RLC Residences shares how these CBDs rose to the amazing cities they are today
Central business districts (CBDs) are an integral part of any highly urbanized city. Home to corporate centers and public buildings, CBDs attract high-value businesses and employers, contributing to the continued growth of its surrounding areas. They are also some of the most vibrant parts of the metro, housing commercial areas like malls and other recreational spaces.
In the country, most CBDs are found in Metro Manila which attributes to the preference of many to move here so they can have their career and personal goals in sync. With RLC Residences’ SYNC N Tower located along the C5 Corridor in Pasig, more people can benefit from its central location that’s only a few minutes away from Metro Manila’s most dynamic business districts- Makati, Bonifacio Global City, Ortigas, and Bridgetowne. Get to know these thriving CBDs below.
Makati, the home of retail and commerce
The Makati CBD traces its history to the years following World War II. It started in the 1950s with the establishment of a first-rate residential neighborhood, followed by a financial commercial center in the 1970s where buildings, parks, open spaces, and commercial hubs were built and developed.[1]
Today, the Makati CBD is a cosmopolitan area that is known for being home to popular malls as well as some of the country’s top 100 companies, including Petron Corp., Chevron Philippines, and Accenture, Inc, to name a few. With countless opportunities for career advancement available for its residents, living near Makati CBD is now a must for many. Good thing, SYNC is just less than ten kilometers away from the district. Thanks to its direct access to C5, living in SYNC allows its future residents to enjoy convenient travel to and from their workplace.
Bonifacio Global City, the hub of finance and technology
Bonifacio Global City is the Philippines’ second-largest CBD and one of the country’s most valuable developments. It began as Fort McKinley, an American military camp dating back to 1902[2]. Now, it is known as a major urban development where major local and international financial institutions are present, including Citibank Philippines, Bank of America, and Philam Life, Co. Numerous companies in the fields of technology and telecommunications have also set up their headquarters in BGC, such as Globe Telecom Inc. and Google Philippines.
Given its dynamic landscape, no wonder many are aiming to move in near this CBD. At the same time, its neighboring areas are sure to increase in value thanks to the continuous development of BGC. All these are taken into consideration while designing SYNC. The project is only 4 kilometers away from BGC, making it easy to enjoy the convenience of living near this CBD without the premium cost. At the same time, in terms of value appreciation, this kind of proximity and the continuous growth of the business district secure the property’s appraisal in the coming years.
Ortigas, a network of business process outsourcing companies
Ortigas was once known as ‘Hacienda de Mandaloyon’ before the land was purchased and developed by the namesake family. The city gained economic importance during the 1960s with the construction of the Benpres Building and the Meralco Complex. After that, Ortigas made its mark by housing Asia’s first international finance center.[3] Also referred to as a mini city, this business district is where the cities of Quezon, Pasig, and Mandaluyong meet.
Housing multiple hubs for the IT-BPO sector, such as Alorica, Concentrix, and Telus International, as well as major malls like Robinsons Galleria, it’s no wonder that Ortigas Center is considered by many to be one of the most attractive places to work.
Living near Ortigas is one of the most desired options for many professionals who call this CBD their workplace. Active home lookers can definitely check out SYNC – located just 2 kilometers away from this area and offers convenient access to where you need to be within the district. It’s also considered a hyper-amenitized development as it offers more than 25 facilities that Ortigas working professionals can use after work or during their time off.
Bridgetowne, a master-planned business center and residential area
Bridgetowne is an up-and-coming CBD that promises the best of both Quezon City and Pasig with PEZA-certified office buildings, premium condominiums and shopping centers, a 5-star hotel, a school, a hospital, and a transport terminal within reach in the 30.6-hectare township. It is also home to The Bridgetowne Obstacle Park, which is the largest of its kind in the world.
This master-planned city is continuously being developed, but many companies are already calling this their headquarters. With more office spaces soon to be occupied, the majority will be on the lookout for a place they can call home that is just a few kilometers away from this CBD. One consideration is SYNC, as both have direct access to C5 and is only an 8-minute drive from Bridgetowne.
Individuals looking to live near CBDs through SYNC may connect with a Property Specialist through rlcresidences.com.
[1]https://www.makati.gov.ph/cms/the-city/city-profile/76?content=797
[2] https://bgc.com.ph/history/
[3] https://santosknightfrank.com/blogs/ortigas-a-future-city-reimagined/
