Hato Rey is home to the Milla de Oro financial district, José Miguel Agrelot Coliseum, Hiram Bithrom Stadium, Telumundo International television network headquarters, and Plaza Las Américas shopping mall, among others.

[1] Its proximity to residential areas such as San Juan, Río Piedras, Miramar made it a perfect location from where to produce what its residents would eat.

It is one of the most important centers of Puerto Rico and the Caribbean's economy and many upper middle class condominiums are also located here.

The José Miguel Agrelot Coliseum and the Tren Urbano metro system have also reshaped Hato Rey by bringing people and business into the area after work hours.

[citation needed] Phi Sigma Alpha fraternity's main headquarters are located in Mexico Street in Hato Rey.