Makati - Economy and Infrastructure

Economy and Infrastructure

Makati is known for its developed business district, making it one of Asia's important financial, commercial and economic centers. The city is also the financial capital of the country. The financial district of Makati is bounded by EDSA, Gil Puyat Avenue, Antonio Arnaiz Avenue/Pasay Road, and Chino Roces Avenue. It mainly encompasses Legazpi Village, Salcedo Village, the Ayala Center, and parts of the Bel-Air neighborhood.

The Ayala Center is a premier business and cultural district of Makati, the business district has high-rise commercial buildings, upscale residential villages, and a wide array of shopping, entertainment and cultural offerings. Ayala Triangle is located inside the Ayala Center, it 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. Ayala Avenue and Paseo de Roxas also house the distinction of being the runways of the former Nielson Field, Metro Manila's main airport in the 1930s.

The fifty tallest skyscrapers in the Philippines are all located in Makati such as the PBCom Tower and G.T. International Tower. The skyscrapers of Metro Manila are, for the most part, clustered in many locations although three areas are distinct for having the largest clusters in the metropolis. The first and biggest is the Makati Business District, followed by the Ortigas Center Business District in Pasig. The newest to rise is the Bonifacio Global City Business District in Taguig. PBCom Tower along Ayala Avenue is the country's tallest building, reaching up 259 meters. It is the headquarters of the Philippine Bank of Communications, or PBCom. One of the trading floors of the Philippine Stock Exchange is housed in Ayala Tower One and at the old Makati Stock Exchange Building, both also along Ayala Avenue.

The PBCom Tower is an office skyscraper ranked officially as the tallest building in the Philippines from 2000 until the topping-out of The Gramercy Residences in 2012. It has a total ground to architectural top height of 259 metres (850 ft), with 52 storeys including an 8-level radio tower.