Tuesday March 6 2007 13:59 IST
BHUBANESWAR: With more IT companies scouting for space and horizontal growth of the temple city is no more possible, the Information Technology Department has planned a second Fortune tower.
A seven-acre land between Satyam Development Centre and Fortune Tower has been identified for the proposed Fortune Tower-II which will be 17 storeys.The Fortune Tower-II will have two lakh square feet usable area apart from parking slot and other recreational facilities. Construction of the building has been handed over to the State-owned Infrastructure Development Corporation of Orissa Limited (IDCO), a senior officer of the IT Department told this paper.According to preliminary estimate, the Fortune Tower-II will cost about Rs 20 crore. The IT Department has already placed Rs 3 crore with IDCO for construction of the tower. IDCO has been asked to give special emphasis on the architectural aspect of the building.
IT majors like Tata Consultancy Services (TCS) has acquired 36,000 sq.ft in Fortune Tower for its development centre and 20 percent extra space for front office staff and managers.A number of IT companies are approaching the Government for land within the city limits to set up their facilities. With no space in the Infocity, the Government has acquired 154 acres at Gothapatna to develop another IT hub. About 24 acres of land from Infocity-II has been allotted for an International Institute of Information Technology (IIIT). The Government has also allotted one wing of the Toshali Plaza in Satyanagar to the IT Department for IT purpose.While another wing of the massive building which is lying unutilised since its completion will be housing the office of Information Commissioner, the General Administration Department has already instructed all the administrative departments to shift their offices working from rented building in the city to Toshali Plaza.Although Toshali Plaza located almost in the heart of the city, this is not suitable for IT companies keen to set up their facilities because of lack of parking space. Besides, as the approach roads to the Plaza are too narrow, it will create a lot of inconvenience to the local residents, the officer admits.
http://www.newindpress.com/NewsItems.asp?ID=IEQ20070306033801&Page=Q&Title=ORISSA&Topic=0&aDate=3%2F6%2F2007
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