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MARINA SQUARE TOPS OFF ‘TOWER COVE’; MARKING CONTINUED STEADY PROGRESS

MARINA SQUARE TOPS OFF ‘TOWER COVE’; MARKING CONTINUED STEADY PROGRESS
Aug 22, 2023

Marina Square - Uptown Colombo, Sri Lanka’s first and largest harbor-front mixed development, celebrated a significant milestone by topping off Tower Cove, the fourth of the project’s five towers to be completed structurally. This also marks the completion of the 6th milestone of a standard schedule and the completion of structural work of 125 apartment tower floors out of a total of 147 floors.

The occasion was marked by a special topping-off ceremony at the location in the presence of representatives from the two developers, project consultants, regulatory authorities and other dignitaries. The milestone marks the steady progress the project has made in a year wrought with challenges arising from the economic turmoil of 2022. Bolstered by the strength of its two developers, industry giants, Access Engineering PLC (AEL) and China Harbour Engineering Company (CHEC), Marina Square has consistently proved its commitment to stakeholders through sustained construction activities in challenging times.

The Project Director and Marina Square Board Member, Mr. Kosalsa Wickramasinghe, commenting at the ceremony noted that the combined resources, collective strengths and industry experience of the developers; AEL and CHEC have been pivotal in continuing construction activities in a year marred by import restrictions, rapidly snowballing construction costs and the worst economic crisis the country has seen. He also commended the support extended by all stakeholders including the valuable customers, staff of both the developer and contractor, financial service providers, regulatory authorities and project consultants, without whose tireless effort this feat would not have been possible. ‘With the same support and commitment that was evident in the past, we are now confident of completing the structural works of all 5 residential towers by the end of this year’ Mr. Wickramasinghe noted, addressing the gathering.

Marina Square Board Member and CHEC (Sri Lanka) Managing Director, Mr. Jiang Houliang, further noted the developers joint commitment towards ensuring the successful completion of the project and its unique value proposition as an ideal home for the discerning, seeking affordable luxury in close proximity to the Central Business District and burgeoning Port City.

Strategically located mere minutes away from Port City and 400m away from the Port Access Elevated Highway, Marina Square is developed on an expansive five-acre land and consists of 1,088 condo units over 36 floors across 5 towers. With the elevated highway construction also gaining pace, residents at Marina Square will enjoy unparalleled connectivity with easy access to the country’s entire highway network within minutes of their doorstep.

Offering a large range of amenities that suit the requirements of every modern homeowner and with breathtaking views of the Colombo Skyline, the Indian Ocean and Colombo Harbour, Marina Square promises to be the epitome of urban luxury living on completion.

News Link - https://www.ft.lk/propertyconstruction/Marina-Square-tops-off-Tower-Cove-marking-continued-steady-progress/10516-752076