Do you own commercial real estate, such as the building you run your business out of? Thinking about making some changes or upgrades to that building. If you've never been through the commercial renovation process before, it can prove a much more complicated process than you might expect.
The good news is that people undertake commercial renovations all the time, so it's not an impossible task. As long as you mind the details, you can look forward to a successful project. Not sure what details you should mind?
Keep reading for our quick guide to the commercial renovation process.
Bylaws Research
You must take special note of local bylaws before making any substantial changes to your building. Local bylaws can restrict a wide range of possible changes, such as:
- The use of the building
- Height of the building
- Signage
- Parking
Make sure you do all the necessary research or find someone who specializes in local rules, regs, and bylaws to do the research for you ahead of time.
Permits
If you're making a lot of internal changes inside the building, such as the layout of space, you likely worked with an architect or commercial renovation company. Once you finish with those designs, you must apply for permits in most locations. For example, in Edmonton, you need permits for most significant changes, such as:
- Heating
- Electrical
- Plumbing
- Structural walls
- Non-structural walls
Approval times can vary, so get permit applications submitted as far in advance as possible. The last thing you want during the renovation process is a delay because you don't have the permits, yet. It will frustrate you and the commercial renovation service you hire.
Renovations
Once you get the permits, the exciting part of the process happens. The commercial renovation company moves into the building and begins making changes.
As a general rule, renovations go a little smoother than new construction because weather plays less of a role. Even so, you should keep an eye on the process and makes sure things happen more or less on schedule.
Inspections
Inspections are another key element in the renovation process. You'll need inspections after the installation of any major systems, such as plumbing, heating, or electrical.
Note that these inspections must happen before you cover anything up with a wall. Odds are good that your construction company will stay on top of this, but you should still keep yourself in the loop about the inspections.
Commercial Renovation and You
Will the commercial renovation process can look like a tremendous amount of work at first glance, remember that it doesn't happen all at once. The process will likely take months between working on plans and the final rounds of inspection.
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