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Fort Bonifacio 'City Center' Unveiled!
A new Php8 billion blueprint for the " City Center " of the 240-hectare Fort Bonifacio Global City was unveiled by the Fort Bonifacio Development Corp. (FBDC), a joint venture of the Ayala group and Jose Campos Jr. of the United Laboratories group on Monday, May 22, 2006.
The Fort Bonifacio City Center is envisioned to form the physical core of the project and consist of high-tech offices, residential buildings, retailing outlets, and roads and walkways.
The Fort Bonifacio City Center is an area bounded by 32nd Street on the north, 11th Avenue on the east, 26th Street on the south and 5th Avenue on the west.
Ayala Land 's Fernando Zobel de Ayala, vice chairman of FBDC, said the new master plan for the 36-hectare "city center" would feature these critical elements:
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a road network with a grid layout that would allow for more efficient traffic management as opposed to the current design with a circular road network;
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ample parking spaces for current and future requirements;
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fully planned, integrated and managed transport system, such as dedicated bus lanes and pedestrian walkways;
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significant portions of land allotted for a number of landscaped areas that would make each reconfigured lot a piece of prime space
"Our vision for ( Fort Bonifacio Global City ) is that it will be a dynamic, thoroughly modern, district and community that will feature a mix of commercial, residential and retail land uses," Zobel de Ayala said.
One of the anchor features of the new master plan is a P600-million retailing strip dubbed "Promenade," which will open in December. At 40 meters wide and 500 meters long, it is as wide as Ayala Avenue, the main street of the Makati business district, and will have more than 80 retail shops and restaurants.
Filadelfo Rojas, chairman of the Bases Conversion and Development Authority, overseer of the development of former military lands, including Bonifacio Global City, said a number of foreign embassies had expressed a desire to locate in Global City.
Ayala Land officials said the Singaporean embassy had acquired a 10,800-square-meter lot in Global City and construction of its new headquarters might start in the third quarter of the year.
Commercial lots are now available at Fort Bonifacio City Center. To inquire about these available lots, please fill out the form here. |
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