CMRL’s new Central Tower to be Chennai’s 27-storey landmark

CHENNAI: The city is to embrace an architectural legacy as the Chennai Metro Asset Management Limited (CMAML) and Renaatus Projects Pvt Ltd, on Thursday, signed a contract to construct the 27-storey ‘Central Tower’ in Chennai at the cost of Rs 349.99 crore.

CMAML is a Special Purpose Vehicle (SPV) jointly constituted by Chennai Metro Rail Limited (CMRL) and Tamil Nadu Industrial Development Corporation (TIDCO) to enhance transit-oriented development works. The agreement to develop the central tower comes as part of this initiative.

“The proposed central tower in Chennai will facilitate the transformation of the city into a global metropolis and multi-model hub. Strategically located near the Chennai Central Railway Station, the 27-storey architectural tower promises seamless connectivity and will offer modern amenities, and sustainability,” stated the CMRL press note.

The tower development work will meet international green building standards with eco-friendly construction materials, energy-efficient systems, renewable energy, and water conservation measures, thereby setting a benchmark for sustainable urban development.

It is to be noted that the tower has been designed with spaces for business, leisure, and hospitality, offering an environment for visitors, residents, commuters, and tourists as well.

“With its state-of-the-art infrastructure and strategic location, the project aims to enhance the city's connectivity, economy, and quality of life,” the press note added.

The contract was signed in the presence of MA Siddique, the chairman of CMAML, T Archunan, director of CMAML, and contractor S Manoj Poosappan, the managing director of Renaatus Projects Pvt Ltd.

It is to be noted that the State Level Environment Impact Assessment Authority (SEIAA) has issued environmental clearance to build the tower.