PLANS are afloat by a property development firm to begin construction of a N10 billion estate along the Lekki-Epe corridor, which will provide residential accommodation to the upper medium class of the society.
Capital Projects Limited is promoting the project known as Lifestyle Lagos in conjunction with Complete Building Nigeria Limited. Skye Bank is providing funding for the estate, which is situated near Alma Beach, close to the Second Roundabout in Lekki. The estate is providing residents with modern luxury to meet their lifestyles within a six-hectare of land. Five contractors have already been picked to pilot the housing scheme. The details were still sketchy at the weekend.
Coming on the heels of the North Star Garden, a private development in the Federal Capital Territory, the Lifestyle Lagos consists of 240 housing units and a cocktail of five different housing types. The styles of the houses are modeled after the Brazilian architecture. There are also three housing concepts within the same location and christened First County, Shepherd Court and Blue Fountain. The project will last for 24 months.
For instance, the First County comprises three design types such as a four bedroom all en-suite, each unit has parking space for a minimum of three cars.
The Blue Fountain is a three blocks of bow shaped luxurious four bedroom en-suite apartments. Each block has six maisonnette apartments and a grand penthouse distributed around the centre core and the Shepherds Courts consists of four Block Square shaped residential apartments arranged around an ornamented 'Village' square.
Facilities anticipated for the estate include swimming pool, road network, back up generator and potable water.
According to the Managing Director, Capital Projects Limited, Mr. Lola Ashiru, an architect, the proposed estate defines a concept built on security and social communalism. He said that flexibility in the design was adopted to give the owners space for adjustments.
On the North Star Garden, the project is between the developers and the Federal Capital Development Authority (FCDA) and located at the Dakwo area of Abuja, under FCDA mass housing scheme.
Construction of houses in the estate are on roofing levels and the estate as well as layout designs incorporate the concept of mixed residential density, which aims to maximize social class stratification, whilst enhancing harmony and the integration of neigbours.
The estate's house types include three-bedroom mansion, three semi-detached house, Victorian and classic types. About 350 units will be delivered in the estate in 24 months. The whole estate is in three phases and estimated to cost N6 billion.
Skye Bank is also bankrolling the project. The prices of each of the houses range from N32million - N65 million. Messrs. Capital Projects Limited is the main contractor for the Abuja project. |