Bohol Business Park
Bohol Business Park, is a under-construction mixed-use master-planned central business district and development in Tagbilaran City, Bohol, Philippines. Built within the former grounds of the Tagbilaran City Airport, the business park will soon integrate businesses, information technology hubs, commercial, and entertainment facilities.
History
Since the 1960's, the Tagbilaran Airport has been the sole airport operating in Bohol, with Philippine Airlines carrying 2 to 3 flights per day. In the 2000's and 2010's, the airport reached its limit capacity and became congested. A proposal was made on creating a new airport in Panglao, in order to replace the congested airport. Construction of the new airport began in 2015, and would later be inaugurated in November 27, 2018. In that day, flights are then moved to the new Bohol-Panglao International Airport, and the Tagbilaran City Airport would later be closed.Before the closure of the Tagbilaran Airport, plans to convert the airport into a business park began. In 2017, former Tagbilaran City mayor Baba Yap made a proposal to convert the airport into a business park once operations in the airport closed. The business park was planned to cater IT businesses, commercial spaces and entertainment centers including a convention center and a coliseum.
Plans of redeveloping the former airport did not come about until 2022. A public-private partnership venture would later be introduced in developing the new airport. Megaworld, a Philippine real-estate developer, proposed to establish a township in the airport but later dropped due to the runway cut of the lot is too slim for the project. Sagility, a US-based BPO firm, became the first locator of the business park, which is expected to employ some 3,000 Boholano nurses.