Renovating a commercial building is a big task, and it’s not always the right choice. But is it right for you? Here are five considerations to help you make the best decision for your business.
Choosing to renovate your commercial building in New Jersey isn’t a decision to take lightly. A commercial remodel can be time consuming and costly, but it can also be beneficial. Commercial remodels offer:
- Better functionality: A remodel will give you the ability to redesign a building to fit a tenant’s specific needs. This can help you keep them much longer because they won’t be looking elsewhere for another building.
- Better energy efficiency: Replacing outdated HVAC systems, lighting, and plumbing will lower the cost of your utility bills. This will also decrease your carbon footprint and help you play your part in becoming eco-friendly.
- An edge against your competitors: If you serve people in your building, having a renovated space will make an excellent first impression and help you generate more customers. Best of all, you’ll get to choose what kind of impression you want to make.
If you’re still wondering if construction remodeling is the right choice, here are five reasons to consider a renovation.
Does your signage look like it’s stuck in the 1970s? Maybe your interior looks like it belongs in a movie from decades past. This won’t necessarily be a problem with things like an industrial warehouse, but it can become an issue if it’s a building where people come to visit, like an office building, a healthcare facility, or a retail store.
For retail stores, having a contemporary-looking building is important—shoppers are visual, and they do judge a book by its cover. If your building looks outdated, consumers won’t be as eager to visit. The look of your building can influence sales, and even when you don’t own the retail stores renting your spaces, your income depends on their income. Because of this, it’s in your best interest to make your building as attractive as possible.
If your commercial building looks outdated and your profitability depends on getting people through the doors, consider a commercial construction remodeling job.
Not having enough space is one of the best reasons to pursue a renovation. Your building is limited unless you renovate. You can add shelving and other organizational units to maximize the way you use your space, but that can only work to a certain extent. At some point, shelving won’t cut it, and you’ll need an extra room or two.
If your business is expanding and you need extra space, it might be cheaper to perform a commercial remodel than to rent an entirely new space, especially if you’re already in the beginning of a long-term lease. Hospitals are one type of business that can benefit from expanding the building.
You’ve probably seen some popular businesses that have a completely distinct look both outside and inside. These are the brands that won’t buy existing real estate without renovating them to match their brand. Not having a building that matches your brand can make your marketing efforts fall flat.
If you serve the public, or even people in a private setting, your commercial building should represent your brand. If you don’t have an idea in mind for how you can make your building stand out, look at how other businesses do it. You may even find a specific style of architecture that you want to use to create your brand.
A major benefit of renovating to match your brand is that you’ll get more people into your building. Many brands renovate their buildings because their chosen architectural design creates a contemporary look and feel that not only matches their brand, but invites consumers into the store.
Your building deteriorating is almost always the best reason to renovate. A deteriorating building can be an eyesore, but it can also be a safety issue. A leaky roof with water spots in various areas is one of the most common signs of deterioration that could be fixed by a renovation.
Other signs of severe deterioration include crumbling concrete, chipped or faded paint, outdated siding, and a floor that looks more than worn.
Sometimes, employee morale and a high turnover rate are connected to the condition of the building where people work. Nobody wants to work in an environment that’s falling apart or makes it difficult for them to do their job.
If this is the case, you don’t need to do a massive overhaul. You can do small renovations on the inside like replacing counters, adding better light fixtures, creating more space, or otherwise rearranging the fixed elements inside the building. The best way to do this is to ask your employees what isn’t working and call in a professional to help you engineer the right solution.
If you’re looking for reliable, reputable commercial construction companies in NJ, Connor Construction can help you with your renovation needs. We want to help you be more successful in your business, whether you’re running a retail location, a healthcare facility, an office building, or an industrial warehouse.
We have a special process that gets the job done in a third of the time it takes other construction companies. This means you’ll spend less money with us and your project will be completed faster. No matter how big your project is, and no matter which types of expertise you require, we can make it happen. Contact us today to learn more about our construction remodeling services.