In today’s evolving economic and regulatory landscape, businesses are looking for ways to stretch every dollar of their capital expenditures (CapEx) budgets. With new legislation known as the “One Big Beautiful Bill Act” (OBBBA) eliminating several key tax incentives, many companies are seeking opportunities to do more with less. As the leaders in office design/builds in Chicago, Key Interiors is positioned to help organizations take advantage of these opportunities by delivering cost-effective, high-impact design and build solutions that maximize every investment.

Understanding the Push to Reduce Capital Expenditures

Capital expenditures represent significant investments in buildings, equipment, and infrastructure. With rollbacks to energy tax incentives under the OBBBA, many companies are re-evaluating their budgets to capture tax benefits, grants, or incentives for cost-conscious upgrades and improvements before they expire. The goal is to drive growth and modernization without unnecessary spending within a limited timeframe—a challenge that requires both strategic planning and creative execution.

The Key Tax Advantages for Real Estate Renovations & Construction

Sec. 70421 of the OBBBA is especially important for real estate investors planning renovations or new construction. This provision allows some investors to defer taxes on qualified capital gains for up to a year when those gains are reinvested in a qualified opportunity zone (QOZ) fund. In addition, investors benefit from a “step-up” in the tax basis of their investment the longer it is held, meaning the longer the investment stays in the QOZ fund, the greater the tax savings. Most notably, if the investment is maintained for at least 10 years, any appreciation in the property could be completely exempt from capital gains taxes. For companies planning large-scale renovations or improvements, these tax advantages can significantly reduce capital expenditures and create long-term financial benefits. Key Interiors can help organizations design and execute renovations that meet QOZ requirements, ensuring that investors fully leverage these powerful incentives.

Strategic Design-Build to Stretch Budgets

Key Interiors’ integrated design-build approach is uniquely suited to organizations aiming to reduce CapEx. By combining design, construction, and furnishing services under one roof, Key Interiors eliminates the inefficiencies and hidden costs that often occur when multiple vendors are involved. A single point of contact means streamlined communication and fewer costly change orders. Early budget forecasting and value engineering further ensure that every design decision supports financial objectives.

Doing More with Less Through Smart Design

Key Interiors specializes in creating functional, aesthetically pleasing spaces that maximize every square foot. From reconfiguring existing layouts to optimizing traffic flow and storage solutions, our team helps companies repurpose and enhance what they already own. By identifying opportunities to reuse materials, incorporate modular elements, and invest in energy-efficient infrastructure, Key Interiors helps clients reduce not only upfront capital costs but also long-term operating expenses.

Partnering for Long-Term Savings

Reducing capital expenditure is not just about spending less. It’s about making smarter investments that pay off over time. Key Interiors’ comprehensive design-build services help companies achieve operational efficiency, reduce waste, and create spaces that support productivity and growth. Whether updating an existing office, redesigning a manufacturing facility, or building new corporate headquarters, Key Interiors provides the expertise to maximize ROI on every project.

With changes brought on by the OBBBA, there has never been a better time to reassess capital spending. Partner with Key Interiors to discover how thoughtful design and an integrated project delivery model can help your company do more with less while creating spaces that inspire and endure. Contact our team today to learn more.