Construction in Lagos is changing not
just the skyline of Lagos, but also the lives of its residents. For example,
Nigeria's first suspended bridge, also known as the Lekki Ikoyi Bridge, is not
only a marvel to behold, but also a popular watering hole for many Lagosians.
Further constructions such as man-made islands (Orange Island and Eko
Atlantic), are also completely transforming the landmass and shape of the city.
And construction is not slowing down any
time soon. With the number of buildings, developments and infrastructural
projects currently underway, in 2016 the Lagos streetscapes and skyline will
drastically morph into something new.
Future Lagos and Lamudi have compiled
a list of buildings and developments to look out for in 2016.
1.
Orange Island
Estimated completion date: 2018/2019
This
ambitious real estate project, classified under the new neighborhoods, has been
christened as Orange Island. The development, which is already underway, is
estimated to cover 150 hectares of land in Lekki, Lagos State. Orange Island, which is similar to Eko Atlantic City project, is a newly
berth planned city on the Lagos lagoon, estimated to cost N40 billion and to accommodate 25,000
people.
2.The
Lorenzo
Estimated completion date: 2018
Sujimoto Construction Limited has
unveiled this 25-storey building which stands as the tallest residential
building model in Lagos. The Lorenzo has revived the Florence magnificence as a
symbol of structural mastery, bringing ancient grandeur into 21st century
architecture.
3.Oasis
Centre
Estimated completion date: 2016/2017
The Oasis Centre is a mixed-use
scheme with retail and hospitality elements currently under
construction on Mobolaji Bank Anthony Way in Ikeja. The centre will
offer 6,100 sqm of leasable retail space, spread evenly across the ground and
first floors. Above that, there will be a 200-room hotel, which
is expected to be managed by an international brand.
4.Chelsea
Hotel
Estimated completion date: Not stated
The site is located at the intersection of Kingsway, Gerrard
and Osborne Road, and considered to be prime real estate in Ikoyi by prospective real estate developers. Multiple
access points, high visibility, coupled with the exclusive Ikoyi
location help boost its suitability. Although humble, construction has
already commenced on the site of the five-star hotel, developed by the
Chelsea Group. The hotel, which will consist of 10 floors and 176 rooms, is
estimated to cost $25 million. The distinctive
style of the building will enable completion of the building to be
considerably faster than other developments, which typically use concrete.
5.Lagos Urban Rail
- Blue line
Estimated completion date: 2016
The blue line was initially slated for
completion in 2011, but has suffered delays due to funding problems. Lagos
State Governor Akinwunmi Ambode said in November 2015 that the state’s light
rail project would be completed by December 2016 and would commence operation
immediately.
6.Marriott
Lagos Waterfront Hotel
Estimated completion date: late
2017/early 2018
The Marriott Lagos Waterfront, located on
Ozumba Mbadiwe road is set to be the latest addition to so-called hotel row. It
sits in good company as it joins a neighbourhood of three already existing
hotels; Radisson Blu, Anchorage and the Oriental Hotel. Slated to be the first
Marriott in Nigeria, this Quantum Luxury Properties development will sit on
5,300sqm, and consist of 10 floors and 200 rooms.
7.
Atlantic Resort
The Atlantic Resort is a multi-purpose
development managed by Grenadines Homes. The project is located on Water
Corporation Drive, off Ligali Ayorinde Street, Victoria Island. It is designed
to house two residential towers and one multi-purpose tower, to be used for
commercial and hospitality purposes. The residential tower will consist of 142
one- to three-bed apartments, while the multi-purpose tower will comprise of a
50-room hotel and over 15,000 sqm of lettable office space.
8.
Wings Office Complex, Nigeria
Situated in the heart of Victoria Island,
the Wings Office Complex is a commercial development consisting of two towers
with over 27,000 sqm of lettable office space. The grounds include 700 parking
spaces, a gym, boat jetty and restaurants. Construction at this site is already
underway and by the looks of things, Cappa & D’alberto will complete
construction by the second quarter of 2016.
9.
Kingsway Tower, Ikoyi
Kingsway Tower adds to the list of
high-rise commercial developments set to transform the vertically growing
skyline of Lagos. The building, which is located on the corner of Glover Road
and Alfred Rewane Road in Ikoyi is a 16-floor mixed use building offering
offices, ground floor retail, restaurants and basement parking. Originally
slated to be completed at the end of 2015, it is expected to be ready for use
by early 2017.
10.
No. 4 Bourdillon
This luxurious 25-storey residential building is located on Bourdillon Road, Ikoyi, and once completed, will be the tallest building in Ikoyi. The Kaizen developed property features an endless list of world class amenities such as: an international size tennis court; an adult swimming pool, children’s swimming pool; a clubhouse; leisure room; outdoor children's area; gym; panoramic lifts; service and goods lifts; gardens; and external visitors parking. Prospective buyers can look forward to three-bed apartments measuring 510 sqm, four-bed apartments measuring 584 sqm, four-bed duplex apartments of 969 sqm and four-bed penthouse apartments measuring 967 sqm and 1,137 sqm. Each unit is fitted with a wrap-around balcony to give tenants a panoramic view of the beautiful Ikoyi skyline. Lush!
Any information when these properties will be available for sale?
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