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

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

3. 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 198070, 342 1990238, 143 2000702, 734 20051, 253, 101 (Annual growth 12.2%) Source: Urban Gazette

4. Out of 24 hours, 16-18 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…

5. 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

6. New CBD of Lahore Back

7. Location of Plaza

9. General Information Sr.FeatureDescription 1LocationAs described earlier 2Area3 Kanal 16 Marlas 3  Number of Storeys  Basement Parking Commercial Activity Restaurants 08 01 05 (including basement) 03 01 4Car Parking Capacity360 5Number of Shops91 6Parking feeRs. 15 (tentative) 7Project Starting Time30-07-2009 8Completion Time31-07-2010 1.Commercial Area: 61,726 sq. ft 2.Parking Area: 1,45,922 sq. ft 3.Restaurant Area:25,856 sq. ft 9

10. 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…

11. 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 667.47 million

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

13. 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 2010360152751218049500148500017820000 2011360202801224067200201600024192000 20123603029012360104400313200037584000 20133604029512480141600424800050976000 20143605031012600186000558000066960000 20153606032012720230400691200082944000 20163606034012720244800734400088128000 201736070360128403024009072000108864000 2018360803601296034560010368000124416000 TOTAL (PAK Rs.)601884000 Total In Million ( PAK RS.)601.884 Source: Presenters

14. Revenue thro’ Commercial Shops YearsTuck ShopsRent per Month Total Shops Rent/ Month Annual Rent 20109150004550005460000 20119150004550005460000 20129160005460006552000 20139170006370007644000 20149180007280008736000 20159185007735009282000 20169185007735009282000 20179190008190009828000 2018911000091000010920000 TOTAL (PAK Rs.)73164000 Total In Million ( PAK RS.)73.164 Source: Presenters

15. Findings Rs. 675.048/- 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.

16. Contd… Maintenance of plaza will be a great issue.

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