Tag Archives: Retail Space

Esplanade MRT station to house 40 retail outlets

COMMUTERS will get more than connectivity when the train pulls in at the Esplanade MRT station.

Scheduled to open next year as part of the Circle Line Stage 1, the station will boast a shopping area called Esplanade Xchange.

There are similar shopping areas at Raffles Place and Dhoby Ghaut stations, with the most recent opened at Choa Chu Kang in January last year.

The Esplanade station will house about 40 shops spread across 2,000 sq m – or slightly less than half a football field – of retail space.

SMRT said it aims to have a good mix of retail and food and beverage shops.

The station, with a floor area of 19,000 sq m, is the largest of all the Circle Line stations.

It will have four entrances: at Suntec City; One Raffles Link; the War Memorial Park; and the former Singapore Armed Forces Non-Commissioned Officers Club.

There will also be three underpasses, linking commuters to Raffles City, Marina Square and One Raffles Link.

SMRT is marketing the retail space and will call for tenders later this year. Continue reading

More brands at Marina Bay IR

MARINA Bay Sands (MBS) yesterday announced more luxury brands that plan to take up space at the integrated resort – such as Louis Vuitton, Gucci, Prada and Yves Saint Laurent.

CRYSTAL PAVILION
The ‘island’ store that Louis Vuitton plans to float on the water in front of the Marina Bay resort. Louis Vuitton, Gucci, Prada and Yves Saint Laurent are among the luxury brands set to take up space at the resort

Right now, close to 80 per cent of shops at the MBS integrated resort have been let. The US$4.5 billion resort, which is set to open next year, has about 300 shops and 800,000-plus square feet of retail and restaurant space. About half of the retail space will be up and running when the first phase of the project opens in Q1 2010.

New retailers unveiled yesterday include Bottega Veneta, Bulgari, Burberry, Miu Miu, Omega and Patek Philippe. They join names such as Chanel and Tiffany & Co, which have said earlier that they are taking up space at the Marina Bay Sands Shoppes.

Louis Vuitton plans to open a unique ‘island’ store that will ‘float’ on the water in front of the resort, which is expected to be a highlight. The store will be a striking glass-and-steel crystal pavilion that will sit on the waters of Marina Bay, MBS said.

‘This unique Louis Vuitton store at Marina Bay Sands speaks volumes about the visibility and credibility we have established in the retail community,’ said David Sylvester, vice-president of retail for Asia at US-based Las Vegas Sands, which is developing the resort.

‘Retailers recognise the quality of Marina Bay Sands which will attract high-level visitors from Singapore and beyond because of our winning combination of luxury brands, celebrity chef restaurants, a luxury hotel, a casino, expo and convention facilities, and world-class entertainment under one roof.’

Source : Business Times – 26 Sep 2009