The work for the new central bus terminal at Thampanoor started by March 2010 and was opened to public on 3 February 2014 by the Chief Minister of Kerala, Shri.

[2] The 12-storied complex has a floor area of 24,984 sq m is on the southern side of the KSRTC premises facing Ponnara Sreedhar Park.

The project is a joint venture of the Kerala Transport Development Finance Corporation (KTDFC) and the KSRTC, being implemented on build–operate–transfer (BOT) concept.

Central bus station, Thampanoor, serves as the main boarding & alighting point in Thiruvananthapuram for all the passengers travelling outside city and state.

A flyover has also been proposed from the complex to the railway station for the hassle-free movement of the commuters arriving in the buses and trains.