The Lagoon here in Bacolod City is easily one of the busiest places in the whole city. I was there the other day at 7:30 am, and there were people jogging around the lagoon, kids playing on the swings, and some skateboarders. The Lagoon, is a beautiful area, though I would not call it peaceful, it is still a must see. I shot a couple of night/sunset images of the area, which is well worth the time.
I am working on a Hyper/timelapse video on the City and The Lagoon will definitely be a part of the video. If you are there for the afternoon, you are well within walking distances of the 7-11, Chowking, Jollybee and the McDonalds, plus the locals with various food carts. Hope to see you down there.