59-600: Seda (formerly known as Kukun , occasionally referred to as Seda Hotels ) is a Philippine brand of hotels owned and operated by Ayala Land Hotels and Resorts , a subsidiary of Ayala Corporation . The first hotel under the Seda brand began operations in 2012 with the opening of Seda BGC at the Bonifacio Global City in Taguig , Metro Manila , Philippines . The hotel chain has 11 branches as of 2020, all located in
118-516: A central business district . The 179-room hotel is located close to Ayala Mall's high-end shopping centers such as Bonifacio High Street , Serendra and Market! Market! . The second Seda Hotel, the 150-room Seda Centrio, opened in the same year in Cagayan de Oro beside the Centrio shopping mall owned by Ayala Malls. In January 2013, the hotel brand was renamed from Kukun to Seda. In June 2013,
177-549: A church in honor of his namesake, Saint Peter the Apostle , and endowed 14,000 pesos for its construction. The church, later known as San Pedro Macati Church , was completed in 1620. While under the jurisdiction of the Franciscan friars during the 17th century, it was established as a town on June 1, 1670 under the name San Pedro Macati out of Santa Ana de Sapa. The nearby Nuestra Señora de Gracia Church , changed into
236-676: A dominant office market in Metro Manila alongside Taguig and Pasig . As of 2023, Taguig had the highest share of existing office supply in Metro Manila at 26 percent, followed by Makati at 20 percent. Makati is the second top revenue earner in the National Capital Region , following Quezon City at first place. The city has not increased its tax rates since its new Revenue Code took effect in 2006, and has been free of deficit for about three decades. Most of
295-527: A hotel within its property adjacent to Ayala Center Cebu , which led to the closure of Cebu City Marriott Hotel on 1 January 2018. The hotel opened eight months later on 19 August 2018 as Seda Ayala Center Cebu, the eighth Seda hotel, after its refurbishment to conform to the Seda brand. Another Seda hotel, the 214-room Seda Central Bloc , opened at the Cebu IT Park in February 2020 as the 11th hotel in
354-528: A minority stake in Malaysian property developer MCT Bhd. in a ₱ 1.9-billion ( US$ 43-million ) deal. Ayala Land's hospitality arm Ayala Land Hotels and Resorts which operates Raffles Makati and Seda Hotels as well as El Nido Resorts in the Philippines, has been facing negative publicity for using of battery-cage eggs in its supply chain. Due to the cruel conditions on those farms, as well as
413-632: A park called Ayala Triangle Gardens are also located in the area. The Makati Business Club has over 800 chief executive officers and senior executives, which represents 450 of the country's biggest corporations. The biggest trading floor of the Philippine Stock Exchange used to be situated along the city's Ayala Avenue , before the stock exchange moved their headquarters to the Bonifacio Global City in Taguig . The city has an office space supply of 2.8 million square meters (30 million square feet) as of end-2021, making it
472-979: A premier shopping and cultural district in the metropolis. 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, The Link, and Ayala Malls One Ayala . The Ayala Center is also home to three department stores, namely: SM Makati, Rustan's , and The Landmark . Other shopping centers in Makati include Power Plant Mall at Rockwell Center , Century City Mall at Century City, Ayala Malls Circuit at Circuit Makati , Cash & Carry Mall, Walter Mart Makati, Makati Central Square (formerly Makati Cinema Square), Guadalupe Commercial Center, Paseo de Magallanes, and pocket malls at various high-rise residential condominiums or office buildings in
531-466: A reduction of the city's population to about 292,743. The daytime population of the city is estimated to be more than three million during a typical working day because of the large number of people who go to the city to work, shop, and do business. The name of Makati originates from the Tagalog word kati , meaning "[of the] low tide " or "[of the] ebb tide ", attributing to the tidal movements of
590-699: A third branch of Seda Hotels opened in Davao City , the 186-room Seda Abreeza, located near Ayala Malls Abreeza. A fourth branch, the 150-room Seda Nuvali, opened in March 2014 inside Ayala Land's Nuvali estate in Santa Rosa, Laguna . The fifth branch, the 152-room Seda Atria, opened in March 2015 near Ayala Malls Atria in Iloilo City in time for the 2015 Asia-Pacific Economic Cooperation Summit events that were held there. In January 2014, Seda Hotels became
649-715: A total inventory of 521 rooms. On 2 November 2019, the 10th Seda Hotel and the first branch to serve as serviced apartments, the Seda Residences Makati, opened at the first tower of the Ayala North Exchange Complex on the corner of Amorsolo and Salcedo Streets in Makati , Metro Manila. The serviced apartments has 293 rooms, restaurant, bar, and a swimming pool, and is located close to Glorietta and Greenbelt shopping malls owned by Ayala Malls. In 2017 and 2018, Ayala Land announced that it
