Multi-level parking lots at major roads soon

Staff Reporter

The Chennai Corporation will rope in private agencies to
create multi-level parking lots in all major roads in the city. The
civic body has called for expression of interest from entities such as
private firms and joint ventures on construction and maintenance of
multi-level parking facilities in all major roads on a DBOT (Design,
Build, Operate and Transfer) basis. The private agencies will identify
suitable spots including Corporation lands near major roads that require
additional parking space.

The agency will also come
up with a detailed project report and a suitable revenue model for the
parking lots. The agency will choose a suitable parking system for each
location based on the existing civic conditions.

The
decision to involve private entities has been taken as the Chennai
Metropolitan Development Authority and Chennai Corporation have been
unable to cope with the challenges in creating new parking lots. The
CMDA and Chennai Corporation have been planning to conduct feasibility
studies on the many proposed facilities such as Third Avenue in Anna
Nagar East and at the Vijay Nagar bus terminus in Velachery that are
part of the Chennai Comprehensive Transportation Study. However, the
lack of coordination among the various land-owning departments and the
planning agencies has been a stumbling block for the implementation of
such projects.The new initiative of Chennai
Corporation is expected to generate additional data pertaining to
traffic study at many congested localities.