Construction Cost Estimates for Underground Parking Garage in Miami, Florida

The following analysis estimates the cost to build an underground parking garage for Miami, Florida. Costs are derived from a building model that assumes basic components, using union labor for a 100000 square foot building.

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 different 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 RSMeans Online - our online cost estimating tool.

Underground Parking Garage Construction Cost Assumptions
Location: Miami, Florida
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 $51.70 $5,169,600
Contractor Fees (GC,Overhead,Profit) 25% $12.92 $1,292,400
Architectural Fees 7% $4.52 $452,300
Total Building Cost $69.14 $6,914,300
Cost Estimate (Open Shop) % of Total Cost Per SF Cost
Total $46.19 $4,619,000
Contractor Fees (GC,Overhead,Profit) 25% $11.55 $1,154,800
Architectural Fees 7% $4.04 $404,200
Total Building Cost $61.78 $6,178,000