Marina Square, one of the largest condominium projects to be developed via a joint venture between Access Engineering PLC, China Harbour Engineering Company Lanka Ltd., and Singaporean retailer Mustafa’s Ltd., broke ground recently on a five-acre site in northern Colombo.
Walkers Pilling Ltd., a subsidiary of MTD Walkers PLC, was awarded with the pilling contract for the mixed-use development project. With 1068 apartments and over 36 floors across five towers, the development will be ‘perfectly pitched luxury’, an incorporation of all luxuries and conveniences that will hold high standards of services to the modern families seeking convenience in city living, or for budding investors pursuing high returns for their investments.
This development will consist of one-bedroom, two-bedroom, three-bedroom, and four-bedroom units, and duplex units with private garden areas along with a wide range of amenities, such as an infinity pool, a kids pool, a fully equipped gymnasium, BBQ pits, around two acres of landscaped garden area, a clubhouse, an indoor games room, a jogging track and a kids play area.
In terms of the surroundings, the development is located in close proximity to many recreational areas, National and International schools, state-of-the-art hospitals, food and shopping areas, and the upcoming Colombo International Financial City (Port City).
Promoters said the project offers prime real estate investment options as it is located in Uptown Colombo – the rapidly modernising locale of the Colombo harbour front.
With anticipated developments in Colombo within the next few years, such as the Colombo International Financial City (Port City) project, and the Port Access Elevated Highway set close to the project, Uptown Colombo is predicted to be the business hub centre and the highly desirable locale within the city environs.