Building a commercial building can be a very large undertaking and before you jump right into it there’s a lot you should take into consideration. By taking the time beforehand to carefully plan and consider all of the details, you could save yourself a lot of time and money down the road. Schroeder Construction Management has a deep appreciation for historical beauty and keeping the integrity of a building. Here are a few things you should know and consider before deciding to build a commercial building!
Establish Your Budget and Finances
Before you begin anything, the first thing you should do is establish a budget. There’s no point in investing if it’s not going to financially benefit you in the future. Whether this means hiring a financial advisor or looking through the numbers with someone on your team, make sure you know what your budget cap is before beginning the process so that the design and building team know what the goal is. Perhaps consider aiming below that maximum budget to leave yourself room for unexpected additional costs as well.
Choose a Location
When deciding where you want to build, there is more to consider than just the price. Location is arguably the most important aspect. Take into account your target consumer and try to find a location near them. Additionally, scope out the area for potential competition that could affect your business negatively. If that is the case, then perhaps consider a different location.
Plan the Logistics
Next you want to find an area that is zoned for commercial development. Taking that into account, begin getting specific information and restrictions on what is permitted for that area. Gathering that information early can save money during the building’s design stage, if those restrictions are already ironed out. After, begin considering how the building will accommodate its clients and employees, what type of technology needs to be available there, parking area, etc. These accommodations will greatly differ based on the type of business you own.
Hire Schroeder Construction Management for Commercial Building
Schroeder Construction Management, Inc. emphasizes commercial design-build, guiding your project from the conceptual phase through completion and to your satisfaction with a personal, hands-on approach. We have the construction management experience and skills to construct your commercial building based on your unique business needs.