Periwinkle Luxury Lifestyle Condo, an estate developing company on Wednesday said it is investing a whopping $20m in the building of a 15 storey luxury lifestyle condos.
The company said it was moved to make a statement that smart cities in Singapore and Dubai can be replicated in Nigeria.
The Chief Executive Officer, Chiedu Nweke said at the signing ceremony for the acquisition of 2,400 square metres of land at Eko Atlantic City on Victoria Island that the $20m high rise will be delivered in 30 months.
Nweke said the “intention of the Pan Atlantis Condos (apartments) was to challenge similar developments in places like Singapore and Dubai”.
He recalled that “in 2009, we met with the Chairman of Eko Atlantic City and promised to collaborate with him to drive the dream of stirring a global challenge of providing world class luxury condos.
Nweke said: “We are not here to build run-on-the mill condos, we want to send a clear message that there are also big players in Nigeria capable of doing big things.
“We are therefore forerunners in the area of providing this niche service and in no time, we aspire to be the leaders in this business.”
Nweke disclosed that 15 floor high rise would have three suspended podia, swimming pool, three floor park and corridors at the Atlantic City.