ALI bares final plans for new P28.2-B phase in Global City


PROPERTY giant Ayala Land Inc. (ALI) unveiled final plans for a new phase within Bonifacio Global City in Taguig that would house the new headquarters of the Philippine Stock Exchange (PSE) alongside upscale residential, retail and hotel components.

In a briefing with reporters following the formal groundbreaking on Tuesday, ALI officials said the 3-hectare development called One Bonifacio High Street represents the single biggest investment in Bonifacio Global City for ALI and its partners. Total investments are seen to hit P28.2 billion, to be shouldered by ALI, Campos-led Evergreen Holdings Inc. and Fort Bonifacio Development Corp.

“We have largely finalized the plans for the residential, office and retail components,” ALI President Antonino T. Aquino said, noting that the project should benefit from new developments within the High Street retail strip.

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