New Asphalt Parking Lot Cost

There are many factors that make asphalt and concrete parking lots more expensive to install and maintain.

New asphalt parking lot cost. Striping marking and curbing will come at an additional cost. Since asphalt paving cost depends on a number of factors it s hard to give an exact figure of what you ll have to pay to have your driveway or parking lot installed. Based on this estimated rate it would cost about 16 000 to re pave a 10 000 square foot parking lot. Generally speaking asphalt paving cost per sqft ranges from 3 to 6 but you ll want to keep these various factors in mind when searching for a contractor and getting estimates.

While asphalt is the most popular material choice gravel and concrete are also viable options. If you need replacement you ll pay 8 to 15 per square foot although driveways are the most common use of asphalt in the home other applications include. And the best part is asphalt fairs well in harsher climates of toronto. What type of layout is needed.

Concrete parking lots are more expensive than asphalt but they typically require less maintenance long term. It s dark color gives it a attractive appearance and hides imperfections. Gravel works great for temporary parking lots and the price point is relatively low. Being a cost effective option asphalt greatly reduces the up front costs of paving a parking lot.

Costs of labor and materials should also be taken into consideration. One of these is the actual cost of the materials themselves. For reference 10 000 square feet is a little less than 1 4 acre. The cost to pave a parking lot with asphalt or concrete is enormous.

A one way angled parking or a two way 90 degree parking. New parking lot construction costs on average between 2 50 and 7 per square foot for both materials and labor. When preparing for a new driveway it s important to estimate the asphalt and other materials needed and be armed with a realistic labor cost to ensure you. On average it costs between 1 49 and 1 69 per square foot to re pave an asphalt parking lot.

When an asphalt surface is uneven or has developed cracks divots or minor potholes california asphalt professionals can resurface the asphalt expanse by putting down a layer of petromat and installing a new two inch layer of asphalt for about 2 50 per square foot. Average cost to pave a parking lot. How to save on parking lot construction costs. Paving an asphalt driveway costs 4 631 on average with a typical range between 2 886 and 6 403 this project runs 7 to 13 per square foot including 2 to 6 per square foot for materials and 5 to 7 per square foot for labor.

In parking lots heavier vehicles can cause wear and tear. Asphalt is a cost effective and attractive option for a driveway or parking lot and requires little maintenance. If there is. Asphalt and concrete are expensive to transport requiring special vehicles and equipment.

It also guarantees durability as a well paved parking surface can last for up to 20 years. Total costs vary drastically based on the size of the lot ranging anywhere from 10 000 for a 10 car space with 4 000 square feet to 700 000 for a 300 car area covering.