LAS VEGAS SANDS BREAKS GROUND ON NEW ULTRA-LUXURY DEVELOPMENT IN SINGAPORE
LVS MBS Combined Logo Logo LAS VEGAS SANDS BREAKS GROUND ON NEW ULTRA-LUXURY DEVELOPMENT IN SINGAPORE
Officiated by Singapore’s Prime Minister and Minister for Finance Lawrence Wong, together with Las Vegas Sands co-founder Dr Miriam Adelson, the groundbreaking ceremony marks a milestone moment for the upcoming US$8 billion tourism gamechanger.
— Las Vegas Sands (NYSE: LVS) marked a momentous milestone on Tuesday evening with the groundbreaking of its new US$8 billion ultra-luxurious resort and entertainment destination in Singapore, expanding its regional footprint and strengthening its commitment to the Republic’s future.
Officiating the groundbreaking was Senior Principal Architectural Designer at Populous Andrew Tulen, Founding Partner of Safdie Architects Moshe Safdie, Las Vegas Sands President and COO Patrick Dumont, Dr Miriam Adelson, Singapore’s Prime Minister and Minister for Finance Lawrence Wong, Minister for Sustainability and the Environment and Minister-in-charge of Trade Relations Grace Fu, Las Vegas Sands Chairman and CEO Robert Goldstein, Las Vegas Sands Executive Vice President Asia Operations Grant Chum, and Marina Bay Sands COO Paul Town
The occasion was officiated by Singapore’s Prime Minister and Minister for Finance Lawrence Wong; Minister for Sustainability and the Environment and Minister-in-charge of Trade Relations Grace Fu; and Las Vegas Sands co-founder Dr Miriam Adelson, Chairman and Chief Executive Officer Robert Goldstein, and President and Chief Operating Officer Patrick Dumont.
Robert Goldstein, Chairman and Chief Executive Officer of Las Vegas Sands, said: "With its opening in 2010, our founder Sheldon G. Adelson embarked on a journey in Singapore with Marina Bay Sands and the people of Singapore that promised to change the face of tourism in the region. Fifteen years later, we have delivered on these ambitions and more. Marina Bay Sands is the world’s most successful integrated resort in history, and the gold standard in the industry. It has been truly incredible to witness Mr Adelson’s vision come to life, and we are proud to carry his legacy forward with today’s groundbreaking ceremony for our new development here. We have every intention of delivering a product that will be the envy of the hospitality industry and ushers in a new era of luxury tourism in Singapore."
When completed, the new development is set to redefine industry standards further and push boundaries in the realms of luxury tourism, hospitality and entertainment, curating the finest and most exclusive suite of experiences for travellers.
The pioneering project will feature a soaring 570-suite luxury hotel tower capped with signature rooftop and dining experiences, luxury retail boutiques, gaming, holistic spa and wellness amenities, and approximately 200,000 square feet of premium meeting space. A purpose-built 15,000-seat arena situated against the stunning backdrop of Marina Bay aims to enhance the live entertainment scene in Asia.
Proving to be another extraordinary feat of engineering, the new property is being designed by the acclaimed Safdie Architects, led by Moshe Safdie—the visionary firm behind Marina Bay Sands’ world-renowned design.
