Bonifacio Global City (also known as BGC, Global City, or The Fort) is a financial business district in Taguig, Metro Manila, Philippines. It is located southeast of the city of Manila. The district experienced commercial growth following the sale of a 440-hectare military base at Fort Bonifacio by the Bases Conversion and Development Authority (BCDA). The entire district used to be the part of the main Philippine Army camp. It is under the administration of the city government of Taguig although the local governments of Makati and Pateros also claim jurisdiction. On February 7, 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. History During the American colonial period, the US government acquired a property within what was then disputed area between Makati, Taguig and Pateros for military purposes. This area (TCT dated 1902) was turned into a camp then known as Fort William McKinley after the 25th US president, William McKinley. 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. On May 14, 1949, Fort McKinley was turned over to the Philippine government by virtue of US Embassy Note No. 0570. Under the AFP leadership of Gen. Alfonso Arellano, Fort McKinley was made the permanent headquarters of the Philippine Army in 1957 and was subsequently renamed Fort Bonifacio, after the Father of the Philippine Revolution against Spain, Andres Bonifacio, whose father, Santiago Bonifacio, was a native of Taguig (then part of the Province of Manila / Tondo). When Ferdinand Marcos placed the Philippines under martial law in 1972, Fort Bonifacio became the host of three detention centers full of political prisoners - the Ipil Reception Center (sometimes called the Ipil Detention Center), a higher security facility called the Youth Rehabilitation Center (YRC), and the Maximum Security Unit where Senators Jose W. Diokno and Benigno Aquino Jr. were detained. Ipil