[2] During the American colonial period, the US government acquired a 25.78 km2 (9.95 sq mi) property within what was then disputed area between Makati, Taguig for military purposes.

Among the prisoners held there were some of the country's leading academics, creative writers, journalists, and historians including Butch Dalisay, Ricky Lee, Bienvenido Lumbera, Jo Ann Maglipon, Ninotchka Rosca, Zeus Salazar, and William Henry Scott.

The FBDC's landmark project was conceived as Bonifacio Global City, a real estate development area meant to accommodate 250,000 residents and 500,000 daytime workers and visitors.

The project was hampered by the 1997 Asian financial crisis, but moved forward when Ayala Land, Inc. and Evergreen Holdings, Inc. of the Campos Group purchased Metro Pacific's controlling stake in FBDC in 2003.

[10] On December 9, 1937, the Deed of Absolute sale executed by the owner, Don Anacleto Madrigal Acopiado in favor of the American Government covering the area of 100 hectares (250 acres), portion of Bicutan, Taguig, annotated at the back of TCT No.

Taguig got the jurisdiction over Fort Bonifacio after winning the case against Makati in filed in the Pasig Regional Trial Court in 1993.

In a 18-page resolution promulgated on March 8 penned by Associate Justice Edwin Sorongon and was concurred by Justices Ramon Cruz and Renato Francisco, the CA's Special Former Sixth Division granted Taguig's motion to dismiss citing Makati's violation of the forum shopping rule (or pursuing simultaneous remedies in two different courts) and accordingly dismissed the latter's appeal of the earlier decision of the Pasig Regional Trial Court (RTC) which originally ruled in favor of Taguig.

The issue of whether Makati committed willful and deliberate forum shopping in these cases has been finally laid to rest no less than by the Supreme Court,” the CA said in a ruling.

The barangay overlaps two Inner Fort barangays previously claimed by Makati, namely: Post Proper Northside, which has been occupied by Bonifacio Global City, and Post Proper Southside, which is mainly occupied by the Fort Andres Bonifacio and McKinley West.

The One Bonifacio High Street, where the PSE Tower, which houses the unified trading floor of the Philippine Stock Exchange, along with the Shangri-La at the Fort, Manila is also located.