Cost of Parking Construction in Lima
Parking construction in Lima, OH, is a significant investment that requires careful planning and budgeting. Whether you're considering building a small parking lot or a multi-level parking garage, understanding the various costs involved is crucial. This guide will provide an overview of the factors that affect the cost of parking construction and common tasks associated with it.
Factors Affecting Cost
- Land Acquisition: The price of purchasing land in Lima, OH, can vary significantly based on location and size.
- Site Preparation: Costs for clearing, grading, and preparing the site for construction.
- Materials: Expenses for concrete, asphalt, steel, and other building materials.
- Labor: Wages for construction workers, engineers, and project managers.
- Permits and Inspections: Fees for obtaining necessary permits and inspections from local authorities.
- Design and Engineering: Costs for architectural and engineering services to design the parking structure.
- Utilities and Drainage: Installation of necessary utilities and drainage systems.
- Landscaping: Expenses for landscaping around the parking area.
Average Costs for Common Tasks
| Task | Average Cost (Lima, OH) |
|---|---|
| Land Acquisition | $50,000 - $200,000 |
| Site Preparation | $5,000 - $15,000 |
| Concrete Paving (per sq ft) | $4 - $7 |
| Asphalt Paving (per sq ft) | $3 - $5 |
| Multi-Level Parking Garage (per space) | $20,000 - $35,000 |
| Single-Level Parking Lot (per space) | $1,500 - $3,000 |
| Permits and Inspections | $1,000 - $5,000 |
| Design and Engineering | $10,000 - $50,000 |
| Utilities Installation | $5,000 - $20,000 |
| Landscaping | $2,000 - $10,000 |
