Colombo, Sri Lanka – Prime Lands Residencies PLC has secured the historic Otters Membership Automobile Park property in Colombo 7 by way of a lately concluded settlement with the City Growth Authority (UDA), marking some of the important residential land acquisitions within the district in recent times.
The property can be developed into ‘The Elizabeth’, a landmark residential tower envisioned to redefine modern dwelling in Colombo 7.
The announcement comes as welcome information to shoppers and traders who’ve been awaiting Prime’s subsequent signature improvement inside Colombo 7 following the sturdy market efficiency of Grand Ward Place. Demand for a comparable deal with throughout the district has remained constantly sturdy, with restricted new provide coming into the market.
A Uncommon Strategic Landholding
Set on roughly one acre in considered one of Colombo’s most established residential enclaves, the Otters Membership property represents one of many final remaining Prime development-ready land parcels inside a tightly held district.
Below the settlement with the UDA, the proposed improvement will comprise a floor plus 23-storey residential tower. The historic Otters Membership can be thoughtfully built-in throughout the 4th and 5th flooring of the constructing whereas remaining absolutely unbiased and operational, preserving its members-only heritage whereas reinforcing the stature and cultural significance of the deal with.
The convergence of colonial structure and modern residential design positions The Elizabeth as a future architectural landmark inside Colombo 7.
Persevering with a Legacy in Colombo 7
Following the supply success and robust market reception of Grand Ward Place, The Elizabeth represents the Firm’s subsequent landmark improvement inside Colombo 7.
The place Grand Ward Place established confidence in execution and long-term worth creation, The Elizabeth advances that trajectory by way of better exclusivity, refined design, and a extremely strategic location throughout the district.
A Non-public Residential Property within the Sky
The Elizabeth was conceived as a non-public residential property within the sky, the place service, privateness, and thought of design redefine on a regular basis dwelling. Residents will enter by way of a grand concierge-led foyer designed for distinguished arrivals and refined every day interactions, complemented by a devoted enterprise lounge and assembly suite that reach the performance of dwelling. At rooftop stage, an infinity-edge pool and landscaped sky backyard create a tranquil retreat above town, accompanied by an intimate champagne and social lounge overlooking the Colombo skyline. A totally geared up health pavilion helps trendy wellness, whereas chauffeur services and discreet housekeeping providers guarantee operational ease with out compromising privateness. Superior entry management and layered safety full an atmosphere formed by exclusivity and understated class.
Now Open for Reservations
With anticipation constructing round this landmark improvement, The Elizabeth is formally open for reservations. Given the restricted scale of the mission and the rarity of recent residential choices inside Colombo 7, early reservations are anticipated to be strongly acquired.
Potential owners and traders are invited to register their curiosity and safe precedence entry to this extremely anticipated deal with.
