300-M flyover project soon to rise in Bonifacio Global City, Taguig

November 26, 2010 2:09 am 

MANILA, Nov. 25 –A 300 million flyover project will soon rise at the northbound lane traffic of C-5 road in prime business and commercial district in Taguig City.

According to Meean Dy executive vice president of Fort Bonifacio Development Corp. (FBDC), the developer of BGC, said the C-5 North Entry ramp, a two-lane, one-way flyover with a length of 800 meters, will serve as an exit point from BGC to the northbound lane of C-5.

Dy said the project was conceptualized to decongest traffic at the BGC and provide motorists a shorter and easier alternate route to C-5.

“By the third quarter of 2011 when this ramp is completed, people living in Quezon City, Pasig, Pateros, Cainta, and the like will now have an alternative way to leave BGC and go home via C-5,” Dy said on Thursday during the groundbreaking ceremonies at the 32nd Street at The Fort.

The project is a two-lane, one way flyover which will serve as an exit point from Bonifacio Global City (BGC) to the northbound lane traffic of C-5 with a length of 0.809 kilometers.

The project alignment begins at the intersections of existing 32nd St., University Parkway and McKinley Parkway proceeding eastward to the road segment of C-5 and ends just before the elevated U-Turn built by the Metropolitan Manila Development Authority located before the Kalayaan/C-5 intersection.

“We have been working on these connections for a time now, starting off with the Sampaguita entry and exit points and the C-5-North Exit ramp that takes you from C5 onto 32nd Street beside Market! Market!,” Dy said.

She also said that they were continuing their commitment to build cities that work thus they have to enhance the linkages to the rest of the metropolis.

At present, close to 3 million square meters of commercial and residential developments have been completed or under construction at BGC and there were about 30,000 people employed and close to 200,000 residents within the 240 hectare development.

FBDC Chairman Joselito Campos, Jr. said that the project was conceptualized with the FBDC’s government partner, Bases Conversion Development Authority (BCDA) through the Public-Private Partnership (PPP) concept.

“We are heartened that the current government, with its private-public partnership policy, strongly recognizes the important role that the private sector plays in building the infrastructure necessary to make our citizens breathe easier,” he said.

Campos said Interchange will give the shortest most direct access from the BGC to the north.

It will also join the rest of the infrastructure that BGC has to connect with the other lifelines of the metropolis be it roads or waterworks.

“We realize long ago that this Home of Passionate Minds will only thrive if it is supported by effective infrastructure that recognizes that we are not only consumers but citizens, with expectations for better mobility and access,” Campos said.

The project is designed to provide additional egress and facilitate decongestion of traffic due to the fast-rising developments that are on-going within the BGC.

It aims to provide alternate route for commuters from Makati Central Business District bound for Pateros and Quezon City.

FBDC is 55 percent controlled by Ayala Land, Inc. and the Campos Group of Companies, 45 percent is from the state-owned BCDA.

Manny Blass II, head of the Community Relations of FBDC, said the C-5 North Entry flyover, with a project cost of P300 million, is expected to be completed in the third quarter of 2011. Project contractor is the Cavite Ideal International Construction and Development Corp.

Next year, BCDA will also inaugurate the planned C-5 South Entry ramp that will complete the BGC-C5 Interchange. (PNA)

RMA/CLTC

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