Hybrid Parking Garages Blog Posts

Summer 2015 Construction Economics - Gilbane - Cost of Parking

Posted by William Wieners on Thu, Sep 10, 2015 @ 17:09 PM

Hybrid Parking Design and ConstructionHybrid Parking Design and Construction 

Gilbane 2015 Construction Economics

 Gilbane has published their latest look forward for 2015 Construction Economics

LINK FOR DOWNLOADABLE PDF BELOW:

http://info.gilbaneco.com/gilbane-summer-2015-construction-economics-report

Whether you are interested in the trends effecting the cost of parking or the overall trends effecting the construction industry as a whole, we recommend you taking a few minutes to read what other industry observers are saying about the future of construction.

We believe in the mutual benefit we all achieve from sharing informative publications with our readers (that can be obtained from reputable sources) to help all of us interested in the construction industry be best prepared to service our clients and markets in 2015 and beyond!

Wells Fargo Economic Indicators

McGraw Hill Construction Data & Analytics  

 

US PARKING COST ESTIMATES:

Transportation Cost and Benefit Analysis II – Parking Costs (Victoria Transport Policy Institute)

US PARKING COST ESTIMATES:

PARKING COSTS, PRICING AND REVENUE CALCULATOR - Jan 2012 (by Todd Litman - Director @ the Victoria Transport Policy Institute, Victoria, BC Canadahttp://www.vtpi.org 

Cost of Parking  

How much does parking cost and what should you consider?

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PARKING GARAGE DESIGN GUIDE:

Whole Building Design Guide – Parking Garages (National Institute of Building Sciences)

http://www.wbdg.org/design/parking.php

 

Parkhaus   Car Park web resized 600

 

THE COST OF URBAN PARKING:

http://www.rideboldly.org/2011/01/21/the-cost-of-urban-parking/

 

True Cost of Parking

 

THE HIDDEN COSTS OF PARKING:

http://www.cat-bus.com/2010/08/hidden-costs-of-parking/


Famous Quotes:

"Price is what you pay. Value is what you get" - Warren Buffet (1930- )

"In God we trust. all others bring data" - Dr. W. Edwards Deming (1901-1993)

Topics: parking garages, hybrid parking garages, cost of parking, parking garage construction, parking garage feasibility, cost to build parking, parking design, Parking for adaptive reuse, Construction Economics, Gilbane Edge, parking garage design, design build, parking garage design build, steel and precast, Parking Construction, Affordable Parking, Temporary & Movable Parking, Urban Parking Concepts, ReloPark, robotic parking, automated parking

Spring 2014 Construction Economics - Gilbane Edge - Cost of Parking

Posted by William Wieners on Sun, May 18, 2014 @ 16:05 PM

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Gilbane Edge has published their latest look forward for 2014 Construction Economics

Gilbane Edge 2014 Construction Economics

Spring 2014 edition of Construction Economics - Market Conditions in Construction

http://info.gilbaneco.com/spring-2014-gilbane-building-construction-economics-report---market-conditions-in-construction

Whether you are interested in the trends effecting the cost of parking garage construction or the overall trends effecting the construction industry as a whole, we recommend you taking a few minutes to read what other industry observers are saying about the future of construction.

We believe in the mutual benefit we all achieve from sharing informative publications with our readers (that can be obtained from reputable sources) to help all of us interested in the construction industry be best prepared to service our clients and markets in 2014 and beyond!

How Much does a Parking Garage Cost to Build?

