MAJESTIC: The Diamond Tower to be Colombo, Sri Lanka's tallest building, is a US$ 150 million investment scheduled to be completed in 2011. The 246 -metre tall tower consisting of 59 floors and 1.5 million square feet, will have many features that will be at the cutting edge of technology, setting a new standard in Colombo. These will include 177 luxury residential apartments on 19 floors, six penthouses and 128 serviced apartments on eight floors, while nine floors will be used for vehicle parking. Larsen & Touro Limited, India’s largest engineering conglomerate, promoted the project. Accor, an international leader in serviced apartments will be managing the tower. The project is located at Darley Road and construction is due to commence shortly.