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#1732776324615708-521: Is a highly urbanized city in the National Capital Region of the Philippines , known for being one of the leading financial centers in the country. As of 2013, the city has the highest concentration of multinational and local corporations in the Philippines. Major banks, corporations, department stores as well as foreign embassies are based in Makati. Makati is also known for being a major cultural and entertainment hub in Metro Manila . According to
767-441: Is divided into 23 barangays (the smallest local government units) which handle 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 . The 1st Congressional District is composed of the barangays straddling EDSA , the barangays to the north and west of them, while excluding Guadalupe Viejo, while
826-652: Is home to a number of fine art museums, colonial-era churches and recreation areas. Along the south-eastern border of Makati beyond Forbes Park are the Manila Golf Club and the Manila Polo Club . The Manila 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
885-464: Is investing ₱ 10 to 15 billion to expand its Seda Hotels chain to 11 branches and 3,268 rooms by 2020. The new branches announced are located near Ayala Corporation properties, particularly Seda Circuit Makati, Seda Arca South in Taguig, Seda Manila Bay beside Ayala Malls Manila Bay , and the second tower of Seda Nuvali. The flagship branch of Seda Hotel to be built at One Ayala , named Seda One Ayala,
944-502: 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. 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
1003-484: Is remembered for the Marcos administration's record of human rights abuses , particularly targeting political opponents, student activists, journalists, religious workers, farmers, and others who fought against the Marcos dictatorship. Makati was the setting of what is believed to be the single biggest case of involuntary disappearance during martial law – the case of the " Southern Tagalog 10 " – ten activists from
1062-435: The 2nd Congressional District is to the south and east of the 1st District, including the aforementioned barangay. The districts elect the sixteen members of the city council , eight from each of the two councilor districts that are coextensive with the congressional districts. Cembo, South Cembo, West Rembo, East Rembo, Comembo, Pembo, Pitogo, Post Proper Northside , Post Proper Southside , and Rizal, collectively known as
1121-573: The Embo barangays , were officially part of Makati from 1986 to 2023, when these were transferred to Taguig by virtue of the Supreme Court 's ruling that year to finally side with Taguig regarding the cities' territorial dispute. Under the Köppen climate classification system, the city features a tropical monsoon climate . Together with the rest of the Philippines, Makati lies entirely within
1180-619: The Zóbel de Ayala family , purchased the estate from the Jesuits for 52,800 pesos and named it " Hacienda San Pedro de Macati". Since then, the development of Makati has remained linked with the Zóbel de Ayala family and their company, Ayala Corporation . In 1890, San Pedro de Macati was proclaimed as a public town of Manila province . In 1901, San Pedro Macati was incorporated into the newly established province of Rizal . On February 28, 1914,
1239-553: The tallest skyscrapers in Metro Manila and the Philippines are located in Makati. Among them are the PBCom Tower , Trump Tower Manila and Gramercy Residences in Century City , Discovery Primea , Shang Salcedo Place , and G.T. International Tower . PBCom Tower along Ayala Avenue was the country's tallest office building from 2001 to 2017, with a total ground-to-architectural-top height of 259 meters (850 ft). It
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#17327763246151298-652: The "Our Lady of Guadalupe" church, welcomed an image of the Virgin Mary and devotees from Mexico , and one person from a family in Makati, the Montes De Oca family, which produced Isidoro Montes de Oca , who became pivotal in the Mexican war of Independence against Spain. This parish had a large spiritual jurisdiction in the province of Tondo (later known as Manila), extending up to the present-day Muntinlupa . In 1851, Don José Bonifacio Roxas, an ancestor of
1357-444: The 2020 census, Makati had a population of 629,616. The count was later reduced to 292,743 in 2023 based on the same census when the Embo barangays were transferred to Taguig as a result of the cities' territorial dispute ruling. Makati currently ranks 14th in population size within Metro Manila . A majority of Makati residents identified their religious affiliation as Roman Catholic . Other groups having large number of members in
1416-467: The 2020 census, it had a population of 629,616 people, making it as the 47th most populous city in the country and ranked as the 43rd most densely populated city in the world with 19,336 inhabitants per square kilometer or 50,080 inhabitants per square mile. In 2023, the ten Embo barangays were removed from Makati's jurisdiction as a result of the Makati–Taguig boundary dispute ruling, resulting in
1475-494: The Inner Fort Bonifacio area: Post Proper Northside and Post Proper Southside . On November 7, 1975, Makati was separated from Rizal province to become part of the National Capital Region as a component municipality. The beginning months of the 1970s marked a period of turmoil and change in the Philippines, particularly for the areas near the capital. A sudden glut of debt driven public works projects in
