Top Benefits of a Commercial Amenity Center

7/23/2021

As an owner of a commercial building, you might be looking for ways to better tenant experience and boost revenue. There are so many routes to take; beautifying the building, improving units, offering deals, and more. If you’re unsure just how to better your business, commercial amenity centers might be the answer. The financial return of a commercial amenity center is reason enough to start construction today.

Building a commercial amenity center can spur your business. Commercial amenity centers are spaces in your building for your tenants to use and enjoy. They’re more than just a laundry room; commercial amenity centers offer value and comfort to your tenants. The benefits of adding an amenity center to your building seem never-ending. They help in tenant retention and attract new tenants. Amenity centers can quickly increase the value of your building and may lead to more construction that also increases revenue.

With 30 years of experience in construction, D’Lauro and Rodgers can help you figure out an amenity center that works for your building. Whether it’s a remodel or new construction, we can help you build an amenity center that serves your business and your tenants.  Call us today at (215) 542-0100 to discuss your goals for a new amenity center.

Benefits of a Commercial Amenity Center

Adding a commercial amenity center to your building can bring a lot of benefits. Each benefit can bring a financial return, which is reason enough to invest in a new amenity center. Adding an amenity center to your building can help keep existing tenants, attract new ones, and add value to your building. It brings a sense of community too, which can be appealing to tenants.

Retains Tenants

Adding functional spaces to your building can help make sure tenants renew their lease. Building an amenity center for your tenants shows them that you care about their experience in your building. Giving tenants fun and usable spaces can make them stay in your building longer. This means sustained capacity in your building and fewer empty units. A high tenant retention rate can make your building look more desirable to possible leases because tenants seem to enjoy renting space there. If you’re having trouble keeping tenants in your building, adding a new commercial amenity center may help.

Attracts New Tenants

It can be hard for commercial buildings to attract new tenants if they don’t have appealing features. Building an amenity center can increase interest in your space among potential tenants. When looking for a new office or retail space, people want the best experience they can find. Suppose your building offers an amenity center that’s useful and enjoyable for tenants. In that case, you may find yourself getting many rental applications. Making your building desirable by adding an amenity center can cause new tenants to join your building. If you can’t seem to get new tenants, offering an amenity center might just do the trick.

Adds Value to Your Building

The value of your building is likely to increase after you add a commercial amenity center. Amenity centers provide value to tenants, which increases the value of the rented space. As the value of your building increase, so can the rent. Amenity centers can boost your revenue not only because of tenant retention and attracting new clients but adding real value to your building. As amenities offered increase, so can the rent you require for each unit.

What Type of Commercial Amenity Center Should I Choose?

Why choose one? The benefits of building a commercial amenity center may make you consider adding a second or a third. The return amenity centers can lead to further construction, which could boost your business more and more.

But to start, the type of amenity center you offer is up to you. Based on your tenants, what would work best for them? What would be used the most? Ask yourself these questions when figuring out what you’d like to offer in your amenity center.

There are options; you can get ultra-specific and give current tenants a space you know they’ll love, or you can build something a little more general that new tenants might like. Giving your tenants space they’ll use and enjoy can help build a community. Whether they’re in different office spaces, having a communal amenity center that all of your tenants can share may give you the best results.

What is the Cost of a Commercial Amenity Center?

The cost of building or remodeling a commercial amenity center will depend on the size of the space and what you want to do. Talking to the contractors at D’Lauro and Rodgers can help you understand the overall construction cost and figure out your options. The good news is that once your amenity center is finished, you can start to see its benefits.

You won’t pay the price of distracting construction, though. D’Lauro and Rodgers knows how important it is to keep a clean working area and stick to the hours agreed to not annoy tenants. Don’t worry about lack of communication; D’Lauro and Rodgers prides itself on its clear and constant communication with clients.

Despite the initial financial cost of construction, the result of the amenity center will likely be worth it. Creating a space for your tenants to use and enjoy can boost your revenue and beautify your building. The benefits of a commercial amenity center might just bring your business significant success.

Start Your Plan for a Commercial Amenity Center Today

Take advantage of the benefits of a commercial amenity center and consider adding one to your building. Call D’Lauro and Rodgers today to discuss your project at (215) 542-0100.

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