Rahul Sharma

Cebu Business Park

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Opening Date  1989 (1989)
Operator  Cebu Holdings, Inc.
Owner  Ayala Land
Developer  Cebu Holdings, Inc.
Website  Official website
Cebu Business Park Cebu Business Park Cebu39s business district oscarmachaconjr
Location  Hipodromo, Cebu City, Cebu, Philippines

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Cebu Business Park is a 50-hectare masterplanned development in Cebu City, Cebu, Philippines. Cebu Holdings, an affiliate of Ayala Land, is currently responsible for the development of Cebu Business Park. Prior to the development of the Iloilo Business Park, it is the single largest urban development project in the Philippines outside of Metro Manila. Integrating business, residential, sports, recreation and leisure facilities, the centerpiece of the business park is the 9-hectare Ayala Center Cebu shopping mall, which draws 60,000 shoppers daily.

Contents

Cebu Business Park Cebu Business Park Cebu City at night oscarmachaconjr Flickr

Ayala center cebu cebu business park


History

In the late 1980s, the Cebu provincial government sold its 45-hectare property used as the Club Filipino Golf Course to the Ayala Corporation. The development features for the Cebu Business Park were incorporated into the 1990 zoning ordinance of Cebu City. Land development work on the business park was completed in 1992.

Businesses

Cebu Business Park Cebu Business Park Wikipedia

As one of Cebu City's premier business and commercial district, Cebu Business Park houses several companies ranging from business process outsourcing to industries. Among them are Innove Communications, Vivant, Taft Property, SGV & Co., Joaquin Cunanan & Co./PricewaterhouseCoopers, Regus, Jinisys Software, Taiheiyo Cement, SilkAir (Singapore) Pte. Ltd. and Cathay Pacific. The business park is also home to local and foreign banking and financial institutions such as SBC, Citibank, Chinatrust Bank, BDO, Metrobank, UCPB, RCBC, Security Bank, PSBank, Chinabank, Exportbank and Asia United Bank.

Residential

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Cebu Business Park hosts residential areas such as Ayala Land developments mostly within the immediate vicinity of Ayala Center Cebu. Across the mall is Avalon Condo Cebu, a 21-story premium condominium complex. 1016 Residences, a 27-story condominium building, offers 109 exclusive two to three-bedroom units. There are also limited edition penthouse units with price ranging from ₱10 million to ₱45 million. The development features landscaped gardens, a kiddie play area, lobby lounge, roof deck and a sports facility. There is also Park Point Residences, a 38-story condominium building offering 255 one- and two-bedroom units to three-bedroom penthouse units. Alongside the two developments is the more recent The Alcoves, another luxury condominium spanning two residential blocks and scaling up to 37 stories featuring one- to three-unit bedrooms. Other developments include 21-story Sedona Parc and three-towered Solinea, residential projects by Alveo Land, and a subsidiary of Ayala Land.

Cebu Business Park wwwcebubusinessparkcomsitesdefaultfilesstyle
Cebu Business Park Cebu Business Park Cebu Holdings

References

Cebu Business Park Wikipedia


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