{"id":5721,"date":"2017-08-14T02:36:57","date_gmt":"2017-08-14T02:36:57","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/cappa-dalberto-picked-for-n40b-atlantic-resort-project\/"},"modified":"2017-08-14T02:36:57","modified_gmt":"2017-08-14T02:36:57","slug":"cappa-dalberto-picked-for-n40b-atlantic-resort-project","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/cappa-dalberto-picked-for-n40b-atlantic-resort-project\/","title":{"rendered":"Cappa &amp; D\u2019Alberto picked for N40b Atlantic Resort project"},"content":{"rendered":"<p>\n<\/p>\n<p><div><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2017\/08\/Atlantic-Resort.jpg?resize=1270%2C714&#038;ssl=1\" alt=\"\" width=\"1270\" height=\"714\" class=\"size-full wp-image-387330 lazyload\" \/><\/p>\n<p class=\"wp-caption-text\">The proposed Atlantic Resort in Lagos<\/p>\n<\/div>\n<p>\nPlans by Grenadines Homes to kick-start its flagship project known as Atlantic Resort, got a boost recently with the selection of building and civil engineering firm, Messrs Cappa &amp; D\u2019Alberto as the main contractor for the N40 billion project.<\/p>\n<p>The project expected to commence in November this year, was conceived in response to the demand for Grade A office spaces which continues on an upward trajectory due largely to the size of Nigeria\u2019s Gross Domestic Product (GDP), growing population, emerging middle class and more specifically the thriving business environment in Lagos owing to economic activities in the state.<\/p>\n<p>Besides, there has been an increase in the number of global firms venturing into Lagos. Consequently, investment into mixed used developments has become a viable venture, as global firms gaining inroad into Nigeria market elect to have there executives who are majorly expatriate in close proximity to their working place.<\/p>\n<p>Speaking at the signing of the Memorandum of Understanding (MoU) between Grenadines Homes and Cappa &amp; D\u2019Alberto in Lagos, the Chairman of Palton Morgan Holdings, the parent company of Grenadines Homes, promoters of the resort, Femi Banwo, said upon completion, the project will deliver a world-class luxury edifice comprising four towers, outstanding <a href=\"https:\/\/amazingproperty.com.ng\/blog\/choosing-the-perfect-hotel-for-your-stay\/\">hotel<\/a>, restaurants, shops and retail outlets.<\/p>\n<p>\u201cIt is going to be the best thing coming from Nigeria and out of this world, a serene environment with school where you can live. 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,\u201d he said.<\/p>\n<p>He explained that some of the money for the project would be sourced locally and offshore, adding that more Foreign Direct Investment (FDI) would be coming into the country through the project.<\/p>\n<p>In his remark, the Managing Director of Grenadines Homes, Adeyinka Adesope, stated that the vision of the company is to build a first class project that would re-write the history of Nigeria and unleash the economic potentials that would attract more tourists into the country.<\/p>\n<p>He said, \u201cwe expect them to deliver the first phase, a 20-storey building in 18 months but the whole four towers may take up to three years. We are confident that\u00a0Cappa &amp; D\u2019Alberto, an indigenous company that has been in Nigeria since 1932, will deliver on time to specification,\u201d he said.<\/p>\n<p>\u201cBrash Brands, the creative branding agency that breathed life into the tallest building in the world, Burj Khalifa Dubai, is defining the unique personality of the Atlantic Resort for attraction, sustainability of value and class for would-be investors and home owners.<\/p>\n<p>Dubbed as the most iconic destination for work, live and play in Africa and a symbol of excellence, the project is to be built on 3.4 hectares of land on Water Corporation Drive, off Ligali Ayorinde Street, Victoria Island, Lagos and will comprise one commercial tower and two residential towers overlooking the Atlantic Ocean.<\/p>\n<p>The residential tower is made up of unit types 1 and two bedroom apartments, three bedroom maisonettes, one unit  four bedroom <a href=\"https:\/\/amazingproperty.com.ng\/blog\/buy-terrace-duplex-with-bq-at-lekki-lagos-nigeria\/\">terrace<\/a> apartment and two, five bedroom penthouse maisonettes.<\/p>\n<p>The project is conceptualised by the United Kingdom arm of HOK, the largest architectural and engineering firm in America working in conjunction with ECAD Architects. HOK Architects is reputed for its design of the master plan for Dubai Marina.