Arca South
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Arca South is a Script error: No such module "convert". mixed-use estate 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, 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 Script error: No such module "convert". or Script error: No such module "Percentage". of the Script error: No such module "convert". property to Ayala Land, Inc. for Template:Philippine peso.[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 Script error: No such module "convert". 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
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Residential
Ayala Land Premier
Alveo Land
Avida Land
Commercial/Institutional
- 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
Land
The planned North–South Commuter Railway and Metro Manila Subway's FTI station will be connected to the Taguig City Integrated Terminal Exchange (TCITX), 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]
The two-hectare Arca South Transport Terminal, operated by ALI partner Interlux Corporation is designed as an access to Arca South estate while the TCITX is under construction.[13]
References
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