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.
For example, the average cost of constructing anunderground garage in Boston is $95 per square foot, and the average spaceoccupies 330 square feet, so the average cost of a parking space is $31,000($95 Ã 330).