Si Lanka’s Sanken to start building 500-apartment twin tower
ECONOMYNEXT – Capitol Development Limited, a unit of Sri Lanka’s Sanken construction group, said it had completed the purchase of land in Sri Lanka’s capital Colombo to build an apartment complex that will house 500 units in two towers.
The ‘Capitol Twin Peaks’ branded project will be ready for occupation around 2020, the firm said.
Designed by P&T Architects of Singapore, Capitol Twin Peaks will be built by Sanken.
"Capitol TwinPeaks meets the demands being set for urban, aspirational living in a rapidly developing economy," Mahen Weerasekara, chairman of Capitol Developers, said in a statement.
Capitol Developers said it had already completed Capitol Residencies in Dharmapala Mawatha, Colombo 07; HR Residencies on Havelock Rd, Colombo 05; Tulasi Mahal Apartments in Jaffna; business city hotel, Cinnamon Red in Colombo 03; Capitol 7 in Rosmead Place, Colombo 07; and Capitol Elite in Horton Place, Colombo 07.