Tenants rarely want what the developer drew. A flex building gets leased in bays of 2,000 to 5,000 square feet, and the first tenant wants a roll-up door and a floor drain, the second wants a showroom, the third wants a welding shop. The concrete and site work has to leave room for all three, which is why we think about the slab, the utility stubs and the parking before the walls go up.
Casper has several kinds of ground for this. Former tank farm land on the refinery reuse property is now a business center. Bar Nunn was laid out on old airfield runways. Mills has been growing, and its public works and building departments sit in town. Each setting comes with a different soil, a different utility availability and a different level of review, and the pricing follows.
Here is how we approach a flex or light industrial project in Natrona County, what the buildings need from us and what tends to push costs.
