Cost To Build Parking Garage

The cost of parking can have a substantial impact on the financial aspect of a project.

Cost to build parking garage. Most people spend 16 000 to 37 000 on this project. In 2019 the median construction cost for a new parking structure was 21 500 per space and 64 77 per square foot increasing 5 1 over 2018. The cost range to build a garage is 11 000 to 101 000.

The cost to build a parking garage varies by location size and whether you build up or have some parking below ground. Construction cost estimates for parking garage in national us. Building a parking garage.

Cost to build a garage. This gives you an all inclusive cost of 50 80 per sq. The range of prices depends greatly on size materials and whether it s an attached or detached garage.

To build a standard five story parking garage that is 145 000 sq. Costs are derived from a building model that assumes basic components using union labor for a 145000 square foot building. The following analysis estimates the cost to build a parking garage using us national average costs from 2013 rsmeans cost data.

As an example the square footage for parking each car is generally more than one person takes up for his or her office. More efficient layouts with more parking per square foot are more affordable and smaller taller or complex layouts tend to be more. Multi level parking garage above ground.

Below are the top 10 issues that affect how much it costs to build a parking space. 1 geography where the project is located has an. There are also many strict code requirements that must be followed when building a garage of this nature so that may impact your building costs as well.