In 2011 John Keells Holdings acquired the 2.4 ha (5.9 acres) site on the Colombo-Negombo Road. The 13,000 m2 (140,000 sq ft) building, was constructed at a cost of Rs 119 million, and is owned and operated by John Keells Holdings.[1][2] It was opened to the public in October 2013.[3][4] Its now permanently closed in January 2024 as John Keels Holdings started to plan an apartment sector in this land.