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Fort Bonifacio property attracts many interested parties!
 Eight of the country's top real estate developers have expressed keen interest in developing the 1.2-hectare prime property being auctioned off by the Bases Conversion Development Authority (BCDA) in Fort Bonifacio Global City.
BCDA vice president for business development Aileen Zosa said the Expanded Big Delta Lots, formerly known as Government Center for Investments located right beside the Bonifacio Global City Center, was set for lease or joint venture as part of BCDA's Asset Disposition Program Phase III.
"The property is like the gate to the city center along 5th Avenue and any project that will rise there shall enjoy being in an accessible area," Zosa said.
She said the interested proponents that attended the pre-qualification conference were Ayala Land Inc., Cancio Architects and Blue Gate Development Corp., MegaWorld Corp., Philippine Townships International Corp., Robinsons Land Corp., Rockwell Land Corp., Sta. Clara International Corp., and an entity represented by the Roxas, Delos Reyes, Laurel and Rosario Law Office.
"All the developers who attended the prequalification conference showed keen interest in the property," Zosa said.
She said the developers would have flexibility on how to develop the property since the property was ideal for mixed-use projects.
"It is ideal for five-star hotels, offices and other land uses," Zosa said.
The BCDA sees Php1.8 billion in earnings from the property in 25 years, based on a floor price of P150,000 per square meter.
The Bonifacio Global City boasts of a central location that is a few minutes away from the Makati central business district, the Ninoy Aquino International Airport, Circumferential Road 5 and the Ortigas area.
The Fort Bonifacio Global City also boasts of world-class infrastructure that includes an underground drainage detention structure with the capacity to hold 22 million liters of water and release it under controlled conditions to prevent floods. It also has a fiber optic cabling network to support a wide range of telephone, video and data applications.
With the current pace of investments taking place, the development of the Global City is on track in making it as a key international business district of the country.
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