Ideal location for local businesses going global

As the Philippines becomes more closely interconnected to the global economy, real estate developments located near international airports are expected to be very highly valued.

According to Bobby O. Dy, head of commercial operations of the Ft. Bonifacio Development Corp. (FBDC), airports are the main physical links to other international business capitals, the main components of the global economy. "Thus properties near them benefit highly from their enviable location," he said.

Dy points out that the McKinley Business Park’s accessibility to the new phases of the Ninoy Aquino International Airport has been attracting global businesses and enterprising Filipino firms seeking to expand their operations within the region.

McKinley Business Park is within that portion of Ft. Bonifacio recently acquired by Ayala Land and the Campos Group. It was selected as the initial project of the joint venture because of its highly advantageous location.

Situated very close to McKinley Road, the McKinley Business Park offers a limited number of lots that range from 941 sqm. – 2,782 sqm. Within the Bonifacio Global City business district, it is only a few minutes drive from both the NAIA 3 Terminal and the country’s largest business hub, the Makati Business District. Given its proximity to the Manila American Monument and Memorial, McKinley Business Park has been zoned as a medium-density development. "It is ideal for medium-rise office, residential and mixed-use buildings," Dy points out.

Tristan dela Rosa, senior vice-president of Ayala Land, Inc. which is marketing the project, is optimistic about the prospects of McKinley Business Park. He observes that as the Philippine economy continues to be intrinsically linked to the global and regional economy, there will be a strong demand for residential, commercial and office properties that will cater to the needs of executives engaged in international business. "Such a location will allow this type of executive to be fully productive," he states.

The McKinley Business Park is the initial project of FBDC under the management of Ayala Land and the Campus Group. In partnership, the two firms acquired from Metro Pacific Corp. the controlling share of FBDC in a public building in late 2002.