Hybrid Parking Garages Blog Posts

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

Hybrid Integrated Parking Design Results in Rapid Garage Construction

Posted by William Wieners on Mon, Oct 1, 2012 @ 19:10 PM

Affordable Efficient Hybrid Parking Garages

Hybrid Parking Garages

Hybrid Parking Garages Completes Parking Design and Construction for Steward Health Care Employee Parking at Saint Anne’s Hospital in Fall River in Only SIX Months.

FALL RIVER, MA… Hybrid Parking Garages recently completes design and delivery of a multi-story employee hybrid parking garage at Saint Anne’s Hospital in Fall River.  Team members included Suffolk Construction, First Bristol Corporation and Steffian Bradley Associates. 

Utilizing Hybrid Parking Garages integrated design build approach to parking a custom parking garage solution for employee parking was conceived, developed, designed, permitted, constructed and turned over to St. Anne’s in just six (6) months.  Working together, from the earliest stages of project conception, enabled all team members to easily remain focused on completely achieving the owner’s objectives.

Steward Health Care's objectives were straight forward and clearly defined... provide Saint Anne's Hospital with the most affordable, efficient, low maintenance and durable structured parking solution, as fast as possible, on limited land within our control to park our employees within our proforma budget for parking.

In order for Saint Anne’s Hospital to rapidly expand its current services to patrons, the existing employee parking was relocated quickly to allow for construction of the new hospital services additions adjacent to the existing hospital.  The design/build delivery of this hybrid parking structure allowed for successful on-time completion within the tight owner’s schedule.

Saint Anne’s Hospital is a community hospital with comprehensive inpatient, outpatient, and emergency care services, serving adults and children in southeastern Massachusetts and nearby Rhode Island. Founded in 1906 by the Dominican Sisters of the Presentation, Saint Anne's Hospital is a member of Steward Health Care, the largest fully integrated community care organization in New England.

Saint Anne's Employee Hybrid Parking Garage

SAH Site Plan 2011 resized 600

With eight offices nationwide servicing all markets, Hybrid Parking Garages offers institutional, commercial, residential clients, and public agencies creative parking solutions focused on each client’s unique challenges and the delivery of real value and cost savings. Since the Hybrid approach is not based on a pre-established system, the design build team was able to deliver the optimal solution tailored uniquely to the needs of Saint Anne’s Hospital within the larger context of the larger project.

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 garage design, design build, parking garage design build, steel and precast, steel garage, hospital parking, hospital garages, hospital development cost

Steward Health Care Controls Cost of Parking with new Hybrid Garage

Posted by William Wieners on Sun, Apr 29, 2012 @ 18:04 PM

Affordable Efficient Hybrid Parking Garages 

Hybrid Parking Garages

Hybrid Parking Garages delivers Employee Parking for Saint Anne’s Hospital expansion in Fall River, MA.

 

FALL RIVER, MA… Hybrid Parking Garages has begun delivery of a multi-story employee parking garage at Saint Anne’s Hospital in Fall River in cooperation with Suffolk Construction, First Bristol Corporation and SBA.  In order for Saint Anne’s Hospital to rapidly expand its current services to patrons, the existing employee parking had to be relocated quickly, as did site enabling, to allow for construction of the new hospital services additions adjacent to the existing hospital.  Hybrid was selected to provide a variety of both parking and construction services to facilitate the delivery of a multi-storied garage rapidly within the owner’s limited parking budget.   Hybrid’s tailored and collaborative approach to parking delivery achieves optimal value according to each client’s unique needs, budget, challenges and use. 

The task assigned to the team was to provide Saint Anne’s Hospital with an affordable, efficient, durable and fast track design/build solution for a multi-storied employee garage on a tight urban site.  Working in tandem with the owner’s agent (First Bristol Corporation), the general contractor (Suffolk Construction Company) and the campus architect (SBA), our team was able to conceive, develop, design, permit and deliver the new garage seamlessly from conception to turnover.  Working together, from the earliest stages of project conception, enabled all team members to easily remain focused on completely achieving the owner’s objectives of durability, speed and affordability.

 

Saint Anne's Hospital - Steward Health Care

 

Saint Anne’s Hospital construction program involves the building of a new entrance on Middle Street which gives emergency walk-in patients and families direct access to all emergency services.  The current work increases two-fold the emergency room capacity of Saint Anne’s by providing 27 treatment rooms or areas, including 23 private treatment rooms, and  two trauma/cardiac treatment areas.  Saint Anne’s Hospital is a member of Steward Health Care which has announced the opening of several new components of its Emergency Department-Operating Room project.  The final phases of the construction will follow concurrently after the garage is complete.

Saint Anne’s Hospital is a community hospital with comprehensive inpatient, outpatient, and emergency care services, serving adults and children in southeastern Massachusetts and nearby Rhode Island. Founded in 1906 by the Dominican Sisters of the Presentation, Saint Anne's Hospital is a member of Steward Health Care, the largest fully integrated community care organization in New England.

