0% found this document useful (0 votes)
270 views

Makati Power

Makati is known as the financial center of the Philippines and is home to the country's largest business district. It has the highest number of BPO offices and IT parks in Metro Manila and does not have a tax deficit. Makati is dominated by the Makati Central Business District, anchored by the Ayala Center shopping malls and office towers along Ayala Avenue. It contains the tallest skyscrapers in the Philippines, like the PBCom Tower, and is planned to redevelop into six new districts focused on business, lifestyle, entertainment, and transport.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
270 views

Makati Power

Makati is known as the financial center of the Philippines and is home to the country's largest business district. It has the highest number of BPO offices and IT parks in Metro Manila and does not have a tax deficit. Makati is dominated by the Makati Central Business District, anchored by the Ayala Center shopping malls and office towers along Ayala Avenue. It contains the tallest skyscrapers in the Philippines, like the PBCom Tower, and is planned to redevelop into six new districts focused on business, lifestyle, entertainment, and transport.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 15

/retail, services, real estate, export/import, and manufacturing.

Makati also boasts of having the


highest number of BPO offices inMetro Manila at 1,159 companies to date, as well as the highest
number of PEZA-accredited IT Parks and Buildings. The city government of Makati has not
increased its tax rates since its new Revenue Code took effect in 2006. For 26 years now, the city
enjoys a deficit-free status.[19]

Ayala Avenue, dubbed as the Wall Street of the Philippines

The city is known for its developed business district called theMakati Central Business
District (CBD). It is bound by EDSA,Gil Puyat Avenue, Arnaiz Avenue and Chino Roces Avenue. It
mainly encompasses Legazpi Village, Salcedo Village, theAyala Center, and parts of Bel-Air Village.
The Ayala Triangle is a sub-district of the Makati CBD, 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.[20] 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.

Aerial photo of the Makati CBD along Ayala Avenue

The biggest trading floor of the Philippine Stock Exchange is housed in Ayala Tower One and at the
old Makati Stock Exchange Building, both along Ayala Avenue.
The Makati Business Club is composed of over 800 chief executive officers and senior executives
representing almost 450 of the largest and most dynamic corporations in the Philippines. [citation needed]

Most of the tallest skyscrapers in Metro Manila and the Philippines are located in Makati such as
the PBCom Tower,Gramercy Residences in Century City and G.T. International Tower. Many highrise condominiums in the city are developed or owned by renowned real estate companies in the
Philippines like Century Properties and Ayala Land.
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. The PBCom Tower is an office
skyscraper ranked officially as the tallest building in the Philippines since 2001. It has a total ground
to architectural top height of 259 meters (850 ft), with 52 stories[21] including an 8-level radio tower.

Shopping centers[edit]

Facade of the Greenbelt Mall

Makati is one of the most well-known shopping hubs of Metro Manila. Various shopping centers,
offering both international and local retail shops, high-end boutiques, dining outlets and
entertainment facilities can be found around the city.[22]
The Ayala Center is a major commercial development operated by Ayala Land located in the Makati
CBD. The center is known for its wide array of shopping, entertainment and cultural offerings,
making it a premier shopping and cultural district in the metropolis.[23] It is a vast walkable complex
with high-end malls that houses cinemas, local and international shops, homegrown restaurants and
international food chains. The shopping malls that are located at the Ayala
Center include Greenbelt, Glorietta, Park Square, and The Link. The Ayala Center is also home to 3
department stores namely, SM Makati, Rustan's, and The Landmark.
Aside from the Ayala Center, the Rockwell Center is also a popular shopping district in Makati. It is
home to the Power Plant Mall. The Salcedo Saturday Market and Legazpi Sunday Market are
popular open-air community markets. These markets offers organic products, specialty foods, fruits,
vegetables, fish, gourmet items and antiques.

