A luxury buildout is generally associated with specialty finishes, materials, and engineering. While those aspects are drivers for a higher cost, the reality of the matter is that a luxury price tag is primarily tied to the complex coordination and processes needed to complete a high end build. To build luxury is to have a systems driven process that ensures the entire build experience is a success. Whether a high end restaurant or luxury store front, this blog will help you understand where and what drives the price of a high end commercial build.
What Is A “High End Commercial Space”?
Luxury is more than aesthetics, it is a matter of making a space that will last and perform. The goal of a high end space is one that will not only be incredibly durable but will have integrated systems and anatomy that not only meets a client’s needs but allows higher performance. Better kitchen spaces, streamlined electrical systems, hidden storage, complex light systems, and the like. Luxury is just as much about an ergonomic experience as much as it is about an ergonomic space.
Design Complexity
The anatomy of a high end space is where a build becomes one of a kind. From integrated details and meticulous layouts, to create a space that is designated as ‘custom’ brings with it a design complexity that requires an expertise and timeline that may raise the cost of your build.
Premium Materials and Refined Finishes
Generally, clients will see the cost of elaborate finishes arise from the cost of the actual material. However, in some cases a larger cost can come from the actual installation. Specialty materials may require specialty handling to ensure the integrity and refinement of said finishes. From specific storage practices to on site vs. off site work, the actual work that goes into the material may take more time or be more expensive than expected. With that said, to hire a team of qualified individuals that can coordinate, handle and install said finishes will cement the build’s caliber.
The “Perfection Tax”
The term “perfection tax” describes the lost time and cost needed to reach a desired outcome. Things like mockups, samples, reworked provisions. While it may eat up time and potentially accrue unforeseen costs, this is not an investment wasted. Patience and thorough planning is not only a warranted cost for a luxury outcome but necessary.
MEP Upgrades
While you don’t get to see the electrical, plumbing, and other behind the wall functions, the refinement of said components can drastically improve a build. In a luxury restaurant this might be in complex grease traps, specialized equipment, higher load capacity. Similarly for hospitality this might be specialty lighting and HVAC systems that reduce noise and raise comfort for customers. Either way, behind the wall functions can be seen as the foundation of the refined processes and engineering that you may desire for your build.
Consultations, Permits, and Procurement
The drafting of timelines, periodic inspections, and build revisions, will raise costs. Consultations on custom MEP’s, material storage/shipping, the outsourcing of work spaces etc.: These are just some aspects associated with high end commercial builds. However, each of these processes is meant to protect your investment, ensuring that the build will not go awry. In the grand scheme, it is a miniscule cost compared to the liability that can occur when every detail isn’t checked.
The Cost Of Luxury Is In The Details
The cost of luxury is widely spread across more than just the larger details. While the materials you can see and the finishes that you can touch will drive up costs, some of the true costs are in the expertise you are paying for. To handle, coordinate, install and design with the foresight and care for said custom materials and engineering ensures that your investment is secure. Hiring a contractor like MODAA ensures that an extensive set of knowledge and a wide reaching network of vendors are at your disposal. Not only will we ensure your build’s success, but we understand the small details that make a build not just great but grand.
Where Your Vision Finds Its Build.