Cebu Business Park
In the late 1980s, the Cebu provincial government sold its 45-hectare property used as the Club Filipino Golf Course to the Ayala Corporation. The development features for the Cebu Business Park were incorporated into the 1990 zoning ordinance of Cebu City. Land development work on the business park was completed in 1992.
To spur further commercial activity, the 6-hectare Ayala Center Cebu shopping mall was built as the business park's centerpiece.
Cebu Holdings, an affiliate of Ayala Land, is currently responsible for the development of Cebu Business Park. As of 2003, it is the single largest urban development project in the Philippines outside of Metro Manila.
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