The “Shopping Center” concept is one of the most successful commercial property models, and a building type which has a large effect on everyday urban life. Mall designs must respond to user needs, climate, design and planning trends. Shopping mall developers face significant financial risks because malls are buildings without an alternative use and unsuccessful projects burden developers with large financial losses and cities with unusable interruptions in urban infrastructure.
The main concerns regarding the design and construction of shopping centers are financial viability based on the market, budget restrictions and the potential return on investment (ROI). Given the significant amounts of capital required to develop and construct shopping centers, the builder/ developer needs to be confident that the project will achieve an appropriate ROI. Even successful projects can incur significant losses.
In order to avoid significant financial losses to the client, Commercial Building Inc. (CBI) developers conduct feasibility analyses to identify potential changes of market conditions and competition in order to minimize risk. In depth market analysis is used to define the size and character of the building based on the population of its area of influence, as well as existing and expected competition. CBI design strategies is used to differentiate a mall from its competition, and ensure economical, problem free operation in the future. CBI commercial contractors conduct thorough cost analysis to establish and assess the project’s viability when compared to its expected net present value, the foreseen future cash flows, and residual value.
Due to the fact that shopping malls require large initial investments, most shopping center investors/ owners are committed to a financial return over a long period of time. With this in mind, here are a few points to consider before making your initial investment and commitment to your next retail construction project:
Know your limits
While you shouldn’t shy away from a major shopping center construction project, it’s also important to know your limits. The best national retail construction firms will have significant shopping mall experience and can gauge just how much retail construction work a shopping center construction project will need to make it viable.
Develop a support plan
A shopping center is only as good as its tenants, national retailers are typically the biggest traffic draw. Shopping mall investors should know the amount of interior construction upgrades and tenant improvements it will take to keep current tenants happy. Also, national tenants like to be located by other national tenants. Will the shopping mall require significant build-out work or floor plate reconfiguration to accommodate more national retailers? These are questions that have to be asked when developing your support plan. It would be a waste to purchase a shopping mall only to see top tenants leave.
Shopping Center success depends not only on accurate analysis of market demand and strategic selection of a site, but on a design that has a well planned circulation and tenant allocation, animated public spaces and functional operation, in order to attract strong tenants whose success in turn depends on the successful attraction of the final consumer.
Site Selection
Selecting the best location or site for an shopping center is a fundamental decision for any retail business. Location affects customer patronage, market share, sales revenue, and profit-and consequently the long term performance and viability of the business itself. In turn, the performance of businesses at a given location affects the occupancy and rental rates that the property can achieve. A well located shopping center can be successful even in a weak economic environment or an overbuilt market, while a poorly located center may eventually fail. Therefore, understanding how location affects a retail business is paramount to the success of owning or investing in shopping centers.
Key to Success: Trust
To Commercial Building, Inc. (CBI), trust is the most important issue in any retail commercial construction project. As the world becomes more complex, faster and global, the need to make the organizations smarter results in added complexity. In today’s age, technology may support communication and information sharing but will not drive commitment and trust.Trust is achieved through constant open lines of communication, having a strong and knowledgeable overall understanding of the project from the design director, and working together with a common goal.
Commercial Building, Inc. (CBI) is a trusted retail commercial construction company with knowledge in Shopping Centers, Medical Offices, Churches, schools, Industrial and Commercial Upfits, Restaurants, Retail Stores, Vanilla boxes, and Projects from the ground up. CBI’s honesty and credibility are an essential part of our success.
We currently serve Fayetteville, Fuquay-Varina, Sanford, Lumberton, Pinehurst, Pittsboro, Dunn, Southern Pines, Garner, Smithfield, Charlotte, Apex and many other area in North Carolina. We pride ourselves in handling multifaceted projects, attention to detail, and know-how of the projects that CBI constructs. Call 910-818-6811 Commercial Building, Inc. for an estimate on your retail construction project needs today.
When you decide to retain Commercial Building, Inc. (CBI) for your upcoming project, you get industry recognized professionals with years of experience. Armed with resources that are paramount to a successful completion of your project, we aim to embody our client’s vision and bring their dream home to life.
