Cost of Parking Lot Extension in Denver
Expanding a parking lot in Denver, CO can be a significant investment, but it can also offer substantial benefits like increased capacity and improved traffic flow. Understanding the various factors that influence the cost can help you plan and budget effectively.
Factors Affecting Cost
- Size of Extension: Larger areas require more materials and labor.
- Material Choice: Asphalt, concrete, and permeable pavers have different price points.
- Site Preparation: Includes grading, excavation, and soil stabilization.
- Drainage Systems: Necessary to manage water runoff and prevent flooding.
- Permits and Inspections: Required by local regulations and can add to the overall cost.
- Landscaping: Adding greenery or decorative elements can increase expenses.
- Lighting and Security: Enhancing safety with lights and cameras involves additional costs.
Average Costs for
| Task | Average Cost (Denver, CO) |
|---|---|
| Site Preparation | $1,500 - $5,000 |
| Asphalt Paving | $3 - $5 per sq ft |
| Concrete Paving | $6 - $10 per sq ft |
| Drainage Installation | $1,000 - $3,000 |
| Permits and Inspections | $500 - $1,500 |
| Landscaping | $1,000 - $4,000 |
| Lighting Installation | $2,000 - $6,000 |
Understanding these costs will help you make informed decisions when planning your parking lot extension in Denver, CO.