Education[edit]
The University of Makati, a public, non-profit university, is the city's flagship university. Other
institutions of higher education include the Asian Institute of Management (AIM), the Ateneo

Professional Schools,Australian Catholic University - Manila Program, the Mapa Institute of


Technology, Lyceum of the Philippines University-Makati, Centro Escolar University Makati, Far
Eastern University- Makati,iAcademy, Asian Seminary of Christian Ministries (ASCM), Don Bosco
Technical Institute, Makati,Assumption College San Lorenzo, Colegio San Agustin, Saint Paul
College of Makati, Our Lady of Guadalupe Minor Seminary, Asia Pacific College, Colegio de Santa
Rosa Makati Assumption College, AMA Colleges Makati, Inc. among others.

Historical sites[edit]
Hagdang Bato[edit]
This part of Namayan was sacred to early Tagalogs. Hagdang bat (see photo) is mentioned in
chapter sixty-one of Jos Rizal's first novel, Noli Me Tngere, and chapter three of his second
novel, El Filibusterismo. During the Revolution on 10 June 1897, Gen. Emilio Aguinaldo and about
five hundred soldiers crossed the Pasig River at Hagdang bat during the march to Biac-nabat in Bulacn.

Museo ng Makati[edit]

Museo ng Makati

Located along J.P. Rizal St., the Museo ng Makati is housed in an old building, which was built in
1918 and has been used as Makati's town hall from 1918 to 1961. The museum keeps the records
of Makati's history through a collection of rare photographs, murals, and dioramas. It also contains
artifacts, such as the fossils of pre-historic animals and earthenware. [24]
The museum's architecture is a classic "Bahay na Bato", made of masonry at the ground floor and
wood at the upper level. In 1934, during the reign of Mayor Nicanor Garcia, the structure was rebuilt
using concrete materials. In 1958, while it was still used as a town hall, then Mayor Maximo Estrella
had it renovated. In 1961, when the local government of Makati moved its office to its current site,
the old town hall was used as the Municipal Library.[citation needed]
But when the library was transferred to the new city hall compound, the old town hall was used as
the Philippine Eye and Ear Infirmary. During the term of Mayor Jejomar Binay, the structure was
converted into a museum through City Ordinance No. 186 that was enacted in March 1990. [25]

Nuestra Seora de Gracia Church[edit]

The Nuestra Seora de Gracia Church.

The Nuestra Seora de Gracia Church is a baroque Roman Catholic church which was established
in 1601 by Augustinian fathers.[26] Its original architecture is a blend of the late Spanish Renaissance
and early Baroque design. The touch of the Renaissance period is found in the main entrance with
rose window and simple Doric columns. The interiors and the window details, meanwhile, have
influences of Baroque architecture. The floor plan, on the other hand, is Romanesque. [26] During
the Seven Years' War, this church was raided by the British, an event which marks the first time that
Makati was affected by a global conflict. The church was damaged due to an earthquake in 1880
and in 1898 during the early skirmishes between American and Filipino troops. [27]
The Nuestra Seora de Gracia Church is one of the most popular wedding venues in Metro Manila.
[28][29]

Saints Peter and Paul Church[edit]


Tucked in D.M. Rivera St. and surrounded by skyscrapers and residential areas, Sts. Peter and Paul
Church is the oldest church in Makati, which was constructed in 1620. [30] It was built by Jesuit priest
Rev. Pedro de los Montes at a site named Buenavista through the generous donation of Capt. Pedro
de Britto in 1607.[31]
The church's architectural design is a rectangular nave with apse and sacristy, which is a usual
design for colonial mission churches.[32] The faade is composed of three-tiered papal and keys,
symbols of the Papacy, which was first occupied by St. Peter, one of the patron saints of the parish.
[33]

Culture and sports[edit]

