South Energyx Nigeria Ltd., a subsidiary of the Chagoury group, was specifically created to undertake the development. Here Is The Current Developmental Progress Of The City (July 2020) Eko Pearl Towers. All of this is available at favourable pricing in comparison to other properties in Eko Atlantic, as buyers also have the option to purchase via multiple flexible instalment payment plans.”. Eko … It is a focal point for investors capitalising on rich development growth based on massive demand – and a gateway to emerging markets of the continent. Eko Atlantic is a new coastal city being built on Victoria Island adjacent to Lagos, Nigeria, to solve the chronic shortage of real estate in the world’s fastest-growing megacity. Lagos State Government on Thursday said the phase six of the Eko Atlantic City, in Victoria Island will be completed in October 2019. According to Joseph Clarke, CEO of Amlad Group, who are owners of the property upon which the construction will be standing, the stunning piece of architecture designed by renowned Turkish architect, Atilla Ilhan, “will be the first fully-owned Nigerian structure in the new Eko Atlantic City, when it is completed in 30 months.” Commissioner for Waterfront Infrastructure Development, Dr. Babatunde Adejare disclosed this at a ministerial press conference in Alausa, Lagos, Southwest Nigeria. These are First Bank Plc, Guaranty Trust Bank Plc, First City Monument Bank Plc, and BNP Paribas Fortis of France. The Independent Drainage System of Eko Atlantic City, Approved Developments in Eko Atlantic City, https://thenationonlineng.net/arkland-unveils-aa-towers-in-eko-atlantic-city/, Lead Story Low supply, demand in Eko Atlantic scheme drive land prices higher. 6 Likes 1 Share While expatiating on the luxury apartment, Clarke said “Future residents of the mixed-use development will be immersed in the beauty of the surrounding landscape and the state of the art furnishings throughout the building. “The projects involve the dredging of ferry routes, creating a path of 40 meters width and four meters minimum depth to accommodate bigger boat movement. The 6.5-kilometre-long wall was designed by Royal Haskoning and tested in Denmark by the world renowned Danish Hydraulic Institute, DHL. Adejare said work was progressing on the construction of nine jetties with shelter and shoreline protection, as well as channelisation of four new ferry routes to boost water transport in the state. Eko Atlantic will satisfy needs for financial, commercial, residential and tourist accommodations, with infrastructure in line with modern and environmental standards.
Adejare said the government had been monitoring dredging and operation of private beaches, adding that arrangements were being made to engage professional beach guards to forestall any danger. 3D Architectural Design
The state’s Commissioner for Waterfront Infrastructure Development, Dr. Babatunde Adejare, revealed this while speaking at the annual Ministerial Press Briefing to mark the third year anniversary of governor Akinwunmi Ambode’s administration held in Lagos. All rights reserved. [14][15][16], In August 2012, the Atlantic Ocean surged and overflowed its banks, sweeping 16 people into the Atlantic Ocean, killing several people and flooding Kuramo Beach, Victoria Island and other areas.
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