It was built and is owned by the MTR Corporation Limited (MTRCL) in conjunction with the opening of Tsing Yi station. Maritime Square is directly connected to Tierra Verde (盈翠半島), a large housing complex that is also built and developed by the MTRCL.
Opened in 2003, the shopping centre boasts surface area of 46,000 square meters, and contains a Golden Harvest Cinema, numerous restaurants, and many common stores found in area shopping malls, including a Starbucks and a Taste. It also contains a Hong Kong Jockey Centre, which is the first off-course betting branch of Hong Kong Jockey Club to be opened on the island.
The landlords claimed in December 2004 that daily traffic at the mall is 170,000