The project will be constructed on one acre land, that the team received from the government in 1996 after winning the World Cup.
"This is the land given to the 96 world cup squad, so we got together and we formed a new company and then with Vivanta Associates getting involved, we are in process of getting investors. We have spoken to a lot of investors. In the last two days about 8-10 top investors came and they were very keen to come to Colombo," World Cup winning captain Arjuna Ranatunga told reporters here last night.
"This might be slightly expensive compared to some of the other buildings but we want it to be a unique project, relevant to the world cup and it is like a memento for the future Sri Lankans. Otherwise it will be a general building and the value won't be there for us."
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"We are trying to get some money through this project to lift the lifestyle of some of the past cricketers. They can be 70-80 year old's or immediate cricketers. We have seen some of them struggling very badly. That us why all 14 of us thought this is the right time," he said.
"We wanted to create some awareness among the Sri Lankans plus collect some money to look after school cricket and also to protect some of the past cricketers. It is a 200-300 unit project," he added.
"What we are planning to do is that the housing will be in the bat but other activities like gym, indoor nets, swimming pool will be in the ball. We are going to have indoor nets which all 14 of us are willing to use to help someone," he said.