How to Determine Parking Lot Size for Your Commercial Building

Posted on June 30, 2022 by bafcorp20

Your commercial building will be able to occupy or service a predictable number of people, and your parking lot should be able to accommodate your occupancy ranges accordingly. Continue reading to learn about the science behind parking lot ratios, which can help you determine the proper parking lot size for your commercial building.

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Why Parking Lot Ratios are Important

Believe it or not, your parking lot can have a large impact on the overall success of your company. According to a recent American Community Survey, an average of 76.4% of Americans drive to work. Additionally, consumers are more likely to drive their own vehicles to their desired destinations then take public transportation or walk. This is especially true in Indiana.

It is important that your parking lot is large enough to accommodate the maximum occupancy and traffic expected within your facility, plus provide safe and compliant design thoughtful and compliant design that both protects drivers and pedestrians and leads them in the right direction. It is also important to note that curb appeal plays a major role in business traffic. The better your parking lot looks and functions, the more traffic you’ll likely see.

What are Parking Lot Ratios?

Parking lot ratios are a standard commercial real estate metric used to examine the link between building size and parking space. Like any ratio, a parking lot ratio will produce a size-to-occupancy percentage recommended for a commercial building. And it is all calculated with a simple math formula. To calculate parking lot ratio for your commercial building, you would need to divide the total number of parking spaced by the square footage of your property in thousands of feet.

Here’s an example:

Building Square Footage: 60,000 sq. ft.
Number of Parking Spots: 300
Equation: 300 ÷ 60,000 = 0.005
Finish the Equation: 0.005 x 1,000 = 5

Answer: 5 Spots Per 1000 Square Feet

How To Apply Parking Lot Ratio Calculations

Parking lot ratios generate a reliable foundation for designing the proper parking lot infrastructure for a commercial building. However, it is important to apply additional, relevant factors to determine the best lot size and ratio to your property’s total square footage. The top three factors that will have an impact on your final decision for parking size include the properties use, local building codes, and current market conditions.

How the Building Will Be Used – Your commercial building’s intended purpose of use will play a role in the total number of parking spaces needed for your property. For instance, restaurants will require more spots than a warehouse facility. Restaurants have tables that occupy multiple patrons who arrive in multiple vehicles, while a warehouse facility will likely only require parking for staff and visitors. The same principle applies to hotels versus office buildings, and so on.

Local Building Codes – Local zoning and building codes may also influence how many parking spots, your building should or can have. Some jurisdictions have a set standard for parking lot ratios, thus requiring contractors to submit building plans prior to breaking ground for approval from the city.

Market Saturation – The market condition will also have an effect on your decision to incorporate more or less parking spots in your lot. For example, companies located in busy downtown areas or city centers. Both consumers and staff. Companies located in suburban or rural areas will likely require less parking availability.

Get Tips From a Pro

Parking lot ratios are easy to calculate and give real estate developers and business owners an advantage when comparing property lot sizes in the market. Consult with a licensed Indiana commercial general contracting company for help determining the best parking lot size and building square footage ratio for your company.

Are you looking for help with commercial remodeling, new construction, or design? Contact BAF Corporation at 317-253-0531 for licensed and certified commercial general contractor services in Indianapolis Indiana. We serve clients all throughout the state.

Top 4 Commercial Construction Interior Finishes

Posted on June 27, 2022 by bafcorp20

With all the revolutionary technologies available to us today, interior commercial construction finishing has widened its scope to provide real estate investors and developers with several viable options. Continue below to learn the top four commercial construction interior finishes applied in the, plus how to determine which option best meets your overall business objectives.

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Popular Construction Finishes for Commercial Buildings

Whether you are a real estate developer who is preparing an upcoming build or a commercial tenant looking for a good TI allowance and build-out deal for a potential space, it is strongly encouraged to retain a brief understanding of the most popular construction finishes for commercial buildings. By choosing a commercial construction interior finish that aligns with your company’s goals, you can better meet the needs of your potential tenants or occupants, plus support the overall success of your company in whole.

Which Finish is Right for Your Commercial Construction Project?

