Close to 100 buildings rising in Bonifacio Global City

from BusinessWorld Online, Sept 28, 2006

In the next two years, the number of people living and doing business in the Bonifacio Global City (BGC) will dramatically increase. At present, a hundred or so buildings are being planned, constructed or have been completed.
“Construction and development activities are in full swing. Every year, large increments are added to our daytime population of office workers and full time residents as well as to the number of visitors with the completion of each project and building,” said Jun Bisnar, head for commercial operations of Fort Bonifacio Development Corp. (FBDC).

Bonifacio Global City is a self-contained area with a superior location. Its residential condominiums and office buildings enjoy a quick take-up rate, Mr. Bisnar said. “Even overseas buyers are well aware that BGC will be the business district of the future.”

Alongside the vertical developments, horizontal developments including underground civil works are keeping pace with the growth of Bonifacio Global City. This includes the installation of underground drainage systems, water and sewage distribution lines, fiber-optic cabling network, and underground lines for liquefied petroleum gas and electric power. Overhead power lines are things of the past in Bonifacio Global City.

The city’s road and infrastructure network will further be expanded with the completion of Bonifacio Triangle, a section of the city near the North Gate along Kalayaan Avenue. Since the start of the year, land development within the City Center has also been prioritized by FBDC in terms of funding.

In anticipation of the increase in critical mass in the business district, the retail and office Promenade will be completed and opened before the year ends. Retail stores, wellknown brands and dining establishments, will be built around a 40-meter wide and 800-meter long landscaped park cutting across the city center.

An estimated 180 locators and tenants will be added to Bonifacio Global City with the completion of the retail areas at the Promenade and the Serendra.

With the increase in human traffic, vehicular traffic will also shoot up. Thus, FBDC has redesigned the city center roadway system to make circulation and traffic flows more efficient. Accordingly, the 5th and 11th Avenues and 32nd and 26th Streets, which serve as the boundaries of the city center, are being widened to 30.75 meter from 25 meters, to include a landscaped median and a four-meter exclusive bus lane.

“The exclusive bus lanes will become part of a transit system that will directly link BGC to Metro Manila’s light rail systems at EDSA and the Makati Central Business District,” Mr. Bisnar said.

In a move to make BGC more pedestrian friendly, the transit stops of the shuttles will be no more than a 10-minute walk from all points within the city center.

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