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More excitment ahead!!!
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Discussion Starter · #1 · (Edited)
30 March 2006

Las Vegas Sands unveils US$3.6b Singapore integrated resort bid

SINGAPORE: Las Vegas Sands says it will invest US$3.6b if it wins Singapore's first casino licence, building the most expensive development of its kind ever.

















Nevada-based Sands "is proposing to invest 3.6 billion US dollars to develop The Marina Bay Sands, making it possibly the most expensive integrated resort ever proposed," the company said in a statement.

Sands was unveiling details of its bid submitted Wednesday to the Singapore Tourism Board after three other groups filed their proposals for the waterfront Marina Bay site where the "integrated resort" is expected to open in 2009.

Malaysia's Genting International said it would invest more than 3.08 billion US dollars with its minority partner Star Cruises if their bid succeeds.

The other contenders, US gaming giants MGM Mirage and Harrah's, have not revealed the extent of their proposed investments.

MGM Mirage bid with its partner, Singapore and Southeast Asia's biggest property group CapitaLand, while Harrah's, the world's largest gaming operator, has teamed up with prominent local developer Keppel Land.

Sands, which has operations in the southern Chinese enclave of Macau, is submitting a solo bid after local firm City Developments pulled out.

Las Vegas Sands' president and chief operating officer, William Weidner, said his firm is the only US gaming and integrated resort company currently operating in Asia.

"With an extensive existing footprint in China ... LVS will be able to attract tourists to Singapore by leveraging our extensive global customer base and strong relationships with international travel agents and reputable junket operators," Weidner said.

The proposed integrated resort complex will include 2,500 hotel rooms, 1.2 million square feet (108,000 square metres) of convention space and one million square feet (90,000 square metres) for retail shopping, Sands said.

Sands also plans to offer a museum of "cultural and populist exhibits", Broadway musicals, Bollywood entertainment as well as to bring in top celebrity chefs and spa facilities to attract non-gaming visitors.

The "integrated resort" complex refers to the non-gaming facilities accompanying the casino.

"As a catalyst for the economic future of Singapore and a launch pad for its tourism industry, The Marina Bay Sands will help Singapore solidify its standing among the world's greatest destinations," said Sheldon G. Adelson, chairman and chief executive officer of Las Vegas Sands Corp.

A drawing of the proposed project released by Sands shows three halls with curving roofs in front of three towers.

The winning bid is expected to be announced in June.

Singapore last year lifted a ban on casino gambling in order to boost its tourism appeal. - AFP/ir

Copyright © 2006 Agence France Presse. All rights reserved.



More about the project

Architect: Moshe Safdie

Marina Bay Sands is a new type of urban place that integrates the Waterfront Promenade with a grand, multi-leveled retail arcade combining civic space, shopping, indoor and outdoor spaces endowed with city skyline views, daylight and plant life, providing an abundance and variety of activities. It is a place that is vibrant and dynamic, a place that transforms from hour to hour, from day to night, and is evocative of the great urban places. It is here that the imaginings of a global city become a reality. Marina Bay Sands, to be open in 2009, will feature three 50-story hotel towers containing 1,000 rooms each, crowned by a two acre Sky Garden bridging across the towers, offering 360-degree views of the city and the sea, outdoor amenities for the hotel such as jogging paths, swimming pools, spas, and gardens; an iconic Arts and Sciences Museum on the promontory; one-million square feet of integrated waterside promenade and shopping arcade; a state-of-the art one-million square foot convention center; two 2,000-seat theaters; a casino; and a 4,000 car garage.

http://www.msafdie.com/php/print_project.php?id=92


 

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Read Only
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i dunno, i'd like to see a bigger rendering - 70s scifi is actually quite appealing to me :p

actually, i'm beginning to love the sands building
 

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Pubescent Singaporean
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i love moshie safdie but it seems his time irrelevant architecture wouldn't work in this context. the cbd wants to be like a cereal commercial. not too fancy. or deep.
 

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time irrelevant? i think a cbd of 'deep' buildings wouldn't work any less well than a cbd of cereal commercial buildings.
 

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Premium Member
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38,003 Posts
NOW THATS what I called real "SLING"!!! :eek:
 

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By Spirit
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25,912 Posts
Sands drops 'kampung' for high-tech concept

7 Apr 06

THE Las Vegas Sands' Marina Bay integrated resort was initially planned with the 'kampung' in mind but its new architect Moshe Safdie has changed all that, making it decidedly more 'high-tech' instead.



