As a building or property manager, you may be looking ahead to the new year in regards to improving your apartment, store, business office or other structure. Making improvements to your building can bring added value to your property as well as convenience and safety for your customers and employees. Here are some building improvements to consider making in 2018.
Renovate Your Lobby
Whatever you can do to your building that changes its function or boosts its useful life is a good thing. Giving your current lobby a makeover is one improvement that not only adds value to your property but also adds beauty, convenience and functionality to your visitors. Ideas include cosmetic renovations, such as painting, hanging wallpaper, adding artwork, switching out the furniture, and refinishing floors. Structural renovations can include things such as knocking down walls for an open floor plan or adding new flooring.
Replace Light Fixtures
To save money on energy bills and save on lightbulb repairs and changes, consider replacing all light fixtures with energy-efficient models. LEDs, for example, offer many benefits over their conventional lighting counterparts, including an extended lifespan, reduced energy consumption and lower maintenance requirements. LED lights use 50 percent less electricity than traditional incandescent, fluorescent and halogen lights, plus they can last 30,000 to 50,000 hours longer. LEDs are also resistant to breakage due to falls, vibrations and other impacts. They aren’t contained in glass or quartz like traditional lighting is.
Replace the Roof
Commercial roofs take a beating but they are built to withstand harsh weather and the test of time. That being said, if your roof is coming to the end of its lifespan, you may want to consider replacing it now before major problems such as leaks or structural damage occur. Not only will the roof look better, it will require less maintenance, and will increase energy efficiency, saving you money and headaches in the future.
Upgrade Your Elevator
Improvements designed for the common good and that span many floors to benefit large amounts of tenants and customers, such as elevators, will add great value to your building. There are several benefits to upgrading your existing elevator, such as:
- Improved speed and efficiency
- More safety features
- Increased functionality
- Modern appearance
- Reduced maintenance and repair costs
- Lower energy bills
- Tax deductions
- Boosts the branding of your property, possibly lifting the occupancy rate
- Addition of new software and microprocessor-based controls, sensors and dispatch controls
In a nutshell, making improvements to your elevator by replacing or renovating it will improve reliability, help with tenant and visitor satisfaction, boost retention, and increase property value. If you are looking to upgrade your elevator in 2018, contact Mowrey Elevator for trusted design, service and installation.