Skip to main content

Lafayette Park Square brings French-Spanish ambiance to Megaworld's Iloilo Business Park

“We are very excited to introduce a new concept for Iloilo. Because of the overwhelming reception of the Ilonggo market to Megaworld’s first residential condominium cluster, we want to offer something new, elegant and sophisticated. We believe the European feel will be a perfect fit for the upscale Iloilo market,” says Jennifer Palmares-Fong, head of marketing for residential business, Iloilo Business Park. 
In a press conference held at Days Hotel Iloilo, the country’s top condominium developer and no. 1 business process outsourcing (BPO) office landlord is launched its second condominium project in Iloilo- Lafayette Park Square – right adjacent to the first residential condominium cluster, the three-tower One Madison Place, which was sold out in less than eight months since it was launched in March 2013.
Last year’s strong sales of residential condominium units in Iloilo Business Park is driving Megaworld to boost its projects in the 72-hectare township development in the site of the Old Iloilo Airport in Mandurriao, Iloilo City. 

Featuring French and Spanish architectural designs, Lafayette Park Square is Megaworld’s first themed residential condominium in Iloilo Business Park. It will be reminiscent of the majestic chateaus that dot the border shared by France and Spain, evoking a lifestyle of charm and elegance.
Lafayette Park Square is a 14-storey single tower with 289 residential units that range from studio to three bedroom layouts, the biggest of which is expansive with more than 100 square meters of floor area. The tower’s ground level will feature an arcade of commercial and retail shops.

The company is bringing its European inspirations for the first time in Iloilo, the same concept of its several projects in Eastwood City, McKinley Hill and Newport City.
Lafayette Park Square will feature a third floor amenity deck with its exclusive swimming pool and kiddie pool and pool lounge, a Jacuzzi, a state-of-the-art fitness gym, a spacious social hall, a daycare center and children’s play area, a reading nook and garden and a covered sitting area. 
The company is projecting sales of around P1.4-billion for this project this year. The project is set to be completed in 2018.
“We are definitely bullish about Iloilo.  Aside from the local market, we have seen an increasing demand for residential condominiums in Iloilo from the international market. Around 20% of our residential unit sales last year was driven by our international sales,” Fong reveals.

Last year, Megaworld announced the expansion of Iloilo Business Park from 54 hectares to 72 hectares, making it one of the biggest mixed-use developments of the company in the country. 

This year, the company is set to complete the construction of its first three BPO buildings covering around 25,000 square meters of leasable spaces. 
Richmonde Hotel Iloilo, the first hotel to be completed in the township, is scheduled to be operational by early next year. Another business hotel, Courtyard by Marriott, and the much-anticipated Iloilo Convention Center, are now under construction in the heart of Iloilo Business Park. The proposed Megaworld Central Mall likewise has already started its construction and is scheduled for completion next year. 

Iloilo Business Park will also be home to a 1.1 kilometer Festive Walk commercial strip, a boutique hotel and commercial district, open parks and leisure hubs.

Popular posts from this blog

Connie Carillo Diversified Farm in Bingawan: Helping Sustaining a Healthy Community Through Farm Schools

The area around the town of Bingawan, the edge of the central portion of the province is where it ends and the town of Tapaz, Capiz province begins and is very much another unsung corner of Iloilo with warm, friendly, welcoming people. Bingawan has some rich farming land and farming is at the heart of its village life. The landscapes are gorgeous here; with gentle pastures, to the high mountains. The area offers some beautiful hikes and bike trails across its lovely rolling meadows, woodland and a few working farms. The town would be less touristic than its neighboring towns but is well worth exploring. If you are concerned about how organic can contribute to benefit our shared environment, promote fair relationships and a good quality of life for all involved, then a trip to Connie Carillo Diversified Farm is for you. With the governments’ efforts to improve the knowledge and technical skills of the farmers, the Connie Carillo Diversified Fa...
Read more

Cebu Pacific Improves Travel Fund, Voucher Policies

Cebu Pacific (PSE: CEB), the Philippines’ leading airline, makes significant improvements in its customer policies by offering non-expiring travel fund and extending the validity of travel voucher to provide passengers with better travel experience. Effective August 1, 2023, CEB rolled out the following changes: 1.         NO EXPIRATION OF TRAVEL FUNDS . Previously, travel funds were valid for six (6) months from the date of conversion. However, under the new policy, travel funds will no longer have an expiration date. Passengers can now use their travel funds as a virtual wallet to pay for new bookings or add-ons in the future without any time constraints.  In addition, those with a MyCebuPacific account can use their non-expiring travel funds not only                   for themselves but also for booking flights on behalf of their family members or friends, addi...
Read more

Building a Healthier Future Together: LG PH Donates to West Visayas State University Medical Center

 LG Philippines affirms its commitment to build a better community with its recent CSR initiative in Iloilo. The activity was spearheaded by LG, together with Mark Vincent Fabresis from ML Laundry Equipment and Supply and BigWash. 2 sets of Giant C Max and 2 sets of Titan C Max washers and dryers were donated to West Visayas State University Medical Center (WVSU-MC) in Region VI, modernizing their laundry facilities. The turnover event, held on July 20, 2023, was attended by representatives from WVSU-MC, LG, and BigWash, highlighting the collective effort to enhance healthcare services in the region. L-R: Mr. Paul Rizzel Ledesma - Master of Ceremonies, Mr. Julio H. Lacao Jr.- Head of Linen Section, West Visayas State University Medical Center, Dr. Dave Endel R. Gelito III - Medical Chief II, West Visayas State University Medical Center, Dr. Celina C. Gelada - Vice President for Medical and Allied Services, West Visayas State University Medical Center, Mr. Philip Lee - Big Wash Dire...
Read more