Under the Armed Forces of the Philippines leadership of Gen. On May 14, 1949, Fort McKinley was turned over to the Philippine government by virtue of US Embassy Note No. After the Philippines gained its political independence from the United States on July 4, 1946, the US bestowed to the Republic of the Philippines all rights of possession, jurisdiction, supervision, and control over the Philippine territory except the use of their military bases.
This area (TCT dated 1902) was turned into a camp then known as Fort William McKinley after the 25th US president, William McKinley. Philippine Scouts at Fort McKinley (called today Fort Bonifacio) firing a 37-mm antitank gun in trainingĭuring the American colonial period, the US government acquired a 25.78-square-kilometer (9.95 sq mi) property within what was then disputed area between Makati, Taguig and Pateros for military purposes. ( April 2013) ( Learn how and when to remove this template message) Unsourced material may be challenged and removed. Please help improve this article by adding citations to reliable sources in this section. This section needs additional citations for verification. BCDA and the two companies now control Fort Bonifacio Development Corporation, which oversees the master planning of Bonifacio Global City. of the Campos Group purchased a controlling stake in BLC from Metro Pacific in 2003. The Ayala Corporation through Ayala Land, Inc., and Evergreen Holdings, Inc. BLC made a successful bid to become BCDA's partner in the development of the district. On February 7, 1995, Bonifacio Land Corporation (BLC) started planning a major urban development-Bonifacio Global City. It is under the administration of the city government of Taguig although the local governments of Makati and Pateros also claim jurisdiction.
The entire district used to be the part of the main Philippine Army camp. The district experienced commercial growth following the sale of a 440-hectare (1,100-acre) military base at Fort Bonifacio by the Bases Conversion and Development Authority (BCDA). It is located 11 km (6.8 mi) southeast of the city of Manila. Bonifacio Global City (also known as BGC, Global City, or The Fort) is a financial business district in Taguig, Metro Manila, Philippines.
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