If you have visited downtown Murfreesboro recently, you are probably aware of the changes that are taking place. Organizations such as Main Street Murfreesboro and Downtown Murfreesboro Business Association are working hard to enhance and promote the historic downtown and economic vitality of the region. We are pleased to be a part of that effort, and our recent work at 527 North Maple Street is just another Rutherford County commercial project we have completed.
Value Engineering: Why It’s Essential to the Success of Your Project
This One Factor Influences Construction Costs the Most
There are many factors that influence the cost of construction. Some are obvious: land acquisition, permits and construction costs. Then there are the future costs or life-cycle costs to consider: maintenance, repair, replacement—the cost of keeping the facility and its systems up and running. One of the most effective ways to control construction costs is to establish early involvement on behalf of the owner AND the contractor.
8 Ways to Reduce Commercial Construction Costs
First, let’s be truthful and realistic: there simply is no cheap, easy solution to commercial construction. By definition, building a facility for business operations is going to cost money, regardless of the delivery system you choose. But, hear me now: the #1 way to reduce commercial construction costs is to stay away from the lowest bidder.
The Better Way to Build: The Benefits of Design-Build Construction
What business wouldn’t want to choose a building process that offers opportunities to save money, to reduce construction time, to allow customization, to optimize quality, and to streamline the entire experience? No hands raised in the audience? That comes as no surprise to all of us at Dow Smith Company. We’ve worked with hundreds of clients since 1992, and those are key advantages that every one of our clients has valued.
When it comes to establishing or expanding a commercial operation, one of the most critical decisions business owners and executives face is whether to lease a commercial space or build a ground-up facility. Both options have their merits, and the choice ultimately depends on your business goals, financial situation, and long-term vision. As a design-build firm, we understand the complexities of this decision and aim to provide clarity on the benefits and advantages of each option.