Commercial remodeling can get expensive thanks to a number of external factors (cost of living in certain areas, overall commercial building demand, increasing design and material expenses, etc.). So we’ve listed a few of the most important ways you can make sure your workplace remodel costs don’t bust your budget.
First, meet with a project manager as early as possible to coordinate an extensive examination during the site selection stage to expose any potential problems.
Try to reach an agreement with the landlord to ensure they are giving you the most favorable tenant improvement packages based on the condition of the space. Get absolute clarification that the legal wording in the lease protects you—the tenant—from any undisclosed costs.
Work with your project manager, architect, and contractor to distinguish the project goals and limitations early. This will help to keep your remodel project as a whole on schedule and on budget.
Audio-visual technology, security technology, and IT are also big expense factors. Hiring an experienced adviser to come up with sensible audio-visual and IT solutions can help decrease overall tenant improvement expenses.
There’s one last thing for you to consider if you’re planning an office remodel: creative space can be reused again and again, so a great money-saving option would be looking at second-generation creative space. A second- gen space is built to be similar to another space, but with some improvements already been built in. All this means that the space might not need as much redone for its structure or interior. This also applies to any rental or leased space, though high demand can make these spaces hard to find.