Marina Bay Sands (MBS) is undergoing a significant expansion which includes the addition of a fourth tower in Singapore. Owners of MBS, Las Vegas Sands now estimate the expansion project to cost a whopping US$8 billion (S$10.6 billion) instead of the previous estimate of US$3.3 billion. Known as Marina Bay Sands IR2, reports suggest the new tower may not open until January 2031. Here’s what we know about the MBS expansion and fourth tower in Singapore:
Marina Bay Sands expansion
Construction of the fourth tower at Marina Bay Sands is set to begin in June 2025. While it is expected to be completed by June 2030. Although reports suggest it won’t open until January 2031. This is two years later than previously expected as a result of adjustments made by various delays, including those caused by COVID-19.
Marina Bay Sands IR2 will feature an ultra-luxury hotel with 570 rooms, a sky garden, new MICE facilities for the likes of exhibitions and conferences, premium gaming areas, high-end retail and dining offerings, luxurious nightlife venues, and new attractions such as a 15,000-seat entertainment arena aimed to attract the world’s best global performers. The new development is designed by Moshe Safdie who designed the original MBS structures.
The project’s expenses increased by US$5 billion due to costs such as land premiums, designs, construction fees, pre-opening, and other expenses.
Overall, the transformative expansion aims to position MBS as a leader in global hospitality, luxury tourism, and entertainment. Meanwhile, it will enhance the resort’s offerings and boost Singapore’s tourism appeal. Additionally, the new development is set to generate economic benefits for the city including the creation of hundreds of jobs.
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