Ayala Tower One Explained

Tower One & Exchange Plaza
Location:6767 Ayala Avenue corner Paseo de Roxas, Makati, Philippines
Coordinates:14.5565°N 121.0223°W
Building Type:office
Status:Complete
Start Date:1993
Completion Date:1996
Opening:1996
Roof:1602NaN2
Floor Count:35 above ground
Elevator Count:15
Structural Engineer:Aromin & Sy + Associates, Inc.
Main Contractor:D.M. Consunji, Inc. (DMCI), Local Architect of Record: Leandro V. Locsin & Partners
Developer:Ayala Land, Inc.
Owner:Ayala Corporation
Management:Ayala Property Management Corporation
References:[1] [2] [3]

Tower One & Exchange Plaza is one of the tallest skyscrapers in the Philippines. It is located in the Makati Central Business District and has a height of 160m (530feet). The building has 35 floors above ground level,[4] 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 until 2021, due to the completion of the Ayala Triangle North complex. The area adjacent to the tower composes of 3 buildings, the Ayala Tower One, The Makati Stock Exchange (MkSE) and the former trading floor of the Philippine Stock Exchange.

Tower One & Exchange Plaza was designed by Skidmore, Owings and Merrill, LLP. Leandro V. Locsin & Partners was the local architect of record.[2] [3] The building is owned by Ayala Land, a subsidiary of the Ayala Corporation, which is headquartered in the building. Other institutions that headquartered at Ayala Tower One include the primary trading floor of the Philippine Stock Exchange (Until February 2018) and Banco de Oro Universal Bank (BDO). The tower also served as the headquarters of the Ayala Corporation, the company that built the Makati Central Business District, from its opening in 1996 to 2021, as the company moved its headquarters to the Ayala Triangle Gardens Tower 2, which is also located close within the vicinity of the Ayala Triangle complex.

Location

The building is located at the corner of Ayala Avenue and Paseo de Roxas, on one of the three ends of the Ayala Triangle Gardens. Tower One & Exchange Plaza is located near two other famous buildings, the headquarters of Bank of the Philippine Islands, 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 relocating from Makati to the Tektite Towers - West Tower in Ortigas Center. Ayala Land was hoping that the Philippine Stock Exchange 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.[5]

Ownership

The building is strata title having multiple unit owners.

External links

Notes and References

  1. Web site: List of Makati Projects . October 24, 2008 . https://web.archive.org/web/20070611034521/http://www3.hlurb.gov.ph/yabbse/attachments/makati_projects.pdf . June 11, 2007 . dead .
  2. D.M. Consunji, Inc. Signature Projects - Ayala Triangle
  3. Aromin & Sy + Associates, Inc. Projects - Ayala Tower
  4. Web site: Savills. K. M. C.. Ayala Tower One and Exchange Plaza. April 13, 2021. kmcmaggroup.com. en.
  5. Emporis.com Tower One & Exchange Plaza