1534-420: The Philippines as one of countries most affected by catastrophes due to extreme weather events. Makati is a low-lying, coastal city vulnerable to natural calamities intensified by climate change, such as typhoons, floods, and landslides. The city's disaster risk reduction and management office noted a rise in rainfall experienced by the city over the years, particularly during the rainy season. In August 2022,
1593-524: The Philippines. Seda Hotels was established in 2012 as one of the hotel brands of Ayala Land Hotels and Resorts, which is a subsidiary of Ayala Land, one of the companies owned by the Ayala Corporation of billionaire entrepreneurs Jaime and Fernando Zobel de Ayala . It was meant to be urban lifestyle hotel chain catering to business travelers and upper income visitors but located near Ayala Land's chain of shopping malls, Ayala Malls . The hotel
1652-636: The Schools Division Office (SDO) of Makati City oversees 23 public schools: 16 elementary schools and 7 high schools. In 2023, as a result of the Makati–Taguig boundary dispute ruling, 14 public elementary and high schools, including the Makati Science High School , were transferred from the SDO of Makati City to the SDO of Taguig City and Pateros. Makati later appealed to the national Department of Education to retain
1711-516: The adjacent Pasig River . Alternatively, the word may also mean "itchy", attributed to the lipang kalabaw plant ( Dendrocnide meyeniana ) that once grew in the area. Previously, it was named San Pedro [de] Macati, a name stylized in Spanish . The first part of the name is derived from Spanish for Saint Peter , the then-town's patron saint, chosen by his namesake, Spanish captain Pedro de Brito, as
1770-483: The area, culminating in the 1986 People Power Revolution that toppled Marcos' 20-year authoritarian regime . His political rival and successor, Corazon Aquino –the wife of the deceased senator Aquino–became the eleventh and first female president of the Philippines. In January 1986, by virtue of Presidential Proclamation No. 2475, s. 1986, Fort Bonifacio and the Embo barangays of Cembo, South Cembo, West Rembo, East Rembo, Comembo, Pembo and Pitogo were transferred to
1829-723: The chain. In September 2018, Seda opened its ninth hotel and first beach resort in El Nido , Palawan . The 153-room Seda Lio is located within Ayala Land's Lio Tourism Estate in Barangay Cadlao. It is located close to the Lio Airport which Ayala Corporation owns and operates to bring tourists to the estate via its airline, AirSWIFT . Seda opened a second tower of Seda BGC in June 2019. The 342-room tower brought Seda BGC to
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1888-528: The city are the Church of Jesus Christ of Latter-day Saints , Members Church of God International , Evangelical Christians , Iglesia ni Cristo , Protestantism , Islam , Hinduism , Buddhism and Judaism . Based on the city's Transport and Traffic Improvement Plan 2004–2014, the city's daytime population is estimated to be 3.7 million during weekdays, owing to the large number of people who come to work, do business, or shop. The daily influx of people into
1947-582: The city government declared a climate emergency , amid rising sea levels and global temperature changes. Makati undertakes climate adaptation programs to address vulnerabilities to climate change, which include health services to residents, emergency response, and environmental management and protection. It intends to increase projects to address climate change, including a planned purchase of more electric vehicles, installation of solar panels in public schools and government offices, and improvement of public transport to lessen greenhouse gas emissions . As of
2006-579: The city have established branch or satellite campuses in Makati. These include the Ateneo de Manila University (Ateneo Professional Schools), De La Salle University , Far Eastern University , Mapúa University , Lyceum of the Philippines University , Centro Escolar University , and AMA Computer College Colleges , among others. Australian Catholic University , a foreign institution, maintains an extension program in Makati. As of 2024,
2065-433: The city provides the skilled labor force that allows Makati to handle the service requirements of domestic as well as international transactions; it also serves as the base of a large consumer market that fuels the retail and service trade in the city. At the same time, however, the large tidal population flows exert pressure on Makati's environment, services, and utilities, most noticeably causing large traffic volumes along
2124-710: The city. The University of Makati , a public, non-profit university, is the city's flagship university located in West Rembo , its former barangay that is now part of Taguig . Other institutions of higher education located in the city include the Asian Institute of Management (AIM), iAcademy , Asian Seminary of Christian Ministries (ASCM), Don Bosco Technical Institute of Makati , Assumption College San Lorenzo , Saint Paul College of Makati , Our Lady of Guadalupe Minor Seminary, and Asia Pacific College . Several higher education institutions headquartered outside
