The national median parking construction cost per space in 2010 is $16,167 and $48.54 per square foot. (Source: IPI Member, Walker Consultants, "Industry Insights," May 2010)
Copyright 2010 International Parking Institute, Inc. All rights reserved.
I do not wish to inadvertently trample anyone's authority in the dissemination of the statements above. My intent is to show that the typical property owner, having the desire to start a business, is subjected to undue financial burden in the requirement that he provide parking on his property.
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