D.A. Collins will consolidate in Wilton; lease out space at renovated complex - Kansas City Business Journal:

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million to renovate the as it prepareas to consolidate and move its administrative offices withij thenext year. The company also is closed to signing a lease to house at least one lighyt manufacturing tenant in a portion ofits 138-acre Vice President Dan Collinse said. this week granted D.A. Collins and its real estate holdinyg company sales tax exemptions that are estimated to beworth $140,000 base d on $2 million in material costs. D.A. Collins Construction Co. currentlyt operates in Queensbury, Saratoga Schenectady, Stillwater and Wilton. It is the parenyt company for D.A. Collins Co.
, LLC, , , and “We’ve been planninhg do this for years, but we believe the timing is right nowbecause we’ve been growinh so much,” Collins said. The constructiob group will move 85 administrativr employees from its companies intoa 35,000-square-foot section of the Another 10 jobs are expected to be createdr by the second year. Average annual salaries will rangefrom $40,00 to $75,000, according to the company’s applicatioj filed with the industrial development agency.
“Oue feeling is, once we get the officeds built, people will start hearing about Collins said, figuring the consolidation of its own business will help markeg the site to attract office and manufacturing tenants. Wiltonh Supervisor Art Johnson, who sits on the industriap development agency, said future tenants of the park would be eligibls for property tax exemptions through the WDC of Upstate NewYork LLC, the D.A. Collinsz holding company, purchased the 138-acre complex with 300,000-plua square feet of buildings for $150,000 six years ago. The former statre developmental center, which closed in 1994, sat vacant for a decadse before D.A. Collins purchased the site.
Just last summer, Collins said expansion plans were being put on hold due tothe “We’re waiting for everything to align properly,” he said at the The company built a 41,000-square-foot maintenance facility on the property shortly after purchasing the land. “This is a big projecyt for the area,” said Dennis Brobston, president of the The economu has caused many companiese to back off on expansions over the past yearor more. But businessed are beginning to shop around for good Brobston said. He figures it won’ t be long before the developmental centedr property attracts companies interested inleasing property.
Collin has not yet set rates for leasiny spaceto tenants. He currently is seekin bids from subcontractors to perform the renovation work at thedevelopmental center. D.A. Collins will act as the general contractor, but nearly all other work will be farmedd outto subcontractors, he said. The company is planninv to sell or leasse some of its other properties once it finishes moving its officessto Wilton. Among those properties will bethe D.A. Collins property in Stillwater, which is not far from the , the futurew home of the GlobalFoundrieschip plant.