Park & Ride Plaza Liberty Market, Lahore Presenters: Planner Aqeel Suliman Planner Kiran Shahzadi.

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Presentation transcript:

Park & Ride Plaza Liberty Market, Lahore Presenters: Planner Aqeel Suliman Planner Kiran Shahzadi

Contents Introduction Park & Ride Plaza Satellite Imagery Situational Analysis Existing Scenario Feasibility (Cost & Income) Findings

Introduction Rapid increase in private vehicle ownership in last decade The total registered vehicles in the five major cities of Punjab in 2006 was 2.8 million. 1( Federal Bureau of Statistics) The total registered vehicles in Lahore: YearRegistered Vehicles , , , , 253, 101 (Annual growth 12.2%) Source: Urban Gazette

Out of 24 hours, hours private cars are in static position (utilizing parking space on land). Parking may be at home, workplace, or some where else. Our Commercial centers are facing contemporary problems like shortage of parking spaces. Contd…

Park & Ride Plaza New CBD of Lahore Park & Ride Plaza, Liberty Market Purpose » Parking Facility » To avoid the roadside parking » To avoid the problem of congestion » Improvement in traffic flow » First Step towards Modern CBD Salient Features » 2 Capsules Lifts » Escalators » Planters on each floor » Energy backup & automatic efficient parking system including ticketing » Fire fighting & Security System

New CBD of Lahore Back

Location of Plaza

General Information Sr.FeatureDescription 1LocationAs described earlier 2Area3 Kanal 16 Marlas 3  Number of Storeys  Basement Parking Commercial Activity Restaurants (including basement) Car Parking Capacity360 5Number of Shops91 6Parking feeRs. 15 (tentative) 7Project Starting Time Completion Time Commercial Area: 61,726 sq. ft 2.Parking Area: 1,45,922 sq. ft 3.Restaurant Area:25,856 sq. ft 9

Pedestrianization of Noor Jahan Road. Concept of Park and ride has been used. 2-3 buses of free of cost, will be initiated for the ease of general public. Buses will take 5-6 stops. Route of buses will be: – LIBERTY to MAIN MARKET – MAIN MARKET to M. M. ALAM ROAD – M. M. ALAM ROAD to LIBERTY Contd…

Cost Analysis Capital Cost Land (LDA LAND) Construction Machinery Operational & Maintenance Cost Utility Charges Maintenance Charges Employ Charges Sr.FeatureDescription 1Estimated Cost 500 million 2Construction cost million

Revenue Analysis Total Through Parking Through Advertisement (Not in plan) Through Tuck Shop

Revenue Thro’ Parking Years Parking Space Parking charges/ho ur Estimated Parked Cars Hours Per day charges Total charges for car/ day Total charges for car/ month Total Annual charges for car TOTAL (PAK Rs.) Total In Million ( PAK RS.) Source: Presenters

Revenue thro’ Commercial Shops YearsTuck ShopsRent per Month Total Shops Rent/ Month Annual Rent TOTAL (PAK Rs.) Total In Million ( PAK RS.) Source: Presenters

Findings Rs /- Million will be recovered in the next years. Overall a good effort to solve parking issues. According to Liberty Market Qaumi Tajir Ittehad Leader Babar Ali Bhatti, project would not solve Parking Problems. It would be difficult to park vehicles so far away from destination.

Contd… Maintenance of plaza will be a great issue.

THANK YOU