Let’s talk about investment opportunities, and Iloilo City is never far behind with its steadfast developments and infrastructure projects that swiftly open significant opportunities for Ilonggos and welcome visitors looking forward to invest here locally. Though investment opportunities are rising up and continue to expand in Iloilo City, it is important to choose among the biggest and most defining of all.
Iloilo Business Park, a 72-hectate business and lifestyle township developed by Megaworld, the country’s real estate giant in Mandurriao District holds the most reasonable advantages for investment among local and international investors. Here are the best reasons why IBP stands out among the rest...
Choose the Biggest
In terms of land area, Iloilo Business Park is the biggest mixed-used commercial complex and soon-to-be the region’s grandest business township in the old Iloilo airport located in Mandurriao, Iloilo City. Beyond its size as a real estate project that defines the new phase of Iloilo’s progress, Iloilo Business Park showcases the biggest among the rest of commercial, tourism and lifestyle destinations including the 3,700-seater Iloilo Covention Center, VisMin’s longest shop-and-dine strip Street of Festive Walk, largest IT Park in the region with 10 BPO buildings rising in the next 10 years, biggest lifestyle showroom – IBP Sales and Information Center, prestigious shopping center – Festive Walk Mall, the largest 9 hectare Boutique Hotel and Commercial District set to become the future Central Business District (CBD) in the region, and tallest residential tower – The Palladium with 22 floors. The township also takes pride of its biggest McDonald’s branch in Panay Island, tallest luxury hotel – Courtyard by Marriot with 22 floors and a lot more. Iloilo Business Park defines everything that makes Iloilo City as the next most livable metropolis in the country and center of infrastructure developments.
Invest in a township that leaves a mark as the biggest investment hub in Western Visaya and that’s Iloilo Business Park.
Grand Lifestyle
Often hailed as the region’s most luxurious business township, Iloilo Business Park is popular with its triad of luxury – the prestigious residential towers namely One Madison Place, Lafayette Park Square and The Palladium. The first to be completed in 2017 is One Madison Place, a 10-storey, three-tower cluster condominium that showcases modern and contemporary architectural design. One Madison Place is described as vibrant tower that offers dynamic lifestyle for residents who enjoy that passion for fast-paced lifestyle.
For Lafayette Park Square, the vision of Chateau-inspired architectural design creates lifestyle passion for this 16-storey residential tower. People who envision themselves living in this classically-design tower will enjoy luxurious amenities.
The Palladium is a residential tower for the ambitious and success-driven residents with 22-storey, the tallest building in the region. The Palladium is beautifully highlighted by a four multi-level sky gardens, a grand infinity pool, open air spa and outdoor fitness gym both located in the tower’s third level amenity. The Palladium offers the ultra-luxurious Loft Units in its Penthouse Level in the 22nd floor.
Iconic Attractions
Think about Iloilo Business Park as more than just a place to have business – it is also a destination where we can see cultural pride and leisure spots. Iloilo Convention Center (ICC) is more than just a modern venue of events and conventions that can cater up to 3,700 audiences but a symbol of Iloilo’s rich culture. ICC’s pointed exterior fins are designed based on the Paraw Regatta sailboats and its glass walls in the entrance are painted with Dinagyang warriors. People who came to visit the venue are mostly impressed on how local culture and festivals are embedded in the grandiose design of the convention center.
ICC is surrounded by two iconic hotels namely Richmonde Hotel Iloilo and the upcoming Courtyard by Marriot that provides international standard of hotel services.
Megaworld Boulevard retains 30% of the old Iloilo Airport runway, and in turn, it became the township’s main thoroughfare that connects to the prestigious destinations and edifices in the township. Megaworld Boulevard has its own Bike Lanes where people can enjoy a whole day healthy wellness activities like jogging, walking and biking.
Competitive Jobs
The largest and all-expanding BPO center and IT Park can be found in Iloilo Business Park. Here, the most modern BPO buildings namely One Global Center and Two Global Center houses multinational BPO Companies such as Transcom Asia and StarTek. Richmonde Tower is the location of BPO company Reed Elsevier operation site. This year, two more BPO buildings will open such as One Techno Place and Two Techno Place. In the next years, Megaworld envisions to build a total of 10 BPO buildings and predicted to open more than 30,000 jobs that would benefit Iloilo and other neighboring provinces.
Destinations like no other
Let’s talk about entertainment and leisure spots, and Iloilo Business Park has it all. Visayas and Mindanao’s longest 1.1 dinning and retail strip – Street of Festive Walk is a unique fusion of the best restaurants, bistros, retails shops and a lot more that will create a new destination for nightlife trend in Iloilo City. Its first phase is scheduled to open in the last quarter of 2016.
Another must-visit destination is Festive Walk Mall with its own Annex Mall just across the Street of Festival Walk. Schedule for grand opening before the end of the year, Festive Walk Mall is a high-end shopping mall where international brands and boutiques, an events center, food hall, world-class cinemas and retails shops will converge to recreate Iloilo’s shopping lifestyle.
Financial Center
Cementing the claim of Iloilo Business Park’s vision as the next epicentre of business and commerce is its very own Boutique Hotel and Commercial Center, a 9-hectare area comprised of 60 prime lots located in 10 blocks is expected to become Visayas’ largest Central Business District (CBD) in the future. 80% of the commercial lots are already sold out to bank institutions, financial companies and local entrepreneurs. Soon, regional headquarters of these prestigious bank and financial companies will rise in this site.
