Cebu IT Park

Last updated
Cebu IT Park
Project
Opening date2000
StatusComplete
DeveloperCebu Property Ventures and Development Corporation
OperatorCebu Holdings
OwnerCebu Holdings
Website cebuitpark.com
Physical features
Transport
Location
Coordinates: 10°19′49″N123°54′27″E / 10.3304°N 123.9074°E / 10.3304; 123.9074
LocationApas, Cebu City, Philippines
Area
 • Land27 ha (67 acres)

The Cebu IT Park (formerly known as Asiatown IT Park) is a 27-hectare (67-acre) business park in Cebu City, Philippines. The park is envisioned to attract locators [1] in the information technology industry. It is developed by Cebu Property Ventures and Development Corporation, a subsidiary of Cebu Holdings, Inc., in turn a wholly-owned subsidiary of Ayala Land.

Contents

History

The site of where the Cebu IT Park is on used to be the site of the old Lahug Airport, which opened in 1938 before suspending operations in 1966, when Cebu's airport was transferred to the island of Mactan. [2] One event of historical note occurred on February 19, 1981, when Pope John Paul held an open-air Papal Mass on the airport's runway. [3] [4]

The airport was finally closed in 1989, after it was acquired by Cebu Property Ventures, Inc., a subsidiary of Philippine property developer Ayala Land, just a couple of years after the same developer acquired the nearby Club Filipino golf course (which would later become the site of the Cebu Business Park). [2] It was approved by the Philippine Economic Zone Authority (PEZA) board as an economic zone on April 6, 2000. On February 27, 2001, Presidential Proclamation No. 12 made it an Information Technology Special Economic Zone.

Construction on eOffice One, the first office modules in Cebu IT Park, began in 2001 and opened in 2002. [5] It was later closed down and demolished.

Developments

General operations

Skyline of Cebu IT Park as 2024. Cebu IT Park skyline Monterrazas (Cebu City; 01-11-2024).jpg
Skyline of Cebu IT Park as 2024.

Tenants in IT Park include Cebu Bombardier, NEC, SPI Tech, 1&1 Internet Philippines, Inc., Aegis (now acquired by Teleperformance), Concentrix (formerly Convergys, which later acquired both eTelecare and Stream), Qualfon, Promotional USB, Accenture, NCR, IBM, Microsoft, Xlibris/Author Solutions, JP Morgan Chase, WorldRemit, Epson and 24-7 Intouch. [6] The main infrastructures found at the park are i1, i2, i3, The LINK, E-BLOC, E-BLOC 2, E-BLOC 3, E-BLOC 4, TGU Tower, Skyrise 4, Skyrise 3, Skyrise 2, Skyrise 1, CJRS Point, Mabuhay Tower, Calyx Centre, Globe Telecom IT Plaza, Teleperformance Tower, Avida Towers Cebu, Avida Towers Riala, Park Centrale, Asia Premier Residences, HM Tower, Filinvest Cyberzone Towers, and The Central Bloc.

In January 2010, IBM inaugurated its 2nd Global Delivery Center at TGU Tower. [7] [8] IBM established its initial presence in the Philippines in 1937. In 2007, IBM partnered with the Philippines Department of Science and Technology on the Philippine Intellectual Property Policy Strategy, Engineering Research & Development for Technology Program, and the National Technology Business Incubators Program. IBM Philippines Country General Manager James Velasquez said the company recognizes Cebu as the gateway both for its domestic clients in the Visayas and Mindanao, as well as overseas clients. [9]

Ayala Malls Central Bloc

Ayala Malls Central Bloc Ayala Malls Central Bloc, Cebu City (3).jpg
Ayala Malls Central Bloc

Opened on the site of eOffice One in 2019, Ayala Malls Central Bloc is the second Ayala Mall in Cebu and is the first major retail establishment within the property. Also located adjacent to the mall's complex is a Seda Hotel and two office buildings, with the whole Central Bloc complex serving as Ayala's mixed-use development centerpiece of the business park, similar to its larger neighbor Ayala Center Cebu, which is located in the center of the larger Cebu Business Park that is just nearby. [10] [11]

Garden Bloc

The Pyramid The Pyramid, Cebu IT Park, Jan 2024.jpg
The Pyramid

Garden Bloc is a 3 hectares (7.4 acres) open park development within IT Park. It is also home to several restaurants and bars, such as The Social, Sugbo Mercado, and The Pyramid, among others.

Residential

Asia Premier Residences is the first residential condominium in IT Park, opening in 2011. [12] Other residential condominiums within the development include 38 Park Avenue by Cebu Landmasters and several condominiums developed by Avida Land.

See also

Related Research Articles

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References

  1. ↑ "Nearby Buildings and Establishments - QQEnglish | English language School". qqeng.net. Archived from the original on 2024-01-12. Retrieved 2024-01-12.
  2. 1 2 Bersales, Jobers R. (May 8, 2014). "Remembering Lahug Airport". Cebu Daily News . Archived from the original on July 29, 2024. Retrieved February 2, 2021.
  3. ↑ Mayol, Ador Vincent S. (April 26, 2014). "John Paul Was Here: Exhibit recalls historic 1981 Cebu papal visit". Cebu Daily News . Archived from the original on October 12, 2023. Retrieved February 2, 2021.
  4. ↑ Oaminal, Clarence Paul (August 28, 2019). "The Lahug, Cebu National Airport". The Freeman . Archived from the original on July 29, 2024. Retrieved February 2, 2021.
  5. ↑ http://www.cebuholdings.com/images/milestone.jpg%5B%5D
  6. ↑ Cebu, Everything. "Cebu City's Asiatown I.T. Park – Everything Cebu". www.everythingcebu.com. Archived from the original on 2019-12-07. Retrieved 2019-12-24.
  7. ↑ "IBM Cebu Branch - Philippines". Archived from the original on 2012-12-10. Retrieved 2012-07-26.
  8. ↑ M.D, Tyrone M. Reyes. "The ABCs of angina". philstar.com. Archived from the original on 2013-01-31. Retrieved Sep 11, 2020.
  9. ↑ "IBM opens second global delivery site in Cebu to boost local IT sector | the Manila Bulletin Newspaper Online". Manila Bulletin . Archived from the original on 2010-11-06. Retrieved 2012-07-26.
  10. ↑ Lorenciana, Carlo (December 5, 2019). "Ayala's Central Bloc eyes young shoppers". SunStar . Archived from the original on December 5, 2019. Retrieved February 2, 2021.
  11. ↑ Macasero, Ryan (November 30, 2019). "New Ayala mall to open at Cebu's IT Park". Rappler . Retrieved February 2, 2021.
  12. ↑ Semblante, Joey Cindy M. (December 31, 2010). "Asia Premier holds topping off ceremony". The Philippine Star . Archived from the original on September 3, 2022. Retrieved September 3, 2022.
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