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Commercial construction quiz: Should you build or renovate?
Posted in: Building Dimensions Blog
At some point in the life cycle of a business, it’s inevitable that you’ll have to consider whether to renovate an existing commercial property or build new. The question is multifaceted and a variety of complexities enter in to the equation. But where can you start?
When you’re ready to take your business to the next level with a renovation or new commercial construction, you’ll need to weigh several factors. But don’t worry; though the decision is a big one, we’ve simplified the decision with a quiz that can help you gain clarity on the factors that should impact your decision.
So, let’s get started! When you’ve answered all questions, we’ll tell you from our perspective whether you should build new or renovate your commercial construction.
Commercial construction quiz: Should you build or renovate?
Is your facility in need of renovations or remodeling that will significantly affect the layout and design of the building?
Do you anticipate the cost of remodeling will be higher than rebuilding?
Has an engineer determined the building, or a portion of the building, in question is no longer structurally safe or sound?
Do your business needs dictate that you need improved functionality and usability that your current building cannot accommodate?
Is your building out of code and/or no longer able to become compliant with building regulations?
Will the long-term goals of the business require a new facility and/or larger site at some point in the foreseeable future?
In the coming years, does it seem apparent the current location of your business will no longer serve your business needs?
If you have an older building, is the lifespan of the structure coming to an end?
Does the building have sentimental or historical value and therefore you might be met with resistance if you seek to renovate it as needed?
Does the building contain potentially hazardous materials, the removal of which is required and is likely to drive up the cost of renovation?
Time to Break Ground
Based on your answers to these questions, it looks like it may be in your best interest to start fresh and build new commercial construction for your business. To make sure the job is done right, partner with a trusted design-build team, who can guide you through the entire process from start to finish. With the design-build model of construction, you can rest assured that change orders will be virtually eliminated, controlling costs and keeping the project on time. More, the expertise you get with design-build will ensure your commercial construction project gets the attention to detail and customization you and your business deserve.
Caution: Decision Zone Ahead
Based on your answers to these questions, it appears you could go either way with your decision, by renovating your existing property or building a new one. You’ll want to carefully consider your budget and the timeline as well as the pluses and minuses of each decision. In the end, it’s all about ensuring the success of your business, so be sure to consult with a trusted design-build team for expert guidance every step of the way. And because the entire team works together from start to finish, you can rest assured change orders will be virtually eliminated, costs will be controlled, and your project will likely be done on time.
Renovation Ready
Based on your answers to these questions, it appears that renovation may be the appropriate and potentially more cost-effective choice for your business. Of course, new information often comes to light when renovations begin. If crews discover that your property has hazardous materials that require specialized removal, structural issues or other challenges, you may want to consider building new construction instead of renovating. Either way, be sure to work with a trusted design-build team to help you on your way to the next chapter of your business success story.
