The first multilevel vehicle parking facility of the Chennai Metropolitan Development Authority in joint venture with Metropolitan Transport Corporation will come up in T.Nagar bus terminus.
The decision was taken at a meeting organised by the CMDA with the Transport Department here on Thursday. This is part of the CMDA's initiative of setting up multilevel vehicle parking facilities in joint venture with various land-owning government departments.
The CMDA would opt for the model proposed by the report of Mecon Limited, a Government of India enterprise, which was hired to prepare a feasibility report for developing multilevel car parking complexes at six locations a few years ago.
“This will be a revenue-sharing model to mitigate the problems of parking. All have fallen in place after four years,” CMDA Chairperson Susan Mathew told The Hindu.
The total area of the terminus is around 1.5 acre.
The facility would be developed by the CMDA without disturbing the bus terminus. The four floors of parking space would house 472 cars and have four elevators for lifting the vehicles. A one-way ramp would also be provided for use during mechanical failure of elevators or during power failure.
The total area of the parking lot would be 17,320 sq m – 4,330 sq m per floor. The parking lot design is subject to changes if the update proposed by the CMDA finds any major modifications in the traffic volume in the T.Nagar area.
The project would be executed in 18 months after the pre-contract work is completed in six months.