Iloilo Business Park is a 72-hectare (180-acre)[1] mixed-use master-planned community

development in Mandurriao, Iloilo City, Philippines by Megaworld Corporation. It is located on the

site of Iloilo's former airport, Mandurriao Airport, which the conglomerate acquired for 1.2 Billion
Pesos from the Philippine national government.[2] Megaworld is projected to pour in 25 Billion for
the entire development in a span of years.[3] It is an integrated township project that will feature a
commercial district, a lifestyle mall, office buildings catering to business process outsourcing firms,
boutique and deluxe hotels, and a convention center. [4]
Tower, Festive Walk, Two Business Process Outsourcing office buildings. The IT complex has been
Initial development includes construction of a road network, the 12-storey Richmonde Hotel Iloilo
and Richmonde certified as an information technology park by the Philippine Economic Zone
Authority(PEZA), granting locators perks such as tax holidays and duty-free importation of
equipment among others.[5]
Megaworld is setting aside a 9.7-hectare lot for the boutique hotel and commercial district which is
being offered to interested business owners.[6]
Iloilo Business Park increased by an additional 18 hectares, bringing the project to roughly 72
hectares from its initial 54.5 hectare-size. This is due to the increasing demand for residential and
commercial properties and good reception to Megaworld's first development in the region [1] and
biggest township in the Visayas, modeled after the live-work-play approach that it claims to have
pioneered in the Philippines.[7]

Residential[edit]
One Madison Place Luxury Residences is Megaworld's 1,700-square meter residential development
within Iloilo Business Park. It consists of three 10-story mid-rise towers along Megaworld Boulevard.
[8]

Lafayette Park Square is Megaworld's second condominium project within the business park. The
14-story single tower features French and Spanish architectural designs. [9]
The Palladium, introduced on October 2014, is cited to be the tallest modern luxury residential
condominium in Western Visayas. Standing 80 meters high at 22 stories, The Palladium will also be
the region's first residential tower with its own skygardens in various floors overlooking Iloilo. At the
topmost floor of the tower, there will be exclusive loft units ranging from 76 square meters to 115
square meters.[10]
The fourth and fifth residential projects in the township launched in 2017, Saint Honore and Saint
Dominique, are inspired by Parisian lifestyle. It will have ten levels with 168 and 152 units
respectively. Both towers will share a common podium and amenity areas.[11][12]

Office buildings[edit]
Three Megaworld office towers were initially developed to cater mainly to business process
outsourcing companies. They combine a total of 25,000 square meters of leasable space and could
accommodate a total of 10,000 employees. These are One Global Center, Two Global Center and
the Richmonde Tower which also houses the Richmonde Hotel Iloilo. Construction of two more office
buildings, namely One Techno Place and Two Techno Place, commenced last 2015 and are set to
occupy a total of 19,000 square meters of leasable space housing an additional 8,000 employees. [13]
[14]

Hotels[edit]
Megaworld's Richmonde Hotel Iloilo[15] 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.
[16]
Courtyard by Marriott Iloilo will also be put up by Marriott International. The 15-storey hotel will
house 314 rooms and suites.[17]

Commercial[edit]
The Festive Walk Mall will be the first stand alone lifestyle mall by Megaworld outside of Metro
Manila and the first upscale mall in Iloilo. It will have two buildings (Main with 3 levels + Annex with 3
levels) housing shops, restaurants, state-of the art facilities including cinemas (six digital + 1 VIP)
and event centers. It will also feature a Metro Department Store and Supermarket. The mall is
scheduled to open in 2017.[18][19]
There is also the Festive Walk Parade, a 1.1-kilometer outdoor commercial and retail strip, which
will be the longest shopping and dining strip in the Philippines. The first phase had a soft opening
last December 20, 2016 with a grand opening happening on January 2017. Succeeding phases will
be completed on 2018. [20][21]

Iloilo Convention Center[edit]

The Iloilo Convention Center, a state-of-the-art convention center will be built on a 1.7-hectare of
lot in the district of Mandurriao donated by the Megaworld Corp.[22] It will be funded by the Tourism
Infrastructure and Enterprise Zone Authority (TIEZA) and the Priority Development Assistance Fund
(PDAF) of Sen. Franklin Drilon.