Baguio: The city government of Baguio is projecting substantial financial gains, with anticipated annual revenues of PHP72 million from the newly refurbished Maharlika Livelihood Center (MLC) once redevelopment is complete. This marks a significant increase from the previous annual rental income of PHP500,000 before the facility's turnover to the city. According to Philippines News Agency, MLC Administrator Arthur Allad-iw detailed that the expected revenue will primarily originate from rentals and parking fees. This comes as the city develops a master plan to guide an ordinance defining the center's future use. Allad-iw noted that the interim operations have already demonstrated the center's potential to generate revenue while being self-sustaining. The MLC, formerly managed by the Department of Agriculture, was transferred to the city government in May last year after the expiration of a 50-year lease agreement. Data from the City Treasurer's Office revealed that from June to December 2025, the MLC accrue d PHP59.45 million in gross income from rentals, advance payments, and deposits, and an additional PHP7.15 million from parking fees, amounting to an average of PHP30,000 daily. Allad-iw mentioned the city is still deliberating whether the MLC will continue as a full-scale livelihood center supporting small businesses or transition to a heritage site with limited activities. City Treasurer Alexander Cabarrubias previously informed the city council that the MLC is generating approximately PHP6 million in monthly gross collections, which equates to PHP72 million annually. Of this, about PHP2.5 million is allocated for operations and maintenance, with the remaining net income being directed to a special MLC fund. Beyond direct income, the redevelopment is expected to increase employment at the MLC to more than 40 jobs from the current 25, excluding security, maintenance, and utility roles. Additional revenue is anticipated once toilet repairs are finalized. The MLC complex, including the Maharlika and Marbay buildings, houses roughly 910 leaseholders and spans about 5,000 square meters at the base of Session Road. City Budget Officer Leticia Clemente, chair of the MLC Transition Coordinating Committee, stated that the facility is being developed as a separate local economic enterprise, akin to the Center Mall, which is slated for city turnover in 2028. Clemente added that an ordinance is in the works to formalize the governance, management, and revenue protocols to ensure the center's sustainability, transparency, and accountability.