Most of the country’s premier business hubs or central business districts are located in Luzon, Metro Manila to be exact. But many don’t realize that Cebu has long been a trading and business hub of fast-growing industries. Metro Cebu has over the years established itself as a good top IT-BPO. An alternative for both local and international companies who are looking to set up their operations in the country.
Cebu is the second largest city in the country and is one of the fastest growing economies within the country. With its bustling tourism industry, ongoing infrastructure projects, fresh labor force. Also, its newfound reputation as a leading tech hub among firms. It is not surprising why Cebu has become a top destination for these companies. Here are some of the top business hubs in Cebu for those looking for an office space for rent.
Cebu Park District
More commonly known as the commercial hub of the South Philippines. Cebu Park District is a merger of two business parks in Cebu: Cebu Business Park (CBP) and Cebu IT Park.
Cebu Business Park
The Cebu Business Park is the flagship project of Cebu Holdings Inc. It’s a subsidiary of Ayala Land and is commonly referred to as Cebu’s Central Business District. Turning what was once a golf course into a 50-hectare master planned mixed-use development project. CBP is currently one of the Philippines’ largest PEZA-accredited IT zones. It is both a center for work and life with both its slew of multinational and local offices as well as residential condominiums, shopping malls, clubs, and parks for leisure.
Cebu I.T. Park
A favorite of IT and BPO companies, Cebu I.T. Park is located near Lahug Airport, becoming one of the prime destinations in the city. The park is a 27-hectare space that is home to companies international and local, particularly IT, research, and BPO companies which have been crucial for the economic expansion and growth for the region. Apart from work, Cebu I.T. Park also contains shopping, dining, and leisure spots which makes it a go-to place for lifestyle as well.
Filinvest Cyberzone Cebu
Made by one of the country’s leading developers, Filinvest Cyberzone Cebu Tower (Three / Four) located at Salinas Drive, Cebu City. The office building is part of a four-building hub with four (4) office buildings and retail components.
Moreover, Filinvest Cebu Cyberzone Tower 2 is a 20-storey office building. These are the perfect locations for BPO companies. It is home to various Business Process Outsourcing (BPO) offices. Containing both retail and commercial spaces, the building is equipped with advanced technologies. The building is ideal for IT and BPO companies.
Mactan Newtown
Located in Lapu-Lapu City in Cebu, Mactan Newtown is a 30-hectare project by Megaworld making it their first township beyond the Metro. This township is the ideal hub for both work and life — containing high-end office buildings, top tier residential condominiums, hotels, retail stores, and a school. Its excellent blend of the commercial and residential led it to be dubbed as the “Best Mixed-Use Development of 2019 for Visayas and Mindanao” by Lamudi Philippines in their Outlook Awards.
South Road Properties
Part of the 300-hectare island reclamation area in the south of Cebu City, South Road Properties (SRP) is another mixed-use lifestyle destination. It is being eyed as the next biggest business district in Cebu. A mix of commercial, residential, and tourism will thrive. Containing key establishments like shopping malls, high-end hotels and casinos, as well as an ocean park. SRP is located near the upcoming CCLEX, Cebu’s longest bridge which is already being touted as one of the key landmarks upon its completion.
Cebu’s business districts are a great consideration for an office location for companies looking to expand their business outside of Mega Manila. Renowned real estate agency Santos Knight Frank can help find the ideal office space for rent for any business. With an extensive track record in various real estate services from brokerage, advisory, property management, and the like, business are in good hands with the partner in property. Learn more by visiting the official website of Santos Knight Frank at https://santosknightfrank.com/.
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