Ayala Land expands footprint in Iloilo City with new technohub
CEBU CITY – Property developer Ayala Land Inc. (ALI) broke ground for Atria Technohub in Atria Gardens, the latest phase of its 21-hectare Atria Park District development, in Iloilo city on March 30.
Atria Technohub is a cluster of office buildings that will cater mainly to the growing business process outsourcing (BPO) market in the city.
ALI president and chief executive officer Bernard Vincent Dy and local government representatives led the launch of the initial two new office buildings with a total of 25,500 square meters of gross leasable floor area.
Atria Technohub, according to Dy, is envisioned to become a “BPO campus and the business address of choice of top BPO investors in the region.
“The strategic cluster of office buildings, supported by sprawling retail and civic spaces, will not only cater to the rising demand for office spaces but will also significantly contribute to the vibrant local economy,” Dy said in a statement.
Atria Gardens will be a commercial and lifestyle hub with the offices as anchors.
With the addition of these buildings in ALI’s portfolio, the country’s largest property developer continues to expand its footprint within and outside Metro Manila, especially in high potential provincial sites like Iloilo City.
Atria Technohub will continue to uphold the Ayala brand of architecture and building systems while keeping sustainability in mind, particularly in how the natural landscape is incorporated in the design.
Dy said there would be open spaces and walkways that would make pedestrian mobility within the property as seamless and convenient as possible.
Aside from the new office towers, Atria Gardens will also have shopping and dining components in a park setting. It will have a high street experience celebrating the best in local and global retail concepts.
“The quality of education also remains high, with institutions in the region producing quality graduates to support the expansion of offices all over the city. All these and more, make Iloilo City a preferred location for local and foreign BPO (business process outsourcing) investors,” Dy said.
ALI first ventured into Iloilo City in 2012. Since then, Atria Park District has become one of the city’s major residential, commercial, business, educational, and medical hubs with Qualimed, Seda, Avida, The Shops at Atria, and Ateneo de Iloilo.
Iloilo City has become a rapidly emerging market posting the highest per capita gross domestic product of P280,356 among the eight economies in Western Visayas in 2021.
The city has continued to attract investors with its stable economic growth and improved business-investment environment making this it an ideal investment destination in the South.
At present, Iloilo’s economy is driven by a wider range of industries, including agribusiness, tourism, BPOs, trading activities and service driven firms including banks, educational institutions, and hospitals, among others.