The scenarios that exist for the Century Center garage are to expand vertically, demolish and rebuild, and leave as is which speaks for itself. The feasibility of the vertical expansion requires the existing foundations to have been designed to accommodate vertical expansion. A structural analysis of the existing foundation plans can determine if the garage has the ability for additional parking levels. Typically, parking garages are not designed for future expansion as there are greater costs associated with this during construction.
Demolishing and rebuilding the garage is an option to increase supply in the dense downtown core; although this is typically not a feasible option once a financial analysis is performed. Demolishing and rebuild can add an additional 30%-50% increase to the total construction costs. The net gain of spaces is usually limited, which drives up the cost per space significantly. Additionally, with the physical connection to the hotel, increased costs may occur based upon requirements of the building code changes that were not present when it was originally constructed. This option is typically a last resort.
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