Cinnamon Life to put Sri Lanka on the map
View(s):By far the most stylish project in Sri Lanka, Cinnamon Life was launched by Waterfront Properties (Pvt) Ltd, a member of the John Keells Group, on Tuesday. Dubbed as a ‘game changer’ for Sri Lanka by analysts, this widely recognised mixed development project which is Sri Lanka’s trendsetting private sector venture in real estate segment has got some 40 per cent bookings for the first tower of the ‘The Residence’ of Cinnamon Life, Ajit Gunewardene, JKH Deputy Chairman said speaking to the media at the launch.
Celebrity architect Cecil Balmond speaks at the briefing.
An 800-room luxury hotel with conference and banquet facilities, 24 storey office space, residential apartments and host of entertainment options, the Waterfront’s total investment is US$ 850 million. “Cinnamon Life was conceptualised as a flagship project for Sri Lanka as it stakes its claim in the international arena after decades of remaining on the sidelines,” Mr. Gunewardene added.
According to him, this is the first of its kind in the region, and will shine bright like a beacon of prosperity and help support the country’s development. “Locals and tourists need a destination to gather and enjoy themselves when they work, live or play and Cinnamon Life will be their playground! The integrated resort concept will attract investors, high-end brands, leisure and business travellers and local populace who will be compelled to be part of its unique contemporary ethos.
This project will generate numerous benefits for the economy and the community. More importantly, Cinnamon Life will engender a sense of pride to be Sri Lankan as it will signal the march of the country towards a vibrant future,” Mr. Gunewardene said.
Internationally celebrated architect, artist and engineer, Cecil Balmond, will design the project while a consortium of contractors headed by Hyundai Engineering and Construction are the contractors for the project. “Looking at it from an architecture and design point of view, it will be a composition of several forms,” Mr. Balmond told the media.
“It will be like nothing Sri Lanka has ever seen. The integrated nature, unique design and the lifestyle it offers will make this the flagship development of Sri Lanka. The shape and form of the project is such that it will stand as a guard-stone for the city,” he added. (DEC)