A fully owned subsidiary of the state-owned Bases Conversion and Development Authority (BCDA), has bared plans to expand the Pamayanang Diego Silang (PDS) commercial strip along the C-5 road, a move that would create additional livelihood opportunities and jobs for residents in the area.
The BCDA Management and Holdings Inc. (BMHI) General Manager Rafael Llave said the BMHI plans to build and lease out in 2014 some 50 additional commercial stalls to the existing 64 stalls in the PDS commercial center located along C-5 in Barangay Ususan, Taguig City.
“The businesses that will be put up in the additional stalls will augur well to serve the 5,000 residents of the PDS Housing Project as well as the residents of the nearby communities,” Llave explained.
He noted that once the stalls are in place, PDS residents are encouraged to lease the stalls and put up their own businesses as part of BMHI’s livelihood program.
Llave said the 50 additional stalls will measure 25-square meter each and will be housed in a two-story building.
Among the businesses that are currently available in the existing commercial center include Internet cafes, food stalls, drug stores, laundry shop, dental clinic and bayad centers.
Llave also said that another project planned for 2014 is the expansion of its one-story corporate center building into a three to five-story building. The BMHI Corporate Center is located C-5 and is within the PDS commercial strip together with the commercial center.
The expansion of the BMHI corporate building housed in a 3,000-square meter area will allow BMHI to generate additional revenues through short and long-term lease.
“We envision the first floor to accommodate commercial establishments like banks and major franchise stores while the remaining floors will cater to corporate offices including the BMHI,” Llave said.
He said that the BMHI plans to bid out the two expansion projects in 2014 once the terms of reference for each of the projects have been finalized.
Raadee S. Sausa