View of Cebu Business Park
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Location | Hipodromo, Cebu City, Cebu, Philippines |
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Coordinates | 10°18′57″N 123°54′41″E / 10.31583°N 123.91139°ECoordinates: 10°18′57″N 123°54′41″E / 10.31583°N 123.91139°E |
Opening Date | 1989 |
Developer | Cebu Holdings, Inc. |
Operator | Cebu Holdings, Inc. |
Owner | Ayala Land |
Website | Official website |
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.
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.
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.