East Lansing-based Kincaid Building Group has added a name to its flag, although the players are the same.
Soon after Ryan Kincaid started the building and development company, Ryan Henry joined his boyhood friend. Now, the company name reflects their partnership: Kincaid Henry Building Group.
In business five years, the company posted a 420 percent increase in gross revenue in 2008 over the previous year and Henry expects 2009 to look good as well. Kincaid Henry can no longer be called a start-up.
Henry projects the company will hire another project manager and an assistant project manager later this year, taking its employee base to nine to handle the growth he foresees.
“We have some very neat private development projects coming up in a few months that I can’t talk about yet,” he teases. And he will not give hints.
Big projects in 2008 included the relocation of Career Quest Learning Center into a 50-year-old rehabbed building, DBI’s renovation, the expansion of the Riverwalk Theatre and the repurposing of Cedar Street School into the Old Town Medical Arts Building.
Kincaid Henry’s new marketing plan features a revamped website, complete with video describing a few past projects.
“We’ve taken on some projects others wouldn’t do, because they didn’t know how to figure the costs,” Henry says. Opening an old building can bring unpleasant surprises requiring experience and commitment to thinking green.
The company specializes in “brown on green” development, using government brownfield incentives that apply to contaminated sites, and turning them into productive urban projects.
“There is nothing more green than re-using an old building,” Henry says.
Source: Ryan Henry, Kincaid Henry Building Group
Gretchen Cochran, Innovation & Jobs editor, may be reached here.
All Photographs © Dave Trumpie
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