The Ayala Museum

Makati is home to a number of fine art museums, colonial-era churches and recreation areas.
Along the south-eastern border of Makati beyond Forbes Parkare the Manila Golf Club and the
Manila Polo Club.[34] TheManila Golf Club features an 18-hole golf course. The Manila Polo Club
counts among its polo enthusiasts some of the country's wealthiest people. The Makati Sports Club
in Salcedo Village is another popular place for sports. The Makati Coliseum is another famous sports
landmark in the city, where some of the biggest sports gatherings are held.
The Ayala Museum is a private fine arts and history museum housing various exhibitions such as the
"Gold of Ancestors," an exhibition of more than one thousand golden pre-Hispanic artifacts. [35] Other
popular museums also in Makati also include the Yuchengco Museum and the Museo ng Makati.
Makati has several Spanish-era churches, such as the Our Lady of Guadalupe and the Nuestra
Seora de Gracia Church (Our Lady of Grace) in the old town. At the Greenbelt Park stands the
modern domed chapel of the Sto. Nio de la Paz. Between Forbes Park and Dasmarias Village is
the Santuario de San Antonio, a popular church for weddings in the Makati area. The National
Shrine of the Sacred Heart is located in San Antonio Village. Makati also houses the country's only
Jewish synagogue, Beth Yaacov.[citation needed]
According to Time.com, Makati is not only the financial center of the Philippines, but also the world's
center of selfies.[36]

Future development[edit]
Ayala Land and the Makati Tourism Foundation launched a year-long campaign titled "Make It
Happen, Make it Makati" to increase Makati's visibility as an arts and culture destination. The
campaign is part of Ayalas ongoing US$1.5 billion redevelopment masterplan for Makati, which
began in 2011 and divides the city into six distinct hubs for business, lifestyle, entertainment and
transport.[37]
In 2013, Ayala Land unveiled its plans for a P20-billion project that will transform the old Sta. Ana
race track into a mixed-use development, featuring entertainment and sports facilities. It will sit on a
21-hectare property - the last available sprawling landbank in Makati and will be dubbed as "Circuit
Makati" in honor of the Sta. Ana race track, which is part of Makati's heritage as a former racing
circuit. There will be a FIFA-sized football turf which will be used for games and for football
workshops. It will feature a 2-hectare open-air events ground, which can accommodate up to 20,000
people. It will have links to the Makati central business district (CBD) through Ayala Avenue
Extension and South Avenue, other future road linkages or potentially even a revived Pasig River
ferry service.[38]

Transportation[edit]

Ayala Triangle

The Ayala Center MRT station

Major roads in Metro Manila surrounds Makati, such as Epifanio de los Santos Avenue (EDSA),
located in the southeast part of the city, the South Luzon Expressway(SLEX), which
intersect EDSA at the Magallanes Interchange, and the Skyway which is built on top of the SLEX.

Land[edit]
Two of Metro Manila's main arteries pass through Makati. TheEpifanio de los Santos Avenue (EDSA)
pass along the city's southeast part and connects it with the cities of Mandaluyongand Pasay.
The South Luzon Expressway (SLEX) runs through the city's western part and connects it with the
city of Manila to the north and with southern Metro Manila. The Manila Skyway, an elevated highway
built on top of SLEX, provides residents coming from southern Metro Manila a fast way to reach
Makati. SLEX and EDSA intersect at the Magallanes Interchange, which is the most complex system
of elevated roadways in Metro Manila.
Buses plying the Epifanio de los Santos Avenue (EDSA/C-4) route
from Baclaran in Paraaque to Quezon City and Caloocan pass through the central
business/financial district daily. Jeepneys ply Makati's inner roads and connect the city to its
surrounding towns and cities.
The countrys first-ever e-jeepney and hybrid bus services were piloted in Makati. The buses are
parallel electric hybrids, powered by an electric motor and a Euro 3 diesel motor. The hybrid buses
ply the route from Gil Puyat Avenue (Tramo/LRT-1 Taft) to Kalayaan Avenue (C-5), which are

considered among the busiest in the citys central business district, cutting through other major roads
like South Superhighway; Chino Roces, Ayala and Makati Avenues; Paseo de Roxas and EDSA.[39]
Other major roads in the city include Gil Puyat Avenue, which connects EDSA and SLEX in the
north;Ayala Avenue, an important street that runs through the Makati CBD; and Makati Avenue,
which connects Ayala Avenue with Gil Puyat Avenue, also extending north to cross the Pasig River
to Mandaluyong. At the center of Makati is the Ayala Triangle, a park built on the former Nielsen Air
Base.

