Big biz complex beside Athletic Bowl to be built
>> Wednesday, November 30, 2016
By Aileen P. Refuerzo
BAGUIO CITY – A developer will set
up a multi-million commercial complex here at the old site of the city
orchidarium to include parking facility to recoup expenses in development
of the Athletic Bowl beside the area.
The
developer will run the complex for 25 years to recoup expenses and
operate other facilities like the
Athletic Bowl swimming pool, tennis court, pay-parking and other support
facilities except the oval and bleacher areas.
But
this will happen after two years when the facility is fully developed.
The
planned development of the Baguio Athletic Bowl into a world-class sports
facility is currently in the works with the city government now in the stage of
completing the project details and cost estimates for the proposed
multi-billion project.
Mayor
Mauricio Domogan said the project will be ready for bidding once these
requirements have been completed.
He
said the project was one of the city’s ventures under the public-private
partnership (PPP) concept of development.
The
city council approved the terms of reference (TOR) including those cited above
for the project in September 2012.
The
TOR provides the parameters for the proposed development project to cost P4.3
billion and these terms were prepared by a technical working committee which
the mayor formed to ensure that the proposed project will not contravene the
master development plan drawn by the University of the Cordilleras for Burnham
Park which the city adopted as blueprint for the development of city’s premiere
park.
As
per the approved TOR, the project will cover an area of 77,257 square meters
and will involve the reconstruction and installation of tartan track and oval
stadium with international standards, grandstand with 4,000-5,000 seats,
surrounding fence, bunker and dugout, treatment unit, lounge, business office
and media room, lighting system for night games and bleachers that can
accommodate 3,000 people at the same time.
It
will also cover the reconstruction of the indoor swimming pool into
international standards and other sports-related facilities like indoor tennis
court, table tennis room, basketball court, indoor simulation golf range,
convention room and sports-related shops and restaurants.
It
also includes construction of parking facilities and support facilities and
amenities like building as rentable spaces, accommodation facilities and others
where the investor can recover investments.
“However,
athletes and joggers will not be denied the privilege of using the (facility)
as a jogging place and will not pay anything if they will jog in the area,” the
city council said.
The
terms also called for a review of the preliminary conceptual designs and
selection of most advantageous design by the Athletic Bowl Development
Committee, preparation of the feasibility study, presentation to the City
Development Council for adoption of the finalized project with the study,
presentation to the city council for approval of the finalized project with
study, presentation of the Regional Development Council for approval,
submission and approval of the Investment Coordination Committee.
The
construction period will be for two years and upon completion of the project,
the athletic oval will immediately be turned over to the city government which
will continue to manage and operate the same with all income accruing to the
city government.
0 comments:
Post a Comment