Arca South
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![]() Entrance to Arca South | |
Project | |
---|---|
Opening date | 2012 (as Arca South) |
Developer | Ayala Land |
Owner | Ayala Land |
Website | arcasouth |
Physical features | |
Transport | ![]() ![]() ![]() ![]() Future: ![]() ![]() |
Location | |
Coordinates: 14°30′11.49″N 121°2′37.53″E / 14.5031917°N 121.0437583°E | |
Country | Philippines |
Location | Makati, Metro Manila |
Address | Western Bicutan, Makati City 1630 Metro Manila, Philippines |
Arca South is a 74-hectare (180-acre) planned unit development owned by Ayala Land, Inc. located at East Service Road, Barangay Western Bicutan, Makati.
It was formerly part of Food Terminal Inc. before being sold to Ayala Land.
History
[edit]With the decline of FTI, established in 1974, 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 (180 acres) or 62% of the 120-hectare (300-acre) property to Ayala Land, Inc. for ₱24.3 billion.[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 (110 acres) 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 2027, ten years after its initial target date.
Current developments
[edit]![](https://upload.wikimedia.org/wikipedia/commons/thumb/4/4d/Taguig_Western_Bicutan%2C_Arca_South_from_air_%28Taguig%3B_09-04-2022%29.jpg/220px-Taguig_Western_Bicutan%2C_Arca_South_from_air_%28Taguig%3B_09-04-2022%29.jpg)
Residential
[edit]Ayala Land Premier
Alveo Land
Avida Land
Commercial/Institutional
[edit]- AANI Outdoor Market
- Arca Main Street
- Arca South Corporate Center
- Ayala Malls Arca South (Transit, Regional, & Lifestyle Malls)
- Landers Superstore Arca South
- Sunshine Mall
- Tryne Enterprise Plaza
- Makati Development Corporation (MDC) Headquarters
- Savya Financial Center
- Bamberton Place
- Z2 Tower
- Manta Corporate Plaza[10]
- Healthway Cancer Care Hospital
- Seda Hotel
- Arca South Pitch
Transportation
[edit]Land
[edit]The planned North–South Commuter Railway and Metro Manila Subway's FTI station will be connected to the Taguig Integrated Terminal Exchange (TITX), which is located in Arca South.[11]
In addition to its surrounding access roads, particularly those connecting it with the East Service Road, Arca South is also expected to be served by the Skyway-FTI Interchange of the Southeast Metro Manila Expressway, which will also connect it to the Skyway.[12]
References
[edit]- ^ 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.
- ^ "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.
- ^ "SOUTHEAST METRO MANILA EXPRESSWAY (C6) PROJECT". Department of Public Works and Highways. Retrieved 24 February 2021.