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Electrical Company Brings New Investment, Jobs to Old Town

Thursday, February 19, 2015   (0 Comments)
Posted by: Michelle Rahl
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FOR IMMEDIATE RELEASE
February 19, 2015

Sara Parkinson, LEAP

(517) 702-3387 x 209

sara@purelansing.com 

Electrical Company Brings New Investment, Jobs to Old Town
United Electrical Contractors, Inc. plans to renovate blighted building on North Larch 

LANSING, MI – Mayor Virg Bernero and LEAP President and CEO Bob Trezise today announced that a blighted building in Old Town will soon be redeveloped as the new home for United Electrical Contractors, Inc. (UEC).   With the assistance of a city economic incentive, UEC plans to invest $600,000 to renovate the building and create 32 new, full-time jobs in the city.

Scott Flegler, owner of Kaynick Properties and UEC, recently acquired the property, located at 1308 N. Larch, and has requested an Obsolete Property Rehabilitation Exemption Certification (OPRA) that will reduce property taxes on the building improvements for the next 12 years.  After completion of the project, the City of Lansing will receive an estimated $140,000 in new tax revenues and Kaynick Properties will realize savings estimated at $76,000.

“The vibrant commercial community in Old Town continues to act as a powerful magnet for new companies looking to locate in Lansing,” said Mayor Bernero.  “Thanks to Scott Flegler and his team for believing in Lansing and for being an important part of our economic resurgence.”

“We have been looking for a permanent home for our company for some time and believe that this property not only provides us with the additional space that we need to continue to grow but also allows us to participate in the continued revitalization of the Old Town neighborhood,” said Scott Flegler, owner of Kaynick Properties and United Electrical Contractors, Inc.

“The UEC project is definitely a win-win for the Lansing metro region,” said Bob Trezise, President and CEO of LEAP. “With the help of the city’s OPRA incentive, the company will be able to grow and hire new people, while redeveloping a blighted property in Lansing’s Old Town.  This will help us attract even more new companies to our region as a whole.”

LEAP will refer the OPRA application to the Lansing City Council at their regularly scheduled meeting on Monday, February 23, where it will be assigned to the Development and Planning committee for further review.

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The Lansing Economic Area Partnership (LEAP) is a coalition of area leaders committed to building a prosperous and vibrant region where business can thrive. To do this, we help entrepreneurs start new businesses, help existing businesses grow, and attract new businesses to the region. For more information about LEAP, please visit www.purelansing.com.


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