The occasion was officiated by Singapore’s Prime Minister and Minister for Finance Lawrence Wong; along with other dignitaries.
Robert Goldstein, CEO 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 that promised to change the face of tourism in the region.”
“We have every intention of delivering a new era of luxury tourism in Singapore.”
The new project will feature a 570-suite luxury hotel tower capped with signature rooftop and dining experiences, retail boutiques, gaming, spa and wellness amenities, and approximately 200,000 square feet of meeting space.
It will also include a 15,000-seat arena.
The waterfront development will be located adjacent to the existing Marina Bay Sands.
The crowning achievement of the hotel tower is the revolutionary 76,000-square-feet Skyloop with elevated public and private spaces.
As a counterpart to the iconic Sands SkyPark at Marina Bay Sands, the Skyloop has 360-degree views.
The lower Skyloop will house an observatory, destination restaurants and rooftop gardens.
Above, hotel guests can enjoy private cabanas and infinity-edge pools. There will also be a cantilevered wellness terrace that is designed for yoga, arts and specialty events.