Sometimes, as much as we want to stay, some things force us to leave.
In a social media post, the Park Social announced its IT Park closure after 6 years full of memories.
“It’s not a goodbye but a see you real soon! We’re saying goodbye to The Park Social as we embark on a new location real soon.”
NON-RENEWAL REASON FOR CLOSURE
The iconic resto bar closed on February 20, 2024, after it was not allowed by IT Park management to renew its lease.
“We are willing to stay,” Philip Yieh, director of the Park Social said in an interview. He also mentioned that they have been in coordination with the IT Park management for more than a year but all they received were excuses from them.
Atty. Jun Montecillo, The Park Social’s corporate lawyer mentioned that among all the reasons and excuses given by the management is that their lot is one of the routes for the Cebu Bus Rapid Transit Project.
70 WORKERS AFFECTED
After The Park Social’s closure, this leaves us the question, what will happen to the 70 workers?
The management of The Park Social explained that half of the employees would be transferred to The Park Social Ayala Center Cebu branch. Meanwhile, the others will undergo short-term training from their international partners. However, the remaining employees will be dismissed.
NEW LOCATION
Fortunately, it is not a permanent farewell for The Park Social. They are only going to transfer locations.
They believe that they have loyal customers and they hope for their continued support as they plan to open their new location this July.
