Design sketch of Megaworld’s Iloilo Business Park Project

Here’s a design sketch of Iloilo Business Park’s road layout and master plan:

Originally posted in Iloilo Business Park Breaks Ground; Initial Plans Revealed:

Iloilo Business Park Project Overview

  • 54.5 hectares total land area, the largest IT park yet of publicly-listed Megaworld Corporation
  • P18B investment by Megaworld over the next 10 years
  • P2.5 billion initial investment over the next two years to develop the road network
  • Expected to create 24,000 BPO seats, 200,000 square meters of commercial space, and around 35,000 jobs.
  • A six-lane highway will serve as the main artery running through the entire length of the property
  • Philippine Economic Zone Authority certified (IT) park in January 2010. BPO locators will be entitled to income tax holidays, duty-free importation of office equipment and repatriation of earnings, among others.

Richmonde Hotel Iloilo and Richmonde Tower

  • 12-storey building
  • Hotel component will host 90 guest rooms, which will cater to businessmen and tourists
  • Seventh level amenities deck features play amenities such as a lap pool, children’s pool and fitness center, while the business center on the same level will include meeting rooms and a conference room.
  • Richmonde Tower will occupy the second to sixth floors of the hotel, offering more than 9,000 square meters of prime office space for BPO locators.
  • Projected completion in the last quarter of 2012

Festive Walk

  • Two kilometers total length, which will be the longest shopping and dining strip in the Philippines
  • Initial 200 meter section of the Festival Walk will be opened alongside Richmonde Hotel Iloilo and Richmonde Tower

Le Grand Richmonde Hotel

  • High-end Hotel counterpart of Richmonde Hotel Iloilo with convention facilities
  • Construction to begin after the completion of Richmonde Hotel Iloilo

Two Addt’l BPO Towers

  • Five storey twin towers
  • Construction to begin after the completion of Richmonde Hotel Iloilo and Richmonde Tower


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About the Author

Marcos Caratao is the founder of Explore Iloilo. He loves to go on off-beat adventures to discover the beauty of his hometown, Iloilo, and beyond.

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