Pantheon Development has appointed CJ Tech Contracting for the construction of its Pantheon Elysee residential project. The $49 million development boasts 268 residential units as well as commercial units and is located in Jumeirah Village Circle.
According to a statement, the project is expected to be delivered in October 2020 and is the Pantheon Group’s second project in the affordable luxury segment. The group previously launched the $41m Pantheon Boulevard, said to be a 162-unit residential project at the District 13 of JVC in Dubai.
“We are pleased to announce that Pantheon Development is ready to hit the ground for its second project in Dubai. In this regard, we have appointed CJ Tech as our main contractor for the construction of Pantheon Elysee, which is another affordable luxury project by us,” remarked Kalpesh Kinariwala, chief executive and chairman of Pantheon Group.
CJ Tec Contracting is part of CJ Group Companies, which comprises Ciji Building Metallic Industries, Ardour Technical International and Ciji Building Metallic Construction Private Limited.
He added, “CJ Tech Contracting is a well-known name in the real estate sector in the UAE, and we hope the company completes the project on time with utmost expertise and quality construction.”