Various factors influence the cost of a new commercial building. Some are more obvious like land acquisition, permits and construction. Then, there are lifecycle costs to consider like utilities, maintenance and replacements. Often, clients are unaware what the actual cost of their building should be so it’s only natural to question, "How much will the project cost?
Have you considered taking on an architectural design project in the coming year? People often hesitate getting started because of the overwhelming number of considerations and risks involved in the process.
However, addressing these items in the earlier stages of the project can help you avoid costly issues like delays while making the process much more enjoyable.
In development, a feasibility study measures the ability to complete a project successfully and account for economic, technological, legal and scheduling factors that may affect it.
Potential property owners or existing owners use feasibility studies to determine both positive and negative outcomes before investing a considerable amount of time and resources into the development.
The beauty of architecture is taking ideas on paper and transforming them into community treasures. However, the redevelopment process can be pretty complicated (and lengthy for that matter).
Commercial redevelopment involves a wide range of participation. From architects and civil engineers to contractors and lenders, it can take years to bring a project from the initial planning stages through completion.
Some of the first and longest lasting laws included building safety codes. It has been long understood that keeping a space safe for occupants is critical for society. Now, we have historical building design codes we have to follow. These rules cover areas spanning safety to design conformity.
In addition to “how much is it going to cost?”, another common question we get from new clients is “how does the process work?”. We’re hoping to help you with that today. Below we attempt to delineate just exactly how architects can be a beneficial partner in getting your project designed and built.