2183-467: The constitutional requirement of 250,000 people and the city may be reduced back to a single congressional district . But pending legislation, the status quo of its existence is expected to prevail. Makati is located within the circle of 14′40″ °N and 121′3″ °E right at the center of Metro Manila. The city is bounded on the north by the Pasig River , facing Mandaluyong , on the east by Taguig , on
2242-488: The control of Makati. The proclamation was contested by Taguig because it altered the municipality's boundaries unconstitutionally, which resulted in a three-decade long territorial dispute . After Mayor Nemesio Yabut succumbed to an illness on February 25, 1986, coinciding with the last day of the People Power Revolution, Aquino appointed Jejomar Binay as acting mayor of Makati two days later; he
2301-486: The decades-long territorial dispute with Taguig , which was ruled with finality a year later in April 2023. The city ceded its territorial and political jurisdiction of the ten Embo barangays to Taguig , thus losing an estimated 300,000 people from its population. Because of Taguig's territorial takeover, 10 barangays out of 13 barangays were removed from Makati's 2nd district , which put it into limbo as it does not meet
2360-831: The first hotel chain in the Philippines to undergo accreditation for Certified Guest Service Professionals (CGSP) from the American Hotels and Lodging Educational Institute. Seda opened its sixth hotel and its first hotel in Quezon City , the 438-room Seda Vertis North, at Ayala Land's Vertis North development at the city's Triangle Park district in April 2017. The seventh Seda Hotel, the 154-room Seda Capitol Central, located within Ayala Land's Capitol Central development in Bacolod , Negros Occidental , opened in April 2017. In October 2017, Ayala Land terminated its 20-year contract with Marriott Hotels & Resorts to operate
2419-558: The health risks associated with eggs produced in battery cages, the European Union Council Directive 1999/74/EC banned caged farms back in 2012. Ayala Land posts strong Q1 2017 profit, up 18% at 5.56B Makati Makati ( / m ə ˈ k ɑː t i / mə- KAH -tee ; Tagalog pronunciation: [mɐˈkaː.t̪ɪ] ), officially the City of Makati ( Filipino : Lungsod ng Makati ),
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2478-570: The late 1960s led the Philippine economy to a sudden downward turn known as the 1969 Philippine balance of payments crisis , which in turn led to a period of economic difficulty and social unrest. With only a year left in his last constitutionally allowed term as president Ferdinand Marcos placed the Philippines under Martial Law in September 1972 and thus retained the position for fourteen more years. This period in Philippine history
2537-620: The major road corridors leading to the city as well as within and at the periphery of the central business district. Poverty incidence of Makati Source: Philippine Statistics Authority The economy of Makati is diverse and multifaceted. Makati is the home to the Ayala Triangle in the Makati Central Business District , which is home to many multinational companies, banks, and other major businesses. A few upscale boutiques, restaurants, and
2596-522: The management of Makati Science High School, Fort Bonifacio Elementary School, and Fort Bonifacio High School, but the city's appeal was denied, leaving the city without a science high school. Rafael Palma Elementary School, which is under the jurisdiction of the neighboring city of Manila 's Schools Division Office , is located in Barangay La Paz, near the Makati–Manila boundary. Makati
2655-643: The name of the town was shortened to its present name of Makati , under Philippine Legislature Act No. 2390. As of 1934, Makati had 14 barrios according to the Rizal provincial directory, namely: Poblacion , Comandante Carmona , Culiculi (present-day Pio del Pilar), Guadalupe, Fort McKinley , Malapadnabato (present-day West Rembo), Masilang (present-day South Cembo), Kasilawan, Olimpia (Olympia), Palanan, Pinagkaisajan (Pinagkaisahan), Rural, Sampalukan, and Tejeros. Fort McKinley, Malapadnabato, and Masilang were previously parts of Pateros . On January 1, 1942, Makati
2714-618: The nearby Southern Tagalog region, mostly in their twenties, who were abducted in late July 1977 at the Makati Medical Center . Following the assassination of opposition senator Benigno Aquino Jr. on August 21, 1983, Makati became a nexus for protests against the dictatorship of President Ferdinand Marcos . Known as the Confetti Revolution , the demonstrations held in the central business district were led partly by employees of major corporations based in
2773-463: The patron of his encomienda "Hacienda Pedro" (now part of the present-day city). Having been named as such, residents corrupted the name to “Sampiro,” which used to refer to both the then-town and its namesake church . Parts of Makati were once subject to the pre-Hispanic Kingdom of Namayan , whose capital is now in the Santa Ana district of Manila . Parts of Makati became a visita of
