Bhubaneswar: Priyadarshini Market Complex at CRP Square, one of the city's prominent commercial hubs, will undergo a major revamp, with BDA planning to undertake a comprehensive redevelopment. Housing and urban development minister Krushna Chandra Mohapatra took the decision on Friday following his interaction with shop owners.
“A preliminary assessment of the decades-old structure revealed that repeated repairs and maintenance will not provide a sustainable long-term solution. Considering the condition of the building and future commercial needs, BDA has decided to redevelop the market complex with modern infrastructure and enhanced public amenities,” Mohapatra said.
Priyadarshini Market Complex is spread over 1.44 acres housing 152 shops, including 72 units on the ground floor and 80 on the first, along with 100 vending platforms, two restaurants and five office spaces. The units were originally allotted to local traders on a monthly licence and rental basis.
The proposed project is aimed at ensuring optimum utilisation of the prime commercial land through the construction of a modern market complex equipped with adequate parking facilities, advanced fire safety systems, improved infrastructure and enhanced public conveniences. The redevelopment is also expected to create more commercial units.