Page 12 - CPM Sri Lanka-Chartered Manager-Sept. 2021
P. 12

THE INSTITUTE OF CHARTERED PROFESSIONAL MANAGERS OF SRI LANKA                                                                                          THE INSTITUTE OF CHARTERED PROFESSIONAL MANAGERS OF SRI LANKA
                         SEPTEMBER 2021                                                                                                                                                                                 JANUARY 2021












        Island Living:                                        Are developers required to adopt
        where the charm of living in a lush tropical          the building designs featured on the
        island nation is truly captured                       spectacular renderings/ scale model of
                                                              Port City?
        The Island Living precinct is the largest land
        bank at Port City with 95 ha, consisting of           The developers will be free to use architectural
        beachfront luxury residential villas and resorts      designs of their choice that are guided by the
        close to the sea, 2 km uninterrupted beach            development control regulations, which will
        spanning 13 ha, 70 m canal and Central Park.          only provide specifications such as maximum
        Despite the district having a local/ quiet            gross floor area, building heights, landscaping
        character, the main boulevard would offer             requirements, parking regulations, etc. Each
        shops, restaurants and services for the residents.    development will have mandated predominant
        Toward the North of this precinct, 10 ha of land is   uses such as office, retail or residential and
        earmarked for the development of luxury villas –      developers will also be afforded adequate flexibility
        in the style of a gated community.                    to incorporate other complementary uses. Further,
                                                              the DCR will stipulate landscaping requirements
                                                              within each plot as well as on vertical structures
                                                              to ensure there are ample public and circulation
                                                              spaces for residents/ occupiers.





































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