Colon Street introduction: Colon Street, located in the area where Parian or Tang people live, is the heart of the city. It is the oldest street in Cebu City and even in the Philippines. It is said to be named in memory of the navigator Columbus. It is the bustling commercial center of Cebu during the day and transforms into a colorful entertainment area at night. Monuments erected in the street mark its honorary status as the oldest street.