With eight offices nationwide servicing all markets, Hybrid Parking Garages offers institutional, commercial, residential clients, and public agencies creative parking solutions focused on each client’s unique challenges and  the delivery of real value and cost savings.  Since the Hybrid approach is not based on a pre-established system, the design build team was able to deliver the optimal solution tailored uniquely to the needs of Saint Anne’s Hospital within the larger context of the larger project.

Saint Anne's Hospital Expansion

 SAINT ANNE'S HOSPITAL EMPLOYEE PARKING GARAGE - Fall River, MA

 

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, parking garage design, design build, parking garage design build, steel and precast, steel garage, hospital parking, hospital garages, hospital development cost

Shrinking Revenues require Strategic Planning for Hospital Parking

Posted by William Wieners on Sun, Mar 4, 2012 @ 16:03 PM
Affordable Efficient Hybrid Parking GaragesCost of Parking
Consultants predict that greater challenges are coming for Health Care providers to generate revenues to fund on going operations and development.

"despite a rosy construction report, the governing board received a harrowing forecast for the long-term financial prospects of American hospitals"

Healthcare Improvements
Revenue vs. demand will challenge Health care providers for years to come.
Couple all the uncertainty swirling around new health care laws, future revenue, higher costs to businesses, increasing costs to the nations health care providers with reduced funding sources, demographic demand challenges, our aging population and the rising re-admission rates nationally makes newer more affordable development options a must.
Readmission Rates
Patient Re-Admission Rates
Rural Statistics
Medicare Costs in Rural Areas
Strategic Planning and critical thinking will be even more important to achieve affordable development on upcoming health care facilities projects.
Most existing healthcare facilities are land locked and are under parked as it is.  As private equity increases it's role in health care funding it will face new challenges in determining how to improve existing assets and still provide convenient and affordable parking for employees, patrons and neighbors.
Cost of Hospital Parking 
Parking is a substantial cost of development and is actually considered by most as "site enabling" in health care construction.  In order for providers to deliver affordable services to patrons they will continue to try to grow and improve existing assets, in place.  Most assets are "land locked", comprised of an older existing medical campus never configured or planned for extensive expansion, this is true for both the urban and rural markets.  
In order for providers to upgrade their facilities, services and efficientcy they are constantly being forced to "re use & re configure" their existing, limited, parking sites to build or expand their existing facilities.  Subsequently, these new facilities in turn lead to greater demand on the reduced, remaining and shrinking parking inventories.  
The conflict between taking parking for expansion and yet still provide for affordable convienient patron friendly parking to service the new facilities and existing campus assets is increasingly more and more difficult to fund and deliver.
Money and Land (where you want it when you want it) are hard to find!
How will you achieve the optimal plan for your growing campus and shrinking parking inventories?
What is "right balance" to improve our national healthcare infrastructure to meet the rising demand with limited funding in the changing environment of greater cost, less funding, lower revenue, and rising costs?
How do we provide our growing & aging population with affordable quality health care and achieve the right balance between services and parking?
 
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Critical Thinking combined with Strategic Planning... Collaboration... Transparency... Cooperation... and The Seamless Alignment of Goals between owners and solutions providers are the key to achieving affordable/efficient development, growth and land banking for health care providers.  

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, parking garage design, design build, parking garage design build, steel and precast, steel garage, hospital parking, hospital garages, hospital development cost

The Cost of Tomorrow's Parking... Have you considered this?

Posted by William Wieners on Sun, Feb 5, 2012 @ 22:02 PM

Affordable Efficient Hybrid Parking Garages

Hybrid Parking Garages

 

Parking is simply the creation of new Land.
Parking in most cases is "lost revenue" and a non-income generating cost of development.
Parking - Is an amenity.
Parking - Should be efficient - low cost.
Parking - Should be user friendly.
Parking - Value is subjective.
Parking cost is a function of cost of land, infrastructure, efficientcy and construction.
 
Parking Cost Hurdles
COST HURDLES: ORDERS OF MAGNITUDE
 
On Grade Parking @ $4,000-$8,000/space.
Stand Alone Structured Parking Garage @ $12,000-$24,000/space.
Automated Parking Garage @ $40,000-$70,000/space.
Underground Parking Garage @ $40,000-$100,000/space.
Automated Parking Equipment (Installed Equipment Only) @ $25,000-$60,000/space.
Shuttle Bus Parking Services (Not including Land Lease) @ $250.00-$350.00/space per month.
Temporary & Movable Leased Parking Facilities @ $350.00-$500.00/space per month (includes on grade parking spaces)
 
** The above are an approximation of Magnitude of Costs
*** All Parking Garages are built using a "HYBRID" of materials including steel and concrete.  Steel with concrete decks, cast in place concrete with steel reinforcing cast in the field or prestressed concrete with steel cast in at a casting yard.
Parking garages are most often delivered using one of the following construction methods:
Design/Bid/Build - Hire consultants to develop plans and then select a low bid from a construction company based on a lump sum and delivery date.
Design/Build - Hire a design builder to deliver your parking garage including design, construction and delivery duration.
Construction Management - Hire consultants to develop plans to a certain percentage then bid to construction managers and award to the construction manager with the lowest fee and general conditions.  The construction manager bids the work to subcontractors and then selects, typically with knowledge and input of the owner.
 
