THE company behind Resorts World Sentosa (RWS) has started building the first hotel in one of Singapore's newly-emerging business and leisure hubs, Jurong Lake District.
Genting Singapore broke ground yesterday for the new hotel on Jurong Town Hall Road which is slated to open in the first half of 2015.
The Jurong Lake District has been earmarked by the Urban Redevelopment Authority as a new growth area with commercial, business and leisure facilities.
The 550-room hotel, five minutes away from the Jurong East MRT station, is on a 9,027 sq m site and has a 99-year lease.
Tan Sri Lim Kok Thay, chairman of the Genting Group and executive chairman of Genting Singapore, said the new hotel "signifies our commitment to reinvesting in Singapore".
"With our hotel being the first to open in this growing precinct, we hope to create another unique hospitality product that will crank up the buzz meter in this already vibrant area to even higher levels," he added.
Mr Tan Hee Teck, president and chief operating officer of Genting Singapore, said: "We will deliver a product that will bring incremental business to neighbouring merchants, accommodation convenience to companies in the vicinity, and amenities to Jurong West residents."
The new hotel will be the seventh hospitality development for Genting Singapore, which owns six hotel properties at RWS - Crockfords Tower, Hotel Michael, Festive Hotel, Hard Rock Hotel Singapore, Equarius Hotel and the Beach Villas.
Source: Straits Times, 12 Jul 2013