So, what are the different interior commercial construction finishes available and which one is right for you? Well, you can custom design your commercial interior finish anyway you like alongside your trusted Indiana commercial construction management team. However, if you are like most, you may be more interesting in a turnkey option. If turnkey is your goal, these 4 construction finishes are a good place to begin your decision-making process:

WHITE BOX

White box commercial construction includes finished HVAC, plumbing, electrical, fire suppression systems, and fire escape accessibility options. It also comes with white walls, plain ceiling tiles, conventional overhead lighting. It does not have any appliances or industrial equipment.

White box finishes are very popular among landlords and multi-tenant real estate developers because they provide a clean slate for potential tenants. The commercial space is completely uncustomized, allowing tenants to choose their own wall colors, flooring, lighting fixtures, shelving, molding, accents, furniture, appliances, equipment, and more.

GRAY SHELL

Gray shell commercial construction finishes are a step down from white box finishing. Think along the lines of a concrete-like interior space. Walls, floors, ceilings, electrical, HVAC, plumbing, fire suppression, ductwork, and similar systems are all expected to be unfinished.

COLD SHELL

Cold shell commercial construction finishing is much like gray shell finishing, but even more scarce. You can expect much of the same environment as a gray shell interior in addition to no wall dividers or bathrooms.

FINISHED

Finished commercial construction interiors are completed and all elements and aspects of construction and remodeling. These commercial spaces will include finished floors, walls, ceilings, and all electrical, plumbing, HVAC, ductwork, fire suppression system, sprinkler systems, and more. These are what you call turnkey spaces, which are highly convenient and time-friendly.

Are you looking for a trusted commercial construction management team who can help you decide which interior finishes right for your new build or remodel? Contact BAF Corporation at 317-253-0531 for commercial office remode l ing and commercial-use construction in Indianapolis, Indiana. We serve clients all throughout the state.

Pros and Cons of Moving Your Business From the City to the Suburbs

Posted on June 16, 2022 by bafcorp20

Everyone knows it is more expensive to live in the city compared to the suburbs, and this year, the price of city life has seemingly skyrocketed. From excessive overhead expenses, rising corporate rent, and loss of tenancy across the board, it is no surprise that so many business owners are choosing to relocate outside of the city district to a more cost-effective region. Yet despite the many benefits that come along with moving your business to the suburban areas, you can expect to encounter a few pitfalls.

Before choosing your new business space in the suburbs, continue below to review some well-noted pros and cons of making the move, plus where to get the best commercial real estate space planning and permitting advice in Central Indiana.

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Should You Locate Your Business in the City or Suburbs?

Like anything decision in life, deciding between moving your business or staying in the city will require some critical thinking. One of the most basic methods of gearing up a successful brainstorm is comparing pros and cons. Many argue that moving a business to the suburbs will deliver cost-savings and ultimately, a higher quality of living. While others warn that making such a move can subject a business to reduced access to nearby amenities and walk-in customers, as well as a smaller pool of aptitude.

Pros:

You Will Save More Money and Have a Better Life

Relocating your business to the suburbs or suburban areas will certainly set you up for a long list of cost savings. Not only can you attain cheaper office rent or commercial lease, but you will also enjoy lower taxation rates and pay less in payroll.

As for your actual business space, you will get more bang for your buck in the suburbs. Office spaces in suburban areas tend to have more square footage and cubic square footage. They also tend to have better features and amenities, such as parking lots, landscaping, security, and more.

When it comes to paying taxes, you will be relieved of your responsibility to cover income tax, corporate tax, sales tax, and more. You will likely pay less in payroll since you won’t have to compete with the average cost of living in the city. Those who live and work in the suburbs have lower living costs, which means a lower salary will still be a desirable one because still goes a long way.

Saving all this money on overhead expenses, taxes, and facility maintenance will have a significant impact on your annual dividends, and more importantly, your overall quality of life. Suburban life is typically safer and experiences less criminal activity.