Wells Fargo Economic Indicators

McGraw Hill Construction

Dodge Momentum Index Leading Indicator

Parking Costs, Pricing and Revenue Calculator - Jan 2012 (by Todd Litman - Director @ the Victoria Transport Policy Institute, Victoria, BC Canada - http://www.vtpi.org

 

Famous Quotes:

"Price is what you pay. Value is what you get" - Warren Buffet (1930- )

"In God we trust. all others bring data" - Dr. W. Edwards Deming (1901-1993)

 

Topics: parking garages, hybrid parking garages, parking, garages, cost of parking, parking garage construction, parking garage feasibility, cost to build parking, parking design, Parking for adaptive reuse, Construction Economics, Gilbane Edge, parking garage design, design build, parking garage design build, steel and precast, steel garage, hospital parking, hospital garages, hospital development cost, robotic valet

Spring 2013 Construction Economics - Gilbane Edge - Cost of Parking

Posted by William Wieners on Thu, Apr 4, 2013 @ 05:04 AM

Affordable & Efficient Hybrid Parking

Affordable and Efficient Parking from Hybrid Parking

Gilbane Edge has published their latest look forward for 2013 Construction Economics.

Gilbane Edge 2013 Spring Economics resized 600

Spring 2013 edition of Construction Economics - Market Conditions in Construction

Whether you are interested in the trends effecting the cost of parking garage construction or the overall trends effecting the construction industry as a whole, we recommend you taking a few minutes to read what other industry observers are saying about the future of construction.

We believe in the mutual benefit we all achieve from sharing informative publications with our readers (that can be obtained from reputable sources) to help all of us interested in the construction industry be best prepared to service our clients and markets in 2013 and beyond!

How Much does a Parking Garage Cost to Build?

Wells Fargo Economic Indicators

McGraw Hill Construction

Dodge Momentum Index Leading Indicator

Parking Costs, Pricing and Revenue Calculator - Jan 2012 (by Todd Litman - Director @ the Victoria Transport Policy Institute, Victoria, BC Canada - http://www.vtpi.org

 

Famous Quotes:

"Price is what you pay. Value is what you get" - Warren Buffet (1930- )

"In God we trust. all others bring data" - Dr. W. Edwards Deming (1901-1993)

Topics: parking garages, hybrid parking garages, parking, garages, cost of parking, parking garage construction, parking garage feasibility, cost to build parking, parking design, Parking for adaptive reuse, Construction Economics, Gilbane Edge, parking garage design, design build, parking garage design build, steel and precast, steel garage, hospital parking, hospital garages, hospital development cost

2013 Cost of Parking Construction - from ForConstuctionPros.com

Posted by William Wieners on Tue, Dec 25, 2012 @ 11:12 AM
Affordable and Efficient Hybrid Parking Garages
Hybrid Parking Garages

ForConstructionPros.com has recently published their report on the 2013 Construction outlook, including trends.

Whether you are interested in the trends effecting the cost of parking garage construction or the overall trends effecting the construction industry as a whole, we recommend you taking a few minutes to read what other industry observers are saying about the future of construction.

We believe in the mutual benefit we all achieve from sharing informative publications with our readers (that can be obtained from reputable sources) to help all of us interested in the construction industry be best prepared to service our clients and markets in 2013 and beyond!

Construction News Tracker Video: 2013 Construction OutlookConstruction News

2013 Construction Economic Outlook is Better, Barely by www.forconstructionpros.com

AIA's Architect Billing Index for November 2012 

Winter 2012 edition of Construction Economics - Market Conditions in Construction

How Much does a Parking Garage Cost to Build?

Well Fargo Economic Indicators

McGraw Hill Construction

Dodge Momentum Index Leading Indicator

Parking Costs, Pricing and Revenue Calculator - Jan 2012 (by Todd Litman - Director @ the Victoria Transport Policy Institute, Victoria, BC Canada - http://www.vtpi.org

 

Famous Quotes:

"Price is what you pay. Value is what you get" - Warren Buffet (1930- )

"In God we trust. all others bring data" - Dr. W. Edwards Deming (1901-1993)

Topics: parking garages, hybrid parking garages, parking, garages, cost of parking, parking garage construction, parking garage feasibility, cost to build parking, parking design, Parking for adaptive reuse, Construction Economics, Gilbane Edge, parking garage design, design build, parking garage design build, steel and precast, steel garage, hospital parking, hospital garages, hospital development cost

Happy Hybrid Holidays! Good Luck to All in 2013

Posted by William Wieners on Mon, Dec 24, 2012 @ 16:12 PM

Hybrid Parking Garages offer Affordable and Efficient Parking Garage Design and Construction nationally

Hybrid Parking Garages

 

Happy Hybrid Holidays from Hybrid Parking Garages

Latest linked projections for the 2013 Construction season for parking garage construction.

