"MC Iloilo Business Park Expansion Western Visayas - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Megaworld Corporation (MC) is undertaking the expansion of Business Park in Western Visayas, the Philippines.
The project involves the expansion of an existing business park with the addition of mixed-use facilities. The new facilities will be built on 18ha area, which MC acquired to expand the business park from 54ha to 72ha.
The development in the existing business park includes the construction of Iloilo Convention Center, Megaworld Center Mall, a Mall Annex, Richmonde Tower, One Global Center, Two Global Center, Richmonde Hotel Iloilo, Marriott Courtyard, 2km Festive Walk shopping district, a clubhouse and Lafayette Park Square.
Marriott Courtyard involves the construction of 15-story Hotel with 326 rooms.
Lafayette Park Square consists of a 14-story single residential condominium tower with 289 residential units, commercial and retail shops on the ground floor and the installation of elevators.
Richmonde Hotel Iloilo will occupy the ground floor and 7th to 12th floors of the Iloilo Richmonde Tower. It will host 90 guest rooms and cater to businessmen and tourists. It features amenities such as a lap pool, childrens pool and fitness center, while the business center will include meeting rooms and a conference room.
Iloilo Convention Center is a state-of-the-art convention center that will be built on a 1.7ha area. It will be a two-story structure with a total floor area of 6,400m2. The main hall on the ground floor will have a 3,700-seating capacity and 500-seat function rooms on the second floor.
W.V Coscolluela & Associates has been appointed as architect. Gettys is the Design contractor for the Richmonde Tower and Hilmarcs Construction Corporation is the Construction contractor for Iloilo Convention Center.
The Mega Center Mall will have four levels that will comprise of shops, restaurants, state-of-the art facilities including event centers, eight cinemas halls, a leasable area of 27,801m2 and a department Store of 36,000m2.
Mall Annex is three Story Mall with a leasable area of 6,297m2.
In June 2014, MC announced plans to begin the construction of two office towers, One Techno Place and Two Techno Place.
In August 2014, construction works on two office towers commenced and are scheduled for completion in the first half of 2016. The towers will add a total of 19,000m2 of leasable space in the business park.
In September 2015, construction for the Iloilo Convention Center and Richmonde Hotel Iloilo completed.
Monocrete Construction Philippines, Inc. has been appointed as the construction contractor and RVP as architect for Festive Walk Mall.
Construction works over One Techno Place, Two Techno Place are completed and operational.
Construction works on Megaworld Center Mall and final stage works on Festive Walk Mall and Marriott Courtyard Hotel are underway.
Festive Walk Mall and Marriott Courtyard Hotel are expected to open in the fourth quarter of 2017.
The project involves the expansion of an existing business park at Mandurriao, Iloilo City, Western Visayas, the Philippines.
The US$801 million project includes the following:
1. Construction of Iloilo Convention Center
2. Construction of Megaworld Center Mall
3. Construction of Richmonde Tower
4. Construction of One Global Center
5. Construction of Two Global Centers
6. Construction of 15-story, 326 room Marriott Courtyard
7. Construction of 2km Festive Walk shopping district
8. Construction of Lafayette Park Square
9. Construction of One Techno Place office tower
10. Construction of Two Techno Place office tower
11. Construction of a Mall Annex
12. Installation of elevators
13. Installation of safety and security systems
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Publisher Name : Timetric