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.
I've read that surface parking can cost as much as $10,000 per space and subterranean parking can cost as much as $25,000 to $35,000 per space. Of course these figures will change dramatically depending on what part of the country the parking is being built, the scarcity of land, etc. etc.ince a parking lot normally requires 300-350 square feet per car, this would put the land cost decision level at $6,600 to $7,700 per space. EPA's Parking Alternatives guidebook at http://www.smartgrowth.org/pdf/PRKGDE04.pdf contains a discussion of car parking costs.