KCEDA revealed today that there is new development taking place on Tech Hills.
Klamath Falls, Ore. – There are over 100 acres of certified "shovel ready" land that sit adjacent to Oregon Tech's campus and have in recent years been marketed by KCEDA as part of a larger endeavor to create a full-scale business park consisting of like-minded industry types that serve the existing assets of the basin. Not until now has any new construction taken place on the business park, making today’s announcement an exciting marker of strong economic momentum taking place in the region.
Local general contracting company, Bogatay Construction, Inc., is behind this new investment, where they are going to use the land for developing new divisions to their operation.
Bogatay Construction is a leading Southern Oregon General Contractor having over forty years of experience with a strong and well-established reputation. Vice President of the company, Matt Bogatay, had begun work on the development plan in early 2019. He later brought in KCEDA to use their services in ensuring his company made the most effective investment on the property, where the economic development agency assisted in obtaining multiple incentive options for Bogatay Construction to help the company’s development path be its most cost effective.
Speaking about the project and the help KCEDA provided on getting the project incentives to move forward, Bogatay states, “I am excited to announce that we are expanding right here in Klamath Falls, adding divisions to our company that will produce great living wage positions for the area. We greatly appreciate the excellent help that was provided by KCEDA in this endeavor and look forward to the opportunities this new development will create for Bogatay Construction, as well the Klamath County economy that we are very invested in.”
Rick Abel, a Project Manager at KCEDA, spoke to the organization’s enthusiasm regarding the announcement and how what role incentives play in development projects, saying, “In the work we are involved with, we can provide a large spectrum of services to address client needs. Of these services, a major one is working with companies to identify and acquire incentive options. I’m pleased to see that a local company like Bogatay Construction is taking advantage of these resources to get the most value out of their expansion efforts.” In the case of Bogatay Construction, KCEDA was able to help the company utilize both the Enterprise Zone and Oregon Investment Advantage incentives.
Based on figures provided by KCEDA, the organization asserts the project will be a substantial investment and is estimated to create roughly 15 to 20 new full-time jobs over the next few years. Construction on the project is already underway and the facility is expected to be completed and operational in Spring of 2020.
About the Klamath County Economic Development Association (KCEDA)
KCEDA’s mission is to lead economic development and diversification of Klamath County through targeted recruitment &attraction, business retention & expansion, as well as small business development and entrepreneurship. Learn more about KCEDA and how they can help you, please visit their website, www.ChooseKlamath.com.
About Bogatay Construction
Versatile, experienced and capable, Bogatay Construction, Inc. builds simple and complex structures meeting a variety of aesthetic and functional requirements. Commercial and industrial projects include churches, medical/dental centers, libraries, schools, retail stores, offices, banks, restaurants, movie theaters, hotels, government buildings, public works, warehouses, seismic upgrades, and many more. Providing general contracting services in Oregon since 1970, California since 1991 and in Washington since 2011.
Press release provided from Klamath County Economic Development Assocation.