With a clear vision and strategic design plans, we’ll take your construction project from inception through to completion all while making the process look seamless and worth enjoying. When we take on a construction project, we’ll explore all possible design options for optimizing your budget and achieving everything on your custom-home, renovation or remodel “wish list”.
Whether we are working on a Fixed Cost Budget model, Cost Plus Budget model, or a Project Management Budget model we strive to meet and exceed our client’s expectations. We continue to take into account the best interests of our clients, especially in terms of cost control, quality control and achieving construction milestones on time and under budget.
Building a trusted client-builder relationship
We take great pride in having an attentive and detail oriented project management team that provides consistent communication throughout the entire construction process. We’ll keep you informed through every step of your project.
With our secure online website that is easily accessible by our clients, you’ll have all the up to date information from budgets and timelines to approaching critical dates, budget balances and payments due.
Give Commercial Building, Inc. (CBI) a call and see your project transform into reality.
We are ready to work for you on a variety of projects including:
Being the Best General Contractor, Best Design Builders and Franchisee Builder in Fayetteville, our prime focus remains on commercial general contractor and residential construction.
Why Choose Us
Commercial Building, Inc. (CBI) is a well-known construction company servicing Fayetteville and the surrounding areas. Our staff provides the best guidance you require through ongoing clear and transparent communication and our ongoing commitment is to our customers. Commercial Building, Inc. (CBI) is your leading go to contractor for all your Commercial Contractor and Residential Construction needs in the Fuquay-Varina, Sanford, Lumberton, Pinehurst, Pittsboro, Dunn, Southern Pines, Garner, Smithfield, Fayetteville, and Apex region.
At Commercial Building, Inc. (CBI), we are a devoted team of professional that strive to deliver results to all your needs which makes us the best choice for your upcoming Project. Commercial Building, Inc. (CBI) strives to be the preeminent provider of superior residential and commercial construction services by consistently improving the quality of our work. We add value to residential and commercial clients. For more information, give us a call at 910-818-6811 or you can email us at cbi@commercialbuildingnc.com. We look forward to working with you on your commercial building project as your trusted general contractor, commercial Upfit Specialists, Fit Ups Specialists and Best Builders in the Fayetteville area.
As in most professions, details matter. A customer or client may not even see or understand the attention to detail you pour into a product or project, but you know. There is a sense of pride in knowing you’ve done everything in your power to make sure the end product is the absolute best. The same can be said for the best commercial renovation projects.
Some have said that in regard to details, “Commercial Building, Inc. (CBI) is to buildings as Disney World is to theme parks.” Details make a difference. Therefore, in addition to the talented contractors, designers and project managers, the company also offers in house selfperforming options to make sure your commercial project gets the utmost attention to detail.
Commercial building renovations and remodeling are a big undertaking for any property owner. It’s so big that many will only go through a major remodel once or twice in their lifetime. When the remodel begins, many property owners don’t know what to expect. Being informed can help make a remodel or upgrade less stressful and more worthwhile. Doing research and working with CBI commercial general contractors is important when working out the details
for your commercial remodeling project.
Done right, commercial renovation delivers high return on investment (ROI) while improving property value. Working with our CBI experienced contractors, maintaining good communication throughout the project, and working carefully together through the planning stages will help make your next commercial project a success.
Commercial Remodeling:
Every commercial remodel is different, but in general, a typical commercial construction project will proceed like this:
1. Planning
2. Bidding
3. Contractor selection and contract signing
4. Prep and purchase of materials
5. Demolition
6. Construction
7. Clean up and finishing
Once you’ve signed a contract with CBI, our general contractors will be able to walk you through all the stages of construction. The contract will explain a lot about how the construction project will proceed. In addition, your CBI contractor will have a guide that will help you understand the remodeling process.
Do we Shut Down during renovations?
Business may not have to stop while the remodel takes place. CBI contractors can work in shifts before or after customers arrive, on weekends when the business is closed, or behind curtains, while business is conducted as normal.
The ways in which the construction is handled depends on the type of business being remodeled, expected noise levels, indoor air quality, and other factors. If the changes being made are dramatic, the business may need to shut down for all or part of the time. Property owners must be aware that choosing to keep business going may draw out the process, and complications can arise when contractors and customers are in the same place at the same time.
