Continuous dev’t puts Iloilo in the spotlight, making it PH’s new investment hotspot

Park Inn by Radisson Iloilo is the third Park Inn in SMHCC’s portfolio.

Progress and development are clearly evident in Iloilo City, one of the many reasons why many investors are attracted to invest here.

Aside from ongoing infrastructure developments, Iloilo has a lot of things to offer—including its rich natural resources, culture and heritage, human capital, peace and order situation, among others. Cited as the most business-friendly city, Iloilo offers a good climate for businesses and a livable city for its residents.

First mover

SM Investments Corp. is one of the first movers in Iloilo. It is in this city where the first and biggest mall in the whole Western Visayas can be found. SM City Iloilo in Mandurriao District, along with with its branch SM-Delgado, has helped a lot of businesses especially local entrepreneurs expand through the years, being their tenants and partners.

SM has invested in infrastructure and real estate development in Iloilo City, too.

Enjoying a prime location next to SM City Iloilo, Park Inn by Radisson Iloilo is the third Park Inn in SM Hotels and Conventions Corp. (SMHCC)’s portfolio and is the first hotel under its licensing agreement with Radisson Hotel Group (RHG).

Urban dwelling

SM City Iloilo in Mandurriao District

Meanwhile, SM Development Corp.’s (SMDC) Style Residences-Iloilo is also rising within the complex of SM City Iloilo—the city’s vibrant lifestyle and progressive business district.

It offers an impressive collection of shopping, dining and entertainment options, as well as easy accessibility to the local transport hubs, Iloilo International Airport and seaport.

SMDC has also redefined the urban-dwelling landscape of Jaro District with Glade Residences.

Like all of SMDC’s roster of vertical garden communities, Glade Residences upholds a high level of well-being for its residents with purposefully developed spaces for leisure, growth and wellness.

Gardens and greeneries abound within the development, allowing you to live in the midst of nature. With its walkable design, well-connected sidewalks and linear parks, bike paths, and open spaces, you are granted a safe haven to thrive.

Built with driven individuals and young families in mind, Glade Residences opens up new levels of productivity with its community hub conducive for your home-based work or business. It’s what makes Glade Residences perfect for Iloilo, home of promising small and medium enterprises and entrepreneurs.

Heritage preservation

SM Land Inc. also acquired the Molo Mansion. With SM’s commitment to cultural heritage preservation, the Mansion was renovated and restored to its former glory and is one of the city’s newest tourist destinations.

As a heritage museum, the Mansion was one of the meeting venues during 2015 APEC Meetings held in Iloilo City.

Meanwhile, as part of their corporate social responsibility, SM Prime Holdings and SMDC are developing a residential condominium for the residents of Iloilo City, particularly the city hall employees with at least five years of service as a regular employee.