February 21, 2013, saw one of Nigeria’s most promising ground breaking events when the Eko Atlantic mega-city was given the green light to kick-off construction. Two years on, it is now preparing to house its second building, a luxurious 26-storey skyscraper.The first, a 15-floor Afren Plc Towers which will be the company’s new headquarters, is already in its 8th floor of construction.
Eko Atlantic is a revolutionary project within Africa’s real estate sector. It has been hailed as one of the most “inspiring and ambitious” infrastructure projects in Africa by the Clinton Global Initiative. The $6 billion valued mega-city will provide an array of luxurious business, retail, hotels, residential, and school districts, attracting a comparison to the skyscraper district of Manhattan in New York City.
The city, expected to sit on a reclaimed 5 million square metres of land in Victoria Island, Lagos, