multi-level parking garage on two underground levels and two four-person elevators. The highest costs are $22.08M for a 250,000 sq.ft. The lowest costs associated with this project are $150,000 for a 30,000 sq.ft. The national average price to build a parking garage ranges from $7.5M to $12M with most people paying around $9.75M for a 150,000 sq.ft. Every company has different car park needs and car types, so the parking structures vary in shape and materials to accommodate the different needs. A parking garage makes a good choice for meeting parking demands because by building in levels, you can fit more cars in a set amount of square footage than you could in the same square feet in a surface lot. The more visitors you have to an area, the greater the need for adequate and accessible spaces that will fit a specific number of cars. Having enough spaces to park in is a serious issue for businesses, cities, and downtown areas.
Updated the Parking Garage Prices by Location section and subsections.Updated the Parking Lot Cost by Type section with a table and subsections.
Updated the Parking Garage Cost per Space section.Updated the Parking Lot Costs per Square Foot section and table.Updated the costs throughout the guide.Updated the introduction with new information and costs.