Cons:

The Needs of Large Scale Organizations May Not Be Met

If your business is a large corporation or company, the city might be the most compatible location in terms of meeting the needs of your business operations and objectives. For instance, city areas are typically epicenters for all sorts of travelers, cultures, services, entertainment, and more. Some businesses rely on this draw of people.

Additionally, walkability is greatly reduced in the suburbs. Being in the city gives you access to all sorts of services and stores within walking distance. For businesses that rely on walk-by or walk-in service, a city location that is densely packed will be most beneficial. Along with walkability, city areas have ample access to public transportation.

If a business chooses to move from the city to the suburbs, they could risk losing a wide scope of talent and entertainment. It is much easier to find talented employees and contractors in the city than it is in the suburban areas. Furthermore, it can be more difficult to locate and procure the resources you need for your business operations.

Would you like professional assistance with commercial real estate procurement in Indiana? Contact BAF Corporation at 317-253-0531 for commercial space planning and permitting in Indianapolis, Indiana. Our commercial general contractors can help you find and renovate the best space for your business.

Should I Use a Hard Money Loan to Invest in Commercial Real Estate?

Posted on April 28, 2022 by bafcorp20

If you are an investor looking to diversify your portfolio and increase your annual dividends, commercial real estate is a wise investment to make. Just keep in mind that investing in commercial real estate or rental properties is not as straightforward as buying and selling your stocks. Many commercial real estate investors prefer more of a backseat, usually opting for crowdfunding operations or even real estate investment trusts for financing their acquisitions. But for those, perhaps yourself included, who wish for more of a direct ownership approach, a hard money loan could be a profit-effective, fiscal opportunity to explore.

Continue below to learn more about taking out a hard money loan for commercial real estate investments, plus some of the most noted pros and cons.

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Short Term Lending With Hard Money Loans

A hard money loan is a type of short-term cash advance used by commercial real estate investors as leverage so they can adequately finance their investment prospect. Most commercial lenders and conventional banks do not offer hard money loans. These loans are primarily issued by private lenders.

Often times, such loans are used by commercial proprietors looking to quickly renovate and remodel a property for resale. Hard money loans are also a popular choice among investors because they can actually cut through the red tape, which makes the acquisition process much faster. And the faster you can acquire an investment property, the sooner you can turn on that cash-flow.

Advantages of Hard Money Loans

Although there are several intricate and perpetuating advantages of using a hard money loan, the main ones are easy, quick turnarounds and loan flexibility. There are many times when a commercial real estate investor is presented with a great investment opportunity and does not have time to waste jumping on it. While traditional loan processes can drag out, potentially causing an investor to lose out on the deal presented to them, hard money loans tend to release funds a lot faster.

Hard money loans are also advantageous in terms of loan forgiveness and flexibility. Not only is it more effectual to negotiate with a private lender on the terms and conditions of such loans, but it is possible to restructure payment schedules, customize loan maturity dates, and even reduce some fees.

Disadvantages

When it comes to investing, where there are advantages, there are always a few disadvantages. As for hard money loans, the same expectation applies. Although there are good pros of hard money loans, there are some cons that might sway your decision to move forward. For starters, hard money loans are easy and convenient, and convenience costs extra. Such loans are more expensive, which can be considered a disadvantage to some.

Furthermore, hard money loans are used as bridge financing, so their terms are much shorter than traditional loan arrangements. Basically, you have less time to pay off a hard money loan than you would with a conventional loan.

Are you looking for a qualified commercial general contractor to help you with your real estate acquisition and space planning needs? Contact BAF Corporation at 317-253-0531 for professional commercial construction management and space planning in Indianapolis, Indiana.

What to Consider When Selecting a New Investment Property

Posted on April 25, 2022 by bafcorp20

Many experts will agree that investing in commercial real estate is a wise endeavor. Several of the most successful businesswomen and men in the world have an investment property or two within their portfolios. If you are currently searching for some income-generating commercial real estate to invest in, continue below to review some top considerations that will help you be the most successful with your business enterprise.

