
Other developments include 21-story Sedona Parc and three-towered Solinea, residential projects by Alveo Land, and a subsidiary of Ayala Land. Alongside the two developments is the more recent The Alcoves, another luxury condominium spanning two residential blocks and scaling up to 37 stories featuring one- to three-unit bedrooms. There is also Park Point Residences, a 38-story condominium building offering 255 one- and two-bedroom units to three-bedroom penthouse units. The development features landscaped gardens, a kiddie play area, lobby lounge, roof deck and a sports facility. There are also limited edition penthouse units with price ranging from ₱10 million to ₱45 million. 1016 Residences, a 27-story condominium building, offers 109 exclusive two to three-bedroom units. Across the mall is Avalon Condo Cebu, a 21-story premium condominium complex. Residential Ĭebu Business Park hosts residential areas such as Ayala Land developments mostly within the immediate vicinity of Ayala Center Cebu. The business park is also home to local and foreign banking and financial institutions such as HSBC, Citibank, Chinatrust Bank, BDO, Metrobank, UCPB, RCBC, Security Bank, PSBank, Chinabank, Exportbank and Asia United Bank. Among them are Innove Communications, Vivant Corporation, Johndorf Ventures Corporation, Taft Property, SGV & Co., Joaquin Cunanan & Co./PricewaterhouseCoopers, Regus, Jinisys Software, Taiheiyo Cement, SilkAir (Singapore) Pte. Businesses Īs one of Cebu City's premier business and commercial districts, Cebu Business Park houses several companies ranging from business process outsourcing to industries. The very first building to rise in the park was the Cebu Holdings Center, an office condominium nine stories high, followed by Ayala Center Cebu in 1994, and a Marriott Hotel in 1997 (now a Seda Hotel). Land development work on the business park was completed in 1992. The development features for the Cebu Business Park were incorporated into the 1990 zoning ordinance of Cebu City. The Cebu Business Park was launched in 1989 with 100 commercial lots for sale, with Ayala Corporation, through its subsidiary, Cebu Holdings, retaining spaces for their own development. In the late 1980s, the Cebu provincial government headed by Governor Lito Osmeña sold its 45-hectare property used as the Club Filipino golf course to the Ayala Corporation. 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. Cebu Holdings, an affiliate of Ayala Land, is currently responsible for the development of Cebu Business Park. Cebu Business Park (CBP) is a 50-hectare master-planned development in Cebu City, Cebu, Philippines.
