It was formerly the Tripoli Market Square,[1] an 18th century complex of derelict British warehouse buildings.

The southernmost building is a dual-gable-roofed structure that houses a shared cafeteria and offices belonging to the London Stock Exchange Group.

The main central building consists of thirteen parallel warehouse bays, and houses much of the rentable 5,000 square feet (460 m2) TRACE Auditorium,[3] and offices including that of CodeGen.

[4] It was declared opened on 28 July 2014 by Gotabaya Rajapaksa, along with the Chairman of the UDA, Nimal Perera, dignitaries from the Sri Lankan Army, and the management of CodeGen.

[5][6] The final phase of converting the former Tripoli Market to a multi-purpose complex involves the development of a combination of four high-rise and mid-rise buildings.