josh-olalde-X1P1_EDNnok-unsplash

BUILDING NEW VS. RENOVATING: WHICH IS BETTER?

When it comes to a building project, there are two main choices – build new or renovate your current space. Deciding between these options has a huge impact on your project’s budget and schedule. The option that’s right for your project will depend on your goals and the building or property itself.

The experts at Commercial Building, Inc. are here to help you determine when it might be better to build new versus when it is best to renovate.

COST

Cost is one of the most driving factors in any construction project. It is important to get the most quality of the money being spent. When it comes to choosing whether to build new or to renovate, the decision often comes down to which one makes more sense financially.

NEW – Starting with land and building new can be the more costly option. With this choice, you’ll be responsible for all from start to finish – site-work, installation of utilities, and construction of the structure, including the foundation and inside and outside finishes.

Building new buildings generally includes a complex scope of work, more man hours, and more materials – it ends up being more expensive than renovation. However, there can be some cases where renovations can become more expensive than a new build.

RENOVATE – When it comes to renovating, you are responsible for all of the costs of changing the structure to suit your needs. Per ADA regulations and health and safety codes, some of the features of the existing building can be left as-is, depending on how extensive the renovations are.

In general, the older the building, the more it will cost to renovate. When it comes to renovating, there are always the costs of the unknown. You cannot be sure of what conditions will arise once construction begins, which could potentially add cost and time to your project. If the property you are looking to renovate was constructed or updated in the past few decades, renovations will likely be the more affordable option.

QUICKER PROJECT DURATION

The duration of the project is going to vary based on the scope of the project; if renovating – the condition of the existing building; and whether or not your organization’s operations need to continue while construction takes place.

New construction project duration will often be greater than renovation project duration due to the amount of work that needs to be completed. With new construction, the timeline to build the entire structure from the ground up and complete with all finishes.

Due to a renovation not starting from scratch, it can often be a quicker option. Many of the necessary building elements are already in place and can be integrated into the renovated building, your construction team will have much less work to do. However, there are some instances where this won’t be the case. In particular, with older and historical buildings, project durations can take much longer than building new.

The important factor to take into consideration is the impact it would have on your operations. If you’re renovating the facility you’re currently operating out of, you may have to adjust your operations to safely work alongside your construction team.

UNDERSTAND YOUR GOALS: NEW CONSTRUCTION VS RENOVATIONS

The right decision between renovating and new construction depends on the scope of your project.

Overall, building new will give you more control over the project. However, new construction can end up taking longer than renovating and costing more. With renovating a facility, you are bound to the existing structure. However, it can be the less costly option.

Deciding between renovating an existing building or starting with new construction is a difficult decision, but it’s an important on

A COMMERCIAL GENERAL CONTRACTOR YOU CAN TRUST

Commercial building companies like Commercial Building, Inc. are key players when it comes to commercial building and understanding mediocre and exceptional service. At CBI, we go above and beyond with our clients, and our reputation is strong because of it. See for yourself in our portfolio on our website. No matter what stage you are in with the construction process of your building, feel free to ask us questions about what makes our post construction process different from the rest of those in North Carolina.

Based in North Carolina, CBI has been helping business leaders transform their vision into reality. From blueprints to cutting a ribbon at a grand opening, our diligent construction contractor services double-check every logistical component. Our experienced team guarantees that your project does not run into delays or unnecessary cost overages.

At CBI, we can assist you with all aspects of construction. Our team can help you with every step of your building project. Contact us today to see how we can assist you with obtaining your building permits or anything else you may need.

We offer services in Fayetteville, Pinehurst, Southern Pines, Lumberton, Sanford, Fuquay-Varina, Apex, and many other cities in North Carolina. For more information, give us a call at 910-818-6811 or you can email us at cbi@commercialbuildingnc.com.

Why It May Be Time To Renovate Your Commercial Property

Many business owners never stop wishing for a better commercial space, or stop dreaming up different ways to improve on their current commercial property. It is the spirit of most entrepreneurs that they want their businesses to be better and more profitable. Many times the aesthetic of their business space can improve their business overall. However, as any good contractor would tell you, there comes a time when renovating your commercial property becomes necessary for safety purposes and/or for operational purposes.

The professionals at Commercial Building, Inc. have had success in renovating all kinds of commercials buildings over the years. We have nearly seen it all when it comes to some building disasters. We have had the privilege of helping many business owners in North Carolina renovate their existing commercial spaces to create a safer, more efficient and more aesthetically pleasing place of business. With years and years as a trusted general contractor, we can tell you that in some cases, renovating your commercial property is not so much a choice, as it is essential.

In some cases, the age of the building becomes a safety hazard. Electrical wires become damaged, mold has snuck into the space, asbestos are found, the paint contains lead, and so much else happens in an older building that the business owner really has little choice but to renovate the space. Sometimes, the business owner finds that certain systems, like electrical systems are not cost effective and they need to be updated in order to save money on the power bill. In these cases, a general contractor can suggest many options, including the possibility of more windows or skylights to allow more light in. If a business owner hasn’t done so already, taking advantage of energy efficient systems can save significantly on operational costs.

Changing the aesthetic of a work space can increase productivity among employees, and considering a commercial uplift can potentially create more storage and workspace. A general contractor can show you all of the ways a business renovation can work in your favor. Are you a business owner considering a commercial renovation? Let the team at Commercial Building, Inc. show you how your vision can come to life! Give us a call today at (910) 818-6811.

New Year, New Renovations

The new year is traditionally a time when people start to think of new goals for themselves, and dream up new plans to improve their lives. They may even renovate certain aspects of their lifestyle in order to live better or to live more fully. For a business owner, a big part of that planning may include external and/or internal building renovations.

Commercial Building, Inc. wants to help you realize your construction goals by working alongside you to create the environment you want for your business. We specialize in commercial upfits. Our talented team are experts when it comes to renovating commercial spaces to maximize a clients business needs. We have renovated spaces for businesses, big and small, for over a decade in the Fayetteville and Pinehurst areas of North Carolina. Our highly skilled general contractors have worked on all kinds of projects, including big name chains and small town shops. From medical offices to military construction, banks, restaurants and more, Commercial Building, Inc. has done it all.

When Commercial Building, Inc. works for you, we cover all aspects of the project. If you need building plans, we can provide them. If you need masonry work done, plumbing installed, or engineering work done, Commercial Building, Inc. has you covered. Everything you need for a successful commercial business renovation, right down to the smoke alarms and sprinkler system can be handled by us.

It is the goal of Commercial Building, Inc. to maintain our good standing with our clients by completing their business renovation projects on time and with all work done correctly. Our staff works tirelessly and it pays off when our clients are highly satisfied with the finished project. With nearly two hundred projects under our belt, our reputation speaks for itself.

Are you in the Fayetteville, Pinehurst, Raeford, Lumberton, Sanford, or surrounding areas of North Carolina and looking to renovate your business in this new year? We are more than confident that our team at Commercial Building, Inc. can help you achieve your building renovation goals! Give us a call today at (910) 818-6811 and let’s get started!