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Majestic City

Coordinates:6°53′38″N79°51′17″E / 6.893888°N 79.854722°E /6.893888; 79.854722
From Wikipedia, the free encyclopedia
Shopping mall in Bambalapitiya, Sri Lanka
Majestic City
Map
LocationBambalapitiya,Sri Lanka
Coordinates6°53′38″N79°51′17″E / 6.893888°N 79.854722°E /6.893888; 79.854722
Address10 Station Road, Bambalapitiya
Opening date4 April 1991; 34 years ago (1991-04-04)
DeveloperC T Land Development PLC
ManagementR. Selvaskandan (Chairman)
J. C. Page (Deputy Chairman/Managing Director)
OwnerC T Land Development PLC
ArchitectGemunu Fernando - Design Group Five International (Pvt) Ltd
Stores and services240
Floor area23,000 m2 (250,000 sq ft)
Floors5, 2 below ground
Parking135 approx.
Websitehttp://www.majesticcity.lk/
Company
Company typePublic
CSECTLD.N0000
ISINLK0175N00006
Key people
  • Louis Page (Chairman)
  • Joseph Page (Deputy chairman/Managing director)
RevenueDecreaseLKR146 million (2022)
Decrease LKR4 million (2022)
Decrease LKR(16) million (2022)
Total assetsSteady LKR4,978 million (2022)
Total equityDecrease LKR3,993 million (2022)
OwnerC T Holdings PLC (67.9%)
ParentC T Holdings PLC
Footnotes / references
[1]

Majestic City, trading as C T Land Development PLC, is a seven-storey commercial and shopping complex, located inBambalapitiya, a suburb ofColombo, near the Bambalapitiya Railway Station.

The complex is owned by C T Land Development PLC. The founding chairman of the complex was Albert A. Page. Majestic City incorporates a diverse range of shopping outlets (240), including a food court, supermarket, children's amusement centre, banks and the MajesticCineplex.

Construction

[edit]

The complex was designed by Gemmu Fernando of the Design Group Five International (Pvt) Ltd[2] and constructed by Tudawe Brothers Limited. Construction of the three-storey 13,000 m2 (140,000 sq ft) shopping complex, with 88 tenancies, developed around a centralatrium was completed in 1991 and formally opened on 4 April.

The second phase of development, comprising a cinema, food court, amusement centre and additional tenancies commenced in May 1993 was opened on 4 December 1994. It was designed by Design Group Five International and constructed by Sanken Construction (Pvt) Ltd at a cost ofRs 171 million.[3]

An LKR176 million renovation of the building was undertaken in 2008, which included modifications to the Galle Road entrance and the atrium, together with a refurbishment of the basement food court.[4]

In 2010 the fifth level of the complex was refurbished, and three new cinemas were added, with the cinemas opening on 4 December that year.

In 2019 the owners of the centre announced that they would be commencing a Rs 450 million refurbishment of the complex, which is expected to be completed by June 2020.[5]

Majestic Cineplex

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Majestic City Platinum Cinema

Majestic Cineplex includes four cinemas managed by Ceylon Theaters (Pvt) Ltd,[6]

  • MC – Platinum Cinema – 445 seats (located on level four, built in 1990 as a 2D cinema and refurbished/upgraded in 2013 to a 3D cinema usingDolby® 3D technology[7]
  • MC – Ultra Cinema – 150 seats (located on level five, built in 2012)
  • MC – Gold Cinema – 50 seats (located on level five, built in 2012)
  • MC – Superior 3D Cinema – 170 seats (located on level five, built in 2012. Sri Lanka's first 3D cinema)

References

[edit]
  1. ^"Annual Report 2021/22"(PDF).cse.lk. C T Land Development PLC. Retrieved28 December 2022.
  2. ^Anjalendram, C. (1992)."Current architecture in Sri Lanka"(PDF).Mimar: Architecture in Development. Concept Media Pty Ltd: 26.
  3. ^"Sanken Construction - Completed Projects List". Sanken Construction (PVT) Ltd. Retrieved21 October 2019.
  4. ^"Rs. 176 million spent on refurbishment: Majestic City owners defer rent revision by six months".The Island. 19 July 2009. Retrieved31 October 2019.
  5. ^"Majestic City to undergo Rs.450mn refurbishment".The Daily Mirror. 9 July 2019. Retrieved31 October 2019.
  6. ^"Ceylon Theatres". Archived fromthe original on 2016-01-30. Retrieved2016-01-26.
  7. ^R. Fernando, Susitha (2011-12-11)."Majestic Cineplex: The first 3D cinema".sundaytimes.lk. Retrieved2024-05-29.
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