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Discussion Starter · #62 ·
They were planning an office building and a mall there and had hired a consultant and made some hires back in 2016 but nothing materialized. Probably the feasibility didn't come out right as Emporium is right next door and office space is really cheap (you can rent out a house as an office, my friend has a 1400 sqft. space in a residential building for just 55k) in that area so there isn't much demand for upscale offices there.

They seem to be focusing on BF Tower for now (FEB & GIF).

I don't see any demand for rented offices in FTC until the infrastructure is fully completed and landscaped. Then we'll see some cheaper office buildings on some of the smaller plots and only then we'll see some bigger projects.

What would work there is an IT building like Arfa Kareem Tower. LDA has a plot allocated for that purpose right behind Emporium but nothing seems to be on the cards yet.
 

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Central Roundabout proposal
IMO very unimaginative, and thos statues look weird.
1. Didn't even realise there was a bid going to to refurbish the round about. I hope this is just one of many proposals.

2. It would have been perfectly fine if they avoided to tacky, colorful ornaments and just planted more trees in their place. Would have at least been on par with Liberty Chowk.

3. We should really take a cew from earlier monuments and just build something along the lines of the Old Kalma Chowk or Girja Chowk. Heck, if they had just built a single, GOOD statue of Muhammad Ali Johar, it would have made sense given the location.
 

· 10 Years :)
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LDA generates Rs3.93b by auction, lease

Lahore Development Authority (LDA) generated a sum of Rs3.93 billion by auction of proprietary as well as lease rights of its properties on Tuesday. Eleven commercial and two residential plots located in various housing schemes of the LDA were auctioned for a total of Rs330 million while another three precious commercial plots situated in the planned business hub of international standard, Finance and Trade Centre, Johar Town, were auctioned for a sum of Rs3.16 billion. Tenancy rights of various properties were auctioned for a total of Rs444.9 million. This included the rental rights of three marquee sites located in Johar Town which were auctioned against Rs85 million per annum.
 

· @UzEE
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From the article:

“In fact, the FTC was the only area in Lahore that was originally planned to boost commercial activities by allowing construction of high-rises to unlimited height subject to getting NOC from the Civil Aviation Authority and other departments concerned (if any). For this, the LDA was required to make some amendments to the building regulations. But, unfortunately, it was not done and it led to allowing others (like the Central Business District Authority) to make business-friendly regulations and allowing construction of skyscrapers having unlimited height in Gulberg,” an official source explained while talking to Dawn on Sunday.
Since when does CBD have unlimited height? As far as I'm aware, the height is restricted by FAR.
 
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