Dubai firm to build South Asia’s tallest residential tower
The company will act as the main contractor for the Altair luxury riverside condominium in the Sri Lankan capital, Colombo. The development will comprise two separate towers, the tallest of which is set to reach a height of 240 metres.
Designs by renowned architect Moshe Safdie
The buildings, which have been designed by renowned architect Moshe Safdje, are expected to take at least three years to complete at a cost of around £140 million.
According to Pradeep Moraes, the head of sales and marketing at Mumbai-based Altair, the contract was awarded to Shapoorji Pollonji International because of its 149-year history of success. The construction firm has been responsible for some of Asia’s most innovative buildings, including the Hilton in Riyadh, Park Towers Dubai and the Taj Intercontinental Hotel in Mumbai.
Construction of another architectural icon
The company’s CEO, Mohandas Saini, was quoted by ft.lk as saying:
“We are delighted to be awarded the construction of what promises to be another architectural icon, and look forward to partnering a reputed Group such as South City, the promoter of Altair.
“Building a design of Moshe Safdie, the architect responsible for Marina Bay Sands in Singapore, is an exciting challenge and one that our team is eager to grapple with.”
The new development is expected to add at least 400 new apartments to the Colombo property market.
Author: Graeme Parton Date Written: 18 February 2014