Train[edit]
The Metro Rail Transit (MRT-3) on EDSA has four stations located in
Makati: Guadalupe, Buendia,Ayala and Magallanes.
The Philippine National Railways has three stations: Buendia, Pasay Road and EDSA.
In 2013, the National Economic and Development Authority (NEDA) worked on a feasibility study for
a $1.75 billion monorail project. The proposed 12.56-kilometer elevated monorail is envisioned to
connect Makati, Bonifacio Global City and Pasay through the MRT Line 3 as well as the Ninoy
Aquino International Airport. The present alignment being considered starts from the MRT-3
(Guadalupe Station), enters Bonifacio Global City through the north gate and ends at Ninoy Aquino
International Airport Terminal 3. If approved, the monorail project can be completed by 2016. [40]
In 2015, the NEDA (National Economic Development Authority) approved the Public-Private
Partnership project for the Philippine's first subway which will have stations at key points in Makati
namely MRT3-Buendia, Ayala-EDSA, Ayala Triangle, Makati Post Office and PNR-Buendia.

Airport[edit]
The city is 20 minutes away from the Ninoy Aquino International Airport.

Water[edit]
The Pasig River is located north of Makati. The Pasig River Ferry Service has two stations:
Guadalupe and Valenzuela.

Local government[edit]

[41]

Makati City Hall

The current mayor for the 20102013 term is Jejomar Erwin S. Binay, the only son of former mayor
and now Vice PresidentJejomar Binay. Romulo Kid Pea is the city's incumbent vice-mayor. The
vice-mayor heads a legislative council consisting of 18 members: 8 Councilors from the First District,
8 Councilors from the Second District, the President of the Sangguniang Kabataan (Youth Council)
Federation, representing the youth sector, and the President of the Association of Barangay
Chairmen (ABC) as barangay sectoral representative. The council is in charge of creating the city's
policies in the form of Ordinances and Resolutions. Current district representatives of the city are
Monique Yazmin Q. Lagdameo, representing the 1st district and Mar-len Abigail S. Binay, daughter
of Jejomar Binay, for the 2nd district.

Map of Makati; note that Makati controls the northernmost tip of Barangay Post Proper Northside.

Makati is divided into 33 barangays (the smallest local government units) which handles governance
in a much smaller area. These barangays are grouped into two congressional districts where each
district is represented by a congressman in the country's House of Representatives. Congressional
District I is composed of the barangays straddling EDSA, the barangays to the north and west of
them, while excluding Guadalupe Viejo and Pinagkaisahan, while District II are to the south and east
of District I, including the two aforementioned baragays. The districts used to elect the members of
the city council are coextensive with the congressional districts.

Barangay

Population (2004)

Population (2010)[3]

Area (km2)

District

Bangkal

22,433

23,378

0.74

1st

Bel-Air

9,330

18,280

1.71

1st

Carmona

3,699

3,096

0.34

1st

Cembo

25,815

27,998

0.22

2nd

Comembo

14,174

14,433

0.27

2nd

Dasmarias

5,757

5,654

1.90

1st

East Rembo

23,902

26,433

0.44

2nd

Forbes Park

3,420

2,533

2.53

1st

Guadalupe Nuevo

22,493

18,271

0.57

2nd

Guadalupe Viejo

13,632

16,411

0.62

2nd

Kasilawan

6,224

5,291

0.09

1st

La Paz

8,843

7,931

0.32

1st

Magallanes

7,509

5,576

1.20

1st

Barangay

Population (2004)

Population (2010)[3]

Area (km2)

District

Olympia

20,172

21,270

0.44

1st

Palanan

16,614

17,283

0.65

1st

Pembo

35,035

44,803

1.23

2nd

Pinagkaisahan

6,186

5,804

0.16

2nd

Pio del Pilar

22,495

27,035

1.20

1st

Pitogo

13,367

15,332

0.14

2nd

Poblacion

8,446

17,120

0.46

1st

Rizal

37,022

41,959

3.55

2nd

San Antonio

12,226

11,443

0.89

1st

San Isidro

8,686

7,589

0.50

1st

San Lorenzo

6,487

10,006

2.09

1st

Santa Cruz

7,419

7,440

0.47

1st

Barangay

Population (2004)

