10 Steps an Owner Takes to Construct a New Facility

Vaughn Prost

Building a new commercial property is a big and exciting task that requires careful planning and coordination. Whether you’re a business owner or investor, understanding the steps involved in the construction process is key to ensuring your project runs smoothly. 

Here are the basic steps required to turn your vision into reality:  

  1. Define your needs and budget Define your needs and budget to be sure of the size, purpose, function, construction costs, utilities, unforeseen expenses, and the building appearance you want. 
  1. Consult with a Design Builder, like Prost Builders, who works with an experienced Architect/Engineer. Design-Build is a single point of responsibility contract used to minimize cost, scheduling, and risks for the project owner and reduce the delivery schedule by overlapping the design phase and construction phase of a project. It’s also known as the ‘master builder’ concept—one of the oldest forms of construction contracting. Design-Build is centuries old, and this approach involves a team of consultants working with the contractor. By consulting and contracting with Prost Builders early on, you ensure your vision is realistic for your budget and schedule. 
  1. Find a suitable location that has visibility, foot traffic, correct zoning, and proximity to suppliers and clients. Prost Builders, working with a commercial realtor, can help you find a site that fits your budget and needs. 
  1. Secure financing with your bank with the best financing options. You’ll need to show the architectural renderings, your detailed business plans, and financial projections to banks or investors for this step. Prost helps you through this preliminary financial step. 
  1. Hire the right team of professionals! If you choose a Design-Build with Prost Builders, you’ll already have a top-quality builder with a highly skilled team of architects, engineers, subcontractors, and project managers to oversee the process. If not, you’ll need to acquire these experienced professionals by looking at their previous projects, years in business, whether they are a local company that knows all the best skilled subcontractors, and if they’re invested in their community’s future. 
  1. Obtain necessary permits and approvals with assistance from Prost Builders and their design consultants, where you learn about the requirements from your local government officials. 
  1. Finalize the design with the design-builder. Once permits are in place, you can begin the construction with your design-builder, which includes breaking ground, preparing the site, and constructing the building’s foundation and structural components, finishes, and mechanical/electrical systems. 
  1. Monitor progress and manage costs by checking in with your project manager to keep track of timelines and quality. Be prepared to make decisions on any unexpected issues that may arise. 
  1. Final inspections and approvals are required for your building before the grand opening of your company. These inspections ensure the safety codes, accessibility standards, and other regulations are met before you open for business. The Design Builder leads the inspections to help expedite governmental approvals. 
  1. Move in and begin operations!  

In conclusion, building a commercial property involves careful planning, skilled professionals, and close attention to detail. If you’re ready to start your new commercial construction project, or unsure where to begin, reach out to Prost Builders to guide you through each step. After 75 years in Missouri as one of the largest General Contractors/Design-Build Contractors, we are known for our commitment to total client satisfaction. Contacting Prost Builders is the FIRST step for your successful building project. 

What the Business Pros Know with Vaughn Prost

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