Tuesday, April 21, 2015

Arcadia GlassHouse to Madison Village with the help of Sequoia Realty Corp!

 

Check out the article below discussing the move of Arcadia GlassHouse to Madison, OH. We helped Mr. Kenyon find and purchase this new building! 

Painesville Township manufacturer moving into larger Madison Village building

A manufacturing company that makes glass greenhouses for clients nationwide is moving into a larger warehouse nine miles east in Madison Village this year.

Arcadia GlassHouse, an 11-year-old business based in Painesville Township, purchased the former Wonder Bread distribution center at 354 N Lake St. for $190,000 back in February.

The company, whose customers include the Cleveland Metroparks Zoo, Cincinnati Zoo, Maine Botanical Garden, Glacier National Park in Montana and Henry Ford Estate in Michigan, is working on moving its headquarters into the 10,000 square-foot space by June, said company founder and owner Jeff Kenyon.

“Right now, it is a neglected square building and we’re going to clean it up and make it look nice,” Kenyon said, adding that some of the work will include replacing windows and doors.

The building has been vacant since February 2013, according to Village Administrator Dwayne Bailey.

Kenyon said the warehouse, which was also used once to manufacture rubber products for Middlefield Village-based Neff-Perkins, doubles the space the company currently rents at 20 Park Road in Painesville Township. He said this extra space allows for an expanded showcase room to present full-scale models of their products.

When finished, the company will move eight full-time positions to the new headquarters and “hopes to add some staff after the move,” Kenyon said. He said his business is growing, but no figure is available to how much they plan to grow their workforce.

Kenyon said his company is applying to be a part of Madison Village’s Edwards Street Tax Incentive District.

Madison Village Council established the tax incentive district around Edwards Street, as well as another one around the Interstate 90 and Route 528 interchange, in October 2012.

Qualifying projects in either district may receive up to a 75 percent real property tax exemption of the improvements to the property for a term of up to 10 years.

If Arcadia GlassHouse wins council approval on the tax incentive, it would be the first  participant in the village’s tax incentive district, said Village Administrator Dwayne Bailey.

“It’s a small one, but its significant,” said Bailey. “We’re hoping this will be the first of many (companies).”
Kenyon said his company spent 1 1/2 years searching among the areas of Perry, Mentor and Painesville for a new home before deciding to move to Madison Village.

Kenyon said several of his employees live in Madison, as does his son and general manager of the company, Paul Kenyon.

The Leroy Township resident said he likes the direction the village and its vibrant downtown area is heading, and he wants his company’s building to fit in with the area.

http://www.news-herald.com/general-news/20150409/painesville-township-manufacturer-moving-into-larger-madison-village-building

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