ITC Ratnadipa

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Coordinates: 6°55′33.2″N 79°50′41.5″E / 6.925889°N 79.844861°E / 6.925889; 79.844861
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ITC Ratnadipa
ITC Ratnadipa in November 2023
Map
Former names
  • ITC Colombo One
  • ITC One Colombo
Hotel chainITC Hotels
General information
Town or cityColombo
CountrySri Lanka
Coordinates6°55′33.2″N 79°50′41.5″E / 6.925889°N 79.844861°E / 6.925889; 79.844861
OpeningApril 2024
OwnerWelcomHotels Lanka Pvt. Ltd
Height140 metres (460 ft)[1]
Technical details
Floor count33
Design and construction
Architecture firmGensler
Structural engineerThornton Tomasetti
Main contractorLarsen & Toubro
Other information
Number of rooms352
Number of restaurants12
Website
www.itchotels.com/in/en/itcratnadipa-colombo

ITC Ratnadipa (Sinhala: අයිටීසී රත්නදීප, lit. 'ITC Gem Island') is a luxury hotel in Colombo, Sri Lanka. The hotel is part of the Indian hotel chain ITC Hotels, while WelcomHotels Lanka Pvt. Ltd, a subsidiary of ITC Limited, is the proprietor. The hotel is located adjacent to the Galle Face Green and next to Shangri-La Colombo and Taj Samudra hotels. It is ITC Hotels' first foreign investment. The hotel is 140 metres (460 ft) tall and accompanied by a 224 metres (735 ft) tall Sapphire Residences building. The two buildings are connected by Ahasa One, a 55 metres (180 ft) sky bridge. The sky bridge is built 100 metres (330 ft) above ground, connecting 19-21 levels of the two buildings. The groundbreaking of the hotel took place on 19 November 2014. The project was intended to open in 2017 but was delayed several times. WelcomHotels Lanka received its third extension in seven years to commence operations. The project received strategic investment status from the government of Sri Lanka and received tax breaks. The hotel was inaugurated by Sri Lankan president Ranil Wickremesinghe on 25 April 2024.

History[edit]

The groundbreaking ceremony of ITC Colombo One took place on 19 November 2014 with the attendance of the minister of Economic Development Basil Rajapaksa, and the Indian High Commissioner to Sri Lanka Y. K. Sinha.[2] ITC Hotels invested US$300 million to the project. The hotel is located adjacent to the Galle Face Green. The project was expected to be completed by 2017. The initial plan was for the hotel to have 350 rooms and 130 luxury apartments.[3] At the time, it was one of the largest foreign investments in Colombo.[4] Access Engineering secured the piling work contract of the project in January 2016. That was the second time Aceess Engineering awarded a contract for the project. In 2015, the engineering company completed the excavation and shoring work of the project.[5]

The construction site of ITC Ratnadipa as seen across Galle Face Green, c. September 2019

In July 2018, WelcomHotels Lanka announced that ITC One Hotel and Sapphire Residences will be completed by 2021.[6] ITC Hotels launched Sapphire Residences on 2 October 2018. The occasion was celebrated with a musical concert held in Nelum Pokuna Mahinda Rajapaksa Theatre. The concert was supported by the Indian High Commission in Sri Lanka. Sixty musicians performed in the concert, including an on-stage collaboration of L. Subramaniam and the Liepāja Symphony Orchestra. The Sapphire Residences building is 224 metres (735 ft) tall, and the hotel component stands at 140 metres (460 ft).[7] The two buildings is connected by Ahasa One, a 55 metres (180 ft) long sky bridge connecting 19-21 levels of the two buildings. It is the first sky bridge in South Asia. The sky bridge built by the Indian engineering firm Larsen & Toubro.[8]

