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Shapoorji Pallonji has announced that it will construct a new luxury development in the Sri Lankan capital of Colombo.
The Altair Tower development will be 68 storeys tall across 138,817sqm of space. 400 apartments, arranged as three bedrooms, four bedrooms and penthouses will occupy the tower, which is expected to be 240m high and handed over in 2017.
“We are delighted to play such a significant role in this project,” said M.D. Saini, managing director and chief executive officer of Shapoorji Pallonji International. “Once completed the Altair Tower will not only be a landmark structure in Colombo, but also a shining example of a sustainable building.”
Architect Moshe Safdie has designed the project, based on a diagrid design to promote efficient use of structural steel, greater structural stability and a column-free interior to optimise internal surface area.
As a result of greater airflow due to design, energy savings are expected after project handover is completed.