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| ILOILO Business Park | |
|---|---|
| Name | Iloilo Business Park |
| Caption | Aerial view of the development |
| Location | Iloilo City, Iloilo, Philippines |
| Developer | Megaworld Corporation |
| Area | 72 hectares |
| Established | 2009 |
ILOILO Business Park Iloilo Business Park is a master-planned mixed-use development in Iloilo City on the island of Panay in the Philippines. Conceived by Megaworld Corporation and related to projects by Alliance Global Group and executives such as Andrew L. Tan, the site integrates residential, commercial, retail, institutional, and leisure components to create an urban district. Its development draws on patterns seen in regional projects like Bonifacio Global City, Makati Central Business District, Cebu Business Park, and is linked to provincial strategies involving Western Visayas and Philippine economic zones.
The land that became the development was formerly occupied by the Jaro] Military] garrison and Old Iloilo Airport activities before acquisition by Megaworld Corporation and affiliates associated with Megaworld Hotels & Resorts and Megaworld Lifestyle Malls. Early phases began during the late 2000s amid investments paralleling the growth of Ayala Corporation projects in Metro Manila, expansions by SM Prime Holdings, and township initiatives by Federal Land and Robinsons Land Corporation. Key milestones included land reclamation and rezoning coordinated with the Iloilo City Government and provincial authorities including the Office of the President of the Philippines and agencies like the Department of Trade and Industry and Philippine Economic Zone Authority.
The complex is located in the La Paz District of Iloilo City adjacent to the Iloilo River and near transport nodes linking to Iloilo International Airport in Cabatuan and the Panay Railways corridor. The site plan arranges mixed uses around a central mall, open plazas, and the Iloilo River Esplanade—a riverside amenity similar to promenades in Intramuros and Roxas City. The master plan incorporates axes and blocks comparable to Greenbelt in Makati and Uptown Bonifacio in Taguig, with parcels for office towers, hotels, condominiums, a convention center, and civic spaces. Nearby landmarks include SM City Iloilo, Robinsons Place Iloilo, Calle Real, and historic districts such as Jaro Cathedral and Molo Church.
Master planning was guided by firms and consultants experienced in Asian urbanism and commercial development, drawing influence from projects like Shangri-La townships and Clark Global City. Phases were sequenced to deliver retail first, then office and residential towers, followed by hotels and institutional anchors. The plan integrates green corridors, stormwater management linked to the Iloilo River Flood Control Project, and connectivity elements associated with PNR proposals. Strategic partnerships involved local banks such as BDO Unibank and Land Bank of the Philippines, investor groups including Ayala Land competitors, and leasing relationships with conglomerates like SM Investments Corporation and Robinsons Retail Holdings.
Buildings within the district display contemporary high-rise and low-rise typologies by architectural firms influenced by trends from Skidmore, Owings & Merrill, Gensler, and regional designers who worked on Makati and Cebu projects. Notable structures include mixed-use towers that host the regional headquarters of companies and hotel properties similar to Sheraton Manila or Marco Polo Plaza Cebu. The design palette references local heritage seen in Casa Mariquit and the Jaro Belfry through façades, public art, and plaza treatments. Retail architecture reflects formats from Eastwood City, Ortigas Center, and Shangri-La Plaza, while residential blocks use condominium models employed by DMCI Homes and Megaworld’s own residential brands.
The district hosts a mix of Business process outsourcing companies, corporate offices, retail brands, and hospitality operators. Major tenants include regional offices of multinational firms, call center operators comparable to Concentrix and Teleperformance, and retail anchors similar to H&M, Uniqlo, and SM anchors. Hospitality operators mirror brands like Courtyard by Marriott, Dusit Thani, and boutique chains. Educational and healthcare tenants rival institutions such as University of San Agustin, Central Philippine University, Western Visayas Medical Center, and private clinics. Financial services firms like BPI, Metrobank, and Security Bank maintain branches and suites, supporting commerce alongside logistics firms that use the nearby Iloilo Port Complex and road links to Panay municipalities.
Connectivity is provided by roads linking to the Iloilo–Antique Road, the Mohon Road corridor, and access to Iloilo–Guimaras Bridge projects. Public transport includes jeepneys, UV Express services, point-to-point buses to Iloilo International Airport, and proposed rail links under discussions with Philippine National Railways and regional transit planners. Proximity to Iloilo Port facilitates sea connections to Guimaras and inter-island shipping services, while future mobility plans reference models from Metro Manila rail expansions and Cebu Bus Rapid Transit concepts.
Community facilities incorporate retail malls, a convention center, cinemas, fitness centers, parks, and riverfront esplanades modeled after public spaces in Bonifacio Global City and Ayala Triangle Gardens. Cultural programming is coordinated with institutions like Iloilo Museum of Contemporary Art, local festivals such as the Dinagyang Festival, and heritage sites including Museo Iloilo and Fort San Pedro-type attractions. Educational amenities include satellite campuses and training centers connected to universities like Iloilo Science and Technology University and University of the Philippines Visayas. Health and wellness services align with hospitals and clinics from regional providers.
The development has influenced urban expansion, employment in sectors akin to Business process outsourcing growth across the Philippines, and comparative investment patterns seen in Cebu IT Park and Clark Freeport Zone. Future plans discuss additional phases of residential towers, further retail expansion, transit-oriented projects referenced against Build! Build! Build! initiatives, and resilience measures tied to the Iloilo River Flood Control Project. Stakeholders include municipal planners, national agencies such as the National Economic and Development Authority, private investors, and civic organizations focused on heritage conservation and sustainable urbanism.
Category:Buildings and structures in Iloilo City Category:Planned communities in the Philippines