Western Visayas will soon see the rise of a boom town, as Megaworld constructs a boutique hotel and commercial district, a lifestyle mall, BPO office buildings, deluxe hotels, and a convention center in the Iloilo Business Park located in Mandurriao, Iloilo City.
“As we extend our ‘live-work-play’ formula to Iloilo, we’re expecting a breakthrough in Western Visayas in terms of business and tourism, which will be brought forth by the world-class developments that Megaworld has always been known for,” said Jericho Go, Megaworld’s First Vice President for Business Leasing and Development.
Aligning the expansive Megaworld Boulevard, this 54-hectare mixed-use development will house the Megaworld Center Mall, Festive Walk, Richmonde Hotel and the Iloilo Convention Center.
The Megaworld Center Mall will be Iloilo’s first upscale future shopping mall. The Festive Walk is a wide strolling area lined with shops of various signature brands.
A 9.7-hectare subdivision lot, on the other hand, is for the boutique hotel and commercial district, which will be one of the highlights in the Iloilo Business Park.
“We’ve been talking to many interested business owners who want to operate within this exciting new district of the township. This is going to be exclusive only to the privileged few,” said Go.
Another edifice to watch out for is the Iloilo Convention Center, a joint venture between Megaworld and the provincial government. Built on a 1.7-hectare lot, it will be funded collectively by Senator Franklin M. Drilon’s annual priority development assistance fund, the Department of Tourism and Tourism Infrastructure and the Enterprise Zone Authority. The convention center, touted as Iloilo’s largest, is designed for big conferences, exhibitions, and trade fairs.
Like Megaworld’s other townships, the business park will be based on the company’s pioneering ‘live-work-play’ concept. This winning formula has propelled its Manila projects – Eastwood City, Forbestown Center, McKinley Hill, and Newport City – to success.