2832-465: The seventh city in Metro Manila. The law was approved by a plebiscite one month later, on February 2, 1995, by majority of voters. On May 17, 2000, at 5:02 p.m. PHT , the Glorietta mall located inside the Ayala Center was bombed, injuring 13 persons. According to local authorities, the homemade bomb originated from the restroom of a restaurant and affected an adjacent video arcade. The bombing
2891-584: The southwest by Pasay , and on the northwest by the city of Manila . Creeks such as the Estero de Tripa de Gallina mostly on the west, Maricaban Creek on the south, and San Jose Creek on the east, form parts of Makati's city boundary. Makati has a total land area of 21.57 square kilometers (8.33 sq mi). Its territory also surrounds the Manila South Cemetery , an exclave of San Andres district of Manila . Since November 2023, Makati
2950-401: The subsequent closure of Nielson Field , the town grew rapidly, and real estate values boomed. The first of the planned communities (in what are now the barangays Forbes Park , Urdaneta, San Lorenzo, and Bel-Air established during those times) were established in the 1950s with the efforts of its landowner, Ayala y Compañía . At the same time, Fort McKinley, then renamed Fort Bonifacio , and
3009-436: The then Philippine Army headquarters, became the starting point for the building up of seven more communities by military families who worked in the base area. New office buildings were built on what is now the Makati Central Business District (CBD). Since the late 1960s, Makati has transformed into the financial and commercial capital of the country. In December 1972, two barrios (later barangay) of Makati were established at
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#17327763246153068-537: The then-town of Santa Ana de Sapa in 1578, during the Spanish colonial era . In 1589, Captain Pedro de Brito, then an aide to the Spanish Army chief of staff, purchased a land encompassing the present-day Poblacion with a public bid of 1,400 pesos, and established his encomienda named "Hacienda Pedro". In 1608, he and his wife Ana de Herrera donated half of land to the Jesuits , with the condition of building
3127-451: The tropics. Its proximity to the equator means that the temperature range is very small, rarely going lower than 20 °C (68 °F) or going higher than 38 °C (100 °F). However, humidity levels are usually very high which makes it feel much warmer. It has a distinct, albeit relatively short dry season from January through May, and a relatively lengthy wet season from June through December. The Global Climate Risk Index 2021 lists
3186-777: Was later announced and is set to open in 2024. Ayala Land Ayala Land, Inc. ( ALI ) is a full line 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 Philippine Stock Exchange (PSE: ALI) in July 1991. Its core businesses are in strategic landbank management, residential development , retail shopping centers, corporate businesses, and hotels & resorts. Support businesses are in construction and property management . ALI also derives other income from its investment activities and sale of non-core assets. Last April 2015, ALI bought
3245-527: Was one of the municipalities of Rizal merged alongside Manila and Quezon City to form the City of Greater Manila as an emergency measure by President Manuel L. Quezon . It regained its pre-war status as a municipality of Rizal when the City of Greater Manila was dissolved by President Sergio Osmeña effective August 1, 1945. After the destruction that the Second World War brought upon Manila, and
3304-461: Was originally called Kukun. Ayala Land had originally preferred the name Cocoon, but settled for the stylised Kukun as the former had already been taken by another Manila boutique hotel. The name of the hotel comes from the Tagalog word for silk . All of its hotels were designed by Filipino architect Conrad Onglao. The first Seda Hotel opened in December 2012 at the Bonifacio Global City (BGC),
3363-605: Was said to be the precursor of the May 21, 2000 SM Megamall bombing and the Rizal Day bombings . On October 19, 2007, an explosion in Glorietta 2 left eleven people dead and injured more than a hundred. Initially, authorities said that it was caused by a liquefied petroleum gas explosion at a restaurant, but later began investigating the possibility that the explosion may have been a C-4 bomb . In April 2022, Makati lost in
3422-548: Was subsequently elected as mayor in 1988. During the 1989 Philippine coup attempt , the Makati central business district was occupied by Reform the Armed Forces Movement forces seeking to overthrow President Corazon Aquino . The resulting standoff lasted from December 2 to 9 and contributed to massive financial losses incurred due to the paralysis in the economic hub. On January 2, 1995, President Fidel V. Ramos signed Republic Act No. 7854, making Makati
3481-550: Was surpassed in 2017 by the Metrobank Center in Taguig with a total architectural height of 318 m (1,043.3 ft). In addition, Evangelista Street in Barangay Bangkal is known for being the site of automobile repair shops, replacement automobile parts stores, tire and wheel stores, car air-conditioning unit repair shops, and car tint stores, almost similar to Banawe Street in Quezon City . Makati
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