Results from Google AI Search dated November 8, 2025:
A several-story parking garage in Menlo Park, CA, can cost *approximately
$85,000 to over $113,000 per parking space*, which translates to tens of
millions of dollars for the entire project. For example, a 636-space garage
built near Menlo Park in Palo Alto cost $50.2 million in 2020.
*Cost Breakdown*
The total cost for a multi-story parking garage in Menlo Park is influenced
by several factors:
- *Cost Per Space*: The most useful metric for comparison is the cost
per space. Recent data from a nearby city indicated a construction cost of
$79,000 per space in 2020, which in 2024 dollars would be over $113,000 per
space due to high California construction cost indices.
- *Total Project Cost*: For a typical multi-level garage of 500-600
spaces, the total cost could range from approximately *$43 million to
over $60 million*.
- *Construction Type*: Above-ground structures tend to cost less per
space than underground levels, which can cost nearly twice as much.
- *Materials and Design*: The primary material is concrete. Adding
features like elevators, stairwells, EV charging stations, and specific
architectural designs will increase the overall cost.
- *Location and Land Costs*: Building in a crowded city area like Menlo
Park, where land is at a premium, significantly increases costs compared to
areas with more open space.
- *Labor and Permits*: High labor rates in the Bay Area and various
building permit fees contribute substantially to the total budget.
*Summary Table of Potential Costs*
*Metric *
*Estimated Cost Range (Menlo Park, CA)*
*Cost per space*
$85,000 - $113,000+
*Total project cost (500-600 spaces)*
$43M - $60M+
*Cost per square foot*
$80 - $100+ (approximate, varies widely)
These figures are estimates, and the actual cost will depend heavily on
specific project requirements and market conditions at the time of
construction.