ITC Ratnadipa construction site (centre-right), c. January 2022

A documentary film titled Making of the Iconic Ahasa One Sky Bridge aired on Ada Derana on 30 May 2021. Ahasa One built above 100 metres (330 ft). The sky bridge accommodates two 50 metres (160 ft) long infinity pools and a jazz lounge and bar.[9] In May 2021, WelcomHotels Lanka received an 18-month extension to commence commercial operation begins on 1 January 2022 from the minister of Finance Mahinda Rajapaksa.[10] The project was gazetted under the Strategic Development Act in October 2012 and received generous tax breaks.[11] ITC Limited stated in its 2021/22 annual report that the project impeded by the Sri Lankan economic crisis. The project was running on schedule until the third quarter of 2019.[12] The project completed superstructure construction in of the residence building, the hotel and the Podium, the commercial and retail area in June 2022.[13]

Operations[edit]

In June 2023, Sujeet Kumar was appointed as the general manager of ITC Ratnadipa. Kumar previously worked as pre-operational general manager of Sheraton Colombo in 2016.[14] In July 2023, the opening of the hotel delayed yet again. WelcomHotels Lanka received its third extension in seven years from President Ranil Wickremesinghe as the minister of Investment Promotion. The project received 5.86 acres (2.37 ha) land and is exempted from foreign exchange regulations.[15] The hotel was inaugurated by president Ranil Wickremesinghe on 25 April 2024. Prime Minister Dinesh Gunawardena and the Indian High Commissioner to Sri Lanka Santosh Jha also participated in the event.[16]

See also[edit]

References[edit]

  1. ^ "ITC One Hotel". skyscrapercenter.com. Council on Tall Buildings and Urban Habitat. Retrieved 6 February 2024.
  2. ^ "Ground Breaking Ceremony of ITC Colombo One". news.lk. The Government of Sri Lanka. 21 November 2014. Retrieved 6 February 2024.
  3. ^ Jayasuriya, Sanjeevi (23 November 2014). "ITC Colombo One, the first phase launched". Sunday Observer. Retrieved 6 February 2024.
  4. ^ Jayasinghe, Jayampathy (23 November 2014). "ITC Hotels launches one of largest ever foreign investments in Colombo". The Sunday Times. Retrieved 6 February 2024.
  5. ^ "Access Engineering secures another work package in ITC Colombo One Project". Daily Mirror. 13 January 2016. Retrieved 6 February 2024.
  6. ^ "ITC hotel and Sapphire Residences ready by 2021". The Sunday Times. 8 July 2018. Retrieved 6 February 2024.
  7. ^ "Sapphire Residences by ITC Hotels launched". Daily FT. 10 October 2018. Retrieved 6 February 2024.
  8. ^ "ITC's iconic and historic 'Ahasa One' sky bridge becomes reality". Daily FT. 16 December 2019. Retrieved 6 February 2024.
  9. ^ "Story behind creation of Colombo's newest landmark- the 'AHASA ONE Sky Bridge' to be revealed on a TV documentary". Ada Derana. 28 May 2021. Retrieved 7 February 2024.
  10. ^ "Government Notifications" (PDF). publicfinance.lk. Ministry of Finance. Retrieved 7 February 2024.
  11. ^ "Another mega project gets extension till Dec. next year". The Sunday Times. 19 September 2021. Retrieved 7 February 2024.
  12. ^ Dutt, Ishita Ayan (23 June 2022). "ITC's luxury project in Colombo hit by headwinds as Sri Lanka economy sinks". Business Standard. Retrieved 7 February 2024.
  13. ^ Weerasooriya, Sahan (12 June 2022). "ITC One Colombo development achieves key milestones towards 2023 completion". The Island. Retrieved 7 February 2024.
  14. ^ "ITC Ratnadipa, Colombo welcomes Sujeet Kumar as General Manager". Daily FT. 15 June 2023. Retrieved 7 February 2024.
  15. ^ "Indian conglomerate's luxury hotel further delayed". The Sunday Times. 9 July 2023. Retrieved 7 February 2024.
  16. ^ "ITC Ratnadipa Launched In Colombo". Ada Derana. 25 April 2024. Retrieved 25 April 2024.

External links[edit]

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