contactDeciding to build a commercial property involves making a lot of decisions and a tremendous amount of planning. Before construction may begin, a property owner must obtain a building permit. The City of Phoenix provides a comprehensive checklist that details its requirements before the city will issue a building permit.
New regulations proposed for Phoenix commercial property owners
Property owners have a myriad of factors to consider when deciding to build a new commercial building. Phoenix property owners must consider complex and ever-evolving local, state and federal commercial real estate laws. Depending on the outcome of a newly proposed law, commercial property owners may have another element to add to their list of concerns.
Is a building permit necessary when planning construction?
While improving one's home or business in Avondale might seem like a simple, straightforward process of securing the financing to do it, coming up with a plan and moving forward, it's actually more complicated than that. One aspect that must be considered is whether or not it's necessary to secure a building permit and what the process is for doing so. A key is to have the proper plans in place with construction designs and applying for the right permits.
As financial difficulties recede, home building improves
Arizona has long been one of the more upwardly mobile property markets across the country. Given the shaky nature of the economy in recent years, that has come into flux with residential and commercial real estate. While the economy has been improving, there are still ominous signs that homebuilding in large areas of the state, like the Phoenix area, are going to recover slowly. Although research has indicated that the market is improving, until there is a full-fledged recovery, the retail market may remain slow and profit can be difficult to guarantee.
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