How much does it cost to build a parking lot?
Cost to Build a Parking Lot
IT costs an average of $4,000 per space to build surface parking
lots, $20,000 per space for above-grade garages and $30,000 to
$40,000 for below-grade garages.
According to Shoup, "the cost of all parking spaces in the U.S.
exceeds the value of all cars and may even exceed the value of all
roads." Parking costs billions of dollars a year.