Many cities in America and across the globe have neighborhoods that once were filled with industrial factories that now are transforming into trendy lofts, breweries, and restaurants. Some include multiple businesses or art studios. An enterprising entrepreneur may be interested in hopping on the bandwagon and renovating a building from a bygone era and revitalizing it for a modern audience. After writing a business plan and securing funding, make sure not to forget a few key things during your transition.
Keep the Spirit of the Original Building
Part of the allure of many of these kinds of businesses is the blend of the past and present. You may want to leave the faded painted signs on exposed brick walls and dangling Edison bulbs to harken to the turn of the century, and also use the best garage floor epoxy to cover your new cement with a modern twist. Finding ways to incorporate old machinery or fixtures into new, easily photographed centerpieces could help market your business through word of mouth.
Make Changes to Suit Your Business
Factories had different needs than you do. Whether you are building a bar and kitchen or transforming an old space into an apartment complex, you’ll need to decide where to install outlets and drains and modern facilities. You’ll also need to decide what kinds of tables and windows and decorations you want in your dream business, not to mention how to address the Wi-Fi capabilities of an older building. While people will love the charm of the vintage building, they also want to experience all the modern conveniences they are used to with similar venues.
Comply With All Regulations
Working with experienced architects and contractors can help take some of the headache out of renovating a rezoned business. Take care that all your electric and plumbing needs are up to code and that you’re in compliance with the Americans with Disabilities Act. Often, old buildings are grandfathered in until you make changes, so keep a close eye on the regulations before you call the inspector. Remember that the regulations are there to protect you and those who will be enjoying the new establishment, so don’t cut corners or allow others to convince you it doesn’t matter.
Reviving a building and repurposing it into a new business may add life to a neighborhood. Enjoy the process of transforming a historical location in your own backyard!
