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06-22-2007 Sale will facilitate expansion of 2 downtown businesses
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06-22-2007 Sale will facilitate expansion of 2 downtown businesses
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o�sou Tx <br /> F dx <br /> :J b <br /> W eFacE � � <br /> y� a 1, a2 <br /> 1865 <br /> Office of the Mayor <br /> NEWS RELEASE <br /> Friday, June 22, 2007 <br /> 5:00 PM <br /> Sale will facilitate expansion of 2 downtown businesses <br /> Contact: Mikki Dobski, Director of Communications&Special Projects, 235-5855 or 876- <br /> 1564, or Bill Schalliol, city planner, 235-5842 <br /> Two downtown-area businesses will begin expansion this summer, after the South Bend <br /> Redevelopment Commission approved the sale of a city-owned property that allows one <br /> business to move into a larger facility and its current neighbor to expand. <br /> The Redevelopment Commission unanimously approved a staff recommendation Friday <br /> (June 22, 2007)to sell the former Enzyme Research property, 412 S. Lafayette Blvd., to <br /> Wightman Petrie Inc., a company of engineers, surveyors and landscape architects with <br /> offices at 713 S. Scott St. <br /> Wightman Petrie is offering $131,000 to buy the facility, in which the company plans to <br /> invest $80,000 to $100,000 in renovation to serve its daily needs as well as to improve <br /> the fagade and landscaping. The company also sought immediate access to the property to <br /> perform maintenance and repairs, and begin renovation. <br /> The 9,000-square-foot facility has been vacant since 2006 when Enzyme Research and a <br /> sister company, R2 Diagnostics, moved into a more than 25,000-square-foot facility at <br /> 1801 Commerce Drive, on the south side of South Bend Regional Airport. <br /> The sale and relocation also will allow for the Wightman Petrie's current neighbor, AB <br /> Custom Fabricating, 707 S. Scott St., to expand into the firm's existing facility for which <br /> a sale already has been negotiated, according to David M. Rafinski, Wightman Petrie vice <br /> president. <br /> "Just last year, [AB Custom Fabricating] completed a building addition to their current <br /> operation and has found the need for further expansion of their business. We view this <br /> proposed project with the Enzyme Research building and our current property as a <br />
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