A commercial center remodel project, whether big or small, is no doubt a huge undertaking. And, for commercial property owners who do not have enough knowledge in terms of commercial center remodeling, such an endeavor could be too difficult to plan.
From the first day of the planning phase, up to the last day of project completion, you need the help of experts. Why? The answer is simple and that is to avoid critical mistakes.
It is because a remodeling project, if done right, can help you increase your bottom line. On the other hand, mistakes incurred in any of the phases of project completion can lead to consequences that may hurt your visions of being a commercial property owner.
In this post, we’ll help you ensure that everything is done right, the first time. So, here are some remodeling tips you shouldn’t miss.
Tip #1: Complete a Building Condition Assessment
This is the most important first step to planning a commercial center remodeling project. A Building Condition Assessment is crucial to determining the current status of your building’s structure in all its aspects.
What areas are included in the Building Condition Assessment?
During this assessment, several areas of the building will be examined and reviewed thoroughly. These areas may include the roofs, stairs, balconies, floors, doors and windows.
In addition to examining your building’s physical structures, all the crucial systems that go with it will also be checked. The electrical, plumbing and HVAC systems will be examined. This assessment will also include all the fixtures and finishes of the building’s exterior and interior components.
To what extent the commercial building complies with the codes and regulations set by the local government, is also another aspect that will be checked during the Building Condition Assessment.
What is included in the Building Condition Assessment report?
Once all these areas have been checked, the person conducting the Building Condition Assessment will submit a report briefly describing each component of the building. The report will also identify those specific areas and systems of the building that have problems and deficiencies.
The Building Condition Assessment must also include the possible costs of repairing any damages and other issues identified during the assessment.
Why is it important to conduct a Building Condition Assessment?
Conducting a BCA is important because the information obtained from such a report will help you determine whether to remodel, renovate, sell or just demolish your commercial building.
The BCA report is also important for creating maintenance and safety programs for the property you plan to remodel, renovate or sell. All these in addition to being able to determine the current overall value of your property.
Tip #2: Conduct Risk Assessment and Safety Planning
Although the Building Condition Assessment already identifies specific areas that need special attention, a risk assessment is just as important as it focuses more on the safety of the building and all the people working in it.
Why is it important to conduct a Risk Assessment prior to building remodeling?
The risk assessment and safety planning will help you, your employees and the entire team involved in the remodeling project stay safe and protected all throughout the duration of the project completion.
When risks are identified right before the onset of the remodeling, our construction team will be able to come up with safety practices that must be in place before, during and after the commercial building remodeling project.
When the right health and safety protocols are in place, the risks of harm to all the people involved, most especially to those who are assigned in the building and construction will be significantly reduced.
What is included in the risk assessment report?
The person who will conduct the assessment will identify the possible risks and determine which of these risks can be avoided, eliminated or reduced. For every risk identified, specific measures will also be put in place to ensure that these risks are controlled, avoided or eliminated right from its source.
The risk assessment report may include, but not limited to:
- The building’s earthquake classification, in relation to the type of construction materials used.
- The presence and current condition of the building’s exhaust and fire suppression system.
- The possibility of risk exposure from nearby buildings (e.g. unprotected gas meter, abandoned building nearby)
- The building’s preparedness with regard to evacuation and emergency.
Tip #3: Create a comprehensive budget plan.
This may seem difficult especially if you’re planning to start a large commercial center remodel project. However, there are specific tips that you should know and keep in mind. This way, you increase your chances of sticking to your budget without compromising the quality of the project.
Note that staying within budget while the project is in development is critical. This is when the help of a commercial center remodel experts prove to be of great help. When you seek help from the experts, you reduce the risks of going over budget while maximizing the funds to the fullest.
The experts of commercial center remodel have the capability to do the following:
Understand the current market
With enough knowledge regarding the current market, you can greatly spare yourself from unwanted surprises in terms of construction and labor costs.
By leveraging the most up-to-date information regarding the costs involved in the commercial center remodel project, you have increased likelihood of making sure that your project development expenses always stay within your budget.
Appropriate space planning
Any commercial center remodel project will have to go through several phases. Each of these phases must be completely understood to ensure that the plan works in accordance with the set budget for the project.
The planning and designing phases must be started way ahead of the timeline set for project completion.
Ask help from the experts to conduct test fits, financial analyses and market surveys which are all crucial to making construction decisions. The earlier you accomplish these tasks, the less likely you suffer from delays which could also have a serious blow on your budget.
Ask help from the professionals.
Choosing the best commercial center remodel contractors is not an easy thing to do. But hiring them can greatly guarantee that the project development process becomes as smooth as possible.
Besides, whether you’re an entrepreneur or a real estate property owner, dealing with vendors, specialty trades, subcontractors and consultants can be too daunting for you to perform.
Add in the fact that being inexperienced in such a field could increase the chances of making mistakes and the consequences can be costly.
What basic qualities to look for in a professional commercial center remodel contractor?
- The right license and insurance
- Provides honest and accurate cost estimates
- Possess the right skills and experience
- Enough experience in your type of commercial center remodel
- Good record of previously completed projects
Owning a commercial property in San Diego, CA could bring about steady income. In fact, research reveals that a commercial property is one those few stable assets in 2022. But, let us not forget that the competition is also fierce.
So, consider the benefits of a commercial center remodel so you could rise up against the competition and make your business thrive.