Population (2010)[3]

Area (km2)

District

Singkamas

6,226

7,426

0.13

1st

South Cembo

13,570

14,672

0.20

2nd

Tejeros

16,820

13,868

0.29

1st

Urdaneta

3,817

3,717

0.74

1st

Valenzuela

5,908

7,261

0.24

1st

West Rembo

28,889

28,406

0.55

2nd

List of mayors[edit]

Marcelino Magsaysay (1901-1903)

Eusebio Arpilleda (1903-1908)

Hermogenes Santos (1908-1911)

Urbano Navarro (1911-1913)

Jos Magsaysay (1913-1916)

Pedro Domingo (1917-1919)

Ricardo Arpilleda (1919-1920)

Igmidio Flores (1920-1922)

Nicanor Garca (1922-1934)

Jose Villena (1935-1941, 1948-1954)

Pablo Cortez (1945-1947)

Ignacio Babasa (1954)

Bernardo Umali (1954)

Mximo Estrella (1956-1964)

Rafael Baola (1964-1969)

Jos Luciano (19691971)

Csar Alzona (19711972)

Nemesio I. Yabut (19721986)

Jejomar Binay (19861987, 1988-1998, 20012010)

Sergio Santos (officer-in-charge 1987-1988)

Elenita Binay (19982001)

Jejomar Erwin Binay, Jr. (currently suspended2010present)

Romulo Pea Jr. (acting 2015present)

Seal of Makati City[edit]

Seal of Makati City

The official seal of Makati depicts a silhouette of the territory of Makati. At the bottom is the Pasig
River, located on the northern border of Makati city. The Guadalupe Church stands on the river and

is the oldest church in Makati; a reference to Spanish religious influences. Behind the church rises
the modern skyscrapers, for which Makati is well-known. Behind the skyscrapers are 33 rays
representing the barangays of Makati.

International relations[edit]
Diplomatic missions[edit]
Countries that have set up permanent missions or embassies in the city include:

Argent

Cu
ba

ina

anon

Austra

lia

Cz
ech Republic

Austri
a

Brunei

Camb
odia

's Republic of
China

Ita

ly

Twin towns Sister cities[edit]

Sin

Paki

Sou
th Africa

Pale
stine

Spa
in

Vene
zuela

gapore

stan

ael

People

Sau

Nor

Isr

Unite
d Arab Emirates

di Arabia

way

Canad

Rus

Nige

Ira

Turk
ey

sia

donesia

Ro

Ne

In

Thail
and

mania

w Zealand

rmany

Net

Ge

Brazil

ar

herlands

ance

Qat

Mex

Fr

Belgiu

Switz
erland

tugal

ico

nland

Swed

Por

Mal

Fi

Lanka

en

ta

Sri

Per

Mal

Eg

Bangl

Pap
ua New Guinea

aysia

ypt

adesh

Leb

Makati's sister city is Los Angeles, California. Makati is also twinned with Ramapo, New
York andVladivostok, Russia.
International cities

Budapest, Hungary

Cluj-Napoca, Romania

Los Angeles, United States

Ramapo, New York, United States

Vladivostok, Russia

Taichung, Taiwan
Local cities

San Juan, Batangas, Philippines

Calamba City, Laguna, Philippines

Tayabas City, Quezon, Philippines

Mogpog, Marinduque, Philippines

Zamboanga City, Zamboanga Del Sur,


Philippines

Kidapawan City,North Cotabato,


Philippines

Santiago City, Philippines

Bacolod City,Negros Occidental,


Philippines

See also[edit]
Philippines portal

List of renamed cities and municipalities in the Philippines

Tourism in Manila

References[edit]
1.

Jump up^

You might also like