Iloilo Business Park | |
---|---|
Nickname(s): Megaworld IBP | |
Coordinates: 10°42′53″N 122°32′41″E / 10.71472°N 122.54472°E | |
Country | Philippines |
Region | Western Visayas |
Province | Iloilo |
City | Iloilo City |
District | Mandurriao |
Area | |
• Total | 0.92 km2 (0.36 sq mi) |
Time zone | UTC+8 (PST) |
Website | Official website |
Iloilo Business Park (IBP), also known just as Megaworld among the locals (after the developer's name), is a 92-hectare (230-acre)[1] mixed-use master-planned central business district in Mandurriao, Iloilo City, Philippines by Megaworld Corporation. It is an integrated township project featuring a financial district, a lifestyle mall, office buildings catering to business process outsourcing firms, boutique and deluxe hotels, a convention center, and medical services facilities.[2]
Iloilo Business Park was the site of Mandurriao Airport, the former main airport of Iloilo until 2007, when Megaworld Corporation acquired the property and developed it into a mixed-use development. Since then, the area has experienced significant growth and is now bounded by two other major developments in Mandurriao, namely SM Iloilo of SM Prime to its east and Atria Park District of Ayala Land to its southeast.