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Commercial Real Estate Research

When you are preparing to view potential investment properties, research and strategy are essential. The more you know, the more successful you will be in choosing the right properties for your business objectives. Ultimately, you want your commercial property to produce income. In order to achieve this goal of profitability, it is critical to know what to look for. Here are 5 key considerations that will help in your search:

Location

When it comes to real estate of any kind, location will always be a top priority, as it is always a top factor in terms of filling vacancies. Everyone looking to rent wants the best location they can find, but for commercial real estate, some locations are better than others. Think about the surrounding infrastructure, current construction activity, roadway systems, ease of access, interstate/highway entry, surrounding retail, seasonal activity, population, and more.

Existing Listings and Vacancies

Another important consideration when viewing potential income properties is the current vacancies and active listings included. Are there a high number of active listings? How reliable are they? Is the number of active leases influenced by seasonal activity or cycles? These are important questions to ask. As for vacancies, the same need applies. High vacancy could mean a future of low rental rates and mediocre profitability, while low vacancy can portend higher rental rates due to higher demand for space.

Property Taxes

Your next consideration is property tax. After all, you can’t avoid Uncle Sam, especially in the real estate industry. With each new viewing, you need to have a full understanding of the property tax requirements. But do not be scared off right away by high property taxes, as this could be an indicator of just how high in demand the location is. This is common among Class A commercial properties. Also be aware that high property taxes can exist in less desirable neighborhoods as well.

Average Rental Rates

Numbers are important for any type of investment, so knowing the average rental rates in the neighborhood and surrounding region is a vital step toward selecting the right investment property. The rental income for an investment property is the main contributor to your investment’s profitability. You should perform a comprehensive rental history evaluation and cost foreseeability analysis to fully understand just how much rental income you might be looking at, now and in the future.

Future Development

Smart business people are forward-thinkers. And with choosing a commercial real estate investment property, it is important to understand the potential for future growth and expansion. You can rely on the municipal planning department to provide information on any localized developments that have already been zoned. Furthermore, you want to touch on the volume of construction currently taking place in the area. If there are many, it is suggestive of an area in high demand or showing significant growth, both of which would be beneficial to your bottom line.

Are you looking for a commercial management team to help you with preconstruction service in Indiana? Contact BAF Corporation at 317-253-0531 for p reconstruction services in Indianapolis, including commercial space planning and permitting. We serve clients all throughout the state of Indiana.

General Contractor Advice on Building a New Commercial Space

Posted on November 5, 2021 by bafcorp20

Are you an ambitious real estate developer preparing to construct a new commercial space here in Indiana? Before getting started on your promising entrepreneurial endeavor, continue reading for some critical general contractor advice on building a new commercial space, including who to trust for superior commercial construction services near you.

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Top Factors for Constructing a New Commercial Building

The top five elements you should be placing your focus on right now in preparation for a build-out or new construction project are as follows: your budget, your potential space, references for commercial general contracting company, a written commercial construction estimate, and relevant municipality requirements or regulations.

Budgeting

Budget is the foundation for your commercial build. Your budget analysis and planning will set the tone for your commercial construction project. You must consider your overall vision. Do you have enough capital to make your vision come to life? It is important to be pragmatic when setting a budget for your commercial construction or build-out.

If leasing an existing commercial space, you want to consider mandatory or hidden costs prior to signing the commercial lease, as well as any future expenses you might incur. A professional commercial general contracting company can assist you with comprehensive budget analysis and cost foreseeability evaluations to ensure that your vision and available capital lineup.

Commercial Space Planning

Your next focus is commercial space planning. Building from the ground up will have a separate set of considerations compared to leasing an existing commercial space and building it out to retrofit your business’s needs. Either way, it is important to ensure that your space will be structured and designed specifically to meet the needs of your businesses function and overall culture.

Your trusted commercial general contractor can ensure that your new commercial space is both functional and culturally sincere, while also flexible for future expansions. In fact, commercial space planning and permitting are often a prime service offered by construction companies.

General Contractor References

As you might already understand, the commercial construction company you choose will have a significant impact on the outcome of your project. For this reason, it is vital to ensure you are choosing a superior commercial general contracting company to build your new commercial space or retrofit an existing one. One way you can ensure you are choosing the right company is to request general contractor references. References help you understand a contractor’s scope of capabilities and professionalism.

