically housed a grocer and the local carpenters union, among other uses. Its future use will be two units of first floor commercial space and five lofts on second floor.
The project is a partnership between Vesta Building Industries, owner Dr. Sam Saboury, the Lansing Economic Development Corporation, the City of Lansing and the Michigan State Housing and Development Authority.
The corner of Michigan Avenue and Marshall Street in Lansing is about to get a long-awaited facelift. “There hasn’t really been any new development on Michigan Ave. on the eastside outside of Sparrow,” says developer Scott Gillespie of The Gillespie Company of his proposed $1.4 million mixed used project. “This will be the first in many, many years and I’m excited to be a part of it.”
The finished product will be a 14,380 square foot, three-story building featuring 12 to 13 apartments and commercial space on the first floor. Gillespie has recently signed with Subway Restaurants as a tenant for about half of the commercial space. Approximately 2,000 square feet of commercial space is still available. The residential portion of the building will include a variety of studios, one- and two-bedroom apartments.
Lansing, MI – You should buy when the market is down, and sell when the market is up. In today’s economy, there are no better words to live by. Lansing and the rest of Michigan recognize this and are working hard to create incentives to ensure that business owners get their chance to purchase property and grow their businesses during this opportune time.
Kincaid Henry was recognized by the Michigan Downtown Conference for turning an abandoned school building into a high tech medical facility with the incentives put in place by the Lansing Brownfield Development Authority. This group, a branch of the Lansing Economic Development Company, offers financial and tax incentives to businesses for cleaning up and redeveloping contaminated and obsolete sites within the city. Buildings that are currently abandoned can now be turned into high tech office spaces and retail areas for growing companies for cheaper than ever before.
Luckily for entrepreneurs looking to expand their businesses, Lansing has three designated local historic districts that qualify for historic tax credit. The state tax credit equals 25% of qualified capital expenditures which may be used over 10 years. These hot spots are located in the Cherry Hill Historic District, Ottawa/Walnut Historic Districts and Darius B. Moon House Historic District. If the charms of these properties are not captivating enough, the incentives to restore these buildings make these areas ideal for small businesses.
Even the state of Michigan is offering incentives to improve its economy. The Michigan Business Tax rewards investment in capital, jobs, and R&D. It also provides small businesses and personal property tax relief.
Businesses and individuals interested in more information can contact Kincaid Henry Building Group to maximize growth and savings.
LANSING, MI - Kincaid Henry Building Group was recently awarded by the 2009 Michigan Downtown Conference for their work on the Old Town Medical Arts Center for the best Downtown Redevelopment Project in Michigan
The Old Town Medical Arts Center, previously the Cedar Street School, was originally built in 1918 and has been left to decay for over 30 years. Kincaid Henry was commissioned to transform the old abandoned building into the modern, high-tech medical facility it is today.
“We are honored to receive this award and are excited to help the owners realize their vision for the building” – Ryan Henry
The new Old Town Medical Arts Center is now home to a physical rehabilitation office, fitness center, arthritis clinic and medical billing company. The green building also features a white roof, and geothermal heating and cooling.
Michigan Downtown Conference is an annual event that is filled with information on the creative steps that can be taken to revitalize a downtown or neighborhood commercial district. The 2009 conference featured a number of professionals and practitioners that shared their proven practices.
Author : Jane Whittington
Construction Entrepreneurs - Kincaid Henry Building Group, Inc.
Just as any construction and development project needs a well thought out plan, considerable expertise and ongoing cooperation, so too does a business.
Ryan Kincaid and Ryan Henry of Kincaid Henry Building Group, Inc. know that. Just as they expertly steer a project from its initial idea through development and on to success, their business benefits from the same conscientious attention to detail, innovation and willingness to work hard to guarantee the best possible outcome. They are changing the Lansing landscape, and, at the same time, growing a flourishing company which will surely be part of Lansing for years to come. At a time when the economy is, shall we say, “challenging,” Ryan Kincaid and Ryan Henry are meeting those challenges head-on and forging ahead.
