Ayala Land president Tony Aquino, also Cebu Holdings chairman, said a "live-work-play" positioning is the game-changing key to the primacy of Cebu IT Park and Cebu Business Park rolled into one mixed-used hub.
"Given that both commercial squares are geographically aligned and strategically located at the heart of the city, addressing them as a single destination will solidify and strengthen their potential as business centers," he said. "Mirroring the synergy of both parks will practically provide a larger environment for BPOs and even for other businesses that will spur growth in the region."
With an expected 20 percent increase in the 50,000 workforce, the business parks, among the most sought-after addresses in the region, are being amalgamated to be addressed as the Cebu Park District with ALI and Cebu Holdings at the forefront of a ₱10-billion development project.
With the rising number of commercial conglomerates, Cebu Park District is further bolstering its urban convenience, thus, more CBD developments and amenities must be endowed, according to Aquino.
"There is already an existing lifestyle destination in the area—Ayala Center Cebu," he said. "This defining lifestyle centerpiece is set to expand in the coming years, not only in terms of shopping, dining and entertainment, but even with residential towers and hotel that will be integrated in its overall masterplan."
Aquino living space makes the Cebu Park District worth calling it home for good.
"Only Ayala Land Premier managed to integrate its residential tower, 1016 Residences, in City Sports Club Cebu while Alveo Land's Solinea complements Cebu's resort vibe by having stylish living spaces and well-appointed amenities," he said. "Avida, on the other hand, furthers the living options through a multi-tower residential complex that are in close proximity to the business and lifestyle centers in the district."
Cebu Park District is also bringing open and lush breathing spaces to provide places to relax and to highlight the development's family-friendly impressions amid the usually busy setting of a cityscape.
