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Siam Square history and development In 1965 the first larger buildings on Siam Square' were constructed. The land owner was the neighboring Chulalongkorn University and the aim was to lease out land to collect money, from local shop owners, for benefiting the university. Three popular movie theaters were also built here, showing both western and Thai movies:
Also other tenants settled down here as; Siam Bowl, The Bangkok Bank Building and the British Council Building. Many investors contributed to make Siam Square an "upscale area", with modern shopping centers, high class hotels and restaurants. In the 1970s there was an economical boom in Thailand and especially in the capital city of Krung Thep (Bangkok in Thai language). Many new shops as well as restaurants and fast food establishments opened their doors in the Siam Square area during this time. Opposite the Siam Theater a police station and a fire station was also opened in early 1980. The development with bigger shopping centers, new businesses, and improved infrastructure (including sidewalks) continued in the 1990s and after the millennium. The famous skytrain was built in 1999 with Siam as the closest station. Also many tutor schools is located in the area, often focused on language studies (Thai and English), mathematics, physic studies, social sciences and chemistry. Many Thai teenagers are studying here to prepare themselves for university. The
air conditioned overpass bridge from MBK shopping mall and the many cafés,
restaurants and shops has made this an attractive area for people to meet.
Siam Square seems to especially attract young thais. The nearness to the
beginning of Sukhumvit Road is probably also an important factor.
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