Cost of Parking Lot Expansion in Norman
Expanding a parking lot in Norman, OK can be a significant investment for businesses and property owners. Understanding the various factors that influence the cost and the common tasks involved can help in planning and budgeting for such a project.
Factors Affecting Cost
- Size of Expansion: Larger expansions will naturally require more materials and labor.
- Land Preparation: Costs for clearing, grading, and leveling the land.
- Materials Used: Asphalt, concrete, and other materials have varying costs.
- Labor Costs: Rates for local labor can vary based on demand and complexity.
- Permits and Regulations: Fees for obtaining necessary permits and ensuring compliance with local regulations.
- Drainage and Utilities: Installation or relocation of drainage systems and utilities.
- Landscaping: Costs for any required or desired landscaping around the parking area.
- Lighting and Security: Installation of lighting and security features.
- Time of Year: Seasonal variations can affect project costs due to weather conditions.
Average Costs for
| Task | Average Cost (Norman, OK) |
|---|---|
| Land Clearing and Grading | $1,500 - $5,000 |
| Asphalt Paving | $3 - $5 per square foot |
| Concrete Paving | $6 - $10 per square foot |
| Drainage Installation | $2,000 - $8,000 |
| Permit Fees | $500 - $2,000 |
| Lighting Installation | $1,000 - $3,000 |
| Landscaping | $1,000 - $4,000 |
| Striping and Marking | $300 - $800 |
| Security Features | $1,000 - $5,000 |