Revealing details of the Sands proposal - now called The Marina Bay Sands - the renowned US-based architect, who was only brought on board the Sands team about six months ago, confirmed that an earlier 'colonial theme' with sampans and idyllic village scenes has been dropped. Even the previously proposed Guggenheim Museum will be replaced by the 'ArtScience Museum' which may have exhibitions featuring 'robotics' or 'the science of taste', explained Mr Safdie.

Ron Reese, Sands executive director of corporate communications, added: 'The Guggenheim was not a deal that fell apart. It was an evolution of the process from the Request for Concept stage to the Request for Proposal (RFP) stage.'

Explaining the design concept of the museum, Mr Safdie said it was like an 'anchor in the harbour', adding that it had an 'iconic presence'.

Expected to be the first of its kind on this scale in the world, the 200,000 sq ft museum will have about 100,000 sq ft of exhibition space, an 800-seat conference hall with meeting rooms and a rooftop amphitheatre with a capacity for about 1,000 people. The entire project could cost US$3.6 billion.

Mr Safdie said that the programming concepts will be formulated by an appointed programme advisory board from the fields of architecture and design.

He added that the Art-Science Museum could feature collaborations with institutions like The Field Museum of Natural History and The Gallery of Research - Austrian Academy of Science.

He did not rule out working with the Guggenheim Museum.

Mr Safdie said the 1.2 million sq ft convention centre will have two levels of exhibition space, two levels of meeting rooms, and a column-free ballroom. Another key feature of the design is the Sky Park - a 100,000 sq ft aerial platform which links the three towers of the hotel at the roof level 170 m high. The hotel will have about 3,000 rooms.

Las Vegas Sands and Genting International/Star Cruises are the only bidders that have revealed their designs. When asked, Terrence Lanni, chairman and CEO of MGM Mirage, said: 'Out of respect for the RFP process, we've decided to refrain from any further public announcements at this time in order to permit the authorities time to conduct a careful evaluation of each proposal.'
 

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More excitment ahead!!!
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Discussion Starter · #12 ·
April 8, 2006
Sands pledges to provide 10,400 jobs in its Marina IR

By Krist Boo

A DAY after it pitched its proposal to a panel of judges, Las Vegas Sands made a public promise to provide 10,400 jobs if it wins the Marina Bay casino licence.

Of those, 75 per cent - including senior positions - would go to locals, the US casino operator said yesterday.

It expects another 10,000 jobs to be created by tenants in its resort, including retailers in a shopping mall slightly bigger than Suntec City.

Sands' employment estimate is double the 5,000 jobs projected for each of the two integrated resorts when they came up for public debate a year ago. Several ministers then conceded they had said aye to the IRs despite their misgivings about gambling because of the promise of new jobs.

In a bid to shore up its chances for the prize, Sands also highlighted a string of promised economic spin-offs if it won.

It said its proposed US$3.6 billion (S$5.8 billion) resort, The Marina Bay Sands, would add 1 per cent to Singapore's 2010 economic output. It was also confident it could fill 75 to 90 per cent of its 2,500 hotel rooms with visitors.

Those rosy targets - which it is hitting in its casinos in Las Vegas and Macau - will attract at least another 700,000 visitors here every year.

Job creation is not among the four criteria the Government said it would use to grade the bids, but one analyst, speaking on condition of anonymity, said: 'If a bidder says I am going to invest US$4 billion, but I am going to employ 10 people, what's the benefit to Singapore?'

The analyst expects another bidder, Genting International, to match Sands' job offer based on its plan to have 5,000 hotel rooms in its resort. The two others, Harrah's Entertainment and MGM Mirage, have kept mum on their hotel and hiring plans.

Sands is anchoring its proposition on its expertise in the conventions and exhibition business. It has included 1.2 million sq ft of convention facilities in its resort plan. Equivalent to the size of two National Stadiums, that would likely be the largest among the contenders.

Yesterday, it said it could bring to Singapore 20 annual exhibitions and more than 350 business meetings a year.

The Government is now considering the four proposals and will announce a winner by mid-year.

Copyright © 2005 Singapore Press Holdings. All rights reserved.
 

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More excitment ahead!!!
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Discussion Starter · #15 ·
The design doesn't seem exciting.....but when u go into details, the excitment level goes up......:cool:
 
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