11 May What Is A Build Out? Everything You Should Know
If you are starting your first commercial construction or renovation project, there is a lot of construction jargon that isn’t easy to understand unless you work in that type of industry. While these terms are very useful for architects and contractors talking back and forth, they can sometimes make tenants feel uneasy, uninformed, and have questions.
One of these questions you might be asking is—What Is A Build Out? Here is everything you should know:
A build out is essentially the workload or construction tasks that need to be accomplished for a commercial project to reach a state of completion. These tasks can be improvements recommended by the tenant or changes that the contractor recommends for staying in compliance with local building codes and restrictions.
Things To Know Before You Start A Build Out
Before you can get started on a Tulsa commercial build out, it is important to note that there are a few steps that need to be taken before one can take place. As much as we would like to think that after commercial real estate is purchased we can move right in, that just isn’t how it works. Here is a breakdown of what you should know:
Basics Of Build Out Negotiations
Getting approval from the owner of the building or landlord is one of the very first things that need to happen before you can start with a build out. You must be in one accord when it comes to what kind of renovations, projects, or improvements are going to be made to the building.
Making decisions on who will be in charge of getting the work finished, who will pay for the project, and what items will need to be moved from the work site when the job is done is very important before any build out.
All of these negotiation details need to be written down and included in the lease well before any build out begins. This is so there are no misunderstandings or miscommunication when questions come up down the road.
Commercial Permits and Zoning
Once there is a lease agreed upon by the tenant and the building owner, you are off to a great start. However, there are still a few things to do before you start the actual building process. Well before any work can begin on the property, permitting and zoning approvals are required.
Zoning ensures that a company or business is where it is supposed to be. While these steps may seem like a hassle, precautions like this are put in place to ensure that commercial property isn’t built right next to a residential property.
Permitting is a process that makes sure structural integrity and safety can be maintained throughout the entire construction project.
Expectations For Your Build Out
Depending on how many projects a tenant has been a part of, the temptation to overbuild or underbuild can be stronger in some cases.
Overbuilders — With a new project comes new excitement and ambition to get the project done quickly and excellently which means that it’s very easy to go over budget.
It’s good to keep in mind that small changes add up and larger changes to essential parts of the build will raise your budget significantly. This amount of change and that much money may not be worth it if your lease doesn’t have you in that space for very long.
A good way to avoid this is to start with making a list of the items you know that you want and have room in your budget as a contingency plan for surprise problems. It is also helpful to hire a Tulsa construction company to get the job done for you so that none of your time or money is wasted.
Underbuilders — Alternatively, larger projects can be overwhelming for some people, so the temptation might be to do everything you can to cut the costs down as much as possible.
The problem with this is that it sometimes means that sacrifices are made and cheaper materials are purchased in the name of saving a buck here and there.
In the long run, cheap materials will wear down much more quickly than good quality materials and will leave you with an environment that hurts the first impression for clients and customers that walk into the building for the first time.
Essential Build Out Elements For Your Project
While choosing where certain pieces of furniture and fixtures will go, many essential elements need to be included in your build out plan. A few of these include:
Electrical Elements — Many commercial buildings will already have electrical wiring which can help save quite a bit of money during the build out process. Be sure to take note of this along with the locations of any additional outlets or fixtures.
Plumbing Elements — A big mistake that is made during a commercial construction project is that bathrooms are immediately torn down for the sake of aesthetics. Instead, do everything you can to design your space around the existing plumbing. This can save you thousands and thousands of dollars if re-plumbing can be avoided.
HVAC Elements — When it comes to HVAC installations, a could plan of action is to ask the landlord or building owner to take on the associated costs. If this doesn’t work, you might want to recommend that you pay for it for a decreased monthly rent amount. If a replacement isn’t needed, HVAC shouldn’t end up costing you a whole lot of extra money.
The Build Out Process For Your Project
An important piece of any build out project is the architect. An architect is the one who turns your vision into a reality by turning your ideas into official construction documents to attain the proper permits. Assuming that everyone agrees with these plans, it can take around 3 months for this process to be complete.
Once all of these main areas have been taken care of, the building process can begin. Depending on how large your project is will determine how long you need to wait before the construction can officially take place.
If you have any more questions about a Build Out process for a commercial construction project, contact your local construction company today!