Grenadines Homes signs-on Cappa & D’Alberto as contractors for N40b Atlantic Resort project

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Grenadines Homes, a member of Palton Morgan Holdings is poised to boost the Nigerian economy with an ultramodern estate project of over N40b. This project is expected to attract both local and foreign direct investments while also providing numerous employment opportunities.

 At a brief ceremony in the company’s Lagos head-office for the signing-on of Cappa & D’Alberto as the main building contractors for the project, Chairman, Palton Morgan Holdings, Femi Banwo said: “To remain ahead in the game, we chose to align with partners that share our vision, passion and commitment to advancing lives and excellent delivery.”

 The Atlantic Resort is conceived not just to redefine the Nigerian skyline but to confer on it a uniquely dignifying identity and boost the quest for megacity status by Lagos State, hence “we opted for HOK Architects, famous for their work on The Emirates Stadium among other edifices across the world to create a unique design,” he further disclosed. We are also working with Brash Brands, they branded the Burj Khalifa, the tallest building in the world.

 According to Banwo, “this project is being handled by the best in class consultants and professionals. And each contractor and partner has been carefully chosen because the objective is to construct to the highest quality. Hence, we are using Cappa & D’Alberto, a firm with experience, having been here since 1932, whose tenacity for excellent delivery has earned a high reputation for breathing life into complex architectural designs with high levels of comfort and safety guaranteed.”

 Corroborating Banwo’s position, Adeyinka Adesope, Group Managing Director, Palton Morgan Holdings, described the project as part of the company’s efforts to actualise the burning desire to play an active role in the transformation of Lagos into a megacity. “The vision driving this project is to build an iconic world class project that will be the pride of the nation, a project that every Nigerian both home and abroad can be proud of while also meeting the taste and lifestyle aspirations of discerning individuals, irrespective of nationality or creed, and I can see today that we are achieving that” Adesope said.

 The Atlantic Resort will be a luxury destination that will boast of world-class amenities. According to Adesope, “We see an evolution of prosperity, where both nationals and expatriates will long to live, work, relax and go about their legitimate activities. We are optimistic that this project would expand the tourism potentials of Nigeria. The retail spaces will deliver a premium lifestyle offering, while the exclusive offices will be built to a grade ‘A’ specifications”.

 The Atlantic Resort is located on the serene Water Corporation Drive, off Ligali Ayorinde Street, Victoria Island Annex. The first phase of the project sits on approximately 20,000 square metres of land with eco-friendly surrounding and circulation. The project will accommodate various classes of residential floors, hotel apartments, and office spaces.

 Other consultants on the project include ECAD, as architectural designers and also project manager, CA Associates, Mechanical and Electrical consultant, MOA as Structural Engineer while Tillyard is the Quantity Surveyor.

 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 is a real estate development company dedicated to reinventing the concept of home ownership in Nigeria. The company aims to create estates at the fore front of cutting edge architecture, thereby building homes that represent luxury and high class that suit varying tastes and preferences. The company is currently developing several residential projects in Lagos and Abuja.


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