Sometimes, businesses choose to move locations temporarily while the remodel is happening. This is one way to keep business going while conducting the remodel safely. Talk to your trusted CBI contractors to find out your options and decide what is best for you. Overall, commercial remodeling has many benefits. Although remodeling projects happen only occasionally, businesses get a big boost from making improvements.
Benefits of Commercial Remodeling Services
1. Improve Use of Space: It’s important for businesses to optimize their use of space. Installation of custom cabinetry, reshaping or redesign of an attic or storage area, and even redesign of offices and cubicles are ways that a commercial renovation project can free up space in the office.
2. Cosmetic Improvements: Typically, these improvements will be minor, but every so often, dramatic action must be taken. This may include replacing the flooring, painting the walls, installing modern light fixtures, replacing dated furnishings and so on.
3. Better Efficiency and Sustainability: Older fixtures and older buildings tend to be less efficient because these structures were not designed with efficiency in mind. Remodeling is an excellent opportunity to improve efficiency and sustainability.
4. Rebranding Opportunity: When companies go through rebranding, one of the first things they typically do is change the look and feel of their workspace. Matching the look of the business to the brand is one way that companies spread and reinforce their message.
5. Improve Safety: Older buildings are often unsafe in various ways, because they do not meet modern safety standards. Many companies remodel to improve the safety of their workers and customers. This is a good way to prevent accidents in the workplace.
Why Work With Commercial Building Inc?
Commercial Building, Inc. (CBI) is Fayetteville’s leader when it comes to Commercial Building. Commercial Building, Inc. Has years of experience in retail, medical, corporate and industrial construction. Our general contractors can help you with your new renovations with our years of experience in construction. We provide architectural plans, construction contractors to help manage and engineering services, making us the best choice for your projects.
Commercial Building Inc. is your “go-to” contractor for commercial renovation or new construction needs. No matter what your project is, we’re committed to delivering excellence with each job we take on. For more information, give us a call at 910-818-6811 or you can email us at cbi@commercialbuildingnc.com. We look forward to working with you on your commercial building project as your trusted general contractor.
Here at Commercial Building, Inc. we are taking every measure to maintain a safe business and keeping job sites virus free. We are staying on top of the news, following guidelines from NCHBA to ensure our jobsites are safe for our clients, employees, trades, suppliers, and inspectors.
With that being said, Commercial Building, Inc. is offering Virtual Visits. We are able to meet with you in the comfort of your own home, or business. With virtual visits CBI can meet all your commercial construction needs whether it be new construction, renovations, and upfits. Commercial Building, has participated in multiple projects over the years and is competitive in bidding projects. We have constructed several projects in education upfits, major renovations, medical upfits, restaurant build outs, shopping centers from ground up, office fit-outs, churches, and many more. Our Team of highly skilled commercial contractors is here to help you get the end result you desire and keeping everyone safe at the same time!
CBI Builds It ALL!
The COVID-19 pandemic is changing the way businesses operate this spring in Fayetteville, North Carolina. At Commercial Building, Inc., our goal – as always – during this time is to make sure that we follow best safety practices. We will do everything we can to help prevent the spread of the coronavirus in our business and the community.
As we navigate this challenging time, we have implemented changes to our safety protocols to comply with CDC recommendations. This way, we can ensure that our workers and our clients stay safe and that the risk of COVID-19 exposure is reduced as much as possible.
CPWR, the Center for Construction Research and Training, has made some recommendations to help workers comply with CDC recommendations:
As a company, Commercial Building, Inc. recommends that our employees stay home if they are sick. We provide soap and water or hand sanitizer for our employees to help keep their hands clean.
If you have any questions about Commercial Building’s operations during this time and how we are helping to avoid the spread of COVID-19, please contact our office at 910-818-6811. Our community is Fayetteville Strong. Together, we will get through this!
Covid-19 has affected so many of us, especially the restaurant industry. We at Commercial Building, Inc. understand the changes being made to protect the public by closing dining in restaurants across North Carolina. Commercial Building, Inc. is pleased to help out any restaurant in Eastern, North Carolina if you need a drive thru window installed at your restaurant for carry out or pick up.
