Bronx Creative District - Monica Ramirez, General Director, FUGA

1. COLOMBIA
INSIDE OUT
2019

2. BRONX CREATIVE
DISTRICT
BOGOTA

3. BOGOTA AND THE
CREATIVE
INDUSTRIES

4. Bogota Demographic
10,3
1,3%
1th
6th
Tourism
1,2
#1
2th
635K
Source: The World’s Cities – UN (2018)
América Economía Inteligente, Mejores Ciudades para Hacer Negocios (2016)
.
Source: Observatorio de Turismo de Bogotá – IDT (2017)
Annual population growth
Most populated city in Colombia
Most populated city in LATAM
Million tourists during 2017
Tourists destination in
Colombia
Recreation is the second most
important motivational purpose
Visited Colombia
with this purpose
Million citizens

5. 1.886
16%
4.169
35%1.946
16%
1.550
13%
1.189
10%
1.274
10%
1 year or less Between 1y and 5y
Between 5y and 10y Between 10y and 15y
Between 15y and 20y More than 20y
There are
companies in the creative industry
12.015
51%of companies started
operations in the last
five years
Source: Secretaria de Cultura, Recreación y Deporte y Cámara de Comercio de Bogotá (2018)
Mexico 2,7%
Peru 1,8%
Brazil 1,7%
Argentina 3%
Colombia 3,3%
Bogota
contributes
29%
Contribution to GDP by the creative industry.
Source: Invest in Bogota (2018)

6. BRONX CREATIVE
DISTRICT

7. Tercer Milenio Park
Martires Square
De La Mariposa Square
Bogota’s Town Hall
Justice Palace
Bolivar Square
National Capitol
Casa de Nariño
Basilica Primate of Colombia
Colon Theatre
Chancellery
Botero Museum
Luis Angel Arango Library
Voto Nacional Partial Plan
Historic Centre Station –
Bogota Metro
BRT Transmilenio
1
2 3
4
5
6
7
8
9
10
11
12
2
1
3
4
5
6
8
7
9
10
11
12
13
14
14
100 m
Source: Google Maps

8. Stage 2
Local City Hall “Los Martires”
• Surface area: 6.073 m2 Stage 3
SENA
• Surface area: 16.800 m2
Stage 1
Bronx Creative District
• Surface area: 16.456 m2
courses of the creative industry
such as:
• Sound and audio production
• Support for directing
• Costume design for performing
arts
• Script
• Software for theater
• Cultural marketing
• Development software for the
creative industry
Source: ERU (2018) and SENA(2018)
31

9. Cultural
Industries
Event Venue
Coworking
Creative
Industries
I
II
III
IV
V
La Facultad Square
La Facultad
La Milla
La Flauta
Creative Building
35.000 Total m2
£32 MM CAPEX
£2.4 MM OPEX/per year

10. Cra.15

11. LA FACULTAD
Source: ERU (2018)
2.700 m2 of public space for events

12. LA FACULTAD
Source: ERU (2018)
5.600 m2 of commercial area
5.700 m2 of service and circulation
areas

13. LA FACULTAD
Source: ERU (2018)
1.200 m2 Museum

14. LA FACULTAD
Source: ERU (2018)
15.000 m2
Renovated
heritage building

15. LA FACULTAD
Source: ERU (2018)
15.000 m2
Renovated heritage building

16. LA FACULTAD
Source: ERU (2018)
15.000 m2
Renovated heritage building

17. LA FACULTAD
Source: ERU (2018)
3.000 m2
Renovated heritage
building

18. LA FACULTAD
Source: ERU (2018)
2.600 m2
New public space

19. 6.200 m2 of commercial area
6.700 m2 of service and circulation area
2.500 m2 of parking area (109 lots)
Source: ERU (2018)

20. Debtholders
Shareholders
Trust Fund
Special Purpose Vehicle
FUGA Audit Firm
EPC
Public Funds
Operator
Construction
Contract
Operation
Contract
Revenues
Property rent
Event Venue Rent
Parking fees
Advertising
Source: Consorcio BDC (2019)

21. BIDDING PROCESS SCHEDULE
Issuance of
finalTerms of
Reference
Issuance of
Draft Terms of
Reference
Aug 2019 Sept 2019 Nov 2019
Contract
awarded
Initiation Act
Trust Contract
Approval of
Insurance policies
Budget
allocated to
Trust Fund
Nov 2019 Dec 2019
Source: Consorcio BDC (2019)

22. PROJECT SCHEDULE
ConstructionPre-construction
6-12
months
18 - 24
months
Operation &
Manteinence
7-15*
YEARS
Jan 2020 Jan 2021 Jan 2023
2030
-
2038
Source: Consorcio BDC (2019)
* Still in structuring stage by consulting team.

23. THANK YOU