Written Construction Estimates

It is important to always request and receive a comprehensive and itemized written estimate from your commercial general contractor. As we all know, having things in writing is the best way to maintain an equal and transparent understanding between two parties in a contract. One way you can tell you were working with a true professional in the industry is if they offer detailed written estimates, require itemized written estimates from subcontractors, and have no problem examining all estimates line by line with you.

Municipality Requirements

All municipalities have commercial construction requirements, building code standards, permitting laws, and similar regulations. A good commercial construction company will have the knowledge and resources to confirm these requirements prior to breaking ground on any type of project, whether a new construction build or commercial build-out.

Furthermore, most municipalities will require detailed written plans and architectural drawings before any construction can take place. Reputable commercial general contractors and construction companies will prepare these blueprints ahead of time, which allows them to provide more accurate estimates.

Are you looking for a professional commercial construction company in Indiana to get you started with a new build or build-out? Contact BAF Corporation at 317-253-0531 for superior commercial general contracting services in Indianapolis, Indiana.We serve commercial and industrial clients all throughout the state.

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Commercial Lease Terminology You Need to Know Before Signing

Posted on October 22, 2021 by bafcorp20

Before signing on that dotted line, be sure you are clearly interpreting the commercial real estate leasing jargon on your contract. Continue below to review some of the most common commercial lease terms and definitions you need to know if you want to make an informed and intelligent decision on your new office or business space.

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Vocabulary Terms on a Commercial Office Lease

Understanding the terms and conditions of your commercial lease is quite difficult if you are not familiar with the standard terminology used within such contracts. It can be especially troublesome if you wish to amend or get out of your commercial lease at some point.

Some of the most common terms you will come across, on your standard commercial office lease that is, include common area maintenance, load factor, option to purchase, parking ratio, right of first refusal, rentable square footage, usable square footage, and request for proposal. Let’s start with these:

Common Area Maintenance

Common area maintenance (CAM) is a general term used to describe the stipulations surrounding shared maintenance expenses for the building you are leasing within. In a multi-unit building, each tenant may be required to contribute to such costs, which are typically decreed within the lease.

Load Factor

Load factor, or core factor, is a calculated number generated by the property management company or landlord of the building. This number represents the division of common area square footage among each tenant. This number allows you to interpret the value or fairness of your rentable square footage.

Option to Purchase

Option to purchase is a term typically reserved for leasing a whole building, not just a unit within a multi-tenant office building. Option to purchase is a section that will describe clauses for a tenant who wishes to buy the building outright one day. An Option to purchase agreement should take into account the amount of rent paid to date.

Parking Ratio

Parking ratio simple refers to the number of parking spaces allotted to the tenant’s rented space. For a multi-tenant office building, there could be a certain number of spaces assessed for employees and visitors.

Right of First Refusal

Commercial leases that have a Right of First Refusal clause gives tenants an upper hand when new space becomes available in the building. A landlord must notify you and offer you any newly available space before advertising it to the general public. Basically, you have first dibs, plus to right to refuse it.

Rentable Square Footage

Rentable square footage is the total square footage of the space you are leasing, plus any shared or communal spaces that other tenants use as well, such as outdoor break areas, hallways, break rooms, cafeterias, bathrooms, and elevators.

Usable Square Footage

Usable square footage is generally less than the rentable square footage. It represents the total square footage of the space that can actually be occupied and used. For instance, if an office space has a basement level that is unfinished, it is not usable, and therefore, would not be included in the usable square footage value.

Request for Proposal

A Request for proposal is also called an RFP document. This document is constructed by you and your broker, then submitted to the commercial landlord to notify them of what you expect and want with your leased space. The landlord can respond by informing you if their facility meets your needs or not. This document tends to commence the lease negotiating process.

Are you looking for help procuring and designing a new office space for your business? Contact BAF Corporation at 317-253-0531 to speak with our esteemed commercial construction management teams about our space planning and permitting solutions we offer in Central Indiana.

