BCDA to Review Camp John Hay Subleases

Manila Bulletin, February 15, 2015 | Go to article overview

BCDA to Review Camp John Hay Subleases


Some 118 business enterprises, 85 owners of residential structures and owners of 384 hotel rooms in Camp John Hay must submit themselves with the Bases Conversion and Development Authority (BCA) for the reevaluation of their contracts after the tribunal arbitration committee rescinded the contract of operator CJH Development Corp (CJHDevCo). Based on the arbitration committees decision on February 11, 2015, CJHDevCo should vacate Camp John Hay and return the property to BCDA immediately, including the old and new structures and improvements therein. The verdict was issued two years after both parties agreed to enter into an arbitration proceeding. BCDA President and CEO Arnel Paciano Casanova said during a press conference that the decision effectively rescinded the original lease contract of CJHDevCo, the subleases entered into by the businesses and locators in Camp John Hay entered with CJHDevCo have been rescinded as well. Since the original lease has been rescinded, the subleases would then be legally affected by the decision. So, we are calling on investors in Camp John Hay to coordinate with us so we can work on an orderly transition. It is also in their interest to settle with us, said Casanova said. There are 118 business enterprises that have entered contracts with CJHDevCo including retail outlets, restaurants, BPOs firms. There are also 85 residential structures that were granted 50 year leases when the CJHDevCo is only good for 25 years. The Manor Hotel has 384 rooms already owned by individuals. Whatever agreement they entered into with CJH Development Corporation no longer applies because their subleases have been terminated with the principal lease, he reiterated. CJHDevco has been ordered to vacate the property and they should do so immediately. We want to ensure the security in Camp John Hay and prevent sabotage, pilferage and the destruction of property, Casanova said. With the arbitral decision, the public is forewarned that CJHDevco no longer has the legal authority to do business within the zone. …

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