Asset Management

Letting and construction of multi storey car park serving York Hospital.

Client

Lagan Developments Ltd

Property Description

432-space new-build MSCP for a 720 bed hospital providing services for over 500,000 people.

Project Summary

  • Construction of new car park
  • Rationalisation of existing surface parking
  • Parking management systems throughout site

TownCentreParking’s Role

Town Centre Parking will, upon completion of the project, have been fully responsible for the following:

  • Design consultancy
  • Yield- and space-management consultancy
  • Development of cost/revenue matrix
  • Cost/revenue forecasting
  • Discounted cash flow analysis
  • Develop operating system to accommodate various customer groups
  • Appraisal of methods of operation
  • Management contract appraisal
  • Vehicle control and revenue collection equipment consultancy

Conclusion

Although the project has stalled owing to conditions in the current funding market, working for the party providing DBFO services to an NHS Trust, Town Centre Parking has provided multi-faceted consultancy services that have ensured that all parties maximise their returns, be they service related or financial.


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