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 BLC 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 Bonifacio Global City is now a rich district with a high number of skyscrapers, even if the city is still rising. Many skyscrapers are under construction and will be built in future.

Bonifacio Global City is now home to upscale residential condominiums such as Essensa, Serendra, Pacific Plaza Towers, Bonifacio Ridge, and Regent Parkway and office buildings such as Net One and Bonifacio Technology Center. Most trendy restaurants, bars, clubs, and retail outlets are located in Bonifacio 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 2011, SM City Taguig.

Many corporations have acquired properties and some have committed to relocate their regional or national headquarters, among them are Accenture, The Hongkong and Shanghai Banking Corporation, Deutsche Bank, Lawson Software, Fujitsu, Hewlett-Packard, Ericsson, TetraPak, JPMorgan Chase and Safeway. 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 ten 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 now one of the most advanced in medical technology in the Philippines administered by a highly trained staff. Coliseum and Convention Center, to be built by Northshore Holdings, Inc. and the current Taguig City administration, will be located on a 35,000 square metre site adjacent to Market! Market!. The 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 2010. The Embassy of the Republic of Singapore moved from Ayala Avenue in Makati to its permanent location now near the Global City's center in 2008. British School Manila, International School Manila, Manila Japanese School, and STI College, and MGC-New Life Christian Academy - Global City are all located 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.