Sri Lanka’s mixed development project, Cinnamon Life, 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 (Private) Limited, a member of the John Keells Group. ‘The Suites at Cinnamon Life’ will comprise of 192 units of two bedroomed apartments, and four penthouse units.
“At the time of launch, pre-bookings for ‘The Suites at Cinnamon Life’ have exceeded 15%, whilst over 50% of the floor space of the first residential tower ‘The Residence at Cinnamon Life’ has already been sold,” JKH officials said.
Construction on the integrated resort project is continuing at a steady pace, backed by the efforts of a consortium of contractors headed by Hyundai Engineering and Construction. 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.
Comprised 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 featuring breath-taking views of the island’s commercial capital.
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 & beverage offerings, ballroom, conferencing, theatre and banqueting spaceswith capacity for 5000 pax designed to cater to MICE tourism.