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Modernization

Extend the life of your elevator system

With proper maintenance, elevator systems can often operate for 40 to 50 years or longer. As equipment ages, building owners eventually face a decision. Continue repairing older components, or invest in modernization. Eventually every elevator has to be modernized or replaced. The trick is to stay ahead of it and make sure the funds are in place to budget for it when the time comes.

Signs it may be time to modernize

  • Increasing shutdowns or service interruptions
  • Difficulty sourcing replacement parts
  • Higher repair costs year over year
  • Outdated or non-compliant code components

A typical elevator modernization can exceed $100,000, so planning ahead is critical. At Fairway Elevator, we work closely with building owners and facility teams to identify modernization timelines early, so you can plan and budget instead of being surprised by emergency replacement needs.

Modernize or replace

The right call depends on the condition of your hoistway, the age of the existing equipment, and your budget timeline.

Factor Modernize Replace
Typical cost $80K to $150K plus $250K plus
Downtime Days to a few weeks Several weeks to months
Hoistway changes Minimal Often significant
Code compliance Brought up to current code Built to current code
Existing equipment Reuse what is still serviceable All new
Best when Hoistway and structural components are sound, controller and mechanical wear is the issue Equipment is end of life or hoistway needs major rework

Most commercial elevators in good structural shape are better served by modernization than replacement. We help you make the call by surveying the equipment and the building.

Modernization without the guesswork

Modernizing an elevator does not necessarily mean replacing everything. In many cases, the goal is to replace key systems such as the controller, door equipment, or power unit while retaining other components that are still in good condition.

Rather than piecing together components from multiple vendors, we offer pre-engineered modernization packages designed specifically for the existing elevator equipment being upgraded. This approach reduces downtime, simplifies installation, and helps ensure everything works together properly.

Our Modernization Team Works With Building Owners To

  • Survey existing equipment
  • Identify code compliance gaps
  • Recommend cost-effective modernization strategies
  • Coordinate installation and inspections
  • Minimize disruption to building operations

Modernization Simplified

Five core assemblies, engineered to work together

Your time is too valuable to spend sorting through dozens of equipment options. Our modernization packages typically include five core assemblies, each engineered to integrate with the existing elevator equipment being modernized.

Controller

Modern, non-proprietary controllers built to integrate cleanly with existing equipment.

Power Unit

Hydraulic power units sized to match the existing equipment and optimized for reliability.

Fixtures

Updated hall stations, car operating panels, and signal fixtures for a fresh, modern look.

Door Operator

Door equipment is one of the most common failure points. New door operators meaningfully cut callbacks.

Wiring Kit

Pre-engineered traveling cable and fiber wiring kits matched to the controller and door equipment.

Proven equipment suppliers

We partner with trusted industry manufacturers to deliver the right components for each project.

Controllers
  • Smartrise
  • Alpha
Power Units
  • Maxton valves
  • SEES tank equipment
Fixtures
  • Innovation
  • PTL
Door Operators
  • GAL
  • Wittur
Wiring Kit
  • Draka

Cosmetic Cab Upgrades

Refresh the look of your elevator cab

Modernization can also improve the appearance of your elevator cab. Explore finish options using our Fairway Elevator Cab Builder.

Complex modernizations

Some modernization projects require additional engineering and customization. Fairway Elevator is not tied to any single equipment supplier, allowing us to select the best components for each individual project.

  • Traction elevator modernizations
  • Freight elevator upgrades
  • Projects with architectural specifications
  • Historic buildings
  • High-use commercial facilities
Modernization planning services
  • Equipment surveys
  • Code compliance reviews
  • Budget planning assistance
  • Installation scheduling
  • Full project management

We modernize commercial elevators across metro Atlanta, Georgia, and throughout the Southeast. See the cities we cover .

Talk with our modernization team

Let us help you plan ahead. We'll survey your equipment, flag compliance gaps, and put together a clear modernization plan.