Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window). The first development is being completed by a local architect. (Take a walk or morning run across the ocean view). Lagos is the fastest-growing megacity in the world, poised to become the third largest city this year. In the past, we had to present full documentation to our clients, particularly if it was a government project, stating all fluctuations in prices. And to demonstrate its commitment to deliver the project as at when due, South Energyx Nigeria Limited invited the Mayor of the City of London, Alderman Michael Bear, to the project site during which it showcased all the aspects of the project. How Much Does It Cost To Live In Eko Atlantic? There are fears that this might extend to coastal parts of Nigeria after completion of this project. It alone covers 700,000 square metres with plots available for mixed use development. @ autoreportng how will they source their energy and power generation? The city would be home to some 300,000 families and also provide jobs for some 250,000 people. Every life activity in the city will be regulated because there will be no vehicles parked on the streets. There are buildings where one can say he or she has grade standard but all the development in Eko Atlantic will be of international or high standard. The company also prides itself on an atelier-style approach to creativity and was founded in 1970. 95 million cubic meters of sand has been moved from the floor of the Atlantic by the Belgian company, Dredging International. The following Nigerian banks are partners of the project – FCMB, First Bank, Access Bank, and Guaranty Trust Bank. This is again a reflection of the increasing strength of the naira on international markets. Upon completion, the new peninsula is anticipating at least 250,000 residents and a daily flow of 150,000 commuters. Living the city-life has never been easier in the Downtown area. 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. The city would be home to some 300,000 families and also provide jobs for some 250,000 people. Yes! We have adopted a shape whereby the current is trained to run parallel to the coast and not to attack the walls and we are protecting the sand in front of VI and Lekki but it does not extend to Epe. It is the only Nigerian newspaper with a bureau in Accra, Ghana. Leading the pack of these developments are Eko Pearl Towers by ESLA International. This wide avenue will feature an array of additional towers with an average of 35 floors, turning this inspirational development into a powerhouse for corporate, financial and commercial activity. The Harbour Lights is a region inside Eko Atlantic also consisting of high-rise towers to create a picturesque skyline. The average price for a two bedroom apartment in one of the high rise towers currently under construction in Eko Atlantic City was selling for US$853,750 (N168, 188,750) and for a three bedroom apartment in the same tower US$1,010,000 (N198, 970,000). According to data released by Residential Auctions Company (RAC), there are already over 1,000 units of apartments of various room sizes ranging from one bedroom to four bedroom penthouses already under construction. It will comprise of five stunning residential towers on the harbour of Eko Atlantic. David Frame is the Managing Director of South Energyx Nigeria Limited. Lost your password? Why Eko Atlantic City Is A Very Bad Idea By David Damiano The coastal city of Lagos is the largest city in both Nigeria and all of Africa, with a metro area population of 21 million.
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