"The general objectives of the Redevelopment Master Plan is to induce commercial investments including necessary urban services in the existing development, to promote synergy among investors and to productively develop new areas," said SBDMC President Jeff Lin.
added that it is meant to complement SBMA's comprehensive master plan for the Subic Bay Freeport Zone (SBFZ) particularly the development of the Subic Gateway District and the overall thrust of SBFZ as a major maritime hub.
It also aims to prepare SBGP to play a vital role in the emerging development of the Subic-Clark Development Corridor (SCADC).
The Redevelopment Master Plan focuses on formulating the development strategies, restructuring the zoning and circulation of the area to align with the strategies and setting the general development guidelines to guide the further growth of SBGP.
explained that the Redevelopment Master Plan aims to convert SBGP from an industrial park into a mixed-use commercial complex that will have a mix of commercial, civic, residential and park-like facilities.
From an industrial park, SBGP will be converted into a regional commercial outlet center that caters to local and international markets and complements the facilities of Olongapo City and SBFZ.
"We have conducted consultations with SBMA and existing SBGP locators as they are stakeholders of this project.
In fact, the cooperation of SBGP locators is key to the expedient implementation of the master plan," said Lin