
Parking Structure Cost Outlook for 2019
In 2019, the median construction cost for a new parking structure was $21,500 per space and $64.77 per square foot, increasing 5.1% over 2018.
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Since 1987, the Texas Parking & Transportation Association has been a vehicle for individuals engaged with parking and transportation businesses in municipalities, hospitals, airports, universities, and parking authorities in Texas. This year, from April 22-25, 2019, parking professionals from across the region will meet in Houston for a three-day conference that includes educational sessions, roundtable discussions, tradeshow and networking events.
Nicole Chinea, Senior Project Manager with our Parking Solutions division, serves on the TPTA Board of Directors and is this year’s Conference Chair.
WGI will have several associates in attendance during the conference, so be sure to say hello! If you don’t catch us during the sessions, we will also be set up at Booth #4 in the Exhibit Hall.
WGI is a national design and professional services firm leading in technology-based solutions for the construction of public infrastructure and real estate development. At WGI, we’re providing Tomorrow’s Infrastructure Solutions Today.
In 2019, the median construction cost for a new parking structure was $21,500 per space and $64.77 per square foot, increasing 5.1% over 2018.
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