Bonifacio Global City (also Fort Bonifacio) is a highly urbanized district in Taguig City, Metro Manila, Philippines that in recent years has experienced robust commercial growth through the sale of military land by the Bases Conversion Development Authority (BCDA). The entire district used to be the part of the main Philippine Army camp in Fort Bonifacio, Taguig.
In 1995, Bonifacio Land Development Corporation (BLDC) started planning a major urban development — Bonifacio Global City. BLDC made a successful bid to become BCDA's partner in the development of the district. The Ayala Corporation through Ayala Land, Inc., and Evergreen Holdings, Inc. of the Campos Group purchased a controlling stake in BLDC from Metro Pacific in 2003. BCDA and the two companies now control Fort Bonifacio Development Corporation, which oversees the master planning of Bonifacio Global City. The welcome combination of corporate offices, high-end residences and shopping malls, embassies, a world-class hospital, a science museum and a landscape strewn with Filipino art is the city's heart and soul.
The barangay chairman is Lino Edgardo S. Cayetano, a TV/movie director and one of the sons of late former senator Rene Cayetano.
Read more about Fort Bonifacio: Fort Andres Bonifacio, Bonifacio Global City, McKinley Hill, McKinley West, Heritage Park, Landmarks, Juridical Cases
Famous quotes containing the word fort:
“No, no. God will not damn a lunatic’s soul. He knows that the powers of evil are too great for those of us with weak minds.”
—Garrett Fort (1900–1945)