November 4, 2024
BGC Growth and Its Impact on Office Demand
Bonifacio Global City (BGC), once a military base, has rapidly transformed into one of the most dynamic business districts in the Philippines. Over the past two decades, BGC has grown from a quiet urban development to a bustling hub for multinational corporations, startups, and key industries. This growth has significantly influenced the demand for office spaces, shaping BGC’s commercial real estate landscape.
BGC’s strategic location, situated between Makati and Quezon City, makes it highly accessible to both north and south Metro Manila. The completion of key infrastructure projects, such as the Kalayaan Flyover and the BGC-Ortigas Link Bridge, has improved connectivity, making it easier for employees, clients, and suppliers to access the area. This enhanced accessibility has made BGC an attractive option for businesses looking to establish headquarters in a prime location, fueling demand for office space.
BGC is known for its Grade A office spaces—high-quality commercial buildings equipped with state-of-the-art facilities, excellent security, and eco-friendly designs. As more companies shift to premium office spaces to improve employee satisfaction, attract top talent, and enhance their corporate image, BGC’s supply of high-end commercial properties continues to experience high demand. Developers are responding by building more office towers that offer flexible layouts, modern design, and sustainable features. This has led to increased competition among businesses to secure prime office locations within the district.