All Retail and commercial interior build outs generally greatly enjoy these five benefits of an interior commercial build-out contractor.
If you are in the market for a new space and considering an interior build out, there are many reasons why you should hire a General Contractor for your project. A key component of many commercial leasing negotiations is the tenant improvement allowance provided by the building’s owner to build-out the space for your specific needs. A build-out (or tenant improvement), is changing an existing commercial shell into your personalized usable space; versus a commercial remodel, which would be updating your existing space. As a function of commercial contracting, Titus Contracting specializes in both interior build outs and commercial remodeling.
We help our clients capture savings that they benefit from as well as avoiding many common hassles that many come in tandem with a buildout. Read tips on how to select the best commercial contractor for your build-out.
Below are listed of the major five benefits of hiring an experienced General Contractor for your interior build-out project.
5 Ways Landlords Can Prepare for a Successful Interior Commercial Build-Out
1. Accurately Negotiate Your Build Out Tenant Improvement Allowance
In negotiating a commercial lease, a landlord will typically approach the tenant improvement allowance with the mindset that less is better for their bottom dollar. In trying to make a sound business decision, a landlord will often give a potential tenant a set square footage improvement allowance amount. However, this amount quite often does not come close to covering all the build-out costs.
Whether you have the extra money to offset the construction cost overages or not, it is always good to know what the approximate cost to build out and move into your space will be. Titus Contracting has years of experience accurately bidding commercial projects, so you can be confident your budget numbers are dealing with reality instead of just a generic allowance. Having an accurate bid from a reputable contracting company you can present to your landlord can help you better negotiate your build out allowance.
2. Accommodate Equipment and Space Needs
Working with a General Contractor for your commercial build out will ensure that you are able to fully utilize your new space and accommodate all your equipment. Depending on your specific type of business, you may have equipment that might require customized space, specific electrical requirements, or specific ventilation requirements. This is especially true for restaurants, cafes, and other food service locations that may require special ovens or refrigeration. These needs might need special design and layout considerations as well. Titus Contracting can work within those requirements and create the perfect space for your business.
3. Educate and Work Through Government Requirements and Regulations
There are many different government requirements and regulations that can drastically affect how and what your commercial space is used for. The State of Minnesota works underneath the IBC (International Building Code), and there are many requirements regulating space layout, access, egress, and usage. Additionally, there are the ADA (Americans with Disabilities Act) requirements for accessibility.
If the business involves food service, the State Health Department also has specific regulations that need to be taken into consideration in the overall planning and layout of the space. Additionally, all building plans need to go through the city where the business is located for review, and each city has their own set of requirements for commercial spaces. These rules and regulations can be complicated and confusing, but the experienced professionals at Titus Contracting are well versed in them all and will help ensure compliance with the highest standards.
4. Design Tenant Improvements Spaces to Attract and Keep a First-Rate Workforce
As millennials are beginning to dominate the workforces, there are many changes in what attracts (and keeps) great employees. Employees place a high value on the quality of their work environment and consider it a major factor in their decision to take or stay with a job. Employees have come to expect a higher-level work environment, with certain design and amenities. People are attracted to workplaces with more open spaces; brighter and with more natural light. Amenities such as flexible space, an employee lounge, a fitness center, or even childcare can boost morale and make employees feel valued.
Including technology features in your buildout can also make your company more appealing to employees. Titus Contracting has plenty of experience in creating a great space for your company and employees and can help guide you through what might work best for your business.
5. Elevate Your Company’s Image
A well-done build out can elevate your company’s image. By choosing an experienced commercial contractor, you can turn your new space into a stunning testament to your business. Whatever your industry, when people walk into your new space, they are bound to be impressed by it! From working to get the perfect design for your business and budget, through navigating the complicated maze of government regulations and permitting, to selecting the right subcontractors to complete top quality work on schedule; Titus Contracting can help you achieve the polished finished project you have been thinking about. We will work with you and manage your project from start to finish.
Summary on Your Five Benefits of an Interior Commercial Build-Out Contractor
These are just a handful of great reasons why you should hire an experienced Twin Cities General Contractor for your commercial build out. If you are ready to take the next step with your business and are considering a build-out, we would love to hear from you. Are you interested in learning more about an interior commercial build out in St Paul? Read key answers provided by Scott Rajavuori on retail build-outs.
