Aside from location, accessibility is one of the major deciding factor on how great a real estate investment is. Arbor Lanes in Arca South by Ayala Land Premier has these elements. It is within the most progressive district in Metro Manila and its future accessibility is a reality in tune with the South Integrated Transport System with will Skyway Ramps that will connect Arca South to the South Luzon Expressway, Skyway and C5.
Below are the facts about this project with Ayala Land Inc. as the one in charge for its completion.
Implementing Agency: Department of Transportation and Communications (DOTC)
The South Terminal of the Integrated Transport System (ITS) project will be constructed within a site area of 4.7 hectares. It will connect passengers coming from the Laguna/Batangas side to other transport systems such as the future North-South Commuter Railway project (currently the Philippine National Railways), city bus, taxi, and other public utility vehicles that are serving inner Metro Manila. The project will include passenger terminal buildings, arrival and departure bays, public information systems, ticketing and baggage handling facilities, and park-ride facilities.
The private partner will undertake the design, construction, and financing of the ITS South Terminal as well as the operation and maintenance of the whole facility. The concessionaire can also undertake commercial development and collect revenues generated from the same.
Indicative Cost: PHP 5.20 Billion | USD 0.11556 Billion *
Procurement Mode: Solicited Mode; Two-stage bidding
PPP Structure: Build-Transfer-and-Operate (BTO)
Cooperation Period: 35 years inclusive of construction period
Region: NCR REGION – NATIONAL CAPITAL REGION
Sector: Transport Terminal,Transportation
Status: Contract signed on 26 January 2016
Ongoing Independent Consultant procurement and pre-construction activities.
*Note on Project Cost
Project cost includes the cost of the C5-FTI-Skyway Connector Road (access ramp) of PhP 1,198.093 million, and cost of land.
For more information about Arbor Lanes in Arca South, you may contact us at mobile number +639175559741