Business News from Sri Lanka: John Keells Properties announced a significant milestone in Colombo’s landmark Cinnamon Life development project, sharing that the complex’s office tower will formally open for a company in early 2020. In May, the actual property developer announced the completion of the structural job on all of its skyline-transforming development towers; the office block is the first to be prepared for occupation, with space already being picked up by the city’s top corporates.
Cinnamon Life is the largest real estate development project in modern Sri Lankan history and considered a significant vote of confidence in Colombo’s trajectory forward as an economic and tourist hub. The integrated hotel and mixed-use development beckons a new era of work and play in the city, with the office tower, a 30-story A-grade workspace. It is linked to an 800-roomed five-star Cinnamon Hotel and a mall spread across five levels, housing iconic international brands, and exclusive dining experiences.
In addition, the development will be home to a premium residential abode with ‘The Residence’ and ‘The Suites’. The residential towers are expected to attract expats working and living in Colombo, with the commute home only a few brisk steps away from their offices at Cinnamon Life. Moreover, the inflow of MICE travelers, particularly from India, is expected to bring in further demand for short to medium-term rentals at the residential towers.
The Cinnamon Hotel will be Colombo’s largest such property, also expected to host business travelers in the city. Those based in The Offices at Cinnamon Life can entertain clients at the hotel, with the availability of banqueting and conference facilities. Banquet style seating capacity is available for 3300+ individuals and conference style seating can host 5000+ individuals at any given time across the hotel’s five conference venues- making these some of the largest such spaces in the city.
Cinnamon Life benefits from a unique and highly coveted strategic locational advantage. The Offices at Cinnamon Life is situated along the city’s main road network and with proximity to all major corporate hubs in Colombo. It can be easily accessed via three entry points; a new 50m long and 35m wide bridge built across the Beira Lake, and via Justice Akbar Mawatha as well as Glennie Street.
All users of the office building will have access to well-secured and convenient vehicle parking facilities, easy access to the retail and entertainment mall as well as a wide range of restaurants, cafés, pubs and bars within the Cinnamon Life integrated resort. The 254,000 sq.ft of rentable floor space in the office tower has been customized to suit the needs of its occupants. Each floor consists of a usable area of 10,564 sq. ft.
For more information on Cinnamon Life, log on to www.cinnamonlife.com or call +94-112-152152.
