Vibrant spaces abound in Iloilo City’s central business district
Jumpstarting your business’ success amidst an ongoing pandemic takes grit and several external components to perfectly come together—a talented workforce, proactive local government unit, and a dynamic, master-planned community.
Enjoying the distinction as the city with the most business-friendly LGU in the country outside Metro Manila, Iloilo City stands out as a viable investment and people-friendly destination in Western Visayas. A city described as a “high-achieving, progressive urban center,” Iloilo City has been attracting a lot of attention from local and international business while also being a haven for ecology and cultural identity.
However, it takes more than a proactive local government for any business to prosper. Equally important is the abundance of able and high-quality workers, a continuously improving infrastructure, and a location that puts you in the center of sustained economic activity.
Within Iloilo City in Mandurriao is the bustling central business district Iloilo Business Park (IBP), a 72-hectare township master-planned by the biggest developer of office spaces in Iloilo, property giant Megaworld. At present, the company’s office business arm, Megaworld Premier Offices (MPO), has approximately 100,000 square meters of gross leasable area in IBP to date, with 98% of its existing spaces currently occupied by local and international firms.
An abundance of prime office spaces in IBP
This comes as no surprise as the township concept proves very advantageous to most businesses that flock to Iloilo, helping ensure convenience, sustainability, and ease of movement necessary to retain both clients and employees.
The 19-storey International Corporate Plaza houses 301 prime office spaces with generous amenities, including co-working spaces and breakout areas, especially tailored for the new normal of doing business.
With 301 prime office units for sale, the 19-story International Corporate Plaza can be the next home of your business within the city’s bustling central business district that is Iloilo Business Park.
“So far, the International Corporate Plaza will be the most modern and state-of-the-art office tower in Western Visayas. Here, companies including entrepreneurs can own their office spaces and enjoy its generous facilities never been seen before in any office building in the region,” says Jennifer Palmares-Fong, vice president for sales and marketing, Iloilo Business Park.
With office spaces ranging from 26-65 square meters, the International Corporate Plaza is set to rise within the 9-hectare Commercial and Boutique Hotel District inside the township.
The International Corporate Plaza is one of more than 70 office buildings under MPO’s portfolio. Today, MPO is handling over 1.3 million square meters of office spaces spread across more than 10 cities all over the Philippines.
With an ambience excellent for expanding businesses and keeping entrepreneurs, clients, and employees excited, finding a location at Iloilo Business Park is definitely a step in the right direction.
Aside from ICP, Iloilo Business Park also plays host to several other office buildings in the city, including the Richmonde Tower, One Global Center, and Two Global Center, One Techno Place, Two Techno Place, and Three Techno Place, and One Fintech Place, and Two Fintech Place.
Excitement beyond business
A dynamic business landscape is only a fraction of what Iloilo Business Park offers as the township carries Megaworld's signature live-work-play lifestyle concept within its very DNA. Currently, the township plays host to residential condominiums Saint Dominique, One Madison Place, Lafayette Park Square, The Palladium, and Saint Honore.
The township also features world-class hotels Courtyard by Marriott Iloilo, Richmonde Hotel Iloilo, and soon Belmont Hotel Iloilo. Meetings, incentives, conferencing, and exhibition (MICE) events set in Iloilo have also found a home at the 1.7-hectare Iloilo Convention Center (ICC), which is dubbed as the biggest convention center in Western Visayas.
There’s also the three-level Festive Walk Mall and the 1.1-kilometer Festive Walk Parade, iconic components of the township that bring another dimension to the shopping and leisure lifestyle landscape in Western Visayas. Another centerpiece in the township is the Iloilo Museum of Contemporary Art (ILOMOCA), which showcases masterpieces from acclaimed local and international artists. ILOMOCA is housed inside the iconic Casa de Emperador building, which is also adorned by the bronze statue of local hero, Gen. Martin Delgado.
Eric Mendoza | Malaya Business Insight