Co-owners of Kincaid Building Group since 2005, they have been friends far longer. The Ryans met in elementary school in Owosso and had thought about going into business together for many years. Kincaid received his degree from Lansing Community College in architectural design, obtained a residential builders license and went into business for himself in 1999. For the next four years, he was an owner representative/project manager for multi-family, single-family, senior and mixed-use commercial construction companies throughout Michigan. Long interested in and committed to green building and technology, Kincaid received LEED (Leadership in Energy and Environmental Design) AP (Accredited Professional) certification through the U.S. Green Building Council and is now chair of the United States Green Building Council Heart of Michigan Branch which he helped found.
Henry served as a United States Marine Corps sergeant from 1997-2003, stationed in California as part of a heavy equipment engineering battalion. When he returned to Michigan, he and Kincaid finalized the plans they had started making in second grade and became partners in Kincaid Building Group. A founding member of the USGBC Heart of Michigan Branch, Henry is currently vice-chair of Associated Builders and Contractors (ABC) of Central Michigan.
Strong believers in community and professional involvement, Kincaid and Henry are part of the U.S. Green Building Council, Associated Builders and Contractors, Lansing Regional Chamber of Commerce, Big Brothers/Big Sisters, Lansing Community College Academic Advisory Council, City of Lansing Downtown Development Team, Capital Area Construction Council and other such groups.
Kincaid and Henry shared a vision of creating a distinctly different construction company. With a combined 25+ years of experience in both hands-on and management of construction, architecture, engineering, owner representation, planning and development, Kincaid and Henry saw the need for clients to have a construction and development partner who could offer innovative services to assure success.
Kincaid Henry Building Group has built its reputation by promising—and providing—timely and high quality residential and commercial design and construction. Kincaid and Henry bring experience as hands-on builders together with practical construction knowledge. Through careful and constant supervision, open communication and the fostering of good working relationships, Kincaid Building Group assures superior results.
According to Henry, “A client might come to us and say, ‘We need 20,000 square feet; can you help us?’ Our company can provide everything from soup to nuts, inception to completion. We can assist in site selection, research tax and other incentives, design and develop the building or renovation plan, assemble the project staff and see it through from day one to the grand opening.”
With a special expertise in urban redevelopment, Kincaid Henry Building Group is uniquely qualified to take on the challenging and complicated projects that others might avoid. Kincaid Henry Building Group is also establishing quite a name for itself as expert in green building. Says Kincaid, “Not only are we working to become the go-to company for urban revitalization projects in Greater Lansing, we are also striving to be an industry leader in the emerging green building movement. We like the idea of reusing old buildings and breathing new life into what was unused or underused space, and we have a passion for remodeling and renovating. Our goal as a company is to incorporate sustainable construction practices into each project while at the same time meeting the needs of our clients.”
Kincaid’s list of projects include Riverwalk Theatre, Calvary Lutheran Church, Annabelle’s Pet Station, Career Quest Learning Centers, Smith Barney, Campus Village Communities, Ameriprise Financial, and others. For the State of Michigan, they completed a major renovation of the old DARD Building in Old Town, an 1890s-era plumbing warehouse and workshop which is now serving as headquarters of the Michigan Fitness Foundation. Their largest project to date is the renovation of the Cedar Street School building in Lansing which will see its grand opening in May as it becomes a medical office and retail center.
If success depends on the bottom line, Kincaid and Henry are there. In 2008, their net annual sales increased almost 400 percent over the previous year. Starting with only two employees (themselves), they now employ seven and are continuing to grow and thrive. But for these two young entrepreneurs, it’s not all about the bottom line. A commitment to their faith, their families and their community undergird their professional success. Just like the buildings they erect, their foundations are strong. ■
Editor’s Note: As we prepared to go to press with this issue, we were notified that the name of the Kincaid Building Group was being changed to Kincaid Henry Building Group. This change represents and solidifies the partnership of Ryan Kincaid and Ryan Henry
The Lansing Area Capital Gains recently featured CEO Ryan Kincaid and COO Ryan Henry in an article about their effect on the Greater Lansing community.
From the article:
"The East Lansing offices of the Kincaid Building Group bespeak youth and creative thinking. They’re tucked near the Campus Village Communities on Michigan Avenue, just west of the campus of Michigan State University, so the conference room is wedged in with young Spartans shooting pool, lifting weights and grinding out rounds on stationary bikes."
Read the full article at CapitalGainsMedia.com.