HomeIloiloIloilo CityMandurriaoIloilo Business ParkIloilo Business Park by Megaworld Corporation 295 shares By ExploreIloilo.com. Updated on August 17, 2015.Iloilo Business Park (IBP) is a 72-hectare mixed use development project in Mandurriao district, Iloilo City, Philippines. It is developed by Megaworld Corporation and is the company’s first investment made outside Metro Manila.A majority of the Iloilo Business Park site occupies the Old Iloilo (Mandurriao) Airport complex, which was acquired for P1.2B. Megaworld intends to put up first-class hotels, residential condominiums, commercial retail areas, a modern lifestyle mall, BPO office buildings, skills training center, recreational facilities, and a convention center.The corporation hired the services of Palafox and Associates to design their master plan of the Iloilo Business Park, which was envisioned to adopt the “live-work-play-learn” development concept pioneered by Megaworld.Residential projects[pueblo_query name=”one-madison-place” post_type=”guide”]View photos, unit layouts, and prices of One Madison Place Luxury Residences.Iloilo Boutique Hotel and Commercial DistrictThe Iloilo Boutique Hotel and Commercial District is the newest phase of the Iloilo Business Park. Prime lots in this district are available to those exclusively invited to become an integral part of the business park’s development.View more information, unit layouts, and prices at Iloilo Boutique Hotel and Commercial District.Hotels and Convention CentersRichmonde Hotel IloiloRichmonde Hotel Iloilo will occupy the ground floor and 7th to 12th floors of the Iloilo Richmonde Tower. It will host 90 guest rooms and cater to businessmen and tourists. It will have play amenities such as a lap pool, children’s pool and fitness center, while the business center will include meeting rooms and a conference room.Marriott Courtyard HotelMarriott Courtyard Hotel will also be put up by international hotel brand Marriot.Iloilo Convention CenterIloilo Convention Center is a state-of-the-art convention center that will be built on a 1.7-hectare lot donated by the Megaworld. It will be a two-storey structure with a total floor area of 6,400 square meters. The main hall on the ground floor will have a 3,700-seat capacity and 500-seat function rooms on the second floor.The convention center design by architect William Coscoluella was inspired from Iloilo’s Dinagyang and Paraw festivals.The total cost of the project is P450-million, funded by the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) and the Priority Development Assistance Fund (PDAF) of Sen. Franklin Drilon. It is expected to be completed in 2014.Office buildingsInitially, 2 five storey buildings will be constructed for Business Processing Outsourcing (BPO) and commercial purposes. Iloilo Richmonde Tower will have the second to sixth floors of around 9,000 square meters for prime office use.Malls and Liesure CentersMegaworld Center MallThe Megaworld Center Mall will be the first stand alone lifestyle mall by Megaworld outside of Metro Manila and first upscale mall in Iloilo. It will have 4 levels that would house shops, restaurants, state-of the art facilities including event centers and 8 cinemas.Festive WalkThe Festive Walk, an outdoor mall strip 2 kilometers in total length, which will be the longest shopping and dining strip in the Philippines.Other FeaturesMegaworld BoulevardA six-lane highway will serve as the main artery running through the entire length of the property.Don’t leave yet. There’s more!Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment *Name * Email * Website ΔThis site uses Akismet to reduce spam. Learn how your comment data is processed.