When considering renovations for commercial buildings, you might think that they are similar to the home renovations that are more commonly understood. However,this isn’t the case. There is a difference not only in the nature of the building but also in the usage of it. A commercial building is one that is meant for businesses, but it could also be one that is used for hotels or rental purposes. For this reason, before you begin work on the renovations, you have to pay attention to the different rules and regulations that can apply to them:
Classify the Buildings
The first thing you need to do is to classify your building. Is it a commercial place for work? Or is it a commercial building for rental purposes? Making this your first step can ensure that you are able to get a contractor who specializes in handling commercial renovations for a particular commercial building. It also ensures that you’re able to get a contractor who meets all your wants and needs in terms of renovations.
Getting Permission
Various jurisdiction rules as well as state laws can apply to commercial buildings.Based on the area you are living in, you might also require a permit for the renovation you have in mind,. This is particularly true if it is extensive, can cause a lot of noise pollution and might make some huge alterations to the exterior of the building. It is a good idea to get a permit before you begin. Sometimes, these permits can take a lot of time to get processed, so make your plans accordingly. Doing this also prevents your renovation plans from being brought to a stop for an undefined period of time. With the permit in hand, you can get the renovation managed as quickly as possible.
Avoid Downplaying the Renovation
With commercial buildings, certain renovations can also mean an increase in taxes. This is because the value of the commercial building increases, or it might be because the renovation does incur a certain tax. On the other hand, do not try to downplay or mislabel the renovation, since it is then considered a tax fraud scenario and can land you in some hot water. It’s also good to recognize that getting certain renovations such as installing solar panels on the building can actually be incentivized, based on the state laws. So, pay attention to this aspect too.
Paying Attention to Neighbourhood Style
Sometimes, the neighbourhood style also has to be considered in order to ensure that the renovations being added to the building do not end up turning it into an eyesore. The significance of the neighbourhood can also play a huge role. For example, certain buildings in a neighbourhood that have been marked as historic landmarks or as essential to the history of the place cannot be changed.
Renovations to restore and improve the structural stability of the building can be allowed, but there will be certain rules and restrictions imposed. To make the process easier, it’s always a good idea to consult with a professional renovation contractor. Alair is here to help. Contact us to discuss your business needs and learn more about how we can help you achieve your goals.