Filinvest unit cooks up US-style diner at Camp John Hay
The Bases Conversion and Development Authority (BCDA) on Thursday said it signed a lease agreement with one of the subsidiaries of the Filinvest Development Corp. (FDC), for a 730-square-meter portion of its Camp John Hay property in Baguio City.
BCDA said the property that was leased to the Baguio Mountainscapes Inc. (BMI) will be developed into a modern American all-day breakfast restaurant that features classic American favorites with Cordilleran twists.“Filinvest Development Corp. has a vision for what to do with the BCDA property,” BCDA president and chief executive officer Joshua Bingcang said in a statement.
The state firm also said they see this as an opportunity to aid in elevating Camp John Hay’s status as an investment destination.The lot, considered as a prime property, is being considered to house a new restaurant called the Hay Diner, according to the BCDA.
Earlier in June, FDC also launched a new hotel inside Camp John Hay seeing it in a good position as a tourism and investment destination.
The Grafik Pine House Baguio was launched on June 14, a property which is the first in the collection of the Gotianun-led company.The Grafik Pine House Baguio has a total investment of P2.7 billion and is designed to have 256 upscale rooms and suites, five food and beverage outlets, meeting spaces and a spa.This hotel is expected to open in the first quarter of 2025, and has generated around 3,000 jobs during its construction phase, according to FDC.
It is also expected to create up to 300 more employment opportunities once it becomes operational. —Alden M. Monzon INQ
