ICC Strengthens Presence in Premium Real Estate with Bay One Residences Colombo at Port City
- November 14, 2026
- By: Building Material Reporter
- Real Estate
Colombo, Sri Lanka: Building on its legacy, International Construction Consortium (ICC) is expanding its presence in the premium residential segment through Bay One Residences Colombo, developed by its wholly owned subsidiary, ICC Port City (Pvt) Ltd. Located along the marina at Port City Colombo, the development is envisioned as an ultra-luxury waterfront address, bringing together contemporary architecture, coastal surroundings and a distinctive residential experience.
ICC Expands into Premium Residential Development
Commenting on the development, Mr. Namal Peiris, Managing Director and CEO, International Construction Consortium (Pvt) Ltd, said:
"For over four decades, ICC has been committed to delivering developments that reflect strong engineering, quality and a long-term vision. Bay One Residences Colombo represents an important step in our journey as we extend this experience into premium residential development. As Port City Colombo continues to take shape, we see an opportunity to contribute to its evolution through a thoughtfully planned waterfront development that brings together contemporary living and the character of its unique marina-front setting."
Bay One Residences Colombo Construction Progress
The project continues to make steady construction progress, having reached the Garden Floor level, with structural works at Level 4 nearing completion. The development is scheduled for completion in January 2029.
Through Bay One Residences Colombo, ICC brings its construction experience and development capabilities to one of Colombo's emerging urban destinations.
