City Hotel Project
Perahara Mawatha-Colombo 02
This property is identified as a potential city hotel development, with the financial and technical assistance of the private sector, using the Design – Build – Finance – Own – Operate (DBFOO) model for a city hotel. The city hotel development will include recreational facilities such as a swimming pool, a conference hall, a spa, a bar or lounge and other guest amenities using modern architecture.
The project value is estimated at USD 50Mn
The project is expected to commence in 2022
Main access would be from Perahara Mawatha and is in close proximity to the port, educational institutes, cultural landmarks, financial centers and major transportation facilities.
Readily available water, electricity, sewer and wastewater lines etc.
Project company can facilitate potential partnerships with interested parties on a DBFOO model locally and internationally and it is offered on a 50-year lease