Milla de Oro (lit. "Golden Mile") is a nickname given to a one mile stretch portion of the Ponce de León Avenue in Hato Rey, San Juan, Puerto Rico. The stretch is famous for the abundance of local, federal and international bank and financial company headquarters and buildings, usually side by side of one another, which have led some to call it the "Wall Street of the Caribbean"[1].
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Milla de Oro has received criticism from nearby communities for its lonely and dark environment after work hours. In order to foster tourism and economic growth in the area, the state government has planned to convert the district into a more community friendly sector by attracting tourists, visitors, and local residents to the district during after hours through concerts, retail shops, and nightspots.
The first phase of this conversion was to locate the José Miguel Agrelot Coliseum and several Tren Urbano stations in the district. Banco Popular recently inaugurated a new project near its headquarters called Fine Arts Cinemas at Popular Center, a state-of-the-art repertory cinema exhibiting foreign and independent films and a deli-café with a varied menu including coffee, beer and wine. New residential apartments and a 31 story high commercial complex near the Coliseum are being developed in the area as well.
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