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High Court Affirms Taxpayer’s Eligibility To Claim Industrial Building Allowance

Due to the necessary racking and storage systems housed under its roof, ceilings are generally at least 60 feet high. Additional defining features include loading docks, large truck doors, and parking lots to accommodate the semi-trailers used for distribution. For instance, in Europe physical data on the buildings and socio-economic data on urban areas can be retrieved from Building Census and European Urban Audit , respectively, both maintained by EUROSTAT. Information on usage is usually provided by a land use plan , maintained from a local source like the municipality. His projects include the redevelopment of downtown’s former Pritzlaff Hardware Co. buildings into apartments, offices, event venues and other new uses, and the conversion of part of the Plankinton Arcade offices into apartments.

The post-construction process is the final inspection of the facility, including the foundation, electrical, and plumbing aspects, in order to ensure everything is operating properly and to make any necessary adjustments or optimizations. As discussed, ensuring all special functions related to the industrial building is functioning as it should, such as appropriate spacing and ventilation, is vital to ensuring its future success. According to a recent report by Colliers, the industrial industry is expected to weather the impacts of COVID-19 better than any other economic sector. COVID-19 drastically changed the way consumers not only purchase goods, but their buying patterns as well. In fact, it is reported that COVID-19 accelerated the growth of the e-commerce industry by 4 to 6 years.

Another major advantage in selecting steel for your industrial building is the quick and easy construction. Steel building kits come ready to be erected with simple, DIY-friendly bolt-together construction. This not only allows you to save up to 50% on time and material costs over traditional building materials like wood and stone, it also allows you to get your business up and running as soon as possible. Owners intending to use their premises in industrial buildings for uses other than those permitted under the lease may apply to the respective District Lands Offices under the LandsD for a temporary waiver or lease modification.

A great deal of short-term speculation of private industrial buildings transpires since the release of new revitalisation measures in the 2009 Policy Address. The expectation of a rising prices after this new round of revitalisation measures further intensifies short-term speculation. Using the prices in 1999 as a benchmark, the rising of price indices of flatted factories is even higher than all the other kinds of property including domestic, office and retail property. After Hong Kong’s returning to China in 1997, the changing institutional configuration brought Hong Kong both opportunities and challenges.

Development and improvement of the architectural design and structural design of industrial buildings are based on scientific studies determining the major trends for modern industrial construction. First, there is a tendency to create general-purpose industrial buildings in order to ensure optimal flexibility in the use of production areas when technologies change. Second, there is a tendency to standardize spatial organization and structural layouts for industrial buildings so as to permit the fullest use of the construction industry’s production capacity. Third, there is a tendency toward the maximum integration of shops and whole factories into enlarged buildings.

The redesign of the façades and exterior spaces were guided by the concepts of unity and formal homogeneity, leading to an overlay of a new skin in wavy perforated metal sheets along the existing exterior walls. The form, texture and permeability of this skin relates to the fabrics, primary material to the company. This formal analogy is then used in the interior spaces, mainly in the office modules located in the production areas and storage areas. The erection, extension or alteration of an industrial building or warehouse is considered to be permitted development, not requiring an application for planning permission, subject to the following limits and conditions shown below. No matter how many stories they have, modern industrial buildings generally have framed structures, with a reinforced-concrete, steel, or combined skeleton. The choice of skeleton depends on operating conditions, considerations related to saving on major construction materials, and the extent of investment in the building.

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