What Is a Commercial Renovation?
A commercial renovation is a construction project of a small or large scale that businesses commit in order to transform and refresh their facility’s structure and interior. Moreover, commercial renovations always improve energy efficiency of spaces. This is the best choice for companies that don’t possess the funds to invest in a brand new space or are not willing to for other reasons. Business owners usually decide to undertake a commercial renovation to maximize the efficiency of their facility and give it a brand new, fresh appearance. Depending on scope of work, Toronto commercial renovations usually cost in range of $20K to $300. Although the renovation investment could sound expensive, this endeavor will grant even greater returns for many years and will delight the employees and customers who visit it.
What Are the Main Stages of every Commercial Renovation project in the GTA?
Just like any other construction project, a commercial renovation has a number of essential stages:
- Initial estimate
- Planning and design
- Engineering and purchasing of materials
- Structural repair and re-design
- Rebuilding and fit-ups
- Finish out process and inspection
- Cleaning up and removal of debris
What are the main advantages of Commercial Renovation?
Improvement of Energy Efficiency
Any business owner of any business is always looking for ways to reduce the variables costs associated with it . The price of energy, and overall utilities in the GTA area is always growing and can be a decent part of company’s expenses. Due to rapid development of technology, there are many eco-friendly solutions that can be implemented during commercial renovation. Nowadays new efficient systems like automatic faucets and thermostats, hand dryers and lighting and many others are available on the market and can be installed by professional commercial renovation contractors. These modern solution can utilities bills by 20-35%.
Enhanced performance and motivation of employees.
One of the most important benefits of commercial remodeling is that can help to drammatically improve performance of the employees who spend lots of time working at the facility. Employees are very sensitive to the environment they work in. If the facility doesn’t have an appealing appearance and comfort, it can negatively impact on their productivity and interest in work, which will lead to higher turnover. The renovation of working space will make their work much easier and enjoyable. It has to be designed and planned in a way that promotes functionality and positive impact on everyone who spends time in it.
Attract Potential Customers
If the customers attend the commercial location, be it a restaurant, retail or any other kind of shop, renovation will lead to more traffic, spend and general experience. It will attract attention from everyone who visit it and attract the customers to come back over and over again, bringing their friends and family. An attractive space and its comfortable atmosphere will definitely make them to stay longer and spend more. This is the most important reason why hospitality business owners must consider commercial renovations.
Nest Enterprises is a Toronto commercial contractor you can trust. During our 20+ years old history, we have completed multiple successful commercial construction and renovation projects across Toronto and its suburbs. Our team consists of experienced designers, engineers, construction managers and workers. From residential to commercial projects, Nest Enterprises will assist with all of your renovation needs, from construction permits to final finish and touch-ups.
Contact us to get free consultation and estimate on your commercial renovation project.