Contracts Awarded | February 2014
Altair awards construction work to Shapoorji Pallonji
Construction giant Shapoorji Pallonji, the $3 billion construction company whose contributions to the skylines of planet earth include India's tallest residential towers, has been appointed the main contractor for Sri Lanka's Altair residential twin tower in Colombo. The contract awarded to Shapoorji Pallonji International operating out of Dubai, covers construction of the foundations, superstructure and civil works and overseeing finishes for the unique diagrid-supported towers of Altair; a 63 storied tower leaning into a 240 m, 68-storied vertical tower that will be the centrepiece of South Asia's first promenade development, on the lake front of the Beira.
Construction of the 400 luxury apartment development designed by the international celebrity architect Moshe Safdie is to be completed in 2017. Announcing the award of the construction contract to Shapoorji Pallonji, Altair President Sales & Marketing Pradeep Moraes said the choice of a company with a 149-year lineage in construction is in keeping with its promoter's philosophy of bringing together industry leaders in every sphere required for the challenging build of a breath-taking development whose unique design and distinctive structure will firmly place Sri Lanka on the architectural map of the world.
"In terms of building truly iconic high rise structures that redefine concepts of architectural design and push the boundaries of shape, there is probably no match for Shapoorji Pallonji," Altair Director Jugal Khetawat concurred. "In the Middle East and India in particular, numerous buildings that endure in memory for their aesthetic brilliance have been built by Shapoorji Pallonji.