🏢 Moshe Safdie's Altair Unveils Luxury Lobby and Entrance Upgrades by PWA
Sri Lanka’s iconic 240-meter architectural landmark, Altair, has officially completed a premium upgrade to its main entrance and lobby area. The design intervention was executed by Philip Weeraratne Associates (PWA) under a new investment strategy to reinforce the property’s high-end real estate and lifestyle identity. • Strategic Investment: The enhancements mark one of the first major post-acquisition investments by new management, following the purchase of Altair's parent company by global asset manager Blackstone last year. • Entrance Transformation: The property's frontage has been upgraded with bronze-toned vertical fins, integrated ambient lighting, a central branded feature panel, and curated landscaping to establish a bolder, resort-inspired arrival experience. • Lobby Reimagining: The dramatic triple-height volume has been converted into a luxurious residential lounge. The space now features distinct seating clusters, textured rugs, marble tables, and vertical green walls while maintaining its original openness, natural light, and vertical artwork. • Economic Context: The upgrades reflect a targeted push by the new management, led by TWC Holdings Chairman Thilan Wijesinghe, to enhance asset value and elevate the property's hospitality-oriented character within Sri Lanka's premium residential property market. _Note: Summary based on official corporate disclosures regarding architectural and management updates._