Parking at TTU Parking at TTU could become much easier by simply building a parking garage. As seen below, a 145,00 square foot, 5 story garage can be built for a little over 5 million dollars. With a tuition raise of only $20 a year at our current enrollment of 10,800 students, this building could be paid off in less than 30 years. I can%u2019t speak for other students but I would be glad to pay $10 more a semester to get a garage similar to this. I realize I would never reap the benefits, as I will hopefully be gone before it would be completed, but I believe it would greatly benefit the university. If you agree, I urge you to sign this petition and pass it along.Kelly Laycockkhlaycock21@tntech.edu Construction Cost Estimate for a Parking Garage
RSMeans Quick Cost Estimates
The following analysis estimates the cost to build a parking garage with reinforced concrete / r/conc. frame using US National Average costs from 2008 RSMeans cost data. Costs are derived from a building model that assumes basic components, using open shop labor for a 145000 square foot building.
Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs to build a parking garage in a specific city or metropolitan area, go to our index of 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.
Parking Garage with Reinforced Concrete / R/Conc. Frame
Location:
US National Average
Stories:
5
Story Height (L.F.):
10.00
Floor Area (S.F.):
145000
Labor Type:
Open Shop
Basement Included:
No
Data Release:
Year 2008
Cost Per Sq Ft:
$36.36
Building Cost:
$5,272,095
Square Foot Cost Estimate
% of Total
Cost Per SF
Cost
Total
$27.76
$4,024,500
Contractor Fees (GC,Overhead,Profit)
25%
$6.94
$1,006,125
Architectural Fees
6%
$1.67
$241,470
User Fees
0%
$0
$0
Total Building Cost
$36.36
$5,272,095
