10/10/2011

Parking Rates Inch Up in Canada, Hold Steady in U.S.

 

Midtown and downtown Manhattan are the most expensive places to park in the U.S. at median monthly rates of $541 and $533, respectively, according to an annual survey of North American parking rates by Colliers International.

However, the cost of parking there and across the U.S. barely moved compared to last year, with the median monthly parking rate decreasing by just 0.2% nationally to settle at $155.22. Chicago saw the steepest rise of the major markets at 9.7%.

Top 10 Highest Monthly Parking Rates in the U.S.

Midtown Manhattan: $541
Downtown Manhattan: $533
Boston: $438
San Francisco: $375
Philadelphia: $304
Seattle: $294
Chicago: $289
Washington: $260
Honolulu: $217
Los Angeles: $210

Canadian monthly parking rates increased by about 3% over 2010 to about $241.59, with Calgary’s rate of $486 coming out on top.

Midtown also topped the list for median daily parking rates at $41, up 2.5% from last year. Other changes in major markets include Washington, up 20%; Houston, up 20.8%, and Boston, up 6.3%. In Canada, Calgary again led the pack at US $25.73.

 


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Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.

Add highly responsive multi-zone comfort to any building project, in any climate. Our CITY MULTI H2i R2- and Y-Series VRF systems give you flexibility to fit the needs of any building. Enjoy 100% heating capacity at 0°F outdoor ambient, and 85% heating capacity at -13°F outdoor ambient.  For more information, log on to www.mitsubishipro.com

 
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