Chapter
Jul 2, 2019

Research on Land Concession Policy of Underground Parking Lot Based on Cost-Benefit Analysis

Publication: CICTP 2019

Abstract

In view of the low rate of return and the long payback period on the parking lot, the cost-benefit analysis of the underground parking lot is carried out to determine the land concession policy strategy issued in Document No. 193. The sensitivity analysis of the internal-rate-of-return and the dynamic-payback-period are respectively carried out from the charging price, utilization rate, commercial facilities, and land price. The results show that, the land concession discount ratio which can provide reference for the land concession price of the underground parking lot can be determined, according to the charging price, utilization rate, commercial facilities, and land price.

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Go to CICTP 2019
CICTP 2019
Pages: 5426 - 5437

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Published online: Jul 2, 2019

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Mao-Can Song [email protected]
School of Transportation, Southeast Univ., Nanjing, Jiangsu, China. E-mail: [email protected]
Hong-Zhi Guan [email protected]
Beijing Key Laboratory of Traffic Engineering, Beijing Univ. of Technology, Beijing, China. E-mail: [email protected]
School of Transportation, Southeast Univ., Nanjing, Jiangsu, China. E-mail: [email protected]
Beijing Key Laboratory of Traffic Engineering, Beijing Univ. of Technology, Beijing, China. E-mail: [email protected]
School of Automotive and Traffic Engineering, Jiangsu Univ., Zhenjiang, Jiangsu, China. E-mail: [email protected]

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