Milla de Oro (

English English usually refers to: * English language * English people English may also refer to: Culture, language and peoples * ''English'', an adjective for something of, from, or related to England * ''English'', an Amish ter ...

for ''Golden Mile'') is the main

financial district A financial district is usually a central area in a city where financial services firms such as banks, insurance companies, and other related finance corporations have their headquarters offices. In major cities, financial districts often host ...

San Juan San Juan, Spanish for Saint John (disambiguation), Saint John, most commonly refers to: * San Juan, Puerto Rico * San Juan, Argentina * San Juan, Metro Manila, a highly urbanized city in the Philippines San Juan may also refer to: Places Arge ...

, the capital

municipality A municipality is usually a single administrative division having municipal corporation, corporate status and powers of self-government or jurisdiction as granted by national and regional laws to which it is subordinate. The term ''municipality' ...

Puerto Rico ; abbreviated PR), officially the Commonwealth of Puerto Rico, is a Government of Puerto Rico, self-governing Caribbean Geography of Puerto Rico, archipelago and island organized as an Territories of the United States, unincorporated territo ...

. Concentrated in the sections of Juan Ponce de León Avenue and ''Luis Muñoz Rivera Avenue'' that cross from north to south the

Hato Rey Hato Rey ( Spanish for ''king’s cattle farm''), often considered the central business district of Puerto Rico, is a highly urbanized financial, commercial, and residential district in San Juan, the capital municipality of the archipelago and ...

business center, it encompasses the largest agglomeration of corporate investment, banking, and financial institutions in the

Caribbean The Caribbean ( , ; ; ; ) is a region in the middle of the Americas centered around the Caribbean Sea in the Atlantic Ocean, North Atlantic Ocean, mostly overlapping with the West Indies. Bordered by North America to the north, Central America ...

. The headquarters of Puerto Rico's largest retail investment bank,

Popular, Inc. Popular, Inc., doing business as Banco Popular in Puerto Rico and the Virgin Islands and as Popular Bank in the mainland United States, is a financial services conglomerate that has operated in Puerto Rico for over 125 years and in the mainland ...

, are located at ''Popular Center'' in ''208 Juan Ponce de León Ave''. The area is served by the

Tren Urbano The ''Tren Urbano'' (English language, English: Urban Train) is a List of automated urban metro subway systems, automated rapid transit system serving the San Juan–Bayamón–Caguas metropolitan area, main metropolitan area of Puerto Rico ...

stations of

Roosevelt Roosevelt most often refers to two American presidents: * Theodore Roosevelt (1858–1919, president 1901–1909), 26th president of the United States * Franklin D. Roosevelt (1882–1945, president 1933–death), 32nd president of the United State ...

, Domenech, and

Piñero ''Piñero'' is a 2001 American biopic about the troubled life of Nuyorican poet and playwright Miguel Piñero, starring Benjamin Bratt as the title character. It was written and directed by the Cuban filmmaker, Leon Ichaso, premiered at the Mo ...

, as well as numerous

bus routes A bus (contracted from omnibus, with variants multibus, motorbus, autobus, etc.) is a motor vehicle that carries significantly more passengers than an average car or van, but fewer than the average rail transport. It is most commonly used in ...

with connections to the nearby

Río Piedras Rio or Río is the Portuguese and Spanish word for "river". The word also exists in Italian, but is largely obsolete and used in a poetical or literary context to mean "stream". Rio, RIO or Río may also refer to: Places United States * Rio, Flo ...

district, Condado and Isla Verde resort areas, and

Old San Juan Old San Juan () is a historic district located at the "northwest triangle" of the San Juan Islet, islet of San Juan in San Juan, Puerto Rico, San Juan. Its area roughly correlates to the Ballajá, Old San Juan, Ballajá, Catedral, Old San Juan, ...

historic quarter.

List of buildings at La Milla de Oro

headquarters (3 buildings) * AFI Plaza (

Seaborne Airlines Seaborne Virgin Island Inc, operating as Seaborne Airlines, is a FAR Part 121 airline headquartered in Carolina, Puerto Rico, near the territory's capital of San Juan, Puerto Rico, San Juan. It operates a seaplane shuttle service between Saint ...

Plaza) (formerly

Westernbank The W Holding Company was a financial holding corporation located in Mayagüez, Puerto Rico. On April 30, 2010, Westernbank, its wholly owned bank subsidiary, failed and its deposits and assets were seized by the Federal Deposit Insurance Corpo ...

