Bonifacio Capital District New Senate Building Update

Bonifacio Capital District New Senate Building Update The Bonifacio Capital District (BCD) is a major mixed-use development in Taguig, Metro Manila, envisioned as a new center for business, living, and government services . Here are the key things to know: · Location & Size: It's being developed on a 6.1-hectare (61,761 sqm) property in Taguig, south of Bonifacio Global City (BGC) . · Developers: A joint venture between Robinsons Land Corp. (RLC) and the state-run Bases Conversion and Development Authority (BCDA) . · Project Scope: Designed as a sustainable, mixed-use "destination estate" with residential, office, commercial, hotel, and recreational spaces . · Key Neighbors: Located next to the new Senate building and near the future Lawton station of the Metro Manila Subway . · Timeline: The project is in the planning stages, with land development expected to begin in the latter half of 2025 . The BCD is part of a larger plan to transform former military lands into economic hubs. A ₱3.5 billion initial payment from RLC significantly boosted BCDA's revenues in 2024 . The New Senate Building is located right within the Bonifacio Capital District (BCD) in Fort Bonifacio, Taguig . It's a modern, permanent home for the Senate, replacing its current rented space . Here are the key facts: · Current Status & Timeline: Under construction, topped out in July 2023 . The move is now targeted for mid-2027, with the full transition possibly taking six months to a year . · Project Scale: The 11-floor structure has a total cost of ₱23.38 billion (core, fit-out, land, etc.), with 1,200 parking slots . · Design & Features: Designed by AECOM and built by Hilmarc's Construction Corp., it aims for a prestigious 5-star BERDE green building rating for sustainability . · Transit Link: A Metro Manila Subway station is being built nearby, specifically to serve the area .