Sim Lian Group has won a contract worth S$85.3 million from Jack Investment.
This is for the construction of a 10-storey entertainment complex at Victoria Street.
The complex, to be completed by next year, is on the Urban Entertainment Centre site tendered out by the Urban Redevelopment Authority last year.
Jack Investment had won the tender after submitting a bid of S$46 million for the site on a 60-year lease.
Jack Investment’s design concept for the complex comprises entertainment establishments on the higher floors to give good views of the surrounding city skyline, according to URA.
The ground floor will have open and public arenas with event spaces, amphitheatres and public art spaces.
Source: Channel NewsAsia, 19 March 2007