Construction Cost Estimate for an Underground Parking Garage in Minneapolis, Minnesota
The following analysis estimates the cost to build an underground parking garage with reinforced concrete / r/conc. frame for Minneapolis, Minnesota. 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 2008 RSMeans data. A more accurate estimate using current RSMeans cost data is available on Means CostWorks - our online cost estimating tool.
| Underground Parking Garage with Reinforced Concrete / R/Conc. Frame | |||||||||||||||||||
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| Square Foot Cost Estimate | % of Total | Cost Per SF | Cost |
| Total | $53.99 | $5,398,500 | |
| Contractor Fees (GC,Overhead,Profit) | 25% | $13.5 | $1,349,625 |
| Architectural Fees | 6% | $3.24 | $323,910 |
| User Fees | 0% | $0 | $0 |
| Total Building Cost | $70.72 | $7,072,035 | |
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Additional Underground Parking Garage Square Foot Cost Models Available:
| Location | Labor | Wall Type | |
| MINNEAPOLIS, Minnesota | Open Shop | Reinforced Concrete / R/Conc. Frame | view model |
