Daily Mirror (Sri Lanka)

Callisonrt­kl appointed to re-calibrate CIFC’S original conceptual design

- „ By Nishel Fernando

The United States-based global architectu­re, planning and design firm, Callisonrt­kl has been appointed to re-calibrate the original conceptual design of US$1 billion Colombo Internatio­nal Finance Centre (CIFC) mixed-use developmen­t project at Colombo Port City.

“The original conceptual design, which was done by Us-based Skidmore, Owings & Merrill (SOM) is being re-looked at by Callisonrt­kl. We hope to break ground of the first landmark developmen­t in the second half of the year,” CHEC Port City Private Limited Assistant Managing Director Thulci Aluwihare revealed.

Further, he noted that a transition­ary downtown dutyfree office would also be ready before year’s end.the CIFC project is to be implemente­d in two phases with Phase I consisting of one internatio­nal Grade A high-rise office tower, two high-end residentia­l towers, and a retail podium with an investment of US$ 450 million occupying 6.8 acres of CPC.

The project company, CHEC Port City has pledged US$1 billion investment for the CIFC project.

In December last year, Browns Investment­s, a strategic investment arm of the LOLC Group, entered into an agreement with the immediate parent of the project company, China Harbour Engineerin­g Company Limited (CHEC) for the constructi­on of phase one of CIFC mixed developmen­t project.

The project is scheduled to be completed in 2023.

The phase two of the project would consist of two internatio­nal Grade A high-rise office towers, and a retail podium with an investment of US$ 561 million occupying a land area of almost 10 acres in the CPC.

The CIFC is aimed to become the regional hub for internatio­nal finance, offshore business, trade & logistics and IT, while providing a novel internatio­nal and smart lifestyle to residents and visitors.

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