The project to build a new underground car park in Plaza Pueblo de Istán, San Pedro de Alcántara, is expected to start in mid-March 2009 according to the latest reports.
Only one company, Volconsa, submitted a tender to construct the parking garage and then operate it for a period of forty years.
All being well, contracts are due to be signed in January 2009 and the company then has two months to finalise the project and a further one month in which to actually begin construction. The plan is for 272 parking spaces spread over three floors but expandable to four.
There will be 154 spaces for residents, costing €16,000 each, 91 available on a rotation system and 27 for season ticket holders.