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In 1992, the Singapore Arts Centre Co was established to lead the project. In 1994, the center was officially named Esplanade - Theatres on the Bay, chosen as a result of its significant presence in the Esplanade Park. Esplanade's location is rich in historical significance. Since the 1800s, the original Esplanade Park on Connaught Drive has been synonymous with leisure and recreational activities, and today, it still evokes feelings of nostalgia and romance.
On August 11, 1996 Deputy Prime Minister Dr. Tony Tan marked the start of construction through a ground breaking ceremony. In 1997, the company was renamed The Esplanade Co Ltd to better reflect the company's role in managing the new arts center.
The substructure was completed in 1998 followed closely by the start of construction of the superstructure above ground. In February 2001, the superstructure was completed and Esplanade - Theatres on the Bay opened her doors to the world on October 12, 2002.
