That Will Transform VICTORIA Island, Lagos
Have you visited Eko Atlantic in Victoria Island, Lagos, recently? If so, you may have noticed that Eko Atlantic is evolving into a modern city. Major companies are beginning to relocate their headquarters to this area. It is widely believed that Eko Atlantic is one of the safest locations for corporate offices, particularly concerning issues of insecurity. Many prominent individuals and high-profile Nigerians are eyeing this location; some even choose to stay there while conducting business in Lagos. The environment is serene, with a top-notch ambience.
Currently, several companies, including MTN and First Bank, have ongoing projects in this luxurious area. Below are some of the prominent institutions with projects underway in Eko Atlantic:
U.S. CONSULATE, LAGOS
The United States is constructing its largest consulate in the world on a 12.2-acre site in Eko Atlantic, with a remarkable investment of $537 million. The design features a diagrid façade inspired by Nigerian patterns and incorporates eco-friendly elements, such as renewable energy, water recycling, and climate resilience.
FIRST BANK
First Bank is developing a 43-story headquarters in Eko Atlantic, which is set to become Nigeria’s tallest skyscraper. This sustainable building will include smart offices, an integrated banking hub, and energy-efficient systems. The groundbreaking ceremony took place on March 5, 2025, and was attended by top officials.
RUGBY SCHOOL NIGERIA
Rugby School Nigeria, the first African branch of the British institution, is currently under construction in Eko Atlantic. It is set to open in September 2025 with a Sixth Form program, eventually expanding into a full secondary school by 2026. Over 600 workers are constructing state-of-the-art facilities, including classrooms, laboratories, sports fields, music studios, and an innovation center.
EMMANUEL CHAPEL METHODIST CHURCH
Emmanuel Chapel Methodist Church is building a state-of-the-art A-frame complex in Eko Atlantic, designed under the theme “Hands in Prayer.” Awarded to Buildisa Construction FZE in October 2024, this project has been underway for over three years. The church will serve as a faith-based landmark, featuring modern facilities, an auditorium, meeting rooms, and meditation gardens.
ORCA DECO MALL
This shopping and entertainment hub, being developed by ITB Nigeria, spans 30,000 square meters. It will feature high-end stores, fine dining options, a cinema, and family entertainment, providing a world-class retail experience for both tourists and residents.
These projects are set to significantly enhance the landscape of Victoria Island and position Eko Atlantic as a premier destination for business and leisure in Lagos.
PHOENIX TOWER
Phoenix Tower is a luxury residential building located in Eko Atlantic’s Downtown District. This 27-story structure spans 3,442 square meters and offers one- and three-bedroom apartments, as well as penthouse villas. Amenities include a pool, spa, gym, and concierge services. Situated near various business hubs, the Tower emphasizes security, high-speed internet, and uninterrupted power supply. As of March 2025, construction has reached the 19th floor.
A & A TOWER
A & A Tower is a 22-story, 73-meter luxury apartment building in the Oceanfront District. It features 98 upscale units, including one, two, and three-bedroom apartments. The building incorporates energy-efficient systems, water recycling, and green spaces. Located near Lagos’ financial district, it offers high-end urban living with amenities such as a fitness center, spa, pool, high-speed elevators, and 24-hour concierge service. The tower’s diagrid façade enhances both its aesthetics and structural stability.
PHOENIX RISING
Phoenix Rising Tower redefines luxury living with its spacious four-bedroom apartments and penthouses. Featuring state-of-the-art appliances, designer fixtures, and expansive living areas, these residences are designed for those seeking the ultimate in comfort and style. Phoenix Rising stands at 33 floors, with 29 residential levels, built on a 3,673-square-meter space in Eko Atlantic City, Victoria Island, Lagos. This elegant tower offers a choice of beautifully designed one- and three-bedroom apartments, arranged from levels 6 to 27 with six apartments on each floor, plus two levels of penthouse villas on the 29th floor.
THE HIVES TOWER
The Hives Tower is another remarkable project in Eko Atlantic City, offering a mix of two, three, and four-bedroom apartments and penthouses. With its contemporary design and top-of-the-line amenities, including a spa, tennis courts, and sky lounges, The Hives Tower provides residents with an exceptional luxurious living experience. The Hives is a 13-floor residential development situated next to the new U.S. Consulate General (the largest consulate in the world, valued at $537 million) under construction in Eko Atlantic City, Lagos. It features luxury three-bedroom apartments and four-bedroom maisonettes (duplex-like apartments). The Hives is best described as a luxury residence where style meets impeccable design.
MTN OFFICE
MTN Nigeria has joined the ranks of companies relocating their headquarters to Eko Atlantic. MTN CEO, Karl Toriola, confirmed a few years ago that the company’s new headquarters would be situated in Eko Atlantic. As the first telecom operator to establish a presence in this coastal city, MTN’s move signifies confidence in Eko Atlantic’s potential as a premier business hub in Nigeria. “Beyond connectivity, we are committed to making long-term investments in Lagos. As part of this commitment, we have acquired a piece of land in Eko Atlantic City and will commence construction once we have received the necessary equipment,” Toriola stated at the MyLagosApp launch event in Lagos. “We can now confirm that the new office is almost at the final stage of construction.
Isaac Abimbade
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