The pier bears the name of banker, businessman and politician Victor Emilio Estrada Sciaccaluga (son of former Ecuadorian President Emilio Antonio Estrada Carmona), born in Guayaquil on May 22, 1891; he died on February 21 of 1954. He was an entrepreneur with transcendental ideas regarding the financial management that set the growth of banking of his time.
In 2005, within the process of urban regeneration, carried out by the Municipality, the Guayaquil Siglo XXI Foundation, in charge of the work, decided to include this pier in the banks of the Salado Estuary, located in “Urbanizacion del Salado” (residential development), better known as Urdesa.
The pier is a contemplative area for the tourists to walk, exercise or just rest; there is bicycle lane alongside the estuary and the area has an extension of 190 meters.
The remodeled Lineal Park is located within the pier, which also has four viewpoint-pergolas with cobbled floors and tropical gardens.
In order to pay tribute to the university student, a monument was built in the area near the entrance of the University of Guayaquil.