Tag: philippine economy
When one thinks of Makati, you automatically think of Ayala avenue. The center of the Philippine economy. This is the area where the largest Philippine corporations set up shop and where many Filipino professionals head towards every weekday morning.
However, Ayala as it is today has come a long way from its roots. This strip of road used to be part of an airport runway in Luzon’s first airport. It was only converted to become a road in 1949 and this is when ownership of the airport facilities was handed over to the owner of the land, Ayala Corporation. It was extended from Paseo de Roxas to Buendia Ave sometime in the 1950s.
In the 1960s, as seen in our first photo, it was extended from Buendia Ave to Kamagong St.
Ayala Avenue (circa 1968) above was still clean and seemed like a scene from a different country. There weren’t that many cars on the road yet, and the high-rises were just starting to develop. Note: I am too young to know the names of the buildings above, so please leave your comments if you can indentify some of them.
The 1980s (above) brought about taller high-rise buildings, jeepneys, much more cars, and smog. You can now readily see the BPI and Insular Life buildings in this photo, but Robinson’s and Rufino tower has not been built yet.
Ayala Avenue as it is today looks like a business district in a developed nation, wider roads, taller buildings. However in this photo, taken around 2007-2008, it seems to be missing the heavy traffic most Makati workers are accustomed to now-a-days — probably taken on a Sunday :)