Residential Commercial Remodeling
Residential commercial remodeling is a great way to repurpose an existing structure for new purposes without spending a lot of money on a brand-new building. It also helps boost resale value should the property ever be sold.
However, it’s important to plan well ahead to avoid inconveniencing employees and customers while the remodel is underway.
Design
While the design phase of any remodel requires a significant investment, it is an integral step that helps ensure the project will meet the client’s long-term goals. This process includes creating a master remodeling schedule, detailing each phase of work and setting realistic expectations for both the contractor and business owner.
A successful commercial remodel should be rooted in improving operational functions and the customer experience. This could include upgrades that streamline processes, make the environment more welcoming and conducive to working or shopping, or add new technologies for efficient communication and service. Strategically upgrading systems such as HVAC, plumbing and electrical may also save businesses money in the long run through reduced utility costs and improved energy efficiency.
Unlike residential projects, commercial building renovations are typically required to adhere to strict standards and guidelines. Consequently, the construction process moves at a faster pace than a residential renovation. This is largely due to residential commercial remodeling the high construction costs of large buildings and the fact that the building must still function during the renovation.
Moreover, commercial properties often have a ladder for roof access and other safety features that are not found in residential property. Lastly, the materials used in the construction of a commercial building are usually more expensive than those used in a residential project. This is because most of the construction material used in a commercial building is made out of steel compared to wood, which is commonly used in residential projects.
Budget
One of the most important elements to consider in a commercial remodel is the budget. Business owners may be tempted to splurge on new equipment or materials but these investments must balance with ongoing operational costs. Having an accurate cost estimate before construction begins helps business owners make informed decisions and avoid costly surprises down the road.
In addition to unforeseen conditions, renovation projects often involve additional expenses such as architectural, engineering, and design fees. These professionals charge hourly rates for their services and have a significant impact on overall project costs. It’s also important to consider the costs of labor and materials, which can fluctuate on a weekly basis.
Commercial renovations require a great deal of planning before the work can begin, including meetings with designers, architects, and other professionals. Some projects may even include the need to review plans to ensure compliance with building codes, which adds to total project costs. In addition, some projects may need to upgrade HVAC, plumbing, or electrical systems, which adds to the bottom line.
Some businesses also choose to add amenities to their buildings during a commercial remodel, such as kitchens or showers. These upgrades can make employees feel valued and increase productivity, but they will come at an added cost. A kitchen upgrade, for example, can range from $10,000 to $20,000 and requires the installation of a new HVAC system.
Permits
It’s well-known that a permit is needed to complete construction work across jurisdictions, but the specific requirements can be less understood. In NYC, it is important to factor in any necessary permit fees into your budget and check that your renovation complies with zoning regulations.
A general rule of thumb is that any work that requires opening up walls in a building, even non-structural hotel design consultant alterations, will require a full permit. This includes moving plumbing, rerouting gas lines, adding electrical outlets, and so on. However, some small repairs and replacements may not require a permit (a licensed PE or RA can explain the details).
Additionally, long-term senior homeowners who meet income-eligibility criteria may be eligible for the self-certification permit program which allows them to sign off on their own plans for common home renovations (not in landmarked buildings or when applying for a new certificate of occupancy). This process eliminates the need for a Department plan examiner review and saves weeks of waiting time.
Be sure to close out all open permits once the project is completed and if you intend to put your property on the market, remember that if the lender learns that remodeling was done without proper permits, it could prevent the loan from being advanced or even cause the sale to be halted. It’s also worth considering working with a permit expediter to avoid costly delays and ensure that your construction work complies with city regulations.
Construction
Unlike residential buildings, which can range from single-family homes to skyscrapers, commercial properties are used for business purposes. These can include office space, retail locations, educational facilities and medical offices. These buildings have special safety and infrastructural needs that differ from those of residential property. Commercial remodeling can address these issues and improve the functionality of these spaces.
After the design process is complete, it’s time to execute the commercial remodel. This includes a bidding process to ensure competitive pricing, as well as the procurement of necessary materials. It also involves the demolition of existing structures, which must adhere to strict safety protocols.
Construction can take weeks to months, depending on the size of the project and complexity. The final result should match the design concept and meet the client’s goals. This may include improving operational efficiency and introducing new technologies to reduce operating costs. It may also include adding energy-efficient appliances and fixtures that improve the building’s sustainability and cater to growing consumer awareness about ecological impacts.
Throughout the construction, it’s important for the contractor and clients to communicate clearly about progress, any problems that arise and decisions that need to be made. With clear contracts and regular meetings, this can be accomplished. A quality management platform, such as DATAMYTE’s Digital Clipboard, can also help by streamlining communication with stakeholders and providing a central location for all documents and files.
