The Bases Conversion and Development Authority (BCDA) has partnered with a private consortium to redevelop the Mile-Hi property in Camp John Hay, Baguio City, into an eco-friendly commercial hub.
The P560 million investment aims to restore the 6,647-square-meter property, blending its historical significance with economic development initiatives.
BCDA President and CEO Joshua M. Bingcang emphasized that Mile-Hi will once again become a welcoming destination that supports local livelihoods and preserves the spirit of Baguio.
The consortium, comprising Istana Development Corp. (IDC) and Meridian Commercial Centers, Inc., has committed to closely collaborating with BCDA and John Hay Management Corp. on the project.
A key aspect of the agreement mandates the incorporation of sustainable design features to reduce environmental impact.
These sustainable features include maximizing natural light and ventilation, employing thermally efficient designs, integrating solar-oriented architecture, and utilizing green roofs and walls to minimize greenhouse gas emissions, water and energy consumption, and waste generation.
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