Twin-tower condo to rise in Bonifacio Global City
Posted on September 3rd, 2009
The Bonifacio Global City is one of the country’s fastest-growing central business districts, and adding more to its ever growing of investors is the Filinvest Development Corp. (FDC), who will put up a P3-billion twin-tower residential condominium building in the said CBD. FCD is the investment holding firm of the Gotianum family.
Filinvest Land Inc. (FLI) president Joseph Yap said they will build The Beaufort project which will offer up to three-bedroom units priced at P8.3 to P18 million per unit. The first tower, which will have 43 storeys, will have a total of 145 units, with each floor occupying just four units.
The Beaufort is strategically located at the corner of 5th Avenue and 23rd Street, and is one of the few remaining lots overlooking the Manila Golf course, said Yap. The first tower, which is already 30% sold and continues to attract prospective buyers, have began construction in the third quarter of 2008. The second tower, which is still in the planning stage, will have 42 floors.
New York-based Arquitectonica and Texeira Design Inc. have been tapped by FDC as architectural designer and interior designer respectively for The Beaufort. Walt Disney’s All Star Resorts in Florida, USA, the Dijon Performing Arts Center in France and the International Finance Center in Seoul, South Korea, are just some of the Arquitectonica’s landmark projects.
Taking advantage of the resurgent property demand, Yap said the Filinvest Group is going full blast with the construction ongoing and new residential projects. Currently, FLI is developing La Vie Flats within the Filinvest Corporate City in Alabang; it’s a 22-storey residential condominium project.
In Makati, FLI has The Linear, a master-planned residential and commercial hub, targeting young urban professionals, and in Bacoor, Cavite, it has Princeton Heights, a 47.8 hectare residential subdivision.
Yap said the company has developed more than 2,000 hectares of land and will continue its focus on its core housing business while simultaneously introducing new products. He said FLI has a landbank of over 2,500 hectares, more than enough to sustain the development of projects and reach new markets.
