Cost of Parking Lot Paving in Denver
Parking lot paving in Denver, CO, is an essential investment for businesses and property owners looking to enhance the functionality and aesthetic appeal of their parking areas. Understanding the costs involved can help you budget effectively and ensure you get the best value for your money.
Factors Affecting Cost
- Size of the Parking Lot: Larger areas typically require more materials and labor, increasing the overall cost.
- Type of Material: Asphalt, concrete, and gravel each have different price points, with asphalt generally being more affordable than concrete.
- Labor Costs: Labor rates can vary, but Denver's market typically sees competitive pricing due to the high demand for paving services.
- Site Preparation: The condition of the existing surface and the amount of grading or excavation required can significantly impact costs.
- Permits and Regulations: Local regulations and the need for permits can add to the overall expense.
- Drainage and Slope: Proper drainage solutions and slope adjustments to prevent water pooling can increase costs.
- Additional Features: Adding features like line striping, lighting, or signage will add to the total cost.
Average Costs for Common Tasks
| Task | Average Cost (Denver, CO) |
|---|---|
| Asphalt Paving | $3 - $5 per square foot |
| Concrete Paving | $6 - $10 per square foot |
| Gravel Installation | $1 - $3 per square foot |
| Sealcoating | $0.15 - $0.25 per square foot |
| Line Striping | $300 - $500 per parking lot |
| Excavation and Grading | $1,000 - $5,000 |
| Drainage Installation | $1,500 - $4,000 |