2013 Cost of Parking Construction - Gilbane Construction Economics

2013 Construction Economic Outlook is Better, Barely from forconstructionpros.com

Famous Quotes:

"Price is what you pay. Value is what you get" - Warren Buffet (1930- )

"In God we trust. all others bring data" - Dr. W. Edwards Deming (1901-1993)

Topics: parking garages, hybrid parking garages, parking, garages, cost of parking, parking garage construction, parking garage feasibility, cost to build parking, parking design, Parking for adaptive reuse, Construction Economics, Gilbane Edge, parking garage design, design build, parking garage design build, steel and precast, steel garage, hospital parking, hospital garages, hospital development cost

2013 Cost of Parking Construction - Gilbane Construction Economics

Posted by William Wieners on Mon, Dec 10, 2012 @ 17:12 PM

Affordable Efficient Hybrid Parking Garages

Hybrid Parking Garages

Gilbane Inc. has recently published their latest winter report on the Economics of Construction for the US in 2013 and beyond, including trends and material costs.

Whether you are interested in the trends effecting the cost of parking garage construction or the overall trends effecting the construction industry as a whole, this narrative is an excellent read heading into 2013.

We believe in the mutual benefit we all achieve from sharing informative publications with our readers (that can be obtained from reputable sources) to help all of us interested in the construction industry be best prepared to service our clients and markets in 2013 and beyond!

Please feel free click on the LINK BELOW to sign up @ Gilbane's website and view the report: 

Gilbane Building Company

Winter 2012 edition of Construction Economics - Market Conditions in Construction

We hope you find Gilbane Inc's information as helpful and informative as we did. Below are additional links from Hybrid Parking Garages and other sources that may also be of interest.

How Much does a Parking Garage Cost to Build?

Well Fargo Economic Indicators

McGraw Hill Construction

Dodge Momentum Index Leading Indicator

Parking Costs, Pricing and Revenue Calculator - Jan 2012 (by Todd Litman - Director @ the Victoria Transport Policy Institute, Victoria, BC Canada - http://www.vtpi.org

 

Famous Quotes:

"Price is what you pay. Value is what you get" - Warren Buffet (1930- )

"In God we trust. all others bring data" - Dr. W. Edwards Deming (1901-1993)

 

Topics: parking garages, hybrid parking garages, parking, garages, cost of parking, parking garage construction, parking garage feasibility, cost to build parking, parking design, Parking for adaptive reuse, Construction Economics, Gilbane Edge, parking garage design, design build, parking garage design build, steel and precast, steel garage, hospital parking, hospital garages, hospital development cost, robotic valet

Parking Design Cartoons and the Cost of Parking

Posted by William Wieners on Mon, Jun 4, 2012 @ 21:06 PM

 Affordable Efficient Hybrid Parking Garages

Hybrid Parking Garages

What is the cost of your parking design when you are pricing from a cartoon?

In today's unstable market owners are seeking to take advantage of apparent bargains in the construction industry.  However the risk to all parties by buying "low bid" fragmented services from disparate firms continues to escalate as the industry contracts and financial instability grows.

Getting a low price for services or thinking that going design/bid/build is going to save money or is of greater value today than five years ago is probably not the best approach to create the best value for a project.

What has happened to the VALUE that traditionally resulted from CRITICAL THINKING?

What we see happening today in parking design translates into... You have a project... and you bid for a designer... they create a cartoon from which hungry construction firms invent prices for little or no fee.  Now you have an owner and designer who have unknown liabilities presenting a scheme which may not ULTIMATELY work for the proforma and/or patrons.  

