The initial planning phase of a TI project is the team works with the tenant to identify their needs and develop a scope of work for the project. The team will typically conduct a site visit to assess the existing conditions of the space and identify any constraints or challenges that may impact the design and construction of the project.
Once the scope of work has been defined, the team will develop a budget and timeline for the project. This may involve obtaining bids from subcontractors and vendors to determine the cost of materials and labor. The team will also work with the tenant to determine their desired move-in date and develop a construction schedule that minimizes disruption to their business operations.
During the planning phase, the project team will also need to obtain any necessary permits and approvals from local authorities. This may involve submitting plans and specifications for review and obtaining permits for building, electrical, plumbing, and mechanical work.
Overall, the initial planning phase of a TI project is critical in ensuring that the project meets the needs of the tenant, is completed on time and within budget, and complies with all regulatory requirements. The project team will need to work closely with the tenant and other stakeholders to develop a detailed plan that addresses all aspects of the project, from design and construction to budget and schedule.