Commercial Renovations and Tenant Improvement Contractor Vancouver

HALLMARK PROJECTS LTD. – YOUR TRUSTED CONTRACTOR FOR COMMERCIAL RENOVATIONS AND TENANT IMPROVEMENTS

Who is responsible for the cost of commercial tenant improvements?

The most frequent procedure is for the landlord to pay for commercial leasehold renovations with a tenant improvement allowance, and the tenant to pay the difference if the cost of improvements exceeds the Tenant Improvement allowance. It’s commonly expressed as a per-square-foot or total dollar amount, and it’s decided during the lease talks. Although landlords are not required to provide any form of Tenant Improvement allowance, especially if the lease market is robust, it has become a popular inducement for leasing space in recent years. Most landlords are accommodating and will work with you to include TI overages in the monthly lease fee if the allowance is over, so make sure you ask if this is an option.

What are some instances of tenant improvements (TIs)?

Every business has unique requirements, and Tenant Improvement work allow them to tailor a lease space to fit those business requirements. Walled offices, a break room or kitchen, an additional restroom, conference rooms, drop ceilings, and painting are all examples of TIs. Dental chairs and cabinets, medical procedure tables, and industry-specific lighting are not covered by a TI allowance, so you’ll have to factor these into your budget when relocating into a new facility.

Hallmark Projects is a Vancouver commercial renovation contractor with an unwavering commitment to quality, innovation, and meeting clients expectation, we help our clients realize their visions on time, on budget, and to their complete delight.

RESTAURANT RENOVATION & COMMERCIAL KITCHEN RENOVATION

While designing a restaurant redesign takes a lot of time and effort, statistics show that it can result in a 40% boost in revenue. Set the proper aims and goals and enlist the aid of the right restaurant renovation contractor and restaurant remodeling company like Hallmark Projects, and you’ll be well on your way to reaping the rewards of your restaurant’s restoration.

The back of house costs, which include the commercial kitchen area, usually account for the majority of a restaurant renovation cost and restaurant remodeling cost. It should come as no surprise that a commercial kitchen renovation or commercial kitchen remodeling will be expensive. Always factor in the expense of plumbing, electrical, and gas connections, as well as the cost of installing commercial-grade gas stoves, freezers, and refrigerators, among other things, while designing. If you don’t plan for these charges, they will eat into your budget in a way that will jeopardize your restaurant’s restoration plans and timeframe. As a Vancouver commercial kitchen renovation contractor company and Vancouver commercial kitchen remodeling contractor company based in Metro Vancouver, Hallmark Projects can help you make some of the critical decisions and deliver a finished project you can be proud of.

At Hallmark Projects, we do renovations and remodels of restaurants, coffee shops, bars, bakeries, and other food-related facilities. A commercial kitchen that satisfies the needs of the staff as well as meets municipality codes and regulations is required to run a food and beverage facility.