Tuesday, January 30, 2024
Singapore’s skyline is set to be redefined with the upcoming expansion of the iconic Marina Bay Sands resort. The renowned integrated resort has received the green light to add a fourth tower, promising to elevate Singapore’s status as a premier tourist destination.
Currently, Marina Bay Sands spans an impressive 581,400 square meters, featuring over 1,850 rooms and suites, coupled with a vast retail and dining area of 74,000 square meters. The expansion involves a towering addition of 153,100 square meters dedicated to hotel space, accommodating 587 luxurious suites. Additionally, it will offer 12,185 square meters of new retail space.
Strategically located on a vacant plot adjacent to the existing structures and bordered by Bayfront Avenue, Sheares Link, and Sheares Avenue, this expansion is a strategic move to cater to the increasing demand for high-end accommodation and retail experiences in Singapore. The lease for this new land extends until August 2066, and development is set to commence in April 2024.
The visionary behind the original design, architect Moshe Safdie, returns to lead this ambitious project. The new tower will not only feature exclusive suites but also house a state-of-the-art live performance entertainment arena, capable of hosting at least 15,000 spectators. The pinnacle of this architectural marvel will be its sky roof, complete with a swimming pool and other yet-to-be-revealed tourist attractions.
This expansion is more than just an architectural feat; it’s a strategic enhancement of Marina Bay Sands’ capabilities in hosting Meetings, Incentives, Conferences, and Exhibitions (MICE). It addresses a growing market need in Singapore for an advanced entertainment arena that combines modern amenities, increased seating capacity, and corporate hospitality options.
The project, first announced in April 2019 through a collaboration between the Singapore Tourism Board and Las Vegas Sands (LVS), the parent company of Marina Bay Sands, is a significant investment. With costs expected to surpass the initially agreed SGD amount, LVS cites factors such as inflation, pandemic impacts, and rising material and labor costs. The completion deadline for this ambitious project is set for April 8, 2028.
As Singapore gears up for this monumental addition to its tourism landscape, the new tower at Marina Bay Sands is poised to become a beacon of luxury and innovation, further cementing the city-state’s position as a top global destination.
Saturday, April 27, 2024
Saturday, April 27, 2024
