There are many reasons why it is important to renovate your commercial landscape and here are just a few. If you are a commercial property owner, or property manager not currently happy with the look of your property, you may have been considering engaging in some landscape renovation. It might not be that your landscape is in tatters, but it may not grab the attention of visitors, customers, or tenants in the way you would like. It may seem like too much of an investment to take on issues within your landscape, or you may not have found the right landscaping company to perform the needed services. Whatever the reason, if you are on the fence about renovating your commercial landscape, there are a few reasons why.
Increase in Property Value
Right off the bat, this is the most pragmatic reason to invest in the landscape of your commercial property. Many studies have shown, and it is rather sensical that a property with a better landscape will be worth more. Oftentimes the investments you make in your landscape are considered amenities by those who would purchase it. Longer-term investments, such as trees and shrubs that take years to grow to maturity are a good example, as they provide privacy and structure to your property. Another example would be an outdoor hardscape that creates a community space in your HOA or corporate campus. It is undeniable that an investment in your landscape will present itself in your property value.
Better Curb Appeal: Attract Attention
Another great reason to renovate your commercial landscape is to have better curb appeal. The primary purpose of your landscaping is to make your property look pretty. This is done to entice new business, potential buyers, and current tenants to your property. If you want your commercial property to stand out from the rest, your outdoor look matters. The name of the game for commercial properties is acquiring new business, which is much more likely to be done on a better-looking property.
Increase Tenant and Resident Morale
Many scholarly studies show the benefits of spending time outdoors, and the biophilic effects of good landscaping. When you invest in your landscape and provide amenities for your tenants and residents, it will be recognized. If your current landscape is dead and dry, a renovation will keep your tenants happy. It will be seen as an investment in not only the landscape of your property but an investment in your residents. They will enjoy spending time in it, and your return on investment will be reflected in your retention rates.
Become Environmentally Friendly
Another great reason to invest in not only landscaping, but sustainable landscaping, is the contribution to the environment. When you utilize native plant material in your renovation efforts, you will attract wildlife and contribute to the health of the ecosystem. Sustainable landscaping can be easily integrated into your renovation in many ways, from the addition of low-maintenance hardscapes to the addition of technology that will increase the efficiency of your resource use. If you care about the environment, investing in your landscaping efforts is a great way to show it.