The City of Bacolod is in the midst of an exciting period of growth and innovation.
Once highly dependent on its sugarcane industry, the highly urbanized capital of Negros Occidental has begun diversifying significantly over the last decade, embracing sectors like information technology, business process outsourcing (BPO), tourism, real estate, and entrepreneurship to fuel its growth. This diversification has not only opened up new job and business opportunities for the city, but has also prompted a shift toward a more robust, more resilient economy.
Today, Bacolod City remains firmly on the investment radar of both local and foreign investors. Its growing buoyant economy; improving infrastructure; favorable and globally competitive business climate; and available talent pool continue to position the City of Smiles as an attractive destination.
This is aptly reflected in the latest data from the Philippine Statistics Authority, which showed that in 2022, the economy of Bacolod City grew 9.8 percent, accounting for 0.67 percent of the national gross domestic product (GDP).
Flourishing industries
Among the booming industries in Bacolod today is the IT-BPO sector, which has since generated some 34,000 full time jobs for the city, according to data from Leechiu Property Consultants (LPC). This sector is, in fact, among the the reasons why Bacolod’s employment rate remains high today at 93.38 percent.
The consultancy firm even recorded substantial demand for office space, surpassing the 5,000-sqm mark in 2023 alone. As BPOs continue to expand here, the city offers a ready pool of skilled workers. According to LPC, Bacolod had in 2023 a total of 7,236 fresh graduates who can support the growing demand by modern industries including BPOs.
Also helping fuel the growth of industries here are continued improvements in the city’s infrastructure, including the expansion of the Bacolod-Silay International Airport Road and the Bacolod-Negros Economic Highway (Banoceh). Such projects do not only help improve connectivity and accessibility, but also boost land values in the province.
Such developments continue to help improve the city’s overall livability, complementing the ongoing influx of national property developers eager to be part of Bacolod’s exciting growth story. These developers are capitalizing on the growing demand for quality residences, offices, and commercial spaces, while catering to the increasingly upscale tastes and preferences of the city’s residents.
Promising hub
All these, indeed, contribute to the dynamism of Bacolod City. As it continues to evolve into a vibrant urban center, developments like the 30-hectare Rockwell Center Bacolod stands to become a promising business and lifestyle hub where optimism meets opportunity.
Here, Rockwell Land is creating a contemporary urban center, similar to its highly successful flagship development in Makati City.
Rising along the Circumferential Road, Rockwell Center Bacolod will be home to a Power Plant Mall, upscale residential properties, retail establishments, and offices. As much as 80 percent of the total area will be dedicated to open spaces, providing future residents and guests lush areas and pocket gardens designed to support active lifestyles.
Similar to all Rockwell Land developments, this up-and-coming neighborhood is also designed to be effortless and safe, while thoughtful architecture and designs ensure the inclusion of sustainable features.
Through this complete mix of features and components, Rockwell aims to curate comfort and convenience for Bacolod’s discerning few, offering luxury living experiences in a dynamic urban setting.
Lucrative opportunities
Businesses will no doubt find a conducive, dynamic platform in Rockwell Center Bacolod.
Its commercial lots present lucrative opportunities for businesses to thrive in a lifestyle hub that offers a conducive climate for businesses. On offer are 28 commercial lots with sizes ranging from 1,500 sqm to 2,000 sqm, which are located across the Power Plant Mall in Bacolod. These lots will allow forward-looking businesses to be part of what could be the next center of economic growth in the Visayas.
As Bacolod continues to grow as a premier destination, Rockwell Center Bacolod stands ready to redefine urban living and drive economic vitality in the city, while helping shape a sweet, promising future for the residents, investors, and businesses who call it home.
Rockwell Land is creating a contemporary urban center in Bacolod, similar to its highly successful flagship development in Makati City.
As Bacolod continues to grow as a premier destination, Rockwell Center Bacolod stands ready to redefine urban living and drive economic vitality in the city, while helping shape a sweet, promising future for the residents, investors, and businesses who call it home The 30-ha Rockwell Center Bacolod stands to become a promising business and lifestyle hub where optimism meets opportunity.
This article was taken from https://inqm.news/qpupa