Cost of Parking Lot Construction in North Little Rock
Constructing a parking lot in North Little Rock, AR, involves careful planning and budgeting. Understanding the various factors that influence the cost can help you prepare adequately for the investment.
Factors Influencing Costs
- Size of the Parking Lot: Larger lots require more materials and labor, increasing overall costs.
- Material Choice: Asphalt, concrete, and gravel each have different price points and longevity.
- Land Preparation: Costs for clearing, grading, and drainage depend on the current state of the land.
- Permits and Regulations: Compliance with local zoning laws and obtaining necessary permits can add to expenses.
- Labor Costs: Local labor rates can vary, impacting the total cost of construction.
- Additional Features: Lighting, signage, and landscaping will increase the overall budget.
Average Costs for Common Tasks
| Task | Average Cost (North Little Rock, AR) |
|---|---|
| Land Clearing and Grading | $1,500 - $5,000 |
| Asphalt Paving | $3 - $5 per square foot |
| Concrete Paving | $4 - $7 per square foot |
| Gravel Installation | $1.25 - $2.50 per square foot |
| Drainage Installation | $1,000 - $3,000 |
| Line Striping | $300 - $600 |
| Lighting Installation | $2,000 - $4,500 |
| Landscaping | $500 - $2,000 |