You are now OFFICIALLY LOST IN THE LAND OF THE PARKING DESIGN CARTOON AND CRAYON SPREAD SHEET!... Add in "GROUP THINK" and "EGO" and it is a very bad day at the bank!

Group think in Parking Design

As the magnitude of costs start to sink in.. what do you do now that you realize that your proforma will not work because the cost of your parking is beyond your budget or worse beyond your ability to finance?  

You didn't know what you were getting into because there was no way to reasonably value the concept from the beginning.

Overcome Groupthink

For Example... we recently had the opportunity to help someone who was faced with the disconnect of a "PARKING DESIGN CARTOON" that went as follows:  

1) They had hired a design firm.

2) The design firm provided a concept based on what they had done in a "TIER ONE" market.

3) The team embraced the concept given to them "for fee" by a reputable firm but for a "TIER TWO" market.

4) The team then priced the concept and came to find that the parking was considerably more than what the proforma would bear.

5) In addition to the price being beyond the budget the concept was not user friendly for patrons with ramping and distances having to be traveled beyond practicality.

6) There also appeared to be 30% more parking spaces planned than were needed.

7) The overall site utilization was inefficient and huge opportunities for land banking were lost because of the way the concept integrated the parking into the entire development.

The challenge that was presented to us to solve was....

"HOW CAN YOU HELP ME GET THIS TO WORK?"  They had already tried to make the "CARTOON MORE EFFICIENT" but the total savings from all this effort resulted in only a few percentage points of cost savings and not nearly enough to solve the problem.  If they can't solve the parking... it will "KILL THE DEAL".

Our response... Toss the "PARKING DESIGN CARTOON & START OVER WITH THE CRITICAL THINKING PIECE FIRST"... 

"What?"  "Why?" we have a good team in place and this should work... our response was that it would work but it isn't affordable, efficient or user friendly... and then within the next HOUR TOGETHER... we helped show them what to consider to significantly lower the cost of their parking.  In addition to our parking design recommendations the changes we recommended would also result in considerable savings in OPERATIONS, MAINTENANCE and in the reconfiguration of the cash generating piece of the development.

We showed them that to get to the numbers they wanted they would have to scrap the "PARKING DESIGN CARTOON" not the team.  Implement changes and the result would be an overall savings in the whole program.  It should be ORDERS OF MAGNITUDE less costly, more efficient, more user friendly and most importantly meet your proforma.

This is a difficult situation for all involved, even us, to sit there and tell an experienced group that their "TEAM" has missed the mark.  The firms and people involved just didn't know... "OFF HAND" that the CARTOON wouldn't work... They didn't consider all aspects of what they were programming and were predisposed to "WHAT THEY HAD DONE BEFORE".

Don't forget critical thinking for parking design

Before you start with your next project and "PARKING DESIGN" ask yourself about the "COST OF FRAGMENTATION" and whether or not you want the fragmented approach or a more seamless approach to reach your overall goal of best value.

You have to ask yourself... How can I benefit from the right people at the table from the beginning... to get everything I need to take that first step in parking design and control my costs of construction and development.  

 

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There is much that traditionally goes into to the selection process of owner's when choosing the team for their next project.  When you are considering how to deliver and who to hire, please don't forget to add in the intangibles when planning your approach to your parking program and don't forget to consider the VALUE of CRITICAL THINKING.

 

"Service is the only thing that people buy that they never know the value of until after they have bought it"

 Famous Quotes:

"Price is what you pay. Value is what you get" - Warren Buffet (1930- )

"In God we trust. all others bring data" - Dr. W. Edwards Deming (1901-1993)

Topics: parking garages, hybrid parking garages, parking, garages, cost of parking, parking garage construction, parking garage feasibility, cost to build parking, parking design, Parking for adaptive reuse, Construction Economics, parking garage design, design build, parking garage design build, steel and precast, steel garage, hospital parking, hospital development cost, robotic valet, Parking Construction, Affordable Parking, Temporary & Movable Parking, Urban Parking Concepts, ReloPark, robotic parking, automated parking