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Sri Lanka s tallest building unveiled
Friday, 8 February 2008 - 12:09 PM SL Time
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The construction of Sri Lanka s tallest building, the Diamond Tower will commence in May with an investment of US $ 150 million.
This BOI approved project is to be completed in May 2011. Promoted by Larsen and Toubro Limited (L&T) India s largest engineering conglomerate, will reach a height of 246 meters and comprise 59 floors over an area of 1.5 million square feet.
The tower township, the first of its kind, will feature 177 luxury residential apartments on 19 floors, including six penthouses and 128 serviced apartments on eight floors in addition to 10 floors of high end commercial space.
It will also include special amenities for residential, serviced apartments and commercial offices with nine floors for vehicle parking. Once completed the Diamond Tower will be the only multi-storeyed tower in the country with residential apartments, serviced apartments and commercial space in one building.
The project will proceed as a public private partnership between L&T and National Housing Development Authority (NHDA).
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wasu
Joined: Apr 2007 Posts: 4 Member Profile
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8 Feb 2008 07:41:46 GMT Report for Abuse
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| Tallest buidling - Diamond Tower - Where it will be built? Colombo, Kandy or Jaffna |
DrJones
Joined: Feb 2007 Posts: 122 Member Profile
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8 Feb 2008 09:34:13 GMT Report for Abuse
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| Mega projects like these are long overdue. Better late than never! |
raigamakolla
Joined: Dec 2006 Posts: 1575 Member Profile
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8 Feb 2008 09:48:19 GMT Report for Abuse
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A big 'thank you' to India, whom now control over 50% properties in Colombo, including over 100 petrol stations.
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blackey
Joined: Nov 2006 Posts: 207 Member Profile
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8 Feb 2008 09:50:50 GMT Report for Abuse
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| No point in doing such buildings if the infrastructure is so poor or non existent i.e proper sewers so that water can run off instead of flooding the road with excrement. |
snake2
Joined: Aug 2006 Posts: 661 Member Profile
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8 Feb 2008 11:51:09 GMT Report for Abuse
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Damed, Blackey 100% agree.
It will be a huge investment taking up money that could be used for infrastructure building, at the same time, it would also be Sri Lanka's biggest target. |
raigamakolla
Joined: Dec 2006 Posts: 1575 Member Profile
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8 Feb 2008 11:56:05 GMT Report for Abuse
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It will be a huge investment taking up money that could be used for infrastructure building,
This kind of money is coming from India. It is not government money or Slankan money. We should not count teeth in gift horses. |
Gamma Senior Member
Joined: Jun 2005 Posts: 539 Member Profile
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9 Feb 2008 03:28:55 GMT Report for Abuse
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The project will proceed as a public private partnership between L&T and National Housing Development Authority (NHDA).
1) If this fails, will it going to be fall in to the NHDA lap?
2) If this is a story of success, then will it be totally L&T? |
zaharan Senior Member
Joined: Jun 2006 Posts: 1655 Member Profile
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9 Feb 2008 11:19:05 GMT Report for Abuse
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NHDA has rightly settled for L&T, one of the best in the construction business.
It will located at Darley Road, overseeing the beira lake!
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