Bonifacio Capital District
{{Short description|Central business district in Taguig, Philippines}}
{{Distinguish|Bonifacio Global City}}
{{Use Philippine English|date=January 2023}}
{{use mdy dates|date=October 2021}}
{{Infobox settlement
| official_name = Bonifacio Capital District
| native_name =
| image_skyline = {{multiple image
| border = infobox
| total_width = 300
| perrow = 1/2/1/2
| image1 = McKinley Hill Fort Bonifacio from air (Taguig; 10-17-2023).jpg
| image2 = FvfPArmy0240 25.JPG
| image3 = Emperadorstadium.jpg
| image4 =
| image5 =New Senate Building construction 2.jpg
| image6 =
}}
| image_caption = Clockwise, from top: McKinley Hill, McKinley Hill Stadium, New Senate Building, Fort Bonifacio
| image_flag =
| flag_link =
| seal_size =
| image_blank_emblem = Bonifacio Capital District.png
| blank_emblem_type = Logo
| blank_emblem_size = 150px
| nicknames = BCD
| motto =
| image_map =
| map_caption =
| pushpin_map = Metro Manila#Luzon mainland#Philippines
| pushpin_label_position = bottom
| pushpin_mapsize =
| pushpin_map_caption = Location in Metro Manila##Location in Luzon##Location in the Philippines
| coordinates = {{coord|14.53184|N|121.03700|E|dim:100_region:PH|format=dms|display=inline,title}}
| subdivision_type = Country
| subdivision_name = Philippines
| subdivision_type1 = Region
| subdivision_type2 = City
| subdivision_type3 = Barangay
| subdivision_name1 = National Capital Region
| subdivision_name2 = Taguig
| subdivision_name3 = Fort Bonifacio and Pinagsama, Post Proper Southside
| established_title =
| established_date = 2019
| government_type =
| leader_title =
| leader_name =
| unit_pref =
| area_total_km2 = 1.6
| area_land_sq_mi =
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| elevation_m =
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| population_as_of =
| population_footnotes =
| population_density_km2 = auto
| population_note =
| postal_code_type = Zip code
| postal_code =
| area_code = 2
| website =
| footnotes =
| type = Central Business District
| timezone = PST
| utc_offset = +8
| timezone_DST =
| utc_offset_DST =
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The Bonifacio Capital District (BCD) is a master-planned estate and financial district in Fort Bonifacio, Taguig, Philippines. The estate is under the joint management of Megaworld Corporation and the Bases Conversion and Development Authority (BCDA). The district contains the New Senate Building, the headquarters of the National Mapping and Resource Information Authority (NAMRIA), and the Bonifacio Naval Station. The district is currently being developed under a masterplan that will turn it into a financial center, with McKinley West being the first phase of its multi-year development. Bonifacio Global City (BGC), one of the Philippines' leading financial center, is located just north of the BCD.
Makati claimed the area as part of Barangay Post Proper Southside; the barangay was later integrated to the city of Taguig as part of the 2021 Supreme Court decision on the border dispute. The barangay hall of Post Proper Southside is located within the Consular Area along Lawton Avenue, Fort Bonifacio.
History
The Bonifacio Capital District (BCD) was created as a joint venture between the private conglomerate Megaworld Corporation with the Bases Conversion and Development Authority (BCDA) of the Philippine national government both of which will manage the area. A memorandum of agreement was signed on March 14, 2019, regarding their plans for the BCD.{{cite news |last1=Francia |first1=Arra |title=Megaworld and BCDA to jointly manage Bonifacio Capital District |url=https://www.bworldonline.com/megaworld-and-bcda-to-jointly-manage-bonifacio-capital-district/ |access-date=15 March 2019 |work=BusinessWorld |date=15 March 2019}}
The areas placed under the BCD upon its creation were: Megaworld's McKinley Hill and McKinley West developments, BCDA's Philippine Navy Village as well as Bonifacio South Pointe, which is a joint venture with the SM Group and BCDA-owned Consular property beside McKinley West, and a one hectare lot. The BCD is meant to be "country's administrative capital" with the Senate of the Philippines, the Supreme Court, and the Court of Appeals planning to move to the financial district. The development is projected to be completed in 10 years.{{cite news |last1=Cabuenas |first1=John Victor |title=Megaworld partners with BCDA to create Bonifacio Capital District in Fort Bonifacio |url=https://www.gmanetwork.com/news/money/companies/687935/megaworld-partners-with-bcda-to-create-bonifacio-capital-district-in-fort-bonifacio/story/ |access-date=16 March 2019 |work=GMA News |date=16 March 2019}}
See also
References
{{reflist}}
{{Metro Manila populated places}}
{{Taguig}}