In 2003, Ayala Land and Evergreen Holdings of the Campos Group purchased a controlling stake in BLDC from Metro Pacific, and these entities have overseen the master-planning of the district since then, which has rapidly developed into a full-fledged business district. It was turned over to the Philippine government in 1949, three years after the country’s independence from the United States, and subsequently renamed Fort Bonifacio in 1957 and was made permanent headquarters of the Philippine Army.īut what we know as BGC today started to take shape in 1995 when Bonifacio Land Development Corporation (BLDC), a consortium led by Metro Pacific, became the partner of the Bases Conversion Development Authority to master-plan and develop BGC. Who would have thought that a former military camp would one day become one of Metro Manila’s most important business districts? That is exactly what happened to Bonifacio Global City (BGC), which traces its origins to Fort McKinley, an American military camp established in the early 20th century.
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