Firm wants parking, shops under Amsterdam canals

AMSTERDAM (Reuters) - Amsterdam's trademark canals should be drained in sections so that underground parking, shops and cinemas can be built to ease the space shortage in the Dutch capital, according to an ambitious plan launched on Tuesday.

Construction company Strukton, owned by the Dutch railway, proposed building an underground city six floors deep under the picturesque canals, which would be drained section by section while construction takes place and then refilled with water.

The web-like complex could be used for parking, sport halls, cinemas and warehouses, and accessed by car from the highway that circles the city, with exits for pedestrians around the city, Strukton said, launching architect's plans: here

"It is a sustainable and realizable plan. Expanding a city underground is not futuristic but a necessity in today's world," said Bas Obladen, a senior Strukton adviser.

The city has signaled support for the plan but would have to take a decision before work could go ahead, Strukton spokesman Youssef Eddini said.

Residents of the historic houses that line Amsterdam's central ring of canals have to wait years for parking permits and a garage space can cost as much as 100,000 euros ($147,800).

The one-way streets on either side of the water are often blocked for hours by delivery and rubbish trucks, making it far quicker to travel by bicycle.

Eddini said the plan could cost about 10 billion euros and take up to 20 years to realize, but would pay for itself by creating a huge amount of space, cutting the cost of a garage parking spot to 25,000 euros.

"It's a solution for the future of Amsterdam. If we continue in this way Amsterdam will be closed for cars," he said.