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View Full Version : Historic cost of parking space



NewsWhore
06-03-2011, 05:40 PM
Architect Raul de Moya has described the RD$800,000 reported cost per parking space in the new garage built at the state university, UASD, as "historic". The Presidency Public Works Supervisory Office (OISOE) reported the parking garage cost US$1 billion and has 1,248 parking spaces. De Moya says he recently built a similar parking building for a private educational institution and the parking space average was RD$400,000, including elements similar to the one built at the UASD. De Moya says that a square meter of construction at the UASD parking garage was RD$36,000, or almost US$1,000. He said that would be similar to construction cost of a luxury apartment complex in Piantini.

Diario Libre reported today that the parking garage was in the package of 11 works that the OISOE was due to build with the controversial US$130 million loan of Sun Land, which was taken on without congressional approval and caused a major scandal in 2007.

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