TOWNSHIPs and Real Estate Development

The boom of townships and real estate developments in Iloilo express much about investor confidence in the local business climate. Big commercial companies and developers have strategically planted themselves in the largest district in Iloilo City and designed their townships as business hubs and residential areas complete with service establishments.

Real estate drives economic growth as it attracts office-based companies such as IT and BPO companies. Moreover, a number of retail chains and service-oriented businesses locate in these commercial spaces diversifying the local mix of enterprises in Iloilo.

Township developments

Townships are mixed-used properties comprising of a business center, residential condominiums, leisure areas and malls. Three of the biggest commercial developers in the Philippines saw the potential in Iloilo to become the live, work, play capital in Western Visayas.

Iloilo Business Park

  • A 72-hectare mixed-use development site envisioned as a central business district in Iloilo by its developer, Megaworld Corporation.
  • It currently has four BPO building, the Richmonde Hotel, the Festive Walk Parade, and an international fast food chain.
  • A lifestyle mall and clusters of high-end residential condominiums are also currently being constructed.

Ayal Atria Park and Technohub

  • A 21-hectare mixed-use property that is home to SEDA Hotel, Qualimed Hospital, The Shops at Atria, and Metro Supermarket.
  • Avida Towers Atria, a high-end residential condominium complex provides complementary market to the commercial establishments.

Gaisano City Center

  • A 16-hectare mixed-use property is open to residential and commercial establishments.
  • Ongoing construction is the City Times Square, an entertainment complex.
  • It will also feature a man-made lake with promenade

The Iloilo Business Park

Ayala Technohub at Atria Iloilo

Vision for the Iloilo City Center by Gaisano

Real Estate

Real Estate development has significantly changed in Iloilo in the last decade. New and existing investors have located commercial spaces in upscale business address in Iloilo and provided modern facilities to support locators’ need for advanced business operations.

Plazuela de Iloilo

  • Plazuela Dos is an 8,891-square-meter expansion project linked to Plazuela de Iloilo I via an interconnecting footbridge.
  • The development will host commercial and retail areas to include a supermarket and al fresco dining area for customers looking an alternative dining experience.

SM Development

An 18-story information technology building of SM City BPO Twin Tower costing P1.7 billion along the Iloilo diversion road will house call center companies, commercial offices, and parking spaces.

Plazuela de Iloilo

First tower of SM Strata in Iloilo City