close

Makati: The Original Philippine CBD

Before Makati became a bustling central business district, the city had undergone several major makeovers. Starting out as a marshland that eventually became a Spanish settlement, none could've foreseen what Makati is today: modern, vibrant, and an international city where people from all over the world gather for business and leisure.

Makati's Early History

Historically known as San Pedro de Makati, the then-settlement was under the jurisdiction of Franciscan friars from 1600-1700. Two of the Philippines' oldest Catholic churches — Nuestra Señora de Gracia in Guadalupe and the Church of Saints Peter and Paul — are located in Makati.  

Almost two centuries later in 1890, the town was officially decreed as a public town of Manila. San Pedro de Makati would also prove to be focal point of opposition against the Spanish, with the area's local Katipunan council under Pio del Pilar demonstrating acts of resistance against the country's Spanish colonizers.

After the events of the Spanish-American War, the Americans took full control of Luzon, including San Pedro de Makati. In June 11, 1901 under Commonwealth Act No. 137, the area was added to the province of Rizal. Later that year, Fort William McKinley (now known as Fort Bonifacio) was built as a military reservation.

Makati's Early History

Historically known as San Pedro de Makati, the then-settlement was under the jurisdiction of Franciscan friars from 1600-1700. Two of the Philippines' oldest Catholic churches — Nuestra Señora de Gracia in Guadalupe and the Church of Saints Peter and Paul — are located in Makati.  

Almost two centuries later in 1890, the town was officially decreed as a public town of Manila. San Pedro de Makati would also prove to be focal point of opposition against the Spanish, with the area's local Katipunan council under Pio del Pilar demonstrating acts of resistance against the country's Spanish colonizers.

After the events of the Spanish-American War, the Americans took full control of Luzon, including San Pedro de Makati. In June 11, 1901 under Commonwealth Act No. 137, the area was added to the province of Rizal. Later that year, Fort William McKinley (now known as Fort Bonifacio) was built as a military reservation.

IMPORTANT EVENTS ACROSS MAKATI'S HISTORY

1910s-1930s

The Philippine Legislature Act No. 2390 shortened the name of the town form San Pedro de Makati to its present name of Makati. The 1930s saw the rise of Nielsen Field, the Philippines' first airport, along with a long stretch of tracks eventually used by the Philippine National Railways. 

1950s-1980s

The barangays Forbes Park, Urdaneta, San Lorenzo, and Bel-Air were established by Ayala y Compania (now Ayala Corporation), along with the first office buildings in the area. By the 1960s, Makati became the country's financial capital. In 1975, Makati was separated from Rizal Province and became part of the National Capital Region. The 1980s saw Makati become a pedestal for protests against former president Ferdinand E. Marcos.

1990s-2000s

The Ayala Triangle, which houses the country's finest shopping establishments, now stand at the heart of the city. An office of the Philippine Stock Exchange was also built along Ayala Avenue in 1992. This period also saw Jejomar Binay assume office as Makati's mayor, spearheading the construction of many buildings in the early 90s, eventually leading to Makati's full cityhood in 1995. In the 2000s, Makati saw the rise of the PBCom Tower, which is still the country's tallest skyscraper.

Present Day Development

Today, Makati is still a major hub of progress as more planned projects are expected to rise in the city. The construction of Ayala Triangle Tower 2, the continued development of the Circuit Makati, and other developments inside and outside of the CBD ensures that the city will continue to be a hot-zone for incoming multinationals and even startups.

If you require a private office or coworking space in Makati City, KMC can provide you with an extensive list of managed facilities in the district. Our portfolio of serviced offices is the largest in the Philippines, and each office space is fully furnished to meet the demands of companies of any size and in any industry.

Contact us today if you're looking for an instant office solution in Makati City.

 

CONTACT US

 

Present Day Development

Today, Makati is still a major hub of progress as more planned projects are expected to rise in the city. The construction of Ayala Triangle Tower 2, the continued development of the Circuit Makati, and other developments inside and outside of the CBD ensures that the city will continue to be a hot-zone for incoming multinationals and even startups.

If you require a private office or coworking space in Makati City, KMC can provide you with an extensive list of managed facilities in the district. Our portfolio of serviced offices is the largest in the Philippines, and each office space is fully furnished to meet the demands of companies of any size and in any industry.

Contact us today if you're looking for an instant office solution in Makati City.

 

CONTACT US