CBI, can install different models of drive thru windows for you. Again, if you need a drive through window for your restaurant operations to help with the pickup and drive thru process please contact Commercial Building, Inc. at 910-818-6811 or you can email us at cbi@commercialbuildingnc.com.
As a business owner, it’s easy to dream of renovating your commercial space and making it better. Perhaps you are looking for a more modern look or you want to expand your business and create room for growth. Whatever your goals, it’s natural and sometimes necessary for business owners to take commercial renovation into account.
At Commercial Building Inc., we’ve been in the commercial renovation and upfit game for years and as such, we’ve seen it all. We, like any great contractor will tell you, know that there always comes a time in a commercial property’s life when commercial renovation becomes necessary – and not just for aesthetic reasons, but for safety reasons!
Issues of a commercial property becoming unsafe can arise as part of natural disasters, natural aging of a building, outdated construction techniques, and more. For example, in some of the older buildings we see outdated electrical wiring that could be damaged, issues of mold growth due to moisture, and even some cases of asbestos and lead containing paint.
A commercial business owner may also decide that they need to update certain features of their property to become more energy efficient. For instance, they might wish to install skylights and more windows to let in more natural light and reduce their electrical costs.
A good general contractor can help to provide recommendations for how to become more energy efficient, safe, and aesthetically pleasing. If you’d like more information or you’d like to learn about some of our past projects, be sure to visit our gallery online and call our commercial office at 910-818-6811.
Some say that cleanliness is next to Godliness. At Commercial Building Inc., we like to say that safety is. Did you know that the majority of workplace accidents in construction are from falls? Of course there are other incident reports of equipment malfunctions and falling objects, but we like to think that all of these incidents can and should be avoided. There are simple steps and safety procedures that we can all follow to minimize the amount of workplace construction accidents.
The number one rule in commercial building is to always protect your head and your eyes. By wearing regulation headgear and eye protection during a commercial construction or renovation project, you can minimize serious injuries. A single blow to the head from a falling object could be potentially fatal if you aren’t wearing protective headgear. Similarly, many projects in construction send debris or sparks into the air which could become lodged in the eye if you aren’t wearing protective eyewear.
You must also be sure to protect your hands and feet during commercial renovations. Proper gloves and footwear can keep your extremities from being easily punctured during projects. Likewise, special gloves or footwear may be required for safety during certain projects like electrical repairs and welding to protect from burns or electrocution.
In situations where a commercial renovation requires work at heights, it is important to always make sure that you are securely attached according to guidelines for ladder and scaffolding safety, as well as making sure that all elevation tools are in use on a level surface.
Commercial Building Inc. takes care to always follow safety guidelines such as these when we work in any commercial renovation. We specialize in renovations, upfits, construction, and more. With our expertise and great care for safety, we’ve developed a reputation for excellence with clients throughout North Carolina. If you want to know more about our projects or find out more about our safety protocols, please call 910-818-6811.
When it comes time to remodel your office space or restaurant to give it a more modern look, you want to work with professionals that you can trust. Commercial renovations can seem like a daunting task, but the process can also be very exciting. The most important thing you can do is to take the step to find a commercial contractor to suit your needs. There are many benefits to choosing a local contractor, and at Commercial Building Inc., we offer the best of the best!
By choosing a local contractor, you’ll be selecting a highly experienced person who knows the local rules, regulations, and area. A local contractor with Commercial Building Inc. will be your partner in your commercial project. We’ve worked with local business in projects big and small, from doctor’s offices to local schools!
Our experience with our clients and our expertise is proven. Our clients know that they can trust our contractors with all their renovation needs. We provide services in all aspects of commercial building such as architecture, planning, engineering, concrete, masonry, and more! At Commercial Building Inc., our local contractors can fill every need from design options to total building.
Using a local contractor means that you can be secure in knowing that your commercial construction project will be completed in a timely manner, to exceed your expectations, and be completed within your budget. You don’t have to pay high corporate fees and extra expenses when you choose a local contractor. You can get a fresh look for you business at small town prices!
You can expect Commercial Building Inc. to deliver a local contractor experience that suits your business. We are available for all your commercial upfit and renovation needs. We offer services in Fayetteville, Pinehurst, Lumberton, Sanford, and many other cities in North Carolina. Call us today for more information at 910-818-6811. We look forward to working with you!