Summary: Uncovering all site circumstances can help determine if a project will be a gold mine or a black hole. How? Here are five tips. Although going the commercial redevelopment route has several benefits, you must first decide if it is the correct situation. If you choose the wrong redevelopment project, you could have nothing […]
5 THINGS TO DISCOVER UNKNOWN SITE CONDITIONS BEFORE REDEVELOPMENT Read More »
While redevelopment and ground-up development are two distinct processes, they both attempt to change a plot of property such that a tenant can inhabit it. Both new construction and redevelopments help their communities by bringing in new businesses. Let’s look at the distinctions between new construction and redevelopment and weigh the advantages and disadvantages of
ADVANTAGES AND DISADVANTAGES OF GROUND UP DEVELOPMENT VS. REDEVELOPMENT Read More »
Depending on the project’s objectives and budget, redeveloping a current commercial facility may be more cost-effective than starting from scratch. When done correctly, redevelopment may provide several benefits. However, it’s critical to determine whether it would be the ideal situation for your project. To make an informed decision, it’s crucial to comprehend the following aspects
WHAT IS COMMERCIAL REDEVELOPMENT? Read More »
After the Covid 19 pandemic that hit us back in 2020, tons of businesses, facilities, and more closed down. Because of this, there are plenty of vacant spaces, land and properties for people to soon build whatever they could want. But firstly, what is Real Estate Redevelopment and Why is it important? Redevelopment happens when
IMPORTANCE OF COMMERCIAL REAL ESTATE REDEVELOPMENT PROCESSES Read More »
“Everything old will eventually become new again”, according to a proverb. And it is the guiding principle for commercial renovation. It has the potential to be a beautiful thing. It is the cause why redevelopment has increased so much in recent years. Being sustainable and repurposing existing facilities are topics of great importance in the
4 TIPS FOR COMMERCIAL REAL ESTATE REDEVELOPMENT Read More »
