carÂ·pel. The part of a pistil of a flowering plant that encloses an ovary. A pistil may consist of a single carpel or of several carpels joined together. A carpel is a modified leaf.
The average cost in the Mid-Atlantic Market for a 50,000 square foot (5,555 square yards) parking lot ranges in price from $1.25 - $1.50 per square foot for a 1 &frac12;â â 2â compacted overlay. The factors listed below will also dictate the installation price. The cost of paving fabric typically ranges from $0.14-$0.22 per square foot or $1.26 - $1.98 per square yard. 2  LEVELING COURSE OR DRAINAGE CORRECTION: If the asphalt parking lot currently has extensive puddling or large areas of standing water from improper grade, you will want to correct these prior to paving.
Ignoring any maintenance costs, asphalt is generally much cheaper to install than concrete. On average, the cost per square foot for asphalt will run between $2.50 to $4.00. Fluctuations in crude oil prices can cause fluctuations in asphalt prices but the price will remain around this range.oncrete, on the other hand, can run between $4.00 to $6.00 per square foot for basic installation and can cost more depending on different finishes and detail. Itâs not unheard of to have a stained concrete driveway with a smooth finish cost over $15.00 per square foot.