<\/p>\n<p><a hre=\"http:\/\/guardian.ng\/politics\/cappa-dalberto-picked-for-n40b-atlantic-resort-project\/\"> Guardian <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The proposed Atlantic Resort in Lagos Plans by Grenadines Homes to kick-start its flagship project known &hellip; <a title=\"Cappa &amp; D\u2019Alberto picked for N40b Atlantic Resort project\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/cappa-dalberto-picked-for-n40b-atlantic-resort-project\/\"><span class=\"screen-reader-text\">Cappa &amp; D\u2019Alberto picked for N40b Atlantic Resort project<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":5722,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[519,518,1399,3123,12908,543,617,684,522,1007,15282],"class_list":["post-5721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-africa","tag-america","tag-development","tag-engineering","tag-home","tag-home-buying-guide","tag-house","tag-lagos","tag-nigeria","tag-owners","tag-ross"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/Atlantic-Resort.jpg?fit=1270%2C714&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":5596,"url":"https:\/\/amazingproperty.com.ng\/blog\/grenadines-signs-on-cappa-dalberto-as-contractors-for-atlantic-resort\/","url_meta":{"origin":5721,"position":0},"title":"Grenadines signs on Cappa &amp; D\u2019Alberto as contractors for Atlantic Resort","author":"Amazing Property","date":"August 7, 2017","format":false,"excerpt":"The company is optimistic that when completed, the estate would deliver a beautiful convergence of a residential and commercial complex with world-class hospitality and recreational facilities provided for. Grenadines Homes, a member of Palton Morgan Holdings is poised to boost the Nigerian economy with an ultramodern estate project of over\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/Grenadines-Homes.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/Grenadines-Homes.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/Grenadines-Homes.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/Grenadines-Homes.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/Grenadines-Homes.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":6377,"url":"https:\/\/amazingproperty.com.ng\/blog\/nigerias-real-estate-sector-set-to-witness-boost-as-investment-options-for-part-ownership-unveiled\/","url_meta":{"origin":5721,"position":1},"title":"Nigeria\u2019s real estate sector set to witness boost as investment options for part-ownership unveiled","author":"Amazing Property","date":"September 26, 2017","format":false,"excerpt":"By Naomi Uzor THE quest for diversification of the Nigerian economy and attraction of foreign investment is set to witness a boost, as promoters of The Oceanna, a real estate investment firm has unveiled investment options for part-ownership similar to what earned the Dubai real estate sector global appeal. Model\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"estate-23.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/estate-23.jpg?fit=412%2C308&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6320,"url":"https:\/\/amazingproperty.com.ng\/blog\/nigerias-real-estate-set-for-global-investment-standard\/","url_meta":{"origin":5721,"position":2},"title":"Nigeria\u2019s real estate set for global  investment standard","author":"Amazing Property","date":"September 21, 2017","format":false,"excerpt":"By Naomi UzorTHE quest for diversification of the Nigerian economy and attraction of foreign investment is set for a boost with promoters of \u2018The Oceanna\u2019 unveiling investment options for part-ownership. A real estate development\u2026 FM experts charged to sustain the growth of such investmentsAdeyinka Adesope, the Group Managing Director, Palton\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Alpha-pix.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/Alpha-pix.jpg?fit=412%2C277&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4589,"url":"https:\/\/amazingproperty.com.ng\/blog\/4-smart-investment-opportunities-in-nigeria\/","url_meta":{"origin":5721,"position":3},"title":"Investment Opportunities : 4 smart investment opportunities in Nigeria Now","author":"Amazing Property","date":"May 16, 2017","format":false,"excerpt":"If you\u2019re an entrepreneur or investor looking where to invest your money with good returns, the following are smart investment opportunities in Nigeria that you can leverage on. Jumia Travel, the leading online travel agency, shares 4 smart investment opportunities in Nigeria that you can take advantage of. Livestock Farming\u2026","rel":"","context":"In &quot;Real estate Business Opportunity&quot;","block_context":{"text":"Real estate Business Opportunity","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/real-estate-business-opportunity\/"},"img":{"alt_text":"Investment opportunities","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/investment.png?fit=412%2C272&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5348,"url":"https:\/\/amazingproperty.com.ng\/blog\/azuri-peninsula-is-a-premium-long-term-development\/","url_meta":{"origin":5721,"position":4},"title":"Azuri Peninsula is a premium long term development","author":"Amazing Property","date":"July 18, 2017","format":false,"excerpt":"Eko Atlantic City constitutes elements of an audacious urban development project. 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