Ayala Avenue, Makati City’s Main Road and the PH’s Wall Street

Makati City is the financial center of the Philippines, one of the sixteen cities that comprise Metro Manila. A highly urbanized city, Makati as word means “ebbing of the tide.” Home of many, big conglomerates, Makati is the 17th largest city in the Philippines and ranks 41st as the most densely populated city in the world. Home of different firms, banks and BPOs, Makati also boasts of shopping malls, upscale boutiques, fancy restaurants and entertainment facilities comparable to some of the best in Asia.

Photo credits:@junah24 via IG

At the heart of the mega city is Ayala Avenue, a 1.9 kilometers avenue serving as the main thoroughfare. It is one of the busiest and active roads in Metro Manila, traversing through the Makati Central Business District. Historically, the middle segment of Ayala Avenue was a part of the Nielson Airport, the first airport in Luzon built in 1937, the said part being its runway. The avenue was named after the Zobel de Ayala family, the owners of the land on which the dynamic avenue was built. After WW II, these runways were converted into a public road in 1949. From then on, Ayala Avenue was regarded as the address of different local and international corporations, aptly labeled “The Wall Street of the Philippines.”


Photo credits: @thurtilla via IG


Photo credits: @louriinverse via IG

Ayala Avenue is home to well-known landmarks such as the Philippine Stock Exchange, one of the oldest stock exchanges in Southeast Asia; the PBCOM Tower, which used to be the tallest building in the Philippines; the Ayala Triangle, a sub-district of the Makati Central Business District consisting of the part of the land between Ayala Avenue, Paseo de Roxas, Makati Avenue and also the structures on those aforementioned streets such as the contemporary monuments of Benigno Aquino Jr. and Gabriela Silang.


PB Com Tower. Photo credits: @levy_canaleta via IG


Ayala Triangle Gardens. Photo credits:@m.sniv via IG

 

Andrew Kendall said it best: “I believe in the simple things – the classic beginning of once upon a time…”, is an apt saying to describe how Ayala Avenue started – as a simple runway during the mid-40’s that transformed into the country’s most prominent address..

 

 

 

 

 

 

 

Cover photo credits: @rollingstarr via IG

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