Emancipation Avenue (Spanish: Avenida Emancipación; Avenida de la Emancipación), formerly known as Jirón Arequipa and Jirón Riva-Agüero,[1] is a major avenue in the Damero de Pizarro, located in the historic centre of Lima, Peru.

The street starts at its intersection with the Jirón de la Unión and continues until it reaches the Plaza Ramón Castilla.

[2] The road that today constitutes the street was laid by Francisco Pizarro when he founded the city of Lima on January 18, 1535.

Prior to this renaming, each block (cuadra) had a unique name: At the beginning of the 20th century, the Palais Concert [es] was located on its first block, a café that brought together among its regulars several figures from the intellectual life of Lima at that time, such as Abraham Valdelomar, José Carlos Mariátegui and César Vallejo.

At the beginning of the 1970s, during the military government of Juan Velasco Alvarado, a plan was executed that consisted of widening the old Jirón Arequipa, which until then was an old road that preserved its narrow shape since colonial times.