How Drone Technology Benefits the Commercial Real Estate Proprietor

Posted on April 2, 2021 by bafcorp20

You may have seen the neighbor’s kid outside playing with their drone toy; or perhaps even have one in your own possession for recreational uses on trips and to document special occasions. But have you ever thought about the benefits drone technology offers our society in a more professional way? When it comes to the commercial real estate market, drones are making a big difference in quality, efficiency, and value for proprietors. They are literally revolutionizing commercial real estate marketing and procurement.

Continue below to learn how, and where you can get started with space planning for your commercial location in Indiana.

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Commercial Drone Applications and Advantages

Commercial real estate brokers, proprietors, and builders can all benefit from the various applications of drone technology in their industry. From selecting a site location and marketing packages to property management, logistics, site planning, utility mapping, and more. Just see for yourself:

Selecting a Commercial Property Site

Drone technology helps brokers list and market the commercial properties they are outsourced to sale, which in turn, makes it easier and more convenient for proprietors to choose the site they want. It also makes it easier for the actual builders and architects to map out their blueprints. There is only so much of a property you can see and learn through demographic data and 2-D images on your computer; and high-resolution aerial drone imaging gives this added insight to all the unique and relevant elements of a property’s location, including how it sits in the surrounding market, the nearby infrastructure, the flow of people and traffic, and so much more.

Property Maintenance

Drones are being used more and more in the facility maintenance industry because they deliver an easier and more comprehensive way of inspecting a building and the surrounding premises. Roof inspections are safer and simpler, while all other exterior elements can be examined and managed accordingly, including siding, HVAC systems, pavements, and more. Smaller drones can be applied in the same way for interior property inspections and management. They are also applied for local site inspections for construction projects, reducing the needs to travel all over to make daily assessment rounds.

Operational Logistics

There are various roles, aside from inspection, site selection, and facility maintenance, in which drone technology can improve how we operate in the commercial world. Your company might have certain needs that can be met with the use of drones, such as vendor and delivery service, video marketing, staff audits, project monitoring, market research, and more.

A Fair Warning: The Federal Aviation Administration has set forth concerns, and now new regulations, that govern the commercial use of drones. In fact, since 2015, a pilot’s license is required to pilot a drone for commercial applications.

Are you ready to get your commercial build in motion? Contact BAF Corporation at 317-253-0531 to learn how we can deliver organized and professional commercial space planning and preconstruction services that meet your business objectives. We serve Indianapolis, and all of Central Indiana.

You May Also Like:

Top Commercial Real Estate Technology Trends Today
The Planning and Development Process of a Commercial Construction Project
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Advice for Selecting a New Office Location

Posted on November 30, 2020 by bafcorp20

Although online “influencers” and millennial moguls might insist that all you need for a successful new office location is a space with a little character in a trendy neighborhood, there is much more to commercial real estate leasing than just that. Take it from the experts in commercial space planning and preconstruction who know exactly what it takes to find the perfect new commercial site that meets all current and future business objectives for owners.

Continue reading to learn some of this professional advice, and where to get customized commercial space planning assistance you can trust.

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How to Select a New Commercial Location

Choosing a new commercial site is not as easy as picking out the best building in the biggest city in your state. In fact, the process is much more intimate than that, as there are several specific and personal variables that must be considered in order to make the best selection. Not only should you take into consideration your own business objectives and personal preferences, but you should also factor in your customers’ and employees’ needs. By balancing all of these difference variables, you can place yourself on a promising path toward finding the perfect fit for your new commercial location.

Factors to Consider for Commercial Site Location:

► Community Reputation. Is the neighborhood geared toward a specific industry? Are other businesses doing well? Or are there many businesses choosing to not renew their leases? Is the crime rate high? How is the accessibility in and out of the community? What are the average traffic conditions like? Is it close to other places you will be doing business or entertaining clients? Does it have many places for shopping, meeting, and dining?

► Employee Amenities. Is the new area easily accessible to your staff and/or clients? Are there nearby shopping centers, restaurants, and similar consumer amenities for them? You see, staffs tend to be more productive when they are happier. Being able to visit a restaurant or run errands on their lunch hour provides them with a level of convenience that makes them happy, which can be profitable for business owners.

► Wi-Fi Coverage. It is important to think about your office’s technology needs. How much wi-fi coverage does your new office need? Is there plenty of wireless coverage? Would you require a wireless booster for sufficient wi-fi coverage? Does the new area have adequate cell phone tower coverage?

► Accessibly. Does the location have highways, interstates, and exits that make it easily accessible to both staff and clients? What are the traffic conditions usually like? Is there adequate parking for employees and customers? Is there a fee for parking? Are there public transportation options? Is the city or government planning any upcoming road construction that would impact your business?

Once you have considered all of these factors, you can better narrow down a selection of listings with professional commercial space planning and permitting services. Talk to a local and trusted commercial construction company who specializes in helping business owners with real estate development. They can even help you understand the factors to consider before signing a commercial office lease, which is an entirely separate but equally important aspect of choosing a new commercial site location.

Commercial Space Planning and Preconstruction in Central Indiana

Contact BAF Corporation at 317-253-0531 for trusted commercial space planning and preconstruction services in Central Indiana and its surrounding locations. Our skilled and experienced commercial general contractors serve all corporate, commercial, and industrial industries in Indianapolis and all throughout the state. Call today to request free information or to schedule a consultation.

The Importance of Commercial Space Planning Service

Posted on September 18, 2020 by bafcorp20

When you hire a commercial general contractor and architect, they have one objective in mind: to bring your vision to life through innovative and creative design solutions. Because every commercial construction client has their own unique needs, their space must be specifically designed to meet these needs, including representing the business’s overall culture and creed. In the commercial general contracting industry, we call this service space planning, it is a critical step to opening the doors of your new commercial business or property.

Continue reading to learn why space planning is so important, including how it can set the path for a future of success.

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Commercial Space Planning Basics

Commercial space planning is more than just interior design for a business. There is a lot more to the space planning phase of the commercial construction process than just fabrics and furnishings. A business’s space must be strategically mapped out, constructed, and organized to deliver a streamlined operation, promote staff productivity, and support efficiency in terms of cost, energy, and labor. With all that being said, let’s take a closer look at what commercial space planning services are all about.

Space planning organizes all aspects of a business’s interior design and operation, from furniture and lighting, to load bearing walls, space dividers, walkways, communal areas, ergonomics, and more. By implementing a perfected space planning design, your business can enjoy higher staff and client retention, which means more money in your pocket at the end of each quarter! In fact, there are many more aspects of space planning than just the interior layout and function. Commercial general contractors will also manage needs like land acquisition, site evaluations, construct-ability reviews, permits, building codes, audits, security, and more.

Here are some common commercial space planning services you can expect from an established and professional construction company:

✏ ZONING AND PERMITS
✏ SITE SELECTION/EVALUATION
✏ PRECONSTRUCTION
✏ COMMUNITY DUE DILIGENCE
✏ LAND ACQUISITION
✏ ECONOMIC INCENTIVE INQUIRIES
✏ FEASIBILITY STUDIES
✏ CONSTRUCT-ABILITY REVIEWS
✏ SITE AUDITS
✏ SITE ENTITLEMENTS
✏ FINANCIAL ANALYSIS/STRUCTURING

Why Choose Space Planning Services for Your New Business Location?

Overall, commercial space planning is the most thoughtfully-organized approach to designing and building a new location for your business. This approach delivers an entire resume of benefits, including cost-efficiency, budget control, and an overall competitive advantage, all of which allows you to utilize your commercial space for a higher return on investment.

Indianapolis Commercial Space Planning Contractors You Can Trust

Contact BAF Corporation at 317-253-0531 for trusted commercial space planning and permitting in Indianapolis, Indiana and its surrounding locations. Our skilled and experienced commercial general contractors deliver a streamlined construction process that meets all defined engineering and design specifications, procurement, schedules, and budgets for your commercial office space or business. Call today to request free information or to schedule a consultation.