By Ayen Infante
01/18/2010 [ tribune.net.ph ]
Six of the country’s biggest property firms expressed keen interest in the prime 34.5-hectare former Joint US Military Assistance Group (Jusmag) property in Fort Bonifacio, Taguig.
The six groups have submitted their respective eligibility documents to beat a Jan. 14 deadline.
Bases Conversion and Development Authority (BCDA) vice president for business development Aileen Zosa said the six firms seeking to become BCDA’s joint venture partner for the development and privatization of the Jusmag property were Rockwell Land Corp., Filinvest Land Inc., Robinsons Land Corp., Megaworld Corp., San Miguel Properties Inc. and Ayala Land Inc.
Zosa said that, of the 34.5-hectare area for disposition, 20.76 hectares are buildable, 2.02 hectares are reserved for recreation and open spaces, 0.62 hectares are reserved for utilities, and 11.05 hectares are reserved access lots, including the 0.97-hectare area reserved for the widening of Lawton Avenue.
She noted that the maximum allowable gross floor area for the said property is 1.383 million square meters.
The 34.5-hectare Jusmag property is along Lawton Avenue in Fort Bonifacio, Taguig City at the back of posh Forbes Park. The minimum value for the property is P19,000 per square meter.
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