Mark Twain once advised, “Buy land, they’re not making it anymore.” No doubt he was aware of the sky-rocketing cost of land in the rapidly urbanizing world of the Industrial Revolution.
 
 
In the beginningToday
 
 
 
 
 
 
The Wrong way to Park:
 
How not to Park
 
The Right way to Park:
 
Determine what you want... and what you believe provides you the greatest value.
 
Apply critical thinking through collaboration to insure that you get the most affordable, efficient, patron friendly, sustainable, low maintenance and durable parking solution available for your unique parking challenge.
 
Don't get hemmed in by group think or by outsourcing your critical thinking to others.  Which ever way you go, in the end, it is always your risk. 
 
Consider this... We don't buy cars, or anything else for that matter, by hiring someone to tell us what to buy.  We don't get one expert for the engine, the body type, the tires, or the interior... we do our research and ultimately decide what we want and can afford. 
 
Whenever we purchase something, the logic always starts out with what do I think I need? what do I think I want to satisfy my need? how much am I willing to spend to get what I want? what can I afford to spend? and in the end what does the thing I am buying mean to me after I have paid for it?
 
For most of us... this is how we live our lives... how we create the critical path to value what we purchase.
 
Parking, should be, is no different.
 
In the end, parking ultimately comes down to the availability of "LAND" that governs the largest magnitude of cost to your development.  The rest is important but not the driver... don't get lost in group think.
 
Establish the Critical Thinking piece first... then direct your resources to achieve your parking goal accordingly.
 
 
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, parking garage design, design build, parking garage design build, steel and precast, steel garage, hospital parking, hospital garages, hospital development cost, robotic valet, Parking Construction, Affordable Parking, Temporary & Movable Parking, Urban Parking Concepts, ReloPark, robotic parking, automated parking

Optimize the Cost of Parking - US Parking Cost Estimates

Posted by William Wieners on Sat, Jan 28, 2012 @ 18:01 PM

Affordable Efficient Hybrid Parking Garages

Cost of Parking

ARE YOU TRYING TO GET YOUR HEAD AROUND THE COST OF PARKING?

Owners need to know what it costs to deliver parking to their campus or development.

How parking is delivered is the key to optimizing your cost of development while still providing safe and patron friendly parking solutions.

Parking, especially structured parking, traditionally has been a considerable cost of development and site planning, this will be no different in the future. 

As the construction industry regains it's footing we should re evaluate how we meet our development proformas in the new economy and determine what is needed in the near and long term for our optimal parking planning.

Local codes, FAR, balanced site requirements (urban vs. suburban), sustainability, durability, patron friendliness, safety, operating costs, maintenance and the hidden costs of preserving infrastructure are drivers for all parking approaches internationally.

To follow are "LINKS" to several interesting articles that may be a helpful place to start when you start considering what you want for parking and a suitable parking approach for your campus or development.

Knowing your costs, both capital and hidden, is the first step in insuring your team of consultants and contractors deliver what you want.  Having experts tell you what you need and setting your proforma and expectation with the smartest person at the table or "group think" will never guarantee that you "get what you want".  Parking is "simply the creation of new land", nothing else and it needs to be approached with this in mind inevitably taking into account your local neighborhood, campus, traffic patterns, usage, patron friendliness, and safety.

Setting the expectation and the goal posts is the owner's most important first step in having the most affordable and patron friendly parking solution for their campus or development.  Leaving the details up to the experts has been the way parking has been delivered for the past twenty years, but in the new economy a different more collaborative, affordable and informative approach to parking plannig will yield the optimal/greatest value for each unique/individual clients campus or development.

I hope the following will help you in setting your unique "parking expectation" as you investigate what you want your team to deliver in the end.  Critical thinking, collaboration, transparency and setting the goal vs. group think, in the end, will always lead you to best value.

To be clear, experts are vital to a parking developments success, however knowing what "you" (the individual and unique client) "wants" is ultimately the most important step in delivering "you" what "you" expect.

HAVE YOU CONSIDERED THIS WHEN CONSIDERING THE COST OF PARKING?

US PARKING COST ESTIMATES:

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

US PARKING COST ESTIMATES: http://www.vtpi.org/tca/tca0504.pdf

 

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

 

PARKING SPACE AUCTIONS:

http://ideasspotter.com/2011/09/drivers-auction-public-parking-spaces/

 

Cost of Urban Parking

 

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, parking, garages, cost of parking, parking garage construction, parking garage feasibility, cost to build parking, parking design, Parking for adaptive reuse, parking garage design, design build, parking garage design build, steel and precast, steel garage, hospital parking, hospital garages, hospital development cost, robotic valet