| Location | Bambalapitiya, Sri Lanka |
|---|---|
| Coordinates | 6°53′38″N 79°51′17″E / 6.893888°N 79.854722°E / 6.893888; 79.854722 |
| Address | 10 Station Road, Bambalapitiya |
| Opening date | 4 April 1991; 33 years ago (1991-04-04) |
| Developer | C T Land Development PLC |
| Management | R. Selvaskandan (Chairman) J. C. Page (Deputy Chairman/Managing Director) |
| Owner | C T Land Development PLC |
| Architect | Gemunu Fernando - Design Group Five International (Pvt) Ltd |
| No. of stores and services | 240 |
| Total retail floor area | 23,000 m (250,000 sq ft) |
| No. of floors | 5, 2 below ground |
| Parking | 135 approx. |
| Website | http://www.majesticcity.lk/ |
| Company | |
| Company type | Public |
| Traded as | CSE: CTLD.N0000 |
| ISIN | LK0175N00006 |
| Key people |
|
| Revenue |  LKR146 million (2022) |
| Operating income | LKR4 million (2022) |
| Net income | LKR(16) million (2022) |
| Total assets |  LKR4,978 million (2022) |
| Total equity | LKR3,993 million (2022) |
| Owner | C T Holdings PLC (67.9%) |
| Parent | C T Holdings PLC |
| Footnotes / references | |
Majestic City, traded as C T Land Development PLC, is a seven-storey commercial and shopping complex, located in Bambalapitiya, a suburb of Colombo, 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 Majestic Cineplex.
Construction
The complex was designed by Gemmu Fernando of the Design Group Five International (Pvt) Ltd and constructed by Tudawe Brothers Limited. Construction of the three-storey 13,000 m (140,000 sq ft) shopping complex, with 88 tenancies, developed around a central atrium 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 of Rs 171 million.
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.
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.
Majestic Cineplex
Majestic Cineplex includes four cinemas managed by Ceylon Theaters (Pvt) Ltd,
- 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 using Dolby® 3D technology
- 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
- "Annual Report 2021/22" (PDF). cse.lk. C T Land Development PLC. Retrieved 28 December 2022.
- Anjalendram, C. (1992). "Current architecture in Sri Lanka" (PDF). Mimar: Architecture in Development. Concept Media Pty Ltd: 26.
- "Sanken Construction - Completed Projects List". Sanken Construction (PVT) Ltd. Retrieved 21 October 2019.
- "Rs. 176 million spent on refurbishment: Majestic City owners defer rent revision by six months". The Island. 19 July 2009. Retrieved 31 October 2019.
- "Majestic City to undergo Rs.450mn refurbishment". The Daily Mirror. 9 July 2019. Retrieved 31 October 2019.
- "Ceylon Theatres". Archived from the original on 2016-01-30. Retrieved 2016-01-26.
- R. Fernando, Susitha (2011-12-11). "Majestic Cineplex: The first 3D cinema". sundaytimes.lk. Retrieved 2024-05-29.
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