Monthly Archives: May 2018

How to Know if it’s Time for Demolition  

Deciding that it’s time for demolition for your residential or commercial building can be a tough choice. Unlike remodeling or building out, once you start demolition, there’s no turning back. So you want to be sure that it’s the most practical solution for your problem.

What are some ways to tell if you’re on the right track?

 

Key Signs Demolition Is the Right Choice

A building’s foundation is the most important consideration during your decision-making process. Are foundational portions of your building buckling or cracking? Do you notice structural support weakening? Is mold spreading rapidly?

If you answered “yes” to any of these questions, it could be time for demolition.

If the issues are too drastic to reasonably mend, then tearing the structure down, clearing away debris and starting over could be the most cost-effective solution. Otherwise, you might start a remodeling project only to realize halfway through that the building is too far gone.

Likewise, keep in mind that you might not have to demolish the entire structure, depending on what the issue is. If only one room has a severe mold issue or just the walls or ceiling feel unstable, it’s possible that renovation alone could solve the problem.

Save yourself from a financial mess and stress headache by bringing in a professional. It’s important to have an expert examine the building and provide you with their solution so that you don’t make any wrong assumptions.

Something else to consider: Do you love your current building’s location but dislike most design and structural components? If you’re not interested in sacrificing location but you require an overhaul, then knocking down the structure might make the most sense for your needs. Starting over will give you the freedom to pursue your design goals with fresh ideas and no restraint.

Be Conscious of Local Regulations

Every city and neighborhood has different housing and commercial building regulations, and it’s important to know what the rules are in your area before you pick up a hammer and start swinging.

Check restrictions for your neighborhood or city’s height and other building regulations. Don’t forget zoning and permit regulations, and look for ordinances banning or limiting certain size or style structures. If your property is a historic building, there are most likely strict regulations, especially if it’s located in a historic part of the town or city.

If you ultimately decide to demolish, pick the right construction company to handle the job. At Red Rock Construction, no demo project is too big for us. Give us a call or email us today for more information.

3 Steps for a Successful Tenant Buildout

Tenant buildouts can solve a number of problems for you, whether you’re a property owner or a renter. As a tenant, you won’t have to subscribe to somebody else’s office design and you’ll have the opportunity to see your dream rental space come to life. As a property owner, the real estate value will rise as the space is modernized and updates are made.

Are you ready to build out? Don’t let the idea intimidate you. The benefits outweigh the unknowns, and with the right construction company by your side, this project will be simple and stress-free.

tenant-buildout

1. Types of Tenant Buildouts

Clear communication between tenant and owner is necessary for the project to run smoothly. Before starting construction, the tenant and property owner need to be on the same page.

Conversations during the negotiation stage should include:

  • Who is paying for the project?
  • When should it be finished?
  • Who is hiring the construction company?
  • Is it a turnkey buildout or tenant improvement allowance?

Turnkey buildouts are undertaken by the landlord, who is responsible for the project cost with the tenant’s preferences in mind. The landlord is held liable and is responsible for the project’s budget, even if costs exceed the original negotiation. With a turnkey buildout, the tenant isn’t required to be part of the planning or project stages.

Alternatively, using the tenant improvement allowance format gives the tenant full control to select an architect, hire a contractor and purchase necessary items after negotiating a cash allowance provided by the landlord.

In this case, though, the renter is responsible for costs that surpass the amount negotiated. Negotiations are based on a dollar amount per square foot, so be sure to clearly communicate realistic and practical goals during the negotiation stages, because you don’t want the situation to get messy later.

2. Understanding Costs

Costs vary because all budgets and projects are different. Regardless, both tenant and landlord need to understand how much the buildout will cost. Remember that even if you’re opting for a tenant improvement allowance, the landlord will agree to cover only a specific amount.

Contact us for a construction project bid, so you both know what your project will look like in terms of cost.

3. Find a Reliable Construction Company

Ready to expand your space and increase its value? After all, a tenant buildout is a win-win situation for both the landlord and tenant. At Red Rock Construction, we do all the heavy lifting, demolition and building.

Call our dedicated team today if you’re ready to start your buildout!