Located on prime real estate at the southern tip of Singapore, Marina Bay is a 360ha development designed to seamlessly extend Singapore's downtown district and further support the city-state's continuing growth as a major business and financial hub in Asia. The Urban Redevelopment Authority of Singapore (URA) is the development agency for Marina Bay and will be exhibiting their vision at MIPIM.
The Urban Redevelopment Authority of Singapore (URA) is the development agency for Marina Bay. The URA will be exhibiting their vision for Marina Bay as a place to explore, exchange and entertain at MIPIM 2006. A site surrounded by water and gardens, Marina Bay provides an opportunity for further urban transformation, attracting new investments, visitors and talent, as well as becoming a new destination for the local community.
Marina Bay has been designed with people in mind, with a 24/7 vibrancy that will include the highly anticipated Integrated Resort (a destination attraction offering world-class hotel, convention, leisure and entertainment facilities, and casino) as well as other residential, commercial and entertainment developments.
BFC Developments Pte Ltd and City Developments Limited, developers of two key sites at Marina Bay, will join the URA at the event.
BFC Developments Pte Ltd will exhibit the Business and Financial Centre, a state-of-the-art development with purpose-built features to cater to the specific needs of business and financial tenants. Sixty percent of the gross floor area (GFA) of this 3.55ha development will be set aside for office use, while the remaining 40% GFA will be complementary uses such as residential and recreation/entertainment facilities. A flexible approach has been adopted to allow for the phased development of the site, with 244,000 sqm of GFA to be developed under the first phase.
City Developments Limited will exhibit One Shenton Way, a former commercial building in the Central Business District that is being redeveloped into a residential tower block. Singapores business district is being rejuvenated to meet the surge in demand for inner city living and One Shenton Way will complement other iconic residential developments in the Marina Bay area.
The most anticipated project at Marina Bay is the proposed Integrated Resort (which will include a casino). Marina Bay will also be home of the worlds highest observation wheel, the 178-metre Singapore Flyer, and a multi-purpose facility with a large floating platform. All of these elements will complement existing entertainment attractions in the area including Esplanade Theatres on the Bay, the countrys national performing arts centre.
One of the first developments that will be completed at the Marina Bay area is the commercial site at One Raffles Quay.
Designed by Kohn Pedersen Fox Associates PC, world-renowned architects from New York, and Singapore-based Architects 61, One Raffles Quay features large, regular column-free floorplates of 18,000 sq ft and 30,000 sq ft at each of its two towers, specifically designed to meet the requirements of leading financial institutions and multinationals.
On the residential front, The Sail @ Marina Bay, a luxurious residential development, has been designed by renowned architect Peter Pran of New York-based NBBJ, who also designed the Seoul Dome in South Korea. The 245-metre development will be among the worlds tallest residential buildings when it is completed. Over a thousand units at The Sail @ Marina Bay were sold out within weeks of its launches, proving the increasing popularity of inner city living in Singapore.
Building on Singapores green legacy, three world-class waterfront gardens (94ha) have been planned for the area. Each garden will feature a distinctive design and character. A 12-km long promenade and connecting bridges will link the gardens, forming a continuous public waterfront loop that offers a welcome respite to the dense urban environment. To be completed around 2010, the gardens will be the green sanctuary for people as well as those working and