Riviere Condo is sited on the fomer Zouk Nightclub, which has a history that dates back a few decades. Situated by the Singapore River, the 20,000-square-feet (1,858 sq m) premises at Jiak Kim Street was originally three abandoned warehouses. In 1990, Zouk successfully won the lease for the land on which the warehouses stood and began renovations. Couched as an S$8-million entertainment complex, Zouk opened in March 1991 with a discotheque, restaurant, café, wine bar and a pub – the last of which became the MTV Bar at the end of the year, a room that showed music videos from American cable television channel MTV. The Zouk enterprise was run by Zouk Holdings Pte Ltd, which was then made up of an international consortium comprising five partners.
In June 2014, Zouk announced that the club would close at the end of the year, as it was unable to secure a further extension of its lease from the Urban Redevelopment Authority. The land that Zouk sits on is zoned for residential development, and Zouk’s function is viewed as incompatible with the residential nature of the area. Property analysts also stated the nightspot was sitting on prime land that is underutilised in terms of economic value
c. On 22 August, it was announced that the government has acceded to a conditional extension of the lease on Zouk. The nightclub will be allowed to stay at Jiak Kim Street until 31 December 2017, provided that it finds a new location by 30 June 2015; otherwise, the lease will end on 31 December 2015.