What Affects the Cost of Building a Parking Space?

Sponsored with the generous support of Leonardo.

Investing to build parking is one of the biggest decisions that an owner can face, and the cost of parking can have a substantial impact on the financial aspects of a project. But what are the factors that can impact the final cost? There are important considerations that should be analyzed when determining what your future parking structure might cost: geography, size and efficiency, number of levels, structural systems, and amenities among several others. In this session, parking experts from Watry Design will evaluate these considerations, as well as the impact of the current market conditions on parking structure design and construction. Strategies will be presented to get the most value out of your investment.  

Learning Objectives  

• Explore different factors that impact the cost of building a parking space, including size, efficiency, structural system and programming and amenities. 
• Discover how the current market is impacting the design and construction of parking facilities. 
• Learn different strategies that will help you get the most out of your parking investment.  

Offers 1 CAPP Point towards application or recertification.

Presenters:

Matt Davis, Principal, Watry Design, Inc. 

Matt Davis has been creating parking solutions for over 20 years and is a certified Parksmart Advisor. In addition to delivering projects to satisfied clients, Matt’s projects have received recognition from the International Parking & Mobility Institute and other associations. An active participant in the International Parking & Mobility Institute, Matt has penned and spoken on a number of industry topics, such as the Future of Parking, Protecting Your Parking Investment and Right Sizing Parking. View IPMI Member Profile.

Taylor Kim, AIA, Senior Project Manager - Watry Design, Inc. 

Taylor Kim has been creating parking solutions for over 10 years. She has project experience throughout the parking lifecycle from early parking studies to full parking structure design to condition assessments of older structures. In addition to delivering projects to satisfied clients, Taylor’s projects have received recognition from the International Parking and Mobility Institute other organizations. She is an active participant in Women in Parking and the International Parking & Mobility Institute. View IPMI Member Profile.