For Quick Service and Fast Casual Concepts
Many industries have had to make changes following the pandemic as they sort out the new way to best serve their customers and their adapted routines. The Restaurant industry has definitely had to make adjustments not only from people dining differently, but also from the labor shortage. The design and remodel of Restaurant structures and parking areas play a role in how they are accommodating their new challenges.
A critical element of your business plan is a realistic budget for anticipated expenses, along with possible revenue streams. One of the biggest expenses of a business to factor into the budget is the building cost.
Commercial Renovation to Stay Put
Whether you really like your building the way that it is, your location is part of your long-term plan, or financially speaking a new building is out of the question, these are all good reasons to stay where you are. However, I’d like to share with you a few of the best reasons to consider renovating your current facility.
1) Improve traffic to your business – we have seen it time and again that renovating a commercial space peaks the interest of people in your community. It also provides additional promotional opportunities because having a renovated space to talk about creates a steady and interesting social media topic. Whether you’re a doctor, restaurant, or a school, you consistently want to attract new people to your space, right? Sharing your remodel should help gain and/or keep followers to communicate the benefits of your services.
We hear about energy efficiency, greenhouse gases, renewable energy, and carbon emissions more frequently these days, but maybe not as popular is Net Zero Energy Building or Net Zero Energy Building Ready. These aren’t new concepts, but with the flurry of attention on energy savings, we wanted to check into the current status for Michigan Commercial Building Owners. Since the Michigan Energy Code (2015) was adopted in 2017 in Michigan, how far are our Commercial Building owners from achieving Net Zero Energy Building Ready?
We hear it quite often from business owners, once they decide to build a building, they needed it yesterday. We understand that once the need for the new building is decided how important it is to get the owner moved in quickly.
Have you considered commercial investment properties to add to your portfolio? On a surface level, it seems like a long-term, but easy investment that will generate ongoing income and also potentially appreciate in value the longer you own it. For those who have capital to invest, is it the right type of investment for you?
Things have changed for many businesses over the last two years including where staff completes their work, the need for incentives to maintain or attract employees, distancing measures for staff, and how their products are delivered. These changes may have made your current building too big, too small, or no longer functional for your business.
As business owners become more aware of the benefits of Design-Build Construction, the delivery method continues to chisel a bigger piece of market share throughout the U.S. and is expected to reach 47% usage rate by 2025, according to FMI1, a 5% increase from just 2 years ago. In their DBIA Design-Build Utilization Update - September 2021, they evaluated the United States Census Bureau, stakeholder surveys, industry reports, associations, and government agency databases, and determined the usage of delivery methods within the construction industry and found that the East North Central Midwest region will experience a 6.0% growth in Progressive Design-Build projects by 2025. Also, highway/street, educational, and manufacturing will have the highest compound annual growth rate (CAGR) adopting Design-Build project delivery.
Business leaders have to make so many diverse decisions every day. Some decisions are within their area of expertise, others are an educated guess, while even more require an outside source to help direct them.
What Is Constructability Review?
The construction process starts with an Architect designing plans based on the requested scope from the building owner mixed with regulations mandated by the government and the creative expertise of the designer. The Architect is responsible for knowing the performance, quality, longevity and size of limitless