Bonifacio Global City
In 1995, Bonifacio Land Development Corporation, a consortium led by Metro Pacific, made a successful bid to become BCDA's partner in the development of Bonifacio Global City. 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 control Fort Bonifacio Development Corporation, which oversees the master planning of Bonifacio Global City. The Bonifacio Global City is a rich district with a high number of skyscrapers, even as the city is still rising. Many skyscrapers are under construction and will be built in future.
Bonifacio Global City is between EDSA and C-5 Road. It is home to upscale residential condominiums such as Essensa, Serendra, Pacific Plaza Towers, One McKinley Place, The Luxe Residences, Bonifacio Ridge, and Regent Parkway and corporate office buildings such as Net One and Bonifacio Technology Center. Most trendy restaurants, bars, clubs, and retail outlets are on Bonifacio's High Street, Serendra, The Fort Square and Fort Strip. Meanwhile, Bonifacio Stop-over and the Car Plaza cater to motorists. Global City is anchored by a major shopping center, Ayala Land's Market! Market! and, by 2013, SM Aura.
Many Filipino and multinational corporations have acquired properties and have committed to relocate their global, regional or national headquarters in the business district, like Accenture, The Hongkong and Shanghai Banking Corporation, Deutsche Bank, Philippine National Oil Company, Del Monte Philippines, Splash, BASF, Globe Telecom, Jaguar, Lamborghini, Hyundai, Samsung, Astra Zeneca Pharmaceuticals, Pilipinas Bronze Inc., BitMicro Networks International, Cormant Technologies Inc., SGS Global Trade Solutions Inc., EastWest Bank, Chinatrust, Lawson Software, Fujitsu, Hewlett-Packard, Ericsson, TetraPak, JPMorgan Chase, Safeway, among others.
Opened in late 2009, St. Luke's Medical Center consists of a 16-storey hospital building with 600 patient beds and an 11-storey medical arts building with 374 doctor's clinics and 10 institutes, one each for heart, cancer, neurosciences, digestive and liver diseases, eye, orthopedics and sports medicine, pathology, pulmonary medicine, radiology, and pediatrics and child health. The hospital is one of the most advanced in medical technology in the world administered by a highly trained staff. A coliseum and convention center which is to be built by Northshore Holdings, Inc. and the Taguig City administration, will be on a 35,000 square metre site adjacent to Market! Market!. The Taguig Civic Center will include a hotel, office building, serviced apartments, a shopping center, and a food court.
The Shangri-La Hotel Group in 2008 undertook the groundbreaking of Shangri-La at the Fort. Scheduled to open in 2014, Shangri-La at the Fort will be a 60-storey mixed-used landmark with 577 hotel guestrooms, 97 hotel residences and 96 luxury condominiums. It is situated along Fifth Avenue and will be sharing the prime block with the new headquarters building and the unified bourse of the Philippine Stock Exchange which is expected to be completed in 2016.
Many foreign embassies moved from Ayala Avenue in Makati to its permanent location now near the Global City's center in 2008. Leaders International Christian School of Manila, British School Manila, International School Manila, Manila Japanese School, STI College, and MGC-New Life Christian Academy - Global City are all in the University Parkway of Bonifacio Global City. Other educational institutions in the area include the Global City Innovative College, and the Every Nation Leadership Institute. The masterplan of Fort Bonifacio was recently updated to allow efficient traffic management and circulation.
Read more about this topic: Fort Bonifacio
Famous quotes containing the words global and/or city:
“The Sage of Toronto ... spent several decades marveling at the numerous freedoms created by a “global village” instantly and effortlessly accessible to all. Villages, unlike towns, have always been ruled by conformism, isolation, petty surveillance, boredom and repetitive malicious gossip about the same families. Which is a precise enough description of the global spectacle’s present vulgarity.”
—Guy Debord (b. 1931)
“I counted two and seventy stenches,
All well defined and several stinks!
Ye Nymphs that reign o’er sewers and sinks,
The river Rhine, it is well known,
Doth wash your city of Cologne;
But tell me, Nymphs! what power divine
Shall henceforth wash the river Rhine?”
—Samuel Taylor Coleridge (1772–1834)