
Project Name & Location: Elna Magnetics, Saugerities, NY
Project Description:
The project is a pre-engineered metal building with 20,000 square feet of one-story manufacturing and warehouse space, a 1500 square foot loading dock, 8000 square feet of office space on two levels and an 1100 square foot break room.
This facility is one of the first to be constructed under the Ulster County Industrial Development Agency. UCIDA is authorized to issue taxable and tax-exempt industrial development revenue bonds for qualified projects. Qualified projects include commercial, industrial, manufacturing, tourism and certain types of projects for not-for-profit corporations. The financing for qualified projects is provided with the proceeds of the sale of bonds by UCIDA. The bonds are purchased by banks, investment bankers, insurance companies and other financial institutions selected by the benefited company. The lease or purchase payments equal the debt service payments due on the bonds. This structure enables the benefited company to realize significant exemptions from certain New York State taxes. This structure also provides substantially the same security to the financial institution purchasing the bonds as in a conventional financing.
Project Highlights:
During the pre-construction design phase, Meyer Contracting provided extensive value engineering and redesign all of which resulted in substantial savings for the Owner
- Foundation re-design
- HVAC system re-design
- Site work re-design
- Mezzanine structural steel to provide bar joists and electric fixtures
allowing for HVAC cost reduction and ease of installation
- Value engineering was able to save $ 300,000 on project costs
Some of the special features of this facility in the building include a three-phase 480 volt electric system to allow for lower amperage and flexibility and versatility in machinery; rigid electric conduit throughout the manufacturing area as a safety precaution, a state-of-the-art bus duct system for the manufacturing area, high efficiency lighting throughout, provision for a future generator connection, full sprinkler system with back-up pump, water filtering pits for reuse of water for machinery, a stainless steel cable stair rail system to the second floor office areas, a truck loading dock with mechanized dock leveler, double insulated low E glass windows, an elevator and a glass viewing area from the offices to the manufacturing area. The site features flow-through planting beds, which filter out solids entering from the roof drain system so they do not enter the storm sewer system.
"Team" Roster:
The project was successful because of the "team building" approach, starting with design and value engineering and which continued throughout the project with input from:
•Architect, Scott Dutton Associates
•Owner’s representative for Elna Magnetics, Joe Ferraro
•
Veith Electric
•
DiLemme and Sons, Inc.
•JP Masonry
•Liberty Iron Works
•International Contractors
•Steel Solutions NY, Inc.
•
Dutchess Overhead Doors
•
Rondout Plate and Mirror
•AP Window Caulking
•
DiBernardo Tile Co.
•
JPH Painting
•Schindler Elevator
•Ashley Mechanical
•Albany Fire Protection
Thanks to everyone for pulling together as a team and making this such a successful build.
Project Owner: Joe Ferraro, Elna Magnetics
“We were pleased that we did not have the stereotypical contractor experience with Meyer Contracting with our building project. Their professional and customer driven approach was wonderful to work with. Our choosing to use Meyer Contracting was based upon their ability value engineer and problem solve and they exceeded our expectations.”Architect: Scott
Dutton -
http://www.sda-architects.com/Project Value: $ 3.8 Million
Construction Dates:
This project was begun in March 2009 and the Owner took occupancy of the manufacturing and warehouse October 15, 2009 and the office area December 1, 2009, all right on schedule.