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Park & Ride Plaza Liberty Market, Lahore

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.

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Park & Ride Plaza Liberty Market, Lahore

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  1. Park & Ride PlazaLiberty Market, Lahore Presenters: Planner AqeelSuliman Planner KiranShahzadi

  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: Source: Urban Gazette

  4. Contd… • 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.

  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 PARK & RIDE PLAZA Back

  7. Location of Plaza

  8. General Information 9 Commercial Area: 61,726 sq. ft Parking Area: 1,45,922 sq. ft Restaurant Area: 25,856 sq. ft

  9. Contd… • Pedestrianization of NoorJahan 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

  10. Cost Analysis • Capital Cost • Land (LDA LAND) • Construction • Machinery • Operational & Maintenance Cost • Utility Charges • Maintenance Charges • Employ Charges

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

  12. Revenue Thro’ Parking Source: Presenters

  13. Revenue thro’ Commercial Shops Source: Presenters

  14. 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.

  15. Contd… • Maintenance of plaza will be a great issue.

  16. THANK YOU

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