Cinnamon Life launches second residential tower ‘The Suites at Cinnamon Life’
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At the media briefing: Suresh Rajendra - President, Property Sector, Roshanie Jayasundera Moraes - Chief Marketing Officer/Executive Vice President for the Property Group at JKH and Krishan Balendra – President, Leisure Sector
Sri Lanka’s most iconic mixed development project, Cinnamon Life, this week announced the launch of ‘The Suites at Cinnamon Life’, the second residential tower to be constructed as part of a 4.5 million square foot integrated resort by Waterfront Properties (Pvt) Ltd, a member of the John Keells Group. “At the time of launch, pre-bookings for ‘The Suites at Cinnamon Life’ have exceeded 15 per cent whilst over 50 per cent of the floor space of the first residential tower ‘The Residence at Cinnamon Life’ has already been sold,” the company said in a media release.
With an estimated total cost of US$ 850 million, the Cinnamon Life project represents the single largest private sector-led investment in Sri Lanka to date. Made up of 196 luxurious apartments, the second residential tower will rise 39 stories to a height of 136 metres and will include a comprehensive suite of facilities including an elegant swimming pool, modern gymnasium, steam and sauna rooms, and a landscaped podium and roof-top. Situated on prime waterfront property in the heart of Colombo, the Cinnamon Life integrated resort is expected to become one of the city’s most iconic architectural landmarks.
The project is conceptualised as a ‘Life Capital’, housing an 800-room luxury Cinnamon hotel, an experiential and entertainment haven, residential apartments, state-of-the-art office spaces, high-end retail mall, a wide variety of food and beverage offerings, ballroom, conferencing, theatre and banqueting spaces with capacity for 5000 pax designed to cater to MICE tourism. The Cinnamon Life project is designed by globally renowned Architect, Artist and Engineer, Cecil Balmond, a visionary in the field of architecture famous for his pioneering work on internationally acclaimed properties such as the ArcelorMittal Orbit in London and the CCTV in Beijing.