Iloilo Business Park: A Glance of Developments and Opportunities

Iloilo Convention Center resembles Iloilo's cultural heritage and economic glory as a modern convention venue.

 The present site where One Madison Place will soon rise.

An artist's perspective of The Palladium, the tallest residential tower in Western Visayas.

Artist's perspective of Lafayette Park Square.

A quick glance at Iloilo Business Park, the 72-hectare business and commercial township in Mandurriao, Iloilo City which was once an old airport is truly captivating and inspiring. Megaworld, the country’s leading real estate developer and BPO landlord visualized a bustling modern community and financial center when Iloilo Business Park was laid into a life-changing plan a few years ago. When it finally opened in 2013, the township started to promote a genteel yet vibrant lifestyle that Ilonggos and future investors can look forward to when living in Iloilo City. Iloilo Business Park opened a doorway of many possibilities in reclaiming the once affluent economy and tourism of the city. The metropolitan-inspired “condo lifestyle” was introduced by Iloilo Business Park to Ilonggos with its first residential tower - One Madison Place, an ultra-modern condominium comprised of 3 towers, stunning amenities and a lifestyle interconnected with the township’s bustling activities. Lafayette Park Square, another 16-storey residential tower came into the spotlight by introducing French and Spanish-inspired architectural design, first-class amenities and a vintage-perspective lifestyle for condo buyers. The third residential tower that further captured the interest of client and investors is The Palladium, standing tall with 22-floors, the tallest edifice in Western Visayas, and inspired by the rarest metallic element of the earth. The Palladium offers high-life with its serene four sky gardens, infinity pool, exciting unique amenities and by offering the first of its kind “Loft Units” located in the Penthouse level.

Richmonde Hotel Iloilo is the first high-end luxury hotel that opened in Iloilo Business Park this year.

A view of the Megaworld Boulevard where the Festive Walk Mall (left) is being constructed and the biggest McDonald's in Panay Island can be seen.

The long-stretching Megaworld Boulevard where 30% of the old Iloilo Airport runway was retained, Iloilo Convention Center and Richmonde Hotel can be seen on the left while One Techno Place is being constructed in the right.

The Street of Festive Walk (current construction photo update) excites many Ilonggos to enjoy this vast shop-and-dine strip in the near future.

BPO Building One Global Center is the current office and operation site of call center company Transcom Asia.

Iloilo Business Park's Showroom will be the biggest in the region soon to be completed next month.

A glance of Megaworld Boulevard over-viewing McDonald's, Festive Walk Mall and Richmonde Hotel Iloilo.

The Courtyard by Marriot, another high-end international hotel set to open in IBP next year.

Going back to the “site-seeing” passion, these days, Iloilo Business Park is swiftly taking shape as a prominent business center and future commercial destination for locals, visitors and investors. The infrastructure projects being done in the township creates an exciting “sneak peek” of the great things and happenings to come.  The first two BPO Buildings – One Global Center and Two Global Center where BPO companies Transcom Asia and StarTek currently holds their Iloilo office and operation sites, respectively. Two more BPO Buildings are under construction such as One Techno Place and Two Techno Place. The IT-BPO sector would greatly benefit with Iloilo Business Park by providing an estimated 30,000 local employment opportunities for Ilonggos in the next 10 years. Richmonde Hotel Iloilo, a first-class luxury hotel opened a few months ago offering gracious accommodation and exciting destination for visitors with their classy bistros such as The Granary and Bizbar. On the other side of the hotel is Richmonde Tower where BPO company Reed Elsevier, Iloilo Business Park Marketing and Operation Divisions hold their offices on the third and fourth floors, respectively. Courtyard by Marriot, another international hotel is set to open in 2016 at Iloilo Business Park will be sharing its world-class accommodation and amenities to locals and tourists visiting the township. The Iloilo Convention Center is located right across Richmonde Tower. Considered as an iconic landmark and boasts with world-class convention facilities, the 3,700-seater Iloilo Convention Center inspired by the Paraw Regatta sail fins and having a Dinagyang Festival warriors’ emblem, is the recent venue of APEC ministerial meetings this year. Iloilo Convention Center will prove to become Iloilo’s exciting venue for international and prominent events as well as conventions in the future. In fact, it is fully booked with events until next year. The next shopping center in the city is Festive Walk Mall, inspired by Megaworld’s classy lifestyle malls in Manila set to open in 2016. This shopping haven will have a prestigious line-up of international clothing brands, boutiques, retail stores, 8 world-class cinemas, events center and bistros. Right across the mall is the Mall Annex and the Street of Festive Walk, considered as the longest shopping-and-dining strip in the country. This is the one-stop destination for well-known bistros, restaurants and the biggest names in the culinary scene schedule for completion next year. The Street of Festive Walk will emphasize Iloilo as a “mecca of gastronomy and food lovers” where lifestyle, leisure and entertainment converges in one place of interest.

Moving further at the tip of the Megaworld Boulevard, the main highway of the township with bike lanes on its side, is leading onlookers at the Boutique Hotel and Commercial District, the future Central Business District (CBD) of Western Visayas. With 10 blocks and 9.2 hectare area intended for business and commercial spaces, almost 80% of lots are already sold to financial institutions and private entrepreneurs this year, giving a strong indication of investment influx in the township. Metrobank and Unionbank are two prominent bank companies have already secured their space in Iloilo Business Park.

A strong partnership with the local government of Iloilo City and Province, agencies and business circle whose goal is to highlight the undeniable potential of Ilonggos in making global relation and passion for business, creates a strong fusion of both economic, tourism and cultural promotion for Iloilo Business Park as a magnet of developments, changes that would lasts a lifetime for many people.

Though a quick glance and site-seeing trip at Iloilo Business Park would give onlookers, locals, visitors and potential investors a preview of the great things to come in this bustling business township, more than the infrastructure aspect, this mixed-use commercial district is raising the standard of living in Iloilo City by opening a doorway of opportunities and sketching a bright future for Ilonggos.

Make things happen and let your dream fall into place at Iloilo Business Park now. For more information, call us at (033) 330-3465, check us online at www.iloilobusinesspark.ph or visit our IBP Showroom at the ground level of Richmonde Tower, Iloilo Business Park, Mandurriao, Iloilo City.