Construction Cost Estimates for Underground Parking Garage in National, US
The following analysis estimates the cost to build an
using US National Average costs from 2013 RSMeans cost data. Costs are derived from a building model that assumes basic components, using union labor for a 100000 square foot building. underground parking garage
Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs to build an underground parking garage in a specific city or metropolitan area, go to our
index of underground parking garage models by state.
NOTE: This cost estimate uses 2013 RSMeans data. A more accurate estimate using current RSMeans cost data is available on
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Underground Parking Garage Construction Cost Assumptions
Location: US National Average Stories: 2 Story Height (L.F.): 10.00 Floor Area (S.F.): 100000 Basement Included: No Data Release: Year 2013 Underground Parking Garage Square Foot Cost Assuming Reinforced Concrete / R/Conc. Frame
Cost Estimate (Union Labor) % of Total Cost Per SF Cost Total $$57.89 $5,789,000 Contractor Fees (GC,Overhead,Profit) 25% $$14.47 $1,447,300 Architectural Fees 7% $$5.07 $506,500 Total Building Cost $$77.43 $7,742,800
Cost Estimate (Open Shop) % of Total Cost Per SF Cost Total $$51.73 $5,172,500 Contractor Fees (GC,Overhead,Profit) 25% $$12.93 $1,293,100 Architectural Fees 7% $$4.53 $452,600 Total Building Cost $$69.18 $6,918,200