Ayala Avenue

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Ayala Avenue
Ayala Avenue 2020.jpg
Part of C-3 C-3 from Metropolitan Avenue to Gil Puyat Avenue
Namesake Zóbel de Ayala family
Length 1.9 km (1.2 mi)
Restrictions Trucks, pedicabs and tricycles not allowed between Gil Puyat Avenue and EDSA
Location Makati
North end Metropolitan Avenue
N190 (Gil Puyat Avenue)
South end AH 26 (N1) (EDSA)
Completion 1958

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".[1] 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.


Ayala Avenue south of Makati Avenue, 1982

Ayala Avenue's segment from the present-day Gil Puyat (Buendia) Avenue to Makati Avenue used to be the primary runway of the Nielson Airport, which was inaugurated in 1937 and was one of the first airports built in Luzon, while its extension occupies a segment of an old road that connected the Santa Ana Park and McKinley–Pasay Road.[2][3][4] 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 as part of Ayala's plan to build a new business district in the area.[5] The modern avenue was completed in 1958, eventually connecting it to Highway 54 (now EDSA).[6]

It later created a new segment between Kamagong Street in San Antonio Village and Metropolitan Avenue, connecting it to South Avenue.[7] In 1998, a flyover was built for left turners onto EDSA northbound.[8]


Ayala Avenue looking north towards the Ayala Triangle

Ayala Avenue has intersections. Bold indicates street crossings.

Makati Central Business District[edit]

Ayala Avenue Extension[edit]

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


Ayala Center[edit]

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[edit]

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[edit]

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[edit]

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[edit]

  • Makati City Police Station
  • Makati City Fire Station
  • Makati City Post Office

Other famous buildings[edit]

Ayala Avenue is home to many other landmark buildings, which house many large Philippine businesses including:

Other structures[edit]

  • 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


  1. ^ Wall Street Journal Staff, ed. (1974). The Best of the Wall Street Journal. Dow Jones Books. ISBN 978-0-87128-487-7.
  2. ^ "Vertical view of Nielson Field in Makati area of southern Manila". PacificWrecks. Retrieved September 21, 2021.
  3. ^ "Neilson Airport under construction, now Ayala Triangle, Makati, Manila, Philippines, March 20, 1937". Flickr. Retrieved June 9, 2020.
  4. ^ Nocheseda, Elmer (January 11, 2008). "A cadastral map of the original Ayala purchase depicts the total 2,986-hectare Makati area" (Map). Flickr. Retrieved November 12, 2021.
  5. ^ "The Story of Ayala Triangle: Beginnings as Nielson Field". The Urban Roamer. September 7, 2015. Retrieved November 12, 2021.
  6. ^ O'Gorman Anderson, Benedict Richard (2003). Southeast Asia Over Three Generations: Essays Presented to Benedict R. O'G. Anderson. SEAP Publications. pp. 291–294. ISBN 0877277354.
  7. ^ Metro Manila Street Guide (Map) (2nd ed.). Philippine Map Co., Inc.
  8. ^ "Road and Bridge Inventory". Department of Public Works and Highways. Retrieved November 12, 2021.

Coordinates: 14°33′22″N 121°1′19″E / 14.55611°N 121.02194°E / 14.55611; 121.02194