High-rise Mixed Development
Welikada Prison Land at Borella
Colombo 08
LOCATION
40 Acres
Land Extent
USD 1500 Mn
Minimum Investment
Project Overview
Located in an IT industrial area (close proximity to Orion City), is ideal for a mixed development project aimed at IT professionals and digital nomads. Extensive development opportunities in the area are a possibility considering the extent of the land and it being in close proximity to the port, educational facilities, cultural landmarks, financial centres, and major transportation facilities.
The project value is estimated at USD 1,500Mn
The project is expected to commence in 2023
Project/Ownership Structure
Project company can facilitate potential partnerships with interested parties locally and internationally and it is offered on a 99-year lease
Project incentives:
Geographical Location: Located within the city limits of Colombo, its conveniently located in close proximity to all logistic centers and main highway.