The Sands in Singapore

J.L. Erickson Las Vegas Sands Corp., owner of The Venetian in Nevada, was awarded the license to build Singapore’s first casino, a multi-billion-dollar resort set to open in 2009. The casino-resort at Marina Bay, to be built on 50.9 acres of waterfront property near the financial district, expected to

By: J.L. Erickson

Las Vegas Sands Corp., owner of The Venetian in Nevada, was awarded the license to build Singapore’s first casino, a multi-billion-dollar resort set to open in 2009.

The casino-resort at Marina Bay, to be built on 50.9 acres of waterfront property near the financial district, expected to cost about $3.85 billion, said Singapore Deputy Prime Minister S. Jayakumar. Together with the land price and other associated capital costs, the total investment by Sands would exceed $5 billion.

Jayakumar said Sands’ proposal would strengthen Singapore’s position as a leading destination for conventions and exhibitions as well as leisure and entertainment.

The Marina Bay Sands will have about 110,000 square meters of convention and meeting space, the largest ballroom in Asia, and a total of about 2,500 rooms across three hotel towers, including more than 2,300 five-star Luxury Gardens rooms and more than 100 five-star plus suites.

The complex also will offer a range of leisure products including world-class entertainment in two 2,000-seat theaters, and an ArtScience museum whose rooftop at night becomes an Amphitheatre with tiered seating for 3,000 people to view a Light and Water Show along the waterfront promenade.

The development is envisioned to feature luxury retail outlets, and unique dining venues such as the floating pavilions in the Marina Bay.

And developers said there will also be public open space and activity venues such as an ice-skating rink and indoor canals, and the Sky Park above the hotel towers will provide 360-degree views of Marina Bay, the city and the future Gardens-by-the-Bay.

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