Marina Bay is a bay near Central Area in the southern part of Singapore, and lies to the east of the Downtown Core. The area surrounding the bay itself, also called Marina Bay, is a 360 hectare extension to the adjacent Central Business District. The URA Master Plan for Marina Bay aims to encourage a mix of uses for this area, including commercial, residential, hotel and entertainment. The Singapore government also spent $35 million to complete the 3.5 km Waterfront Promenade around Marina Bay. It includes a new eco-friendly visitor centre and The Helix linking Bayfront to Marina Centre where the Youth Olympic Park is located. The Promontory @ Marina Bay (formerly Central Promontory Site) will be used as an interim event space and public space used for activities such as theatres and carnivals.
In 1970s, land reclamation was carried out at Marina Bay, forming what is today the Marina Centre and Marina South areas. In the reclamation process, Telok Ayer Basin and Inner Roads was removed from the map by reclaiming land, while the Singapore River's mouth now flows into the bay instead of directly into the sea. In 2008, Marina Barrage was built, asin into a new downtown freshwater Marina Reservoir, providing water supply, flood control and a new lifestyle attraction. The inaugural Singapore Grand Prix took place on 28 September 2008 on a street circuit through Marina Bay. It was also the first ever Formula One Grand Prix to be staged at night, with the track fully floodlit. Since its inception, The Float@Marina Bay has hosted events such as the National Day Parade, New Year’s Eve Countdown, Singapore Fireworks Celebrations, as well as served as a spectator stand for the inaugural Formula 1 Singapore Grand Prix. The world’s largest floating stadium played host to the Opening and Closing Ceremonies of the inaugural 2010 Summer Youth Olympics.
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