Construction of the Atlantic Resort in Nigeria to commence in November

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The Atlantic Resort which is a stunning development in Lagos, Nigeria is set to commence construction in November this year.

The Grenadines Homes which is a Real estate development company will kick-start its flagship project in the West African country.

The company got a boost recently with the selection of building and civil engineering firm, Messrs Cappa & D’Alberto as the main contractor. It will nevertheless cost US$110m for the project to be complete, with the commencement date being November this year.

Also read: Egypt leads Africa in hotel construction

The initiative is a result of the high demand for Grade A office spaces in Lagos.

This continues on an upward trajectory due largely to the size of Nigeria’s Gross Domestic Product (GDP).

Moreover, the growing population, emerging middle class and the thriving business environment in Lagos owes to the mega project.

The Atlantic Resort

The Chairman of Palton Morgan Holdings, the parent company of Grenadines Homes, Femi Banwo, said that it will be a state-of-the-art project. He said this during the signing of the Memorandum of Understanding (MoU) between Grenadines Homes and Cappa & D’Alberto in Lagos.

Upon completion, the project will deliver a world-class luxury edifice comprising four towers, outstanding hotel, restaurants, shops and retail outlets.

“We have selected the best partners that worked on the best projects of the world like Emirates Stadium, to work on the project to inspire hope and pride in the country,” he said.

However, the first phase which is a 20-storey building might be complete in 18 months but the whole four towers may take up to three years.

The Grenadines Homes is a Real estate development company dedicated to reinventing the concept of home ownership in Nigeria. Their homes represent luxury and high class that suit varying tastes and preferences.

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