Ayala Avenue 4.61

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. Part of Ayala Avenue forms Circumferential Road 3. Because of the many businesses located along the avenue, Ayala Avenue is nicknamed the Wall Street of the Philippines. It is also a major link between Epifanio de los Santos Avenue (EDSA) and Metropolitan Avenue.HistoryAyala Avenue's segment from Paseo de Roxas to Makati Avenue used to be a runway of the Nielson Airport, which was one of the first airports built in Luzon. 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 J.P. Rizal Avenue to Metropolitan Avenue) at Metropolitan Avenue. The last extension is a northbound lane connecting South Avenue. When the Manila Metro Rail Transit System was established, its flyover was added for left turns onto EDSA heading to Monumento.