Singapore Flyer

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Information
Singapore Flyer
A photo of the Singapore Flyer taken from East Coast Parkway
Location	Singapore
Status	Completed
Groundbreaking	September 25, 2005
Constructed	2005-2008
Opening	February 11, 2008
Use	Observation wheel
Roof	165 m (541.3 ft)
Floor area	33,700 square metres
Companies
Architect	Kisho Kurokawa Architects & Associates, DP Architects
Structural Engineer	Arup, Singapore/London/Japan/Australia

The Singapore Flyer (Chinese: 新加坡摩天观景轮) is a giant observation wheel in Singapore. The observation wheel started rotating on February 11, 2008. On February 10, 2008, David Beevers, general manager, announced that "It's all systems go" for the "inaugural flight," before dusk Monday evening, at 1230 GMT. The first 3 nights were sold out (S$ 8,888 Singapore dollars (US$6,271), "an auspicious number in Chinese culture", for the first rides).^[1] Reaching 42 stories high, it comprises a 150-metre (in diameter) high wheel built over a three-story terminal building, giving it a total height of 165 metres. This exceeds The Star of Nanchang by 5 metres and the London Eye by 30 metres. It will feature 28 air-conditioned capsules capable of holding 28 passengers each. A complete rotation of the wheel will take an estimated 30 minutes. On 2 October 2007 the final capsule of the Singapore Flyer was installed.

Located on the southeast tip of the Marina Centre reclaimed land, it offers excellent views of the city centre and beyond to about 45 kilometres, including the Indonesian islands of Batam and Bintan, as well as Johor, Malaysia.

It was built by Singapore-based company Great Wheel Corp.^[2]

Singapore Flyer is celebrating Valentine's Day on 14 February 2008 with its first two flights in the evening.

1 History
2 Design
3 Expectations
4 Competition
5 Gallery
6 See also
7 References
8 External links

[edit] History

The Singapore Flyer was first conceived in the early 2000s, before formal planning commenced in 2002. German company Melchers Project Management (MPM) and Orient & Pacific Management (O&P) formed a new company, Singapore Flyer Pte Ltd, as the developer with MPM holding a 75% stake and the rest by O&P. The project was formally announced and endorsed by the Singapore Tourism Board (STB) with the signing of a Memorandum of Understanding on 27 June 2003, formalising the understanding between the developer and STB with regard to the land-acquisition process. As stipulated in the MOU, the STB will purchase the plot of land in Marina Centre from the Singapore Land Authority, and lease it to Singapore Flyer Pte Ltd for 30 years with an option to extend the lease by another 15 years. In addition, the land will be rent-free during the construction phase of the project. In July 2003, Jones Lang LaSalle was appointed as the real estate advisor. Takenaka and Mitsubishi were selected as the main contractors, and Arup as the structural engineer.

Early designs showed a 170-metre high wheel similar to the London Eye, drawing criticisms that it lacked originality. The developers promptly pointed out; however, that the design was not finalised, and they were merely for conceptualisation purposes. The project was to grind almost to a halt subsequently when the developers faced difficulties in sourcing for funds to build the wheel. Original plans to complete the wheel by the end of 2005 were thus postponed indefinitely, and there were reports (but denied by the STB) that the tourism board has set an ultimatum date on 31 March 2005 for the developer to iron out its financial issues and to keep the development going.

By September 2005, the project was revived when funds were successfully sourced from two German banks. Delbrueck Bethmann Maffei, a subsidiary of ABN AMRO, will provide equity to a maximum of S$100 million, with a further S$140 million coming from Bayerische Hypo- und Vereinsbank. With the injection of S$240 million, the largest single foreign investment in the Singaporean entertainment industry, the wheel was slated to begin construction by the end of the month.

The Singapore Flyer looming at dusk

[edit] Design

The development has a gross building area of approximately 16,000 square metres, built on a 33,700 square metre site along the Marina Promenade. Designed by Arup and Mitsubishi Heavy Industries, the wheel will feature 28 air-conditioned capsules with a floor area of 26 square metres and capable of holding 28 passengers each (graphic). The constant rotation of the wheel will mean a complete trip lasting an estimated 30 minutes, and has a design capacity of up to 7.3 million passengers a year.

The terminal building on which the wheel sits on comprises three floors of commercial space, with an adjacent open air Greek-inspired theatre along the waterfront and complimented by a jetty. The site will be beautified by luxurious landscaping, including roof gardens and a recreated rainforest in the terminal's atrium. An open bus park for 40 buses is located behind the building, and connected by an underpass to a covered multi-storey carpark for 300 vehicles. This carpark in turn has direct links to the underground Promenade MRT Station which is slated to be opened by 2010.

[edit] Expectations

Upon its opening, the attraction is expected to draw about 2.5 million visitors in its first year of operation, which will give its investors a net yield of about 13.4%. About 50% of its visitors are expected to be foreign tourists, helping to generate about S$94 million in tourism receipts in its opening year. The expected visitorship figure was deemed ambitious by some however, but the STB and the wheel's investors are upbeat over its long-term prospects.

Adval Brand Group, its master ticketing distributor, has guaranteed a minimum of 8 million euros in ticket receipts per year for its investors, which was based on an annual visitorship of 600,000.

The Flyer is expected to start operations on March 1 2008, but will have a soft launch for limited spaces from February 11, 2008 to February 14, 2008.

[edit] Competition

Although the developers constantly drum on its height as a major selling point, the wheel has seen several contenders threatening to exceed it in scale.

Las Vegas, for instance, plans to build a 182 metre Voyager wheel, although this has been significantly delayed or might be cancelled.

The Great Beijing Wheel is a proposed Ferris wheel for Beijing, China. It is planned to stand at 208m and will carry up to 1,920 passengers. This will make it the largest Ferris wheel in the world, higher than the Star of Nanchang, the Singapore Flyer, or the London Eye. It is estimated to be completed in 2009.

The originally planned Shanghai Star with its completion targeted for 2007 has also been scrapped.

[edit] Gallery

From Across CBD in May 2007	Picture taken on Rochor Exit heading west on 29 June 2007	Singapore Flyer on 01 July 2007	Picture taken from ECP on 12 July 2007
Picture taken on 14 July 2007 from Raffles Ave	Singapore Flyer from Marina Bay Floating Stadium on 28 July 2007	Singapore Flyer from Marina Bay Floating Stadium on 18 Aug 2007