[5] A month later, in December 2018, the site of the former airport was eyed to be redeveloped into a mixed-use development, initially dubbed as the Bohol Business Park.
[6] In October 2020, a resolution was approved by the infrastructure development committee of the Central Visayas Regional Development Council asking the Department of Public Works and Highways to authorize a study for a possible connector infrastructure or viaduct highway connecting the third Panglao-Tagbilaran bridge to Manga, a barangay in the north of the city, with an exit going to the airport.
[12] In December 2023, Boholano Governor Aris Aumentado and the Bohol Provincial Government discussed with Civil Aviation Authority of the Philippines officials to create a one unified plan, through a joint venture for the use of the old airport.
If approved, the area will be made into an IT park development that will especially accommodate BPO locators, and many companies have already expressed their plans into investing in the region.
[13] On May 15, 2024, Governor Aris Aumentado, Vice-Governor Dionisio Victor A. Balite and Mayor Jane Cajes Yap led the groundbreaking for development of the old Tagbilaran Airport into the new Bohol Business Park.