Cost of Parking Lot Paving in Bloomington
Parking lot paving is a significant investment for businesses and property owners in Bloomington, IL. Understanding the costs involved can help you budget effectively and ensure you get the best value for your money. This guide will break down the factors affecting the cost of parking lot paving and provide average costs for common tasks.
Factors Affecting Cost
- Size of the Parking Lot: Larger areas require more materials and labor, increasing the overall cost.
- Type of Material: Asphalt, concrete, and other materials vary in price and longevity.
- Preparation Work: Site preparation, including grading and excavation, can add to costs.
- Thickness of the Pavement: Thicker layers of pavement provide durability but come at a higher price.
- Drainage Requirements: Proper drainage solutions are essential and can influence the cost.
- Local Labor Rates: Labor costs in Bloomington, IL, can vary, impacting the total expense.
- Permits and Regulations: Compliance with local regulations may require additional permits and fees.
- Additional Features: Elements like line striping, signage, and lighting can add to the overall cost.
Average Costs for Common Tasks
| Task | Average Cost (Bloomington, IL) |
|---|---|
| Asphalt Paving (per sq. ft.) | $2.50 - $4.50 |
| Concrete Paving (per sq. ft.) | $4.00 - $7.00 |
| Site Preparation (per hour) | $50 - $100 |
| Grading and Excavation | $1,000 - $5,000 |
| Drainage Installation | $1,500 - $3,500 |
| Line Striping (per linear ft.) | $0.20 - $0.30 |
| Sealcoating (per sq. ft.) | $0.14 - $0.25 |
| Crack Filling (per linear ft.) | $1.00 - $3.00 |
Understanding these factors and costs can help you plan your parking lot paving project in Bloomington, IL, ensuring it meets your needs and budget.
