Ayala Triangle Gardens, Makati City

December 22, 2012 by  

Ayala Triangle Gardens, Makati City, Ayala Avenue is an major thoroughfare in Makati, Philippines. It is one of the busiest roads in Metro Manila, crossing through the heart of Makati’s central business district. A certain part of the Ayala Avenue forms Circumferential Road 3. Because of the many businesses located along the avenue, Ayala Avenue is aptly nicknamed the Wall Street of the Philippines. It is also a major link between Epifanio de los Santos Avenue (EDSA) to Metropolitan Avenue.

Ayala Avenue’s segment from Paseo de Roxas to Makati Avenue used to be a runway of the Nielson Airport, which was the first airport built in Luzon. The Paseo de Roxas’s segment from Ayala Avenue to Makati Avenue used to be a runway of the airport. 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 runways were converted into a road in 1949 when the permanent facilities of the airport was passed on the owner of the land, the Ayala Corporation.

The runways’ missing part to the main road (now Makati Avenue) was added. It later created new segments from Paseo de Roxas to Malugay Street, Malugay Street to Kamagong Street, and Kamagong Street to the tip part of South Avenue (which is from Rizal Avenue to Metropolitan Avenue) at Metropolitan Avenue. The last extension is a northbound lane connecting South Avenue. When the MRT was established, its flyover was added for left turns onto EDSA heading to Monumento.

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.

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.

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