Parking Garage Construction Cost Per Stall

The cost of a parking space is the cost per square foot times the square foot per parking stall.

Parking garage construction cost per stall. The average structural cost for a parking structure varies with geographic market and can range from 35 per square foot to as much as 65 per square foot. Contractor fees gc overhead profit 25. Parking lots average 2 50 3 00 per sq. This cost can range in price from 0 90 to 2 50 per square foot.

There are a few other costs that can drive a parking garage to be more expensive. A surface parking structure will be much less. Parking costs up to 3 50 hour for a meter and up to 40 day for a garage in san francisco. This gives you an all inclusive cost of 50 80 per sq.

In most cases that cost averages 15 20 000 per parking spot. Parking structure costs have climbed to 100 000 a stall but that hasn t dissuaded sound transit from adding a kent garage that voters were promised in 2008. Parking garages can be priced out in a few ways with the cost per space being one of the most common. Small parking lots 10 30 spaces 4000 to 10 000 square feet cost between 5 000 and 20 000.

More efficient layouts with more parking per square foot are more affordable and smaller taller or complex layouts tend to be more expensive. As of march 2019 our statistical data indicates that the median construction cost for a new parking structure is 21 500 per space and 64 77 per square foot increasing 5 1 from march 2018 when the median cost was 20 450 per space based on our historical database. Structural efficiency is a measure of the total construction cost divided by the total area of the structure including stairs elevators ramps and all parking areas. To build a standard five story parking garage that is 145 000 sq.

But how much does it cost to create the parking. If you take the entire range from easiest to most complex it is 10 25 000 per space. Ft expect to pay as low as 7 250 000 or 11 600 000 on the high end. The cost per space varies by area but the average cost is between 24 000 and 25 000 per space for a parking garage.

8 efficiency this is the amount of square footage it takes for every parking stall overall. Looking to build a parking structure. A 200 stall parking structure on a small site may cost about 30 more per square foot than a 1 000 stall structure on a reasonably sized lot. Larger parking lots 30 300 spaces 10 000 to 100 00 square feet cost between 12 000 and 200 000 to construct.

Parking garage cost per space. According to one ucla professor up to 38 000 per space. Parking garages are often budgeted on a cost per space.