World Plaza, the

Banco de Ponce Banco de Ponce was the Puerto Rican bank with the largest number of branches in the United States and second largest bank in deposits and number of branches in Puerto Rico during the twentieth century. Founded in Ponce, Puerto Rico, in the e ...

headquarters); acquired by Banco Popular de Puerto Rico after an FDIC closure of several banks on the Island in 2010. * Kevane Grant Thornton Building (formerly known as Bolivia 33) * The Hato Rey Center (formerly known as Home Mortgage Plaza) *

Banco Santander Banco Santander S.A. trading as Santander Group ( , , ), is a Spanish multinational financial services company based in Santander, with operative offices in Madrid. Additionally, Santander maintains a presence in most global financial centres ...

building * Plaza 273 (formerly known as Plaza

Scotiabank The Bank of Nova Scotia (), operating as Scotiabank (), is a Canadian multinational corporation, multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five (banks), Big Five banks, it is the ...

) * Plaza 221 (formerly known as Banco Economias, Banco Central Hispano and then

) *

American International Group American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. As of 2023, AIG employed 25,200 people. The company operates through three core ...

(AIG) building * MCS Plaza (Formerly Pan-Am Plaza) * Puerto Rico Comptroller’s Office building * City of

government tower * AON Center * City Towers (formerly known as

Citibank Citibank, N.A. ("N. A." stands for "National bank (United States), National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation, multinational corporation. Ci ...

Tower) * Centrum Plaza * Puerto Rico Department of Labor and Human Resources (Departamento del Trabajo y Recursos Humanos) building *

José Miguel Agrelot Coliseum The ''Coliseo de Puerto Rico José Miguel Agrelot'' ( English: José Miguel Agrelot Coliseum of Puerto Rico) is the largest indoor entertainment and sports arena in Puerto Rico since its inauguration in 2004. Located in the Hato Rey business ce ...

(Coliseo de Puerto Rico) * OFG Bancorp Center (formerly

Chase Manhattan Bank JPMorgan Chase Bank, N.A., doing business as Chase, is an American national bank headquartered in New York City that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding ...

Plaza and

BBVA Banco Bilbao Vizcaya Argentaria, S.A. (), better known by its initialism BBVA, is a Spanish multinational financial services company based in Bilbao, with operative offices in Madrid. It is one of the largest financial institutions in the world, ...

Plaza) * Tren Urbano Hato Rey station * Tren Urbano Roosevelt station * Aquablue at the Golden Mile * Quantum Metrocenter, designed b
SCF Arquitectos
and built in 2012 * Uruguay 269 (under construction) * Coliseum Tower (completed) * Metropolis (under construction) * Infinity (under Construction) * Torre Mayo

* Instituto Socio Economico Comunitario (www.insec.org) * Fine Arts Cafe (an upscale Repertory Theatre owned by

Caribbean Cinemas Caribbean Cinemas is a chain of movie theaters in Puerto Rico and the Caribbean. It is the only major chain in Puerto Rico following CineVista's bankruptcy. The chain has expanded into Dominican Republic, Panama, St. Thomas, St. Croix, St. M ...

) *

Fi Sigma Alfa Phi Sigma Alpha (), commonly known as La Sigma, is a Puerto Rican fraternity originally established as the Sigma Delta Alpha Fraternity (Sociedad de Amigos) on October 22, 1928, at the University of Puerto Rico by twelve students and a professor ...

Fraternity Club House (Restaurant and activities hall)

Plans

Milla de Oro has received criticism from nearby communities for its lonely and dark environment after work hours. In order to foster tourism and economic growth in the area, the government has planned to convert the district into a more community friendly sector by attracting tourists, visitors, and local residents to the district during after hours through concerts, retail shops, and nightspots. The first phase of this conversion was to locate the

and several

metro system stations in the district. Banco Popular recently inaugurated a new project near its headquarters called ''Arts Cinemas at Popular Cente''r for exhibiting foreign and independent films and a deli-café. New residential apartments and a 31-story high commercial complex near the Coliseum are being developed in the area as well.

Milla de Oro in popular culture

The ''Milla de Oro'' was heavily featured in the Calle 13 2010 musical video for "Calma Pueblo". The song features lead singer, Residente, singing on top of a building while businessmen and random people run around the Milla de Oro, eventually getting naked. The ''Milla de Oro'' was also featured in the film ''

Fast Five ''Fast Five'' (also known as ''Fast & Furious 5'') is a 2011 action film directed by Justin Lin and written by Chris Morgan (filmmaker), Chris Morgan. It is the sequel to ''Fast & Furious (2009 film), Fast & Furious'' (2009) and the fif ...

'' during one of the heists.

References

{{reflist Financial districts Districts of San Juan, Puerto Rico Central business districts in the United States Economy of Puerto Rico