That's a good question. The answer, like so many major issues, is "It depends." A commercial building makeover might take anything from 6 months to a year or more to complete, depending on the specifics, scale, and qualities we choose. The time it takes to obtain resources can have a significant influence. If you don't already have plans for your space, that will add time to the process.
In general, a major renovation of a 10,000-square-foot office building will cost between $750,000 and $1 million. It's important to consider how much money you are willing to spend in order to get what you want for your office space. We often recommend starting with a budget of at least 5% of the property's value. If you can't find any properties within your price range but still want to be able to afford a significant investment, consider moving up to 10% of the property's value.
Also important: understand what types of expenses you can control. Are you responsible for heating/cooling? If not, this may increase your costs significantly. Are there mandatory upgrades required by your city? If so, this should be considered early on in the process.
Finally, know what types of decisions you want to make yourself. If you don't want to hire a designer/architect, this may increase your costs significantly. Consider these decisions early on so you don't end up spending more than you wanted.
Home renovations typically take between 4 and 8 months to complete. There are exceptions to this guideline for very minor or very big projects, but most home renovations will fall somewhere within this time frame. Bigger projects may take longer because there's more to work with over small spaces.
The length of time that it takes to renovate a building depends on the size of the project and how fast you can work. If you choose a nice easy project, it should take no more than four months, maybe a little less. If you pick something difficult like rewiring a house, then it might take longer than eight months.
Most people think that home renovations are expensive things, but they don't have to be if you do them right. An efficient crew and good planning can make any project feasible, even if you have to buy cheap tools and furniture replacement is allowed. Of course, cost is also dependent on your skill set as a designer and builder and what kind of quality you want to achieve. A high-end renovation could cost much more than an average-quality one.
The best part is that once you've finished, your renovated home will be worth much more than before. You'll get more money for your property and have more options when selling it. That's why we recommend doing home renovations!
Most home building projects take between six and eight months to complete. This timetable may be a little longer for multi-family or commercial building projects, depending on the scale of your project. If you're building a small house, you can expect to spend about 30 days per average month of weather condition in your area.
Large buildings such as skyscrapers or factories can take years to finish because there's so much to do. A new skyscraper in New York takes about four years to build from start to completion. The Willis Tower (formerly known as "Chicago World's Fair" or "Cloud Gate") took ten years to complete. The current record holder for longest building is the Burj Khalifa in Dubai, which was built in less than six years. It's almost 80 stories high and it holds 840 people.
Here are some other examples: the Grand Canyon National Park visitor center took five years to build; the Sydney Opera House took three years; the Space Shuttle Challenger disaster site is still being cleaned up after lying dormant for seven years.
Of course, building a house isn't like launching a space shuttle - it's not a one-time thing. You need to adjust your schedule according to different factors such as material costs, the weather, and the number of people helping with the construction.
A Place to Start Most commercial buildings larger than 10,000 square feet, for example, will take 4–6 months to construct. When it comes to larger industrial buildings and more sophisticated office buildings, say 50,000 square feet or more, it can take six to eight months. The amount of time it takes to build a warehouse depends on the size of the building and the type of construction used. A typical metal building with insulated panels can be completed in 4–6 weeks. A wood building takes longer because there is more work to be done around the windows and doors which are not metal but rather wood. The length of time it takes to build a warehouse should not be taken as an estimate of how long it will last, since weather conditions may cause structural problems later.
The quality of life in a large city like Chicago tends to deteriorate as you move away from the lake shore or downtown area. However, people have been living farther out in the suburbs for years now, so this kind of change isn't as true today as it was earlier.
Suburban communities tend to have more affordable housing than urban centers, which means that you can find cheaper prices per square foot in some suburban neighborhoods. This is not always the case, though; if you're looking to live in a prestigious suburb, you might want to consider moving closer to the city center.
Large cities also offer more variety of jobs and opportunities.