Fairway Holdings enters North Western Province with mixed development project
Fairway Holdings’ second venture out of Colombo was inaugurated with the groundbreaking ceremony for “Fairway Kurunegala”, a proposed mixed development building project, which took place on August 16th at the picturesque project site in Kurunegala, the capital of the North Western Province.
The Chief Guest for the ceremony was Patali Champika Ranawaka, Minister of Megapolis and Western Development. The Guest of Honour was Thusara Sanjeewa Witharana, Mayor of Kurunegala Municipal Council.
The ceremony was also graced by S. B Nawinne, Minister of Internal Affairs & Wayamba Development, Chairman UDA Dr. Jagath Munasinghe, UDA Director General Sumeda Rathnayake, UDA Director for North Western Province W. J. Senevirathna, Acting Director North Western Province Environmental Authority Saman Kumara Lenaduwa, RDA North Western Provincial Director P. A. S. M. Marasinghe and Chairman & Managing Director of Maga Engineering Captain Kularatne.
Fairway Holding’s entry into Kurunegala is in recognition of the city’s established importance as a major city in Sri Lanka and a vibrant regional business hub. A focal point in both the Central Expressway and the railway running from Colombo to the North, the city is a thriving wholesale and retail centre and contains a number of popular schools. Kurunegala was an ancient royal capital for 50 years, from the end of the 13th century to the start of the 14th century, and the area has an abundance of religious and cultural sites. The city is surrounded by large rocky outcrops, paddy fields, coconut estates, and lakes.
The proposed building, which will potentially be a landmark in Kurunegala, has been conceptualised and designed by senior architect Mohan Silva with maximum emphasis being given to comfort, safety and state-ofthe-art conveniences. 75 percent of the building’s space will contain 180 luxury apartments, including four penthouses, and the balance 25 percent will contain a shopping mall with leading local and international brands, offices, a food court and beer garden, a supermarket and ample commercial parking. The use of environmentally-friendly material for construction will ensure sustainability and longevity.
Fairway Holdings is one of the pioneers in introducing vertical luxury living to Sri Lanka with its numerous projects mainly based in Colombo and its suburbs. The home-grown conglomerate expanded operations to Galle in its first venture out of Colombo and is currently carrying out two apartment projects in that city. In addition to property development, Fairway Holdings is involved in hospitality, trading, financial services, aviation and leisure and actively promotes local art and culture through various sponsorships and events.