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Ayala Avenue is a major thoroughfare in Makati, Philippines. It is one of the busiest roads in Metro Manila, crossing through the heart of the Makati Central Business District. Because of the many businesses located along the avenue, Ayala Avenue is nicknamed the "Wall Street of the Philippines". It is also a major link between Epifanio de los Santos Avenue (EDSA) and Metropolitan Avenue. Part of Ayala Avenue from Metropolitan Avenue to Gil Puyat Avenue also forms Circumferential Road 3.

History

Ayala Avenue's segment from near V.A. Rufino Street to Makati Avenue used to be the primary runway of the Nielson Airport, which was one of the first airports built in Luzon. The airport was destroyed during the Japanese occupation of the Philippines on December 10, 1941, and resumed operations after the end World War II in 1947. The airport closed in 1948 and its permanent facilities were passed on the owner of the land, Ayala y Compañía. The runways were then converted into roads. It later created new segments towards Highway 54 (present-day EDSA), Kamagong Street in San Antonio Village, and finally the tip part of South Avenue at Metropolitan Avenue. When the Manila Metro Rail Transit System was established, its flyover was added for left turns onto EDSA heading to Monumento.

Intersections

Ayala Avenue has intersections. Bold indicates street crossings.

Makati Central Business District

* McKinley Road / Epifanio de los Santos Avenue (EDSA) (Highway 54) (C-4) * Recoletos Street * Apartment Ridge Road * East Drive * Courtyard Drive * Parkway Drive * West Street / Fonda Street * Makati Avenue * Paseo de Roxas * V.A. Rufino Street (Herrera Street) * Salcedo Street * Amorsolo Street * Sen. Gil Puyat Avenue (Buendia Avenue)

Ayala Avenue Extension

* Malugay Street * Yakal Street * Kamagong Street * Metropolitan Avenue / South Avenue

Landmarks



Ayala Center

The Ayala Center, which comprises eight distinct shopping centers, is partially located on Ayala Avenue, specifically the Glorietta complex, including Rustan's, and 6750 Ayala Avenue, as well as the Makati Shangri-La Hotel.

Ayala Triangle

The Ayala Triangle The Ayala Triangle is a sub-district of the Makati Central Business District, comprising 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 are located within the triangle. A few upscale boutiques, restaurants and a park called Ayala Triangle Gardens are also located in the area.

PBCom Tower

PBCom Tower, one of the tallest buildings in the Philippines, is located at Ayala Avenue and V.A. Rufino Street. It serves as the headquarters of two Philippine banks: the Philippine Bank of Communications (the building's namesake) and East West Bank. It is previously the tallest building in the Philippines from 2000 to 2017.

The Philippine Stock Exchange

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 a statue of politician Benigno Aquino, Jr., located at the corner of Ayala Avenue and Paseo de Roxas.

Government-owned buildings

* Makati City Police Station * Makati City Fire Station * Makati City Post Office

Other famous buildings

Ayala Avenue is home to many other landmark buildings, which house many large Philippine businesses including: * PNB Makati Center (Allied Bank Center; former headquarters of Allied Bank) * Alphaland Makati Place * Alveo Financial Tower * Ayala North Exchange * 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 * Convergys Philippines Services Center * Discovery Primea * The Enterprise Center neoclassical twin towers * G.T. International Tower * Insular Life Building (old headquarters of Insular Life) * LKG Tower * L. V. Locsin Building * Makati Sky Plaza * STI Holdings Center * The Peninsula Manila * PeopleSupport Center * PLDT Tower (headquarters of the Philippine Long Distance Telephone Company) * RCBC Plaza (headquarters of the Rizal Commercial Banking Corporation) * Rufino Plaza (headquarters of the Rufino Family) * Security Bank Center (headquarters of the Security Bank Corporation) * Smart Tower (headquarters of the Smart Communications) * SSS Makati Building (former headquarters of Union Bank of the Philippines) * Sycip, Gorres, Velayo & Co. (SGV) Building (a member firm of Ernst & Young Global)

Other structures

* The monuments of Benigno Aquino, Jr. and Gabriela Silang * Pedestrian underpasses at Parkway Drive (Glorietta), Legazpi, Paseo de Roxas, V.A. Rufino and Salcedo/H.V. Dela Costa intersections

References

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