article thumbnail

What You Should Know Before Taking a Construction Loan

Construction Marketing

Finding your dream home with all the unique features within your budget and in the perfect location can be challenging. It covers land acquisition costs, building materials, construction permits, labor, contingency and interest reserves, closing costs, and plans. Compare their down payment, loan rates, and terms to find the best deal.

article thumbnail

Challenges & Opportunities in Commercial Construction

HardHatChat

Permitting : The best way to turn your permit review process around in a timely manner is to work with a qualified and experienced architect and engineer to produce the best documents possible. Ultimately, the costs of removing escalators and infilling atrium openings were higher than the client anticipated and killed the deal.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Your Guide to Preconstruction Planning

Autodesk Construction Cloud

Preconstruction planning gives all stakeholders the opportunity to get on the same page to discuss the crucial project details—including objectives, design, schedule, budget, etc. When the design process is complete, teams would need to submit the documents to the city in order to secure the necessary building permits.

Plans 52
article thumbnail

Renovating A Heritage Building

cnstrctr

I’m going to walk through each of the stages of a project (from conceptual design through permitting and into construction). A heritage professional or consultant will help the project team in dealing with the critical components of the project. Always keep a running budget on the project. Permitting Phase.

article thumbnail

Understanding the Performance and Monitoring Phase of Construction

Levelset

The performance and monitoring stage is a phase in which the project’s progress, timeline, and budget are constantly assessed in order to keep the job on track. Once the project owner selects a contractor, they’ll draw up contracts and the general contractor will start scheduling subcontractors and applying for the appropriate permits.

Lien 52
article thumbnail

Buyer Beware: Five Commercial Construction Questions to Ask Before Purchasing a Distressed Note

HardHatChat

It’s better to catch that damage upfront so you know the true cost of the construction project instead of increasing your scope and budget afterwards. Has the building permit expired? Or, what you thought was a “great deal” can turn upside down quickly. What have your dealings been like with distressed properties?

article thumbnail

Develop a Commercial site with BRIKS Design-Build Group

BRIKS Design-Build Group

Apart from dealing with the government there are certain personal interests that you have to consider. Get Your Hands On The Permit Receiving a permit for your commercial site can be a daunting job because there are lots of aspects that have to be looked out for. Sounds pretty complex, right?