Prime Colombo land including the Colombo port should be available for private sector developers according to a Colombo City Master Plan to be unveiled soon.
The first land to come up for private sector development is however a nine-acre plot in Colombo Fort for commercial development.
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rnIt is not unusual for old buildings to be torn down to make way for car parks in urban areas. rn
rnColombo city will be getting its new look by doing just the opposite.rn
rnA huge block of land in the Pettah, Colombo 11, known as Chalmers Granary, currently underutilised as a parking lot, will soon be up for sale to be developed as a business center.rn
rnThe government owned land in downtown Colombo is up for sale under the new master plan that wants to put the city on the global map as a super metropolis. rn
rnCESMA, an architectural consultancy firm that works with the Singaporean government, is helping the Sri Lanka to re-design and re-position the commercial capital.rn
rnCESMA has earmarked this area