LCBDDA to construct ‘Authority Square’ in National Bank Park, Lahore
The Lahore Central Business District Development Authority (LCBDDA) has announced to the construction of an ‘Authority Square’ in National Bank Park, as reported by news sources.
As per the details given by the authority, the ‘Authority Square’ would be established to provide a quality recreational area for the metropolis’s families and people. It was revealed that the project will be developed according to international standards and building codes, making it a one-of-a-kind urban infrastructure in the area.
The project will also include digital LED billboard panels and pavements on the newly approved CBDAA main boulevard.
It is to be mentioned here that CBD is the country’s first eco-friendly and long-term initiative. The mega-project also comprises the construction of Lahore’s first downtown, which will have skyscrapers and corporate complexes with environment-friendly designs.
In addition, CBD Punjab is making a significant contribution to Pakistan’s smart and modern urbanization and has thus integrated sources to build a business community like no other in the country or region.
Last month, Punjab Chief Minister (CM) Pervaiz Elahi had a high-level meeting with Lahore Central Business District Development Authority (LCBDDA) Chief Executive Officer (CEO) Imran Amin and was given a briefing about the potential of the Central Business District (CBD) in the provincial capital, as per the news sources.
Punjab CM was briefed that the authority seeks to ensure a ‘bespoke and innovative real estate supply’ to add to national development. Elahi was also informed that the project provides huge investment scope and has become a purpose to attract foreign and national investors. The project was regarded as a game changer that will reshape the province’s fate by attracting investment, generating revenue, and reducing unemployment.
During the meeting, Chaudhry Parvez Elahi directed that a detailed foolproof monitoring system be established for all public relief projects in the province, which he will personally supervise.