Cost of Parking Lot Extension in Champaign
Extending a parking lot in Champaign, IL, can be a significant investment, influenced by various factors such as the size of the extension, materials used, and labor costs. Understanding these elements can help in planning and budgeting for the project effectively.
Factors Affecting Cost
- Size of Extension: Larger areas require more materials and labor, increasing the overall cost.
- Type of Surface Material: Asphalt, concrete, or gravel each have different price points and longevity.
- Site Preparation: Costs for clearing, grading, and drainage installation.
- Permits and Inspections: Fees for local permits and necessary inspections.
- Labor Costs: Varies based on local wage rates and the complexity of the job.
- Accessibility: Easy-to-access sites may cost less than those requiring special equipment or additional labor.
- Additional Features: Lighting, signage, and landscaping can add to the total cost.
Average Costs for
| Task | Average Cost (Champaign, IL) |
|---|---|
| Site Preparation | $1,500 - $5,000 |
| Asphalt Paving | $2 - $5 per sq. ft. |
| Concrete Paving | $4 - $10 per sq. ft. |
| Gravel Installation | $1 - $3 per sq. ft. |
| Drainage System | $1,000 - $3,500 |
| Permits and Inspections | $500 - $2,000 |
| Lighting Installation | $1,000 - $3,000 |
| Signage | $200 - $1,000 |
| Landscaping | $500 - $2,500 |
