The Colomadu Sugar Factory was built in 1861 and in its heyday produced sugar that was exported to Bandaneira and Singapore. It closed in 1998 and was subsequently abandoned, until 2016, when the government chose it as a national asset to be revitalised, together with its large surrounding area of land. The whole area has been slated for redevelopment, with the revitalisation of the sugar factory the main focus of the first stage. The old factory has been given six main new functions and is surrounded by three public plazas. The building now houses a museum and arts and crafts arcade; restaurants and shops; and convention halls and offices. 

Source: Aga Khan Trust for Culture