
Initially
a swamp, the Financial District was one of the first projects
undertaken by Sir Stamford Raffles. Taking land from a nearby
hill, Raffles filled in the swamp to build a business centre
to augment the city's trading post. The area, surrounding
Shenton Way, is now Singapore's answer to Wall Street.
The area has now extended to the north and now encompasses
the marina area, an area dominated by Suntec City - a massive
complex of 5 office towers that house domestic and international
that comprise most of Singapore's financial institutions.
As well in the midst of Suntec City is the Convention Centre
and the accompanying large 5 star convention hotels. An air-conditioned
underground walkway lined with shops and restaurants connects
the area to City Hall MRT and the Heritage District.