and officially opened on 10 December 1993. Clarke Quay Festival Village was managed by Clarke Quay Pte Ltd, a subsidiary of DBS Land. In 2000, DBS Land merged with Pidemco Land to form CapitaLand and management of Clarke Quay went to CapitaLand. In 1996, the advertising agency Saatchi & Saatchi, and their sister company Zenith, moved into Clarke Quay as the pioneers to develop a creative hub. Two years later, they were awarded Ad Age International Agency of the Year. They had taken over the karaoke Party Doll premises. Ten years later, works were commenced to revamp the Clarke Quay area to give the place a better tenant mix. The development also saw major changes to the exterior and riverside areas. In 2003, British architectural firm Alsop Architects was hired to revamp Clarke Quay. The firm was commissioned to redesign the shophouse facades, streetscapes and riverfront dining areas in two development phases. The newly redeveloped Clarke Quay consistently attracts over 2 million visitors a year and is a major social and tourist component of brand Singapore. Crucial to its success is the ingenious moderation of the micro-climate through the design of sophisticated shading and cooling systems which reduce the ambient temperature by 4 degrees Celsius while enhancing the riverfront and streets with tremendous visual interests. The project won in 2007 Cityscape Architectural Review Award (Tourism, Travel & Transport – Built) and the Cityscape Asia Awards, Best Waterfront Development in 2008. The Satay Club and a number of establishments vacated Clarke Quay to make way for new tenants. The upgraded Clarke Quay features the Zirca, The Clinic, Forbidden City by the Indochine Group and the whole development was completed in October 2006. A new SOHO concept development cum shopping centre called Clarke Quay Central, above the MRT station, was completed in 2007. In July 2012, Hong Kong lifestyle retail store GOD opened a 6,000 square foot flagship store in the Quay. It closed on 26 April 2015. On 17 December 2016, Zouk opened at Clark Quay after moving from its previous location at Jiak Kim Road. Today At present, five blocks of restored warehouses house various restaurants and nightclubs. There are also moored Chinese junks (tongkangs) that have been refurbished into floating pubs and restaurants. The Cannery is one of the anchor tenants of the place. There are over 5 different concepts in one block. Another anchor tenant, The Arena, will