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Cost of Parking Lot Construction in Bloomington

Parking lot construction in Bloomington, IL, encompasses a range of factors and tasks that influence the overall cost. From the initial planning and design to the final paving and striping, each phase plays a vital role in determining the total expense. Understanding these components can help businesses and property owners budget effectively for their parking lot projects.

Factors Affecting Cost

  • Size of the Lot: The larger the parking lot, the higher the cost due to increased materials and labor.
  • Materials Used: Asphalt, concrete, and permeable pavers each have different cost implications.
  • Site Preparation: Costs can vary depending on the need for excavation, grading, and soil stabilization.
  • Drainage Systems: Proper drainage is crucial and can add to the overall expense.
  • Permits and Regulations: Local building codes and permits can affect the cost.
  • Labor Costs: Labor rates in Bloomington, IL, can influence the total expenditure.
  • Lighting and Signage: Adding lighting and signage increases safety but also adds to the cost.
  • Landscaping: Incorporating green spaces and landscaping elements can raise the price.

Average Costs for

Task Average Cost (Bloomington, IL)
Site Preparation $1,500 - $5,000
Asphalt Paving $3 - $5 per square foot
Concrete Paving $4 - $7 per square foot
Striping and Marking $300 - $600
Drainage Installation $1,000 - $3,000
Lighting Installation $2,000 - $5,000
Landscaping $500 - $2,000
Permits and Inspections $200 - $500

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