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BCDA finalizes deal to redevelop Mile-Hi complex in Baguio
The Philippine Star
|October 08, 2025
The Bases Conversion and Development Authority (BCDA) has entered into a long-term lease agreement with the consortium of Istana Development Corp. (IDC) and Meridian Commercial Centers Inc. (MCCI) for the P560-million redevelopment of the Mile-Hi property in Camp John Hay in Baguio City.
The BCDA said the agreement to transform the 6,647-square-meter property into an upscale commercial hub was signed with IDC and MCCI yesterday.
While the property is being redeveloped, the BCDA said the parties would be preserving its historical significance and enhancing the natural environment of the surrounding area.
Diese Geschichte stammt aus der October 08, 2025-Ausgabe von The Philippine Star.
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