Arca South
Place in Philippines From Wikipedia, the free encyclopedia
Place in Philippines From Wikipedia, the free encyclopedia
Arca South is a 74-hectare (180-acre) planned unit development owned by Ayala Land, Inc. located at East Service Road, Barangay Western Bicutan, Taguig.
Project | |
---|---|
Opening date | 2012 (as Arca South) |
Developer | Ayala Land |
Owner | Ayala Land |
Website | arcasouth |
Physical features | |
Transport | FTI AS01 Arca South Future: MMS FTI Taguig Integrated Terminal Exchange |
Location | |
Coordinates: 14°30′11.49″N 121°2′37.53″E | |
Country | Philippines |
Location | Taguig, Metro Manila |
Address | Western Bicutan, Taguig City 1630 Metro Manila, Philippines |
It was formerly part of Food Terminal Inc. before being sold to Ayala Land.
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.
Ayala Land Premier
Alveo Land
Avida Land
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]
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.