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Nehru place placemaking project uttipec-sdmc_shakti
- 1. Nehru Place-Place making Project January, 2015
- 3. PROPOSED MASTER PLAN MLCP + OFFICE + RETAIL ON GROUND MLCP + RETAIL ON GROUND MLCP + RETAIL ON GROUND CONVENTION CENTRE HOTEL MLCP + RETAIL RETAIL + OFFICE + SERVICE APARTMENTS RETAIL + OFFICE + SERVICE APARTMENTS HOTELBUS TERMINAL + DEPOT + RETAIL PLANNING – DESIGN PROPOSAL
- 4. d OPERATION & MAINTENANCE MODEL - PPP Bus Terminal 98 Crores Multi Level Car Parking NMT & pedestrain Infrastructure Public spaces and Social Ammenities New Commercial Development Project Cost 485 Crores Project IRR 146% 35% Breakeven Period 4 yrs(119 Crores) Equity IRR Financial Viability 347% 75% 611 Crores 19% 28% 10 Yrs(617 Crores) Project Viable NA Project Viable Project Viable Parking & Public Space Management
- 5. Proposed Way Forward • Creation of a multi stakeholder platform under the leadership of DDA/ SDMC • Constitution of a high level committee comprising of key stakeholders in the Nehru Place project •UTTIPEC •SDMC •CPWD •DTC •DMRC •To review and approve recommendations for the area •Facilitate implementation of the recommended interventions
- 7. 7 Access & Connectivity Vehicle & Parking Management Multi-Modal Integration Pedestrian & Public Spaces Cleanliness & Safety Parameters of a vibrant commercial district
- 8. •Planned in 1969, operational in early 1980s as a commercial business district surrounded by residential areas •38 Hectares of prime real estate in the heart of South Delhi • Currently a regional commercial centre served by two major roads, 2 Metro lines and 24 bus routes •Less than 2/3rd developed portion has 5.8 lakh sq.m. built commercial development •Attracts 1,30,000 visitors and 32,000 vehicles daily NEHRU PLACE DISTRICT CENTRE
- 13. NEHRU PLACE – DISTRICT CENTRE An underperforming and underutilized, 38 hectares of prime public asset
- 14. Renewal - Regeneration Project: Nehru Place District Centre Project conceptualised by UTTIPEC Project initiated: Shakti commissioned technical partners at the request of UTTIPEC Draft designs developed in consultation with UTTIPEC and the local stakeholders Designs approved by UTTIPEC Project discussed with Engineering Member, DDA Project discussed with Commissioner, SDMC Project discussion with VC, DDA for guidance on next steps
- 15. NEHRU PLACE – DISTRICT CENTRE An underperforming and underutilized, 38 hectares of prime public asset Parking Planning Management Key Interventions identified
- 17. • 9500 ECS (Phase 1 & 2) • 1000 in 1 MLCP – 5000sqm – 4 floors • 8500 at grade – 68000 sqm (Stacked) • 20% of precinct area Demand in BAU Scenario (2021) • 5500 ECS • 3500 in 4 MLCP – 15000sqm • 2000 ECS at grade – 48000 sq.m. • 18% of precinct area Planned Capacity (2021) • 12000 ECS • 10000 in 5 MLCP – 18000sqm • 2000 at grade – 48000 sqm • 20% of precinct area As per Master Plan Norms (2021) • 6600 ECS (Phase 1) • 1000 in 1 MLCP – 5000 sqm – 4 floors • 5600 at grade – 46000 sq.m. • 14% of precinct area PARKING DEMAND vs CAPACITY SCENARIOS Best Case Supply Scenario MLCP Vs At-grade to be balanced Base year Demand (2013)
- 18. Current Price Short Term (<2 hrs) At Grade MLCP 20 30 Long Term (>2 hrs) 40 60 Demand Capacity 87% of capacity 5000 MLCP, 500 Surface No. of Visitors Parking space consumed 8% of precinct area *-As per Transport Department notification At grade parking encroaching street space Only 30% of MLCP used Current Scenario Proposed Scenario Proposed Price Short Term At Grade MLCP 125* 45 Long Term 475* 180 What is driving parking demand?
- 19. PLANNING Ideally, the area should have access from all directions Astha Kunj, restricting access from North Currently majority of access is from the South and the west
- 20. PLANNING Within precinct, public transport is at the periphery while personal vehicles have close access while
- 21. PLANNING Improved circulation of public transport within the commercial area is recommended
- 22. PLANNING Circulation of private vehicles needs to be managed better
- 23. 1833 861 1000 783 646 PLANNING Parking needs to be concentrated in a few Multi-level car parks
- 24. 1833 861 1000 783 646 270 150 25 25 30 PLANNING Few off-street parking spaces proposed for short term parking
- 25. PLANNING Vehicular circulation plan for various streets is changed accordingly
- 26. PLANNING Pedestrian connectivity and circulation increased to the entire area
- 27. PLANNING Proposed designs incorporate the upcoming DDA establishments
- 28. PLANNING Additional links providing non-motorised transport access are proposed
- 29. PROPOSED MASTER PLAN MLCP + OFFICE + RETAIL ON GROUND MLCP + RETAIL ON GROUND MLCP + RETAIL ON GROUND CONVENTION CENTRE HOTEL MLCP + RETAIL RETAIL + OFFICE + SERVICE APARTMENTS RETAIL + OFFICE + SERVICE APARTMENTS HOTELBUS TERMINAL + DEPOT + RETAIL PLANNING – DESIGN PROPOSAL
- 30. PROBLEMS EXISTING NEHRU PLACE INTERNAL PLAZA
- 32. PROBLEMS EXISTING NEHRU PLACE INTERNAL PLAZA
- 33. SOLUTIONS PROPOSED PLAZA WITH LIGHTING, SIGNAGE, etc.
- 34. PROBLEMS EXISTING PARKING ON GROUND
- 35. SOLUTIONS PROPOSED PUBLIC SPACE ON RECLAIMED SPACE
- 37. SOLUTIONS PROPOSED REDESIGN OF BUS TRMINAL
- 38. Multi Level Car Parking NMT & pedestrain Infrastructure Public spaces and Social Ammenities New Commercial Development Bus Terminal 474 Crores 30.34 Crores 103 Crores 485 Crores 21% -VE 146% 35% Breakeven Period 8 yrs(473.65) 4 yrs(119 Crores) 30% Financial Viability Project Viable Unviable 347% 75% 98 Crores -VE NA -VE Unviable -VE NA NA Project Viable Project Viable Project Cost Project IRR Equity IRR Terminal Development & Management Real Estate Development & Management DTCDDA MANAGEMENT MODEL BY PPP
- 39. d OPERATION & MAINTENANCE Bus Terminal 98 Crores Multi Level Car Parking NMT & pedestrain Infrastructure Public spaces and Social Ammenities New Commercial Development Project Cost 485 Crores Project IRR 146% 35% Breakeven Period 4 yrs(119 Crores) Equity IRR Financial Viability 347% 75% 611 Crores 19% 28% 10 Yrs(617 Crores) Project Viable NA Project Viable Project Viable Parking & Public Space Management
- 40. Proposed Way Forward • Creation of a multi stakeholder platform under the leadership of DDA • Constitution of a high level committee comprising of key stakeholders in the Nehru Place project •UTTIPEC •SDMC •CPWD •DTC •DMRC •To review and approve recommendations for the area •Facilitate implementation of the recommended interventions