According to the Sri Lanka Sunday Times, one of India’s biggest real estate development groups, Shreepati Edifice, has signed an agreement with the Board of Investment in neighboring country Sri Lanka to invest US$30 million in building a 96-story residential skyscraper, the tallest in the island nation.
The 1996 Iconic Tower will be a tribute to the country’s cricket team, which won the World Cup in 1996.
Designed by Reza Kabul Architects, it will be approximately 1,190 feet in height, containing 376 residential apartments and 92 penthouses. ArchDaily reports that it will also have a pool, gymnasium, spa, and outdoor sky decks. An indoor cricket facility and hall of fame museum will also be included in the building.
The project is expected to take four years to complete. The construction start date and slated completion have not been announced.
Related Stories
High-rise Construction | Dec 8, 2015
Architect Eric Parry unveils design for London’s tallest building
At more than 1,000 feet, 1 Undershaft will rival The Shard in height.
High-rise Construction | Dec 8, 2015
Saudi Arabia secures funding for world’s first kilometer-tall skyscraper: Jeddah Tower
The tower will overtake the Burj Khalifa in terms of height, but how long will it remain king?
High-rise Construction | Nov 28, 2015
Anorexic skyscrapers keep popping up in Manhattan
One project slated to begin construction next spring is designed to be only 47 feet wide.
High-rise Construction | Nov 23, 2015
London approves designs for a 62-story tower
Scheduled to start construction next year and open in 2019, the structure will be London’s second tallest, after the 95-story Shard.
High-rise Construction | Nov 17, 2015
CTBUH awards '2015 Best Tall Building Worldwide' to Bosco Verticale
Designed by Italian architect Stefano Boeri, the building design was applauded for its “extraordinary implementation of vegetation at such scale and height."
High-rise Construction | Nov 12, 2015
SHoP unveils Brooklyn supertall tower design
When completed, the 90-story tower will be the tallest building in the outer boroughs of New York City.
High-rise Construction | Oct 26, 2015
Recent skyscraper boom benefits New York construction industry
CTBUH reports that luxury residential construction, slenderness aspect ratios, and construction in "fringe" areas have all increased.
High-rise Construction | Oct 21, 2015
Three years after The Shard, Renzo Piano reveals plans for new London tower
The 65-story tower at 31 London Street will have 200 homes and more than 40,000 sf of public space. It could also bring some life to Paddington Station.
High-rise Construction | Oct 13, 2015
Azerbaijan Tower tops list of 10 tallest buildings in the works
Along with the central Asian nation, China, Malaysia, South Korea, Saudi Arabia, and the United Arab Emirates all have skyscraper projects that are under construction or in development.
High-rise Construction | Oct 8, 2015
The 75 tallest observation decks in the world
Chicago's Willis Tower cracks the top 20 as the Middle East and China dominate the rest of the list compiled by the Council on Tall Buildings and Urban Habitat.
