Metro Manila · Ayala Avenue
Home to the headquarters of many banks and major companies, some call it the Wall Street of the Philippines: Ayala Avenue is the main road of Makati's business district, framed by flashy skyscrapers on both sides of the road.
Name and History
The middle segment of Ayala Avenue used to be a runway of the first airport in Luzon. It was converted into a road after the airport ceased operations in 1948. As Makati set up a number of centrally planned communities and, later on, became the country's capital of business and finance, Ayala Avenue was further and further extended over the years.
The avenue is named after the Ayala Corporation, owner of much of the land Makati stands on and mainly responsible for the city's rapid development after World War II. The Zobel de Ayala family is one of the oldest and richest business families in the country.
Along the Road
Ayala Avenue connects Gil Puyat Avenue (formerly Buendia) with EDSA. It stretches almost 2 kilometers from northwest to southeast through the heart of Makati's business district, along the HotSpots Salcedo Village and Legazpi Village.
At the northwestern end of the road you find the Makati Post Office, the Police and Fire Station, The Columns, and RCBC Plaza, one of the prime office towers, home to many embassies and international organizations. In the center of Ayala Avenue sits the Philippine Stock Exchange, with the beautiful Ayala Triangle Park right at the back.
While the northwestern end of Ayala Avenue is all about banks, business, and BPO, the southeastern stretch is more about consuming the hard-earned money. This part of Makati is characterized by luxury hotels, high-end condominiums, and the giant shopping and entertainment complex of Ayala Center, with the malls of Greenbelt, Landmark, Glorietta, and SM.
Being one of the access roads to the central business district, Ayala Avenue is heavily congested during rush hour. The rest of the day however, traffic is relatively fine. That is partly due to the fact that the jeepney and bus traffic is highly regulated, with an extra lane, a very limited number of stops, and traffic enforcers making sure the vehicles don't block the way for too long. On weekends, when the office buildings are empty, the avenue turns into one of the quietest roads of Metro Manila.
Ayala Avenue is one of the few main roads where you can conveniently and safely stroll along the entire stretch, as the the sidewalks are extra wide and each side street has an underpass, making it easy to cross. On the other hand, the avenue has quite a 'sterile' atmosphere, as there are no street vendors, no tricycles, few shops, and hardly any kids on the street - only masses of business people and young professionals, coffee shops and fast food chains.