Lanka’s tallest building unveiled

The construction of Sri Lanka’s tallest building, the Diamond Tower will commence in May with an investment of US $ 150 million.

This BOI approved project is to be completed in May 2011. Promoted by Larsen and Toubro Limited (L&T) India’s largest engineering conglomerate, will reach a height of 246 meters and comprise 59 floors over an area of 1.5 million square feet.

The tower township, the first of its kind, will feature 177 luxury residential apartments on 19 floors, including six penthouses and 128 serviced apartments on eight floors in addition to 10 floors of high end commercial space.

It will also include special amenities for residential, serviced apartments and commercial offices with nine floors for vehicle parking. Once completed the Diamond Tower will be the only multi-storeyed tower in the country with residential apartments, serviced apartments and commercial space in one building.

The project will proceed as a public private partnership between L&T and National Housing Development Authority (NHDA).