One Central (Chinese: 壹號湖畔) in Sé, Macau is a waterfront mixed-used project developed by Hongkong Land and Shun Tak Holdings and completed in 2009.

The 2,350,000 sq ft (218,000 m2) development comprises seven apartment residential towers centred around a 42-storey tower, housing the Mandarin Oriental, Macau with 213 guestrooms, 111 serviced apartments, waterfront bar, restaurant, and spa.

In 2005, Hongkong Land and Shun Tak Holdings entered a joint venture to develop a 17,000 m2 (180,000 sq ft) site on the reclaimed land overlooking Nam Van Lake.

One Central Macau is home to a wide selection of international designer brands.

The festival, first held in 2016 and supported by Macao Government Tourism Office, features magnificent giant lantern installations created by artists from all over the world who jointly design the highly-creative series of glittering lanterns.