Commercial-to-Residential Conversion Best Practices
Are you looking to get into the lucrative space of commercial-to-residential conversion? This sector offers a unique way to address the housing supply shortage, often by way of increasingly popular mixed-use developments. In this article, we will address commercial-to-residential conversion best practices so you can get out there and start building better!
What Goes Into Residential to Commercial Conversion?
Converting a commercial space into residential units involves tons of interior renovation, but it also requires an understanding of zoning laws and building codes tailored for residential occupancy. Before you transform a building for residential use, be aware of the existing zoning regulations. You’ll need to research your local municipality, since ordinances vary.
Residential building codes are significantly different from commercial ones, so renovating an existing structure may present unexpected costs. Commercial buildings often have different utility setups. Overhauling a site’s plumbing, HVAC, or electricity can be intensive, costly work.
What are the Best Practices for Effortless Conversion?
Due Diligence
Before getting into a commercial-to-residential conversion, due diligence is a must! Conduct thorough research into local regulations, requirements, and building codes. Then, connect with local planning departments to ensure you’re getting all the correct information.
Create a team of professionals who have experience specifically in commercial-to-residential conversions. Your architect, subcontractors, general contractors, legal team, and more should at least have some familiarity with these types of transformations.
Develop Your Permitting Strategy
The permitting process is often difficult to navigate. Break this process down into manageable stages. A clear strategy will help you to avoid delays and ensure compliance every step of the way.
What are Some Notable Commercial-Residential Planned Developments?
Below are notable planned commercial to residential planned developments courtesy of Hubexo’s ConstructionWire.
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