Arca South
 | |
 Entrance to Arca South | |
| Project | |
|---|---|
| Opening date | 27 March 1974 (as Food Terminal Incorporated) 2012 (as Arca South) |
| Developer | Ayala Land |
| Owner | Ayala Land |
| Website | Arca South |
| Physical features | |
| Transport |   FTI  AS01 Arca SouthFuture:  MMS FTI Taguig Integrated Terminal Exchange |
| Location | |
  Location in Manila | |
| Coordinates: 14°30′11.49″N 121°2′37.53″E / 14.5031917°N 121.0437583°ECoordinates: 14°30′11.49″N 121°2′37.53″E / 14.5031917°N 121.0437583°E | |
| Location | Taguig |
| Address | Western Bicutan, Taguig, Philippines |
Arca South is a 74-hectare planned unit development owned by Ayala Land, Inc. located at East Service Road, Barangay Western Bicutan, Taguig.
It was formerly part of Food Terminal Inc. before being sold to Ayala Land.
History
With the decline of FTI, there have been several attempts over multiple Philippines presidential administrations to sell off part of the property, including a public auction in 2009, but they all failed.[1]
In November 2012, the Philippine government announced the sale of the 74 hectares of the 120-hectare property to Ayala Land, Inc. for 24.3 billion Philippine pesos.[2][1] Ayala plans to turn the property into a mixed-use development.[2] Proceeds from the sale are pledged to the programs of the Department of Agriculture and the Department of Agrarian Reform. The remaining 46 hectares remains in FTI.[2]
In 2013, Ayala Land renamed their property into Arca South.[3] Current construction of the mall is estimated to be completed by 2023, 6 years after its initial target date.
Current developments
Residential
- Arbor Lanes[4]
- Gardencourt Residences [5]
- The Veranda[6]
- Park Cascades [7]
- Avida Towers One Union Place[8]
- Avida Towers Vireo[9]
Commercial/Institutional
- Arca South Corporate Center[10]
- Ayala Malls Arca South (Transit, Regional, & Lifestyle Malls)
- Sunshine Mall
- Arca Main Street
- Tryne Enterprise Plaza
- Makati Development Corporation (MDC) Headquarters
- Savya Financial Center
- Bamberton Place
- Z2 Tower
- Manta Corporate Plaza[11]
- QualiMed Hospital
- Seda Hotel
- AANI Outdoor Market
- Landers Superstore
Transportation
Land
The planned North–South Commuter Railway and Metro Manila Subway Line 9's FTI station will be connected to the Taguig Integrated Terminal Exchange (TITX), which is located in Arca South.[12]
References
- ^ a b "Privatization Mgmt Office moves Food Terminal Inc. bidding to Aug. 14". GMA News. 2 August 2012. Archived from the original on 19 December 2013. Retrieved 13 November 2012.
- ^ a b c Burgonio, TJ (13 November 2012). "Ayala buys FTI for P24.3B". The Philippine Inquirer. Archived from the original on 15 November 2012. Retrieved 13 November 2012.
- ^ "ALI Food Terminal Inc (FTI) Now ARCA SOUTH! » Ayala Land Real EstateAyala Land Real Estate". Archived from the original on 8 April 2014. Retrieved 5 May 2013.
- ^ "Arbor Lanes – Arca South". 20 November 2017.
- ^ "Gardencourt Residences - Ayala Land Premier". Facebook.
- ^ "The Veranda – Arca South". 20 November 2017.
- ^ "Park Cascades – Arca South". 20 April 2018.
- ^ "Avida Towers One Union Place – Arca South". 20 November 2017.
- ^ "Avida Towers Vireo – Arca South". 20 April 2018.
- ^ "About AyalaLand Offices – Arca South". Retrieved 1 June 2015.[permanent dead link]
- ^ "SantosKnight Frank - Mantra Corporate Plaza".
- ^ "Ayala Land bags P4B ITS-South Terminal project". Manila Bulletin. Archived from the original on 17 November 2015. Retrieved 16 November 2015.
External links
- All articles with dead external links
- Articles with dead external links from May 2019
- Articles with permanently dead external links
- Use dmy dates from September 2018
- Articles with short description
- Short description with empty Wikidata description
- Coordinates not on Wikidata
- Pages using infobox settlement with missing country
- Pages using infobox settlement with embed
- Mixed-use developments in Metro Manila
- Buildings and structures in Taguig
- Planned communities in the Philippines