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London leads the ranking of the most expensive region to build a parking garage in. Like two years previous, in 2018 London was still consecutively the most expensive area to build in. This was also true for other public building constructions in the UK and seems unsurprising given the city’s standing as a commercial and financial hub.
Below ground construction most expensive
As seen in this statistic, costs per square meter of internal area have increased in all areas across the UK, with the only exception being the UK North where it had become cheaper to build multistory car parks above ground. It was generally more expensive to do construction below ground than above. Limited space in English urban conurbations has seen residents more likely to park their car on streets than in garages.
London most expensive in Europe
The UK capital was continually ranked as the most expensive European city to build in. This was true not only for multi-unit high rise constructs, but also office facilities specifically. In both instances only New York proved to be more costly.
Below ground construction most expensive
As seen in this statistic, costs per square meter of internal area have increased in all areas across the UK, with the only exception being the UK North where it had become cheaper to build multistory car parks above ground. It was generally more expensive to do construction below ground than above. Limited space in English urban conurbations has seen residents more likely to park their car on streets than in garages.
London most expensive in Europe
The UK capital was continually ranked as the most expensive European city to build in. This was true not only for multi-unit high rise constructs, but also office facilities specifically. In both instances only New York proved to be more costly.
