When you undertake the redevelopment of your commercial buildings, you are likely looking to increase the value of your asset. You take your old and tired buildings and reinvent them and, in so doing, increase both the value of the property and utilise the space better for your business. Investing money in property is a serious undertaking, as ensuring a return is a fine balancing act. Commercial property can quickly become a money pit with little hope of the building being the asset you hoped.
Here we explore the many benefits of redevelopment and why installing the right Building Management Systems will enhance the return on your investment.
Rejuvenates the area
Being the first to move to redevelop an area provides added benefits to the properties around. You are taking an area that might not have seen much footfall and inviting your customers and clients into the district. As a result of your work, the value of other buildings will increase too.
The first-mover advantage comes with a higher potential return on the risk of your investment. However, for a time, the security of your property will be high in your mind. The facelift you give to your building and the buzz you create could attract more than just the attention of purchasers.
The work done in Brighton, for instance, has been dramatic. Cube Controls has worked to install systems in commercial properties that are completely able to fulfill the potential of the area. The right Brighton BMS design gives developers the peace of mind needed, with controls allowing the monitoring of their asset from afar. And, by editing and deploying the full power of a client’s BMS a building can be divided into multi-tenant zones complete with automatic energy billing.
Protects the environment
Choosing to redevelop commercial buildings is an ethical choice. It is sometimes easier and cheaper to develop out of town on a new greenfield site. However, this adds to the loss of natural habitats and leaves dilapidated buildings demolished and sent to landfills.
When choosing to redevelop, you can continue your commitment to protecting the environment with the installation of a quality BMS. A smart system helps you control the air quality and temperature within the building and reduces utility usage.
Creates jobs
Creating jobs and inviting people into a building to work together is a challenge in a post-COVID world. We are more conscious than ever of the potential pitfalls of investment in large commercial properties that could lie dormant for months. However, a redeveloped property in a run-down environment can power the local economy and help a community back to its feet.
Here, the right BMS system is essential; controlling the airflow and air quality in the building can be done through a central control. Your building can respond to the needs of the inhabitants, even when the world throws a curveball, such as a pandemic.
Redeveloping commercial buildings comes with many financial and ethical benefits. The rewards are high, even if the risks feel steep too. However, hiring a designer to create the perfect BMS for your building will do much to maximise the return on investment.
If you are interested in integrating a BMS into the redevelopment of your commercial space, contact us today. Cube Controls offers the best design advice for each building.
