3. Construction of the parking cum commercial plaza at Old Rawalpindi MC Office Site Jinnah Road, Rawalpindi

Projects

Construction of the parking cum commercial plaza at Old Rawalpindi MC Office Site Jinnah Road, Rawalpindi

Sponsoring Agency

Local Government & Community Development Department/Metropolitan Corporation Rawalpindi

Implementing Agency

Punjab PPP Authority/LG&CD Department Rawalpindi, Metropolitan Corporation Rawalpindi

Locations

 

Old Rawalpindi MC Office Site Jinnah Road, Rawalpindi

Available land

 18 Kanal 7 marla

Gestation period

08 Months (Including 02 months of TA hiring)

Sources of revenue

  • Parking Fee
  • Rent from commercial shops & offices
  • Revenues from advertisements

Estimated project cost

​PKR 3184.20 Million

Current Status

Hiring of TA under process

Objectives

  • Provide state of the art and well managed parking facilities to cater needs of the people and resolve parking issues
  • Smart growth of Rawalpindi city through urban renewal and streets maping
  • Improvement of accessibility, reduced traffic congestion and travel time saving
  • Provision of service-oriented tenants and retail opportunities within parking plaza will draw consumers from neighboring areas thus adding to the ‘base economy’ and enhance regional competitiveness
  • Increase value of nearby residential, retail and commercial property