Megaworld and the Bases Conversion and Development Authority are teaming up in creating a new district in Fort Bonifacio, to be called the Bonifacio Capital District, its press release said.
It has a total land area of around 160 hectares, and will cover the southern part of Fort Bonifacio towards the South Luzon Expressway and the Ninoy Aquino International Airport.
Envisioned to be the ‘country’s administrative capital,’ the BCD will soon be home to the future buildings of some of the major government institutions, the press release said.
The district will soon house the country’s major institutions, such as the Senate of the Philippines, the Supreme Court, and the Court of Appeals. These government institutions will be complemented with more office spaces, residential units, parks, and commercial establishments—which are all essential to our vision to create vibrant and livable communities for the people, Vince Dizon, president and chief executive officer of BCDA, said.
“In the next five years, after completing the road developments, utilities network and the subway project, we will be focused on traffic management, which includes development of bike lanes and pedestrian networks as well as deployment of traffic marshals. We will also improve landscaping along the district’s major roads and designing the entire district with urban art installations. On security management, we will also expand the CCTV monitoring to cover all areas of the district, which will then be incorporated into our Central Command Center inside McKinley Hill,” said Kevin Tan, chief executive officer of Alliance Global Group, the mother company of Megaworld.
Based on the district’s original masterplan by Parsons Brinckerhoff, at least 15 percent of the entire area will be dedicated to recreation, green and open spaces, on top of the mandatory open space easement required to each locator, the press release added.*
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