Tower One & Exchange Plaza is one of the tallest
skyscrapers in the
Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no),
* bik, Republika kan Filipinas
* ceb, Republika sa Pilipinas
* cbk, República de Filipinas
* hil, Republ ...
. It is located in the
Makati Central Business District
The Makati Central Business District (Makati CBD), is a financial and central business district in the Philippines located in the heart of Makati in Metro Manila. It is politically known as "Central Cluster" in the West District of Makati. ...
and has a height of . The building has 35 floors above ground level,
and is originally planned to be the first of three towers for the
Ayala Triangle. Plans for the construction of the two additional buildings did not materialize though. The area composes of 3 buildings, Ayala Tower One, The Makati Stock Exchange (MkSE) and the former trading floor of the
Philippine Stock Exchange
The Philippine Stock Exchange, Inc. ( fil, Pamilihang Sapi ng Pilipinas; ) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Includin ...
, along with 2 buildings under construction.
Tower One & Exchange Plaza was designed by
Skidmore, Owings and Merrill, LLP.
Leandro V. Locsin & Partners was the local architect of record.
[ The building is owned by ]Ayala Land
Ayala Land, Inc. (ALI) is a real estate firm based in the Philippines. It is a subsidiary of Ayala Corporation. It began as a division of Ayala Corporation until it was spun off and incorporated in 1988. It became publicly listed in the Phi ...
, a subsidiary of the Ayala Corporation
Ayala Corporation (Spanish: ''Corporación Ayala'', formerly ''Ayala y Compañía'' (Ayala & Company)) is the publicly listed holding company for the diversified interests of the Ayala Group. Founded in the Philippines by Domingo Róxas and A ...
, which is headquartered in the building (see Ownership). Other institutions headquartered at Ayala Tower One include the primary trading floor of the Philippine Stock Exchange
The Philippine Stock Exchange, Inc. ( fil, Pamilihang Sapi ng Pilipinas; ) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Includin ...
(Until February 2018) and Banco de Oro Universal Bank (BDO). It is the headquarters of the Ayala Corporation, the company that built the Makati Central Business District.
Location
The building is located at the corner of Ayala Avenue and Paseo de Roxas
Paseo de Roxas is a prime commercial artery in the Makati Central Business District of Metro Manila, Philippines. It is a two- to six-lane avenue that cuts through the middle of the business district connecting San Lorenzo Village in the west to B ...
, on one of the three ends of the Ayala Triangle Gardens
The Ayala Triangle Gardens is a landscaped urban park in Makati, Metro Manila, Philippines. It is a triangular public garden and courtyard in the center of the Makati Central Business District. It was named after its owner and developer Ayala ...
. Tower One & Exchange Plaza is located near two other famous buildings, the headquarters of Bank of the Philippine Islands
Bank of the Philippine Islands ( fil, Bangko ng Kapuluang Pilipinas, es, Banco de las Islas Filipinas, commonly known as BPI; ) is a universal bank in the Philippines. It is the first bank in both the Philippines and Southeast Asia. It is t ...
, an Ayala Corporation company, and the former main office of Insular Life.
History
This building was built solely as a response to the Philippine Stock Exchange
The Philippine Stock Exchange, Inc. ( fil, Pamilihang Sapi ng Pilipinas; ) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Includin ...
relocating from Makati to the Tektite Towers - West Tower in Ortigas Center. Ayala Land was hoping that the Philippine Stock Exchange
The Philippine Stock Exchange, Inc. ( fil, Pamilihang Sapi ng Pilipinas; ) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Includin ...
would reconsider its plan. It did not completely succeed with its attempt to keep the stock exchange exclusively in Makati since the Philippine Stock Exchange ultimately decided to have two trading floors: one each in Makati and Ortigas Center.[Emporis.co]
''Tower One & Exchange Plaza''
/ref>
Ownership
The building is strata title
Strata title is a form of ownership and housing tenure devised for multi-level apartment blocks and horizontal subdivisions with shared areas. The word "strata" refers to apartments being on different levels.
Strata title was first introduced ...
having multiple unit owners.
References
External links
Tower One & Exchange Plaza
Ayala Tower One at Emporis
{{Manila Skyscrapers
Skyscrapers in Makati
Makati Central Business District
Office buildings in Metro Manila
Skyscraper office buildings in the Philippines
Office buildings completed in 1996
Towers completed in 1996
Skidmore, Owings & Merrill buildings