Top 5 Main Costs of Commercial Building Renovations in Pittsburgh
March 26, 2023by TBI ContractingBuildRenovations
Commercial building renovations can be a significant investment for businesses in Pittsburgh. The cost of a renovation can vary depending on the size and scope of the project, but there are several main expenses to consider. Here are the top 5 costs of commercial building renovations in Pittsburgh.
- Labor costs: The cost of labor is often the most significant expense when renovating a commercial building. Skilled workers such as carpenters, electricians, and plumbers are in high demand and can command high hourly rates.
- Materials: The cost of materials can vary widely depending on the type and quality of the products used in the renovation. For example, high-end finishes like marble or custom cabinetry can be more expensive than basic materials like laminate or stock cabinets.
- Permits and inspections: In Pittsburgh, there are various permits and inspections that need to be obtained and completed before and during the renovation process. These fees can add up quickly and require careful planning and budgeting.
- Design and planning: The design and planning phase of a renovation is critical to ensuring the project’s success. This phase often requires the involvement of architects, engineers, and other professionals to create detailed plans and specifications. This cost can vary depending on the complexity of the project.
- Unforeseen expenses: Despite careful planning and budgeting, unforeseen expenses can still arise during a renovation project. For example, a hidden water leak or structural issue may require additional repairs and costs.
Challenges of commercial building renovations in Pittsburgh
Renovating a commercial building in Pittsburgh can be challenging for several reasons. One of the most significant challenges is the city’s complex permit and inspection process. Obtaining the necessary permits and passing inspections can be time-consuming and require detailed documentation and compliance with local regulations.
Another challenge is finding reliable and skilled contractors and subcontractors. The demand for skilled labor in Pittsburgh is high, and finding quality workers can be difficult. Additionally, the cost of labor can be expensive, making it challenging to stay within budget.
Working with a self-performing construction company
A self-performing construction company can provide several benefits for commercial building renovations in Pittsburgh. These companies have the necessary resources, expertise, and equipment to complete the entire renovation project in-house, without relying on subcontractors. Here are some reasons to consider working with a self-performing construction company:
- Cost savings: By having all the necessary trades under one roof, a self-performing construction company can often provide cost savings compared to working with multiple subcontractors.
- Quality control: Self-performing construction companies have more control over the quality of work and can ensure that work is completed to the highest standards.
- Timely completion: By having all trades in-house, a self-performing construction company can often complete the project more quickly than relying on subcontractors.
- Communication: With a self-performing construction company, communication is streamlined and more efficient, as all trades are working together under one roof.
- Single point of contact: A self-performing construction company can provide a single point of contact for the entire renovation project, making communication and coordination more straightforward.
Final Notes
Renovating a commercial building in Pittsburgh can be a complex and expensive process. Labor costs, materials, permits and inspections, design and planning, and unforeseen expenses are the main costs to consider. Challenges such as the complex permit and inspection process and finding skilled workers can make the process even more challenging. Working with a self-performing construction company can provide several benefits, including cost savings, quality control, timely completion, streamlined communication, and a single point of contact for the entire project.
Questions about hiring a commercial construction management firm? TBI Contracting has helped many companies in the Pittsburgh area, delivering quality projects – on time and on a budget! Give us a call to learn more at (412) 896-1455.