4 Reasons to Update Your Commercial Spaces Before the New Year

Contents

1. Looking Fresh
2. Improved Functionality
3. Green Is The New Black
4. Increased Property Value

As the year draws to a close, it's the perfect time to consider updating your work and commercial spaces. Sometimes all it takes is a fresh coat of paint and some new furniture. Other times, it requires a little bit more planning, and some professional help to transform spaces from drab to fab. 

Creating a more functional and beautiful atmosphere in the office can set the stage for personal growth and success. So, here are four solid reasons why revamping your commercial spaces can be a smart and rewarding decision that ultimately improves a person’s overall well-being and productivity in the coming new year.

Looking Fresh

The first and most compelling reason to update your commercial spaces before the start of a new year is so that there is renewed aesthetics. Spaces that are aesthetically pleasing can be a source of inspiration and comfort, creating a positive atmosphere that you look forward to spending time in. Having an environment that is welcoming, bright, clean, and comfortable can also uplift a person's emotions and moods. 

In any kind customer-facing business, it is safe to say that image plays an important role when it comes to sealing the deal. A visually appealing environment can foster positive connections and leave a favourable impression on guests and elevate the overall customer experience. For retail and corporate businesses in particular, customized decorative wall and floor designs can be tailored to convey the brand's unique values and personality, fostering a sense of loyalty with customers. Furthermore, not only does personalizing a space strengthen a business’ brand identity, it also provides a competitive advantage in a crowded marketplace.

Lastly, working in an updated and well-designed space, be it a commercial office, retail establishment, or industrial facility, can make a significant difference in how effectively tasks are completed. 

Flowfast Quartz used to update an office flooring.

Improved Functionality

Other than good looks, conducive spaces must also serve the users’ needs. This leads to the next reason for revamping commercial spaces - to address areas with functionality issues. Are your ceilings and walls showing signs of water damage? Is there enough natural light in the workspace? Are there cracks in the concrete or is the flooring dated and worn out? Is your business environment up to date with existing fire safety regulations?

While upgrading furniture, machinery, or equipment is often the quickest solution, we have to bear in mind that improving production efficiency and safety should be seen as a long-term investment. This can be as simple as modernizing the space and ensuring that all safety and hygiene levels are of the highest standards. 

In addition, building codes related to fire safety regulations are updated periodically to incorporate new safety standards and technologies. Commercial property owners must stay informed about these changes and update their fire protection systems accordingly to remain compliant. Furthermore, when making changes to your commercial space, such as renovations, expansions, or changes in occupancy, the fire protection systems should be reviewed and modified to accommodate the new layout. In this way, prioritizing functionality creates a workspace that not only meets your current needs but also adapts to future changes in your business.

Green is the New Black

Why not start the new year by incorporating sustainable solutions into your commercial space? Besides simply riding the ‘green wave’ trend, sustainability is a responsible and forward-thinking approach that contributes to long-term success because it not only attracts new partnerships and open doors for investors and stakeholders, but also helps the company save energy costs.

Take the time during the year end to evaluate and tackle the areas that could potentially help minimize environmental impact and reduce your business’ carbon footprint. Consider looking at upgrading to energy-efficient windows and roofs, or by installing proper insulation to improve thermal performance and reduce utility costs. If you are the owner of a commercial property, you can even look into adding a green roof to your spaces to further offset carbon emissions and mitigate some of the environmental challenges associated with urban development.  

Another approach to going ‘Green’ would be to use environmentally friendly materials, including recycled, locally sourced, and sustainably harvested products during the renovations. Furthermore, integrating sustainable materials into the construction can help a building qualify for green building certifications such as LEED, which can result in financial incentives and recognition. Overall, a win-win for the environment and the business!

Increased Property Value

Commercial properties are prized in today’s booming economy. So, it goes without saying that well-maintained commercial and industrial spaces become valuable assets in cities. Upgraded spaces with modern amenities, improved aesthetics, and better functionality are often in higher demand, which in turn provides opportunities to generate more income from rent or lease agreements.

Dryvit's Custom Brick was used to renovate the façade of the Le Meridien hotel in Vietnam.

In relation to the earlier point, properties linked with sustainable practices and in-built eco-friendly materials also have a higher resale value and may be more attractive to environmentally conscious buyers, contributing to a higher return on investment and overall boost in your real estate portfolio. 

Do you want a more inviting and appealing space that will help attract new customers and retain existing ones in the coming year? Do you want to improve efficiency, comfort, and mood in the workplace? The year-end holidays often coincide with employees taking time off, making it easier to carry out renovations without affecting daily work routines. 

If for no other reason, make the decision to do your renovations during the year end period because it allows you to avoid scheduling conflicts and delays that may occur during busier seasons. Start the new year with a fresh outlook in a functional and fabulous space!

Let our team of experts help you transform your commercial spaces now! Get in touch.