ELEVATION RESIDENCES

[COMPLETED] DESCRIPTION: 112 unit diplomatic and consular development project    

ELEVATION RESIDENCES


    BUSINESS OVERVIEW

  • Elevation Residences is Verdant Ventures’ 112 unit diplomatic spec residential tower in the heart of Ethiopia’s capital city, Addis Ababa. It is located in a city that is host to over 130 diplomatic missions, and when completed this project will be the only security and international construction standard-compliant housing development available for consular level staff in Ethiopia.  It is led by Verdant Ventures’ in-house real estate development and investment team and a highly reputable and experienced co-development and equity partner.
  • The project and site selection have been driven by the needs of the US Embassy in Ethiopia, one of Verdant Ventures’ key tenant relationships.  Designed as a multi-tenant diplomatic community, the project is a design-build development – the ability of Verdant Ventures to design and deliver a seismically engineered and secure project for the Embassy as a key tenant is a key to success.