Ayala Avenue
From Wikipedia, the free encyclopedia
Ayala Avenue is an avenue in Makati City in the Philippines. It is one of the busiest thoroughfares in Metro Manila, crossing through the heart of Makati's central business district. Because of the many businesses located on the avenue, Ayala Avenue is aptly nicknamed the Wall Street of the Philippines.
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Ayala Center, which comprises eight distinct shopping centers, is partially located on Ayala Avenue, specifically the Glorietta complex, Greenbelt mall, and the 6750 building, as well as the Shangri-La Makati hotel. It is one of the largest and most famous malls in the Philippines.
History tells that this big chunk of land was stolen from the Filipinos during the 300 years of Spanish era.[citation needed]
The Ayala Triangle is a sub-district of the Makati central business district, comprising of the parcel of land between Ayala Avenue, Makati Avenue and Paseo de Roxas, as well as the buildings on those streets. Many multinational companies, banks and other major businesses make their home on the triangle, noted by the many skyscrapers bounding the Triangle. Many exclusive and/or expensive stores make their home there. Ayala Avenue and Paseo de Roxas also house the distinction of being the runways of the former Nielson Field, Metro Manila's main airport in the 1930s.
PBCOM Tower, the tallest building in the Philippines, is located on Ayala Avenue. It serves as the headquarters of two Philippine banks, the Philippine Bank of Communications, of which the building's name owes it to, and East West Bank.
One of the trading floors of the Philippine Stock Exchange is located on Ayala Avenue's Ayala Tower One, as well as the old building of the Makati Stock Exchange. Near the building is also the most famous statue of assassinated politician Benigno Aquino, Jr., located at the corner of Ayala Avenue and Paseo de Roxas.
Ayala Avenue is home to many other landmark buildings, of which some are in turn home to some of the biggest names in Philippine business. Some of these famous buildings include the following:
- Allied Bank Center (headquarters of Allied Bank)
- Ayala Tower One (headquarters of the Ayala Corporation and home to the Philippine Stock Exchange's Makati trading floor)
- Bank of the Philippine Islands headquarters
- G.T. International Tower (new headquarters of Metrobank)
- Insular Life Building (old headquarters of Insular Life)
- Makati Central Fire Station
- Makati Central Police Office
- The Peninsula Manila Hotel
- PeopleSupport Center (one of the many call centers in the Philippines)
- PLDT Tower (headquarters of the Philippine Long Distance Telephone Company)
- RCBC Plaza (headquarters of the Rizal Commercial Banking Corporation)
- SSS Makati Building (headquarters of Union Bank of the Philippines)
- Rufino Plaza (headquarters of the Rufino Family)