State-run Bases Conversion and Development Authority (BCDA) is teaming up with professional services firm SGV & Co. to update the two-decade-old master development plan of the Bonifacio Global City (BGC), making it more people-centric to unlock long-term investments.
In a statement, the BCDA said the new development framework will serve as BGC’s forward-looking guide for its next phase of growth in the coming years.
BCDA President and Chief Executive Officer Joshua Bingcang said the goal of the master plan revamp is to ensure the district responds to current and future urban needs while keeping its progress inclusive.
“We want to make sure that BGC continues to become more people-centric, with greater focus on open spaces, mobility, and transportation,” said Bingcang.
He said the BCDA wants to make BGC more “open and accessible to all sectors of society,” removing the perception that the district is exclusively for wealthy elites.
Under its partnership with SGV & Co., there will be a nine-month consultation and technical study process to prepare the updated plan.
This will involve data-driven urban analysis, visioning workshops, and engagement with key stakeholders to align the BCDA’s development strategies with existing policies and infrastructure capacity.
The updated master plan will integrate contemporary urban planning principles into the district, placing greater emphasis on public spaces and streetscape improvements.
It is also expected to address emerging challenges such as traffic congestion, infrastructure constraints, climate risks, as well as the need for more inclusive and accessible mobility.
With this, the new plan will align with transit-oriented development to further integrate land-use planning with existing and planned transportation systems, such as the Metro Manila Subway Project.
In addition, the BCDA and SGV & Co. will study the reallocation of gross floor area (GFA) entitlements to optimize land use and value and identify underutilized areas for potential development or disposition.
“The goal is to keep BGC balanced, resilient, and accessible. Not only for investors, but for workers, residents, and the public who use this city every day,” said Bingcang.
Once completed, Bingcang said the updated master plan will help foster long-term investment in BGC, generating more jobs and stimulating greater business activity.
Having attracted top-tier commercial, residential, and institutional investments over the past two decades, the new framework is seen to reinforce BGC’s position as a premier investment and business hub.