The street will not be re-opened to traffic until 6 a.m. tomorrow.
The activity is expected to transform the busy thoroughfare into a party place where rows of bars and gimmick spots will be set up in the street.
The event, sponsored by San Miguel Beer, will feature a free concert that will present Philippine pop and retro bands, top-billed by The Dawn.
Entertainment establishments in the vicinity will also put up their own shows. They gave assurances that food and beverages will be sold at popular prices.
Makatis Department of Public Safety (DPS) will open Makati Avenue to two-way traffic during the closure of P. Burgos, specifically from Makati Avenue to Kalayaan Avenue.
Motorists are advised to take the following alternative route: Vehicles going to Kalayaan Avenue from Makati Avenue should turn right at Jupiter St., left at Polaris St., left at Erbo St., left at Mercedes St. and exit to Kalayaan Avenue.
The 336th Araw ng Makati, with the theme "Celebrate Nature," is presented by Mayor Jejomar Binay and the Makati City governments partners Ayala Land, Makati Commercial Estates Association, Rockwell Land, Jollibee, Petron, Smart, Sea N Air Golf Club, Tan Yueng Kee Foundation, Splash Corporation, Honda, Castrol Oil, FedEx, Pepsi, Burlington, Bank of Commerce, Caltex Philippines, Export Import Bank, Chowking and Canon. Michael Punongbayan