Cost of Parking Lot Extension in Longmont
Extending a parking lot in Longmont, CO can be a significant investment, but it's often necessary to accommodate growing businesses or community needs. Understanding the factors that influence the overall cost and the common tasks involved can help you plan your budget more effectively.
Factors Affecting Cost
- Size of Extension: The larger the area to be paved, the higher the cost.
- Type of Material: Asphalt, concrete, and gravel have different price points.
- Site Preparation: Costs for clearing, grading, and leveling the land.
- Drainage Requirements: Installation of drainage systems to prevent water accumulation.
- Permits and Inspections: Fees for local permits and mandatory inspections.
- Labor Costs: Wages for skilled laborers, which can vary by contractor.
- Accessibility: Ease of access to the site can influence transportation and labor costs.
- Landscaping: Additional expenses for landscaping around the parking lot.
- Lighting and Signage: Costs for installing lights and signs for safety and navigation.
Average Costs for
| Task | Average Cost (Longmont, CO) |
|---|---|
| Site Preparation | $1,500 - $5,000 |
| Asphalt Paving (per sq. ft.) | $2.50 - $4.00 |
| Concrete Paving (per sq. ft.) | $4.00 - $7.00 |
| Gravel Paving (per sq. ft.) | $1.00 - $2.50 |
| Drainage Installation | $2,000 - $6,000 |
| Permits and Inspections | $500 - $1,500 |
| Landscaping | $1,000 - $3,000 |
| Lighting Installation | $300 - $1,200 per light |
| Signage Installation | $100 - $500 per sign |
