Key Elements Influencing the Cost of Asphalt Parking Lots

Are you considering installing an asphalt parking lot for your business or property? The costs involved can vary, as several factors help determine the price. Bonness takes a look at some of the most important elements influencing the cost of driveway construction.

Labor Costs

The labor costs associated with installing an asphalt parking lot are a crucial factor affecting the project’s price. Experienced contractors and specialized equipment are needed for a successful installation. Asphalt paving requires skill and precision, after all. Depending on the size and complexity of the project, you may require additional laborers. This will raise the project’s overall labor cost.

Material Costs

Another factor affecting the cost of an asphalt parking lot is the price of the materials. The cost of asphalt can fluctuate based on crude oil prices and transportation costs. Compared to concrete paving, however, asphalt is generally more affordable. As such, it’s a popular choice for property owners.

Design Factors

The size and thickness of the driveway will also impact its cost. Larger parking lots require more materials and labor, resulting in higher costs. The thickness of the asphalt is also essential. While thinner driveways may cost less, they may not be as durable. Work with experienced asphalt paving contractors to ensure your parking lot meets your needs and lasts for years.

Site Accessibility

The accessibility of your site can also affect the project’s overall cost. Do you need to import fill? Is there a need to have import fill delivered? If so, you’ll have to factor in transportation costs. Moreover, if the access road requires repair or paving to accommodate heavy asphalt paving equipment, it will add to the project’s cost. 

Climate and Weather Conditions

Climate and weather conditions are also essential in determining the cost of an asphalt parking lot. Hot temperatures and ultraviolet (UV) radiation can be damaging to asphalt. The amount of protection needed against these elements can influence the cost. This also influences the types of materials to use.

Local Regulations

Local laws and regulations can also affect the cost of an asphalt parking lot. In some cities, additional permits are required for projects like this. Your city may require a certain type of asphalt mix, drainage or sidewalk grading. These regulations must be complied with, resulting in additional costs.

Multiple factors determine the cost of asphalt parking lot or driveway construction. The key is to work with experienced professionals for the best results. For all your paving needs in Naples, FL, Bonness is the name to call. Send us a message or call (239) 597-6221 today to discuss your project with our experienced team.