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Amanda Finnegan

Las Vegas Sands finishes towers at Singapore project

29 June 2009

LAS VEGAS, Nevada -- Las Vegas Sands has completed its three 55-story hotel towers at Marina Bay Sands in Singapore nearly two weeks ahead of schedule, the company announced today. Sands will formally celebrate the topping off its $5.4 billion resort July 8.

Sands CEO Sheldon Adelson said the next step in the construction process will be placing the two-acre SkyPark on top the of the three hotel towers. The SkyPark will feature three swimming pools, several restaurants and bars, landscaped gardens and an observation deck.

Las Vegas Sands said most of the 2,500-room resort will be completed by the end of the year. In addition to gambling space, Marina Bay Sands will include an estimated 1.25 million square feet of meeting and convention space, an art and science museum, two theaters and 300 retail shops. The company said the resort would be complete sometime next year.

The Marina Bay Sands in Singapore is among the few sites that Sands has continued construction on since the company hit financial turmoil last fall. Sands halted construction on projects in Macau last November, laying off as many as 11,000 workers, but officials said in April that Sands hopes to resume construction sometime this year.

Las Vegas Sands opened its newest casino in Bethlehem, Pa. last month. The $743 million Sands Bethlehem debuted will 3,000 slots and four restaurants.