Asphalt Parking Lot Paving Cost

New parking lot construction costs on average between 2 50 and 7 per square foot for both materials and labor.

Asphalt parking lot paving cost.

Asphalt driveways typically cost 4 000 8 000 to install depending on the size local labor rates and amount of prep work needed. At 13 per square foot curbs run more because of extra labor and a higher average thickness for the material. Expect to pay between 2 50 and 4 50 for asphalt or 4 to 7 for concrete. It also guarantees durability as a well paved parking surface can last for up to 20 years.

And the best part is asphalt fairs well in harsher climates of toronto. 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. Striping marking and curbing will come at an additional cost. On average it costs between 1 49 and 1 69 per square foot to re pave an asphalt parking lot.

For example a 10 space parking lot ranges from 21 000 to 39 000. Calculating the costs of asphalt parking lot construction resurfacing maintenance or replacement. The cost to pave a parking lot with asphalt or concrete is enormous. Based on this estimated rate it would cost about 16 000 to re pave a 10 000 square foot parking lot.

Striping costs extra and this pricing is based on the number of parking stalls how much paint and. Being a cost effective option asphalt greatly reduces the up front costs of paving a parking lot. California asphalt professionals uses the same asphalt mix and preparation for commercial parking lots and residential driveways at a cost of 5 per square foot which includes removal of existing paving and preparing the surface. Asphalt and concrete are expensive to transport requiring special vehicles and equipment.

Parking lots should also have an 8 crushed gravel base. 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. There are many factors that make asphalt and concrete parking lots more expensive to install and maintain. The cost of building parking lots can be calculated per square foot or per space stall although the former is the usual method.

One of these is the actual cost of the materials themselves. 70509 lafayette louisiana june 15 2018 parking lot asphalt paving 1 40 to 1 59 per square foot 2 inch overlay price range includes labor. 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. For reference 10 000 square feet is a little less than 1 4 acre.

Paving an asphalt parking lot costs 2 100 to 3 900 per space. If an existing driveway needs to be removed the costs could increase. Average cost to pave a parking lot.