In Lagos, the property sector is a major area where the government generates revenue. In the last few years, that sector has suffered losses as a result of the economic challenges but the sector was able to thrive in spite of all these, especially in Lagos.
In the last few years, a lot of property players have been investing massively in the sector. Some of the projects many of them are investing in are the construction of highrises around the Lagos highbrow. Presently, there are about 5 notable projects in Lagos people are talking about because of the prime locations and high value the projects have brought to those areas. Below are landmark projects that we can, but talk about them.
(1) KINGS TOWER
This is another big project, an highrise on Kingsway, Ikoyi, Lagos.
Kings Tower addresses the needs of firms from virtually all market sectors, from energy to telecommunications, trade and financial services.
Anyone who has been to the old Ikoyi lately would have noticed a newly completed project construction at the intersection of Glover Road and Alfred Rewane Road. This mixed-use development is Kings Tower, a high-end office and retail building that is set to transform the skyline of Lagos.
(2) LANDMARK TOWERS
Landmark Towers is a grade mixed-use commercial real-estate development. It’s a new project that has changed the face of Oniru in VI.
It comprises of the main building with 10 floors and a leisure centre. The building includes a high-ceiling retail floor with terraces, world-class restaurant, 6 floors of Grade A offices and a 22 room boutique hotel, Strategically located in the heart of Victoria Island with stunning views of the city and Atlantic oceanfront, bringing you everyday ‘Business Leisure Lifestyle’ under one umbrella for your utmost comfort and convenience.
Some leisure activities this building offers include: spa room, gym and aerobics, squash court, sports bar, kids play area and swimming pool.
Other features include exquisite meeting rooms, mini mart, business lounge, food court, concierge, creche, wellness centre, laundry services, extended stay apartments, retail outlets, cafe, fire alarm system.
(3) ALARO CITY
Alaro City is a mixed-income, City-scale development conceived as 2,000 hectares in the Lekki Free Zone. The city has areas for offices, logistics and warehousing, homes, schools, healthcare facilities, hotels, entertainment and 150 hectares of parks and open spaces. The city holds full land title with Certificate of Occupancy.
Rendeavour and Lagos State Government, through their subsidiary, North West Quadrant Development Company (NWQDC), have conceived Alaro City as a 2,000-hectare, market-led project.
Alaro City is authorised by both the Federal Government of Nigeria, through the Nigeria Export Processing Zones Authority, and the Lagos State Government as an entity to develop, operate, administer and manage Alaro City. As such, Alaro City and its occupants receive all Free Zone benefits in line with the laws of Nigeria.
(4) MIKE ADENUGA CENTRE
Another notable project is the newly completed edifice of Alliance Franchaise De Lagos, by Otunba Mike Adenuga. The name of the building is Mike Adenuga Centre. It’s a massive project, situated on Osborne Road, Ikoyi, Lagos.
The Alliance Francaise de Lagos is a Nigerian non-profit institution in Lagos whose statutes have been approved by the Alliance Franchaise of Paris.
The insitution is involved with the training and education of Nigerians, most especially Lagosians in the French Language and Culture.
(5) HERITAGE PLACE
Another housing project is a remarkable 21st Century Office, Complex called Heritage Place on Kingsway road, Ikoyi, Lagos. Heritage Place is a world-class development situated in Lagos commercial and retail area, and just a few minutes walk from the most important venues in the city.
This ultrado-modern, eco-friendly building is Nigeria’s most advanced development, employing the latest building principle and state-of-the-art finished. Heritage place is set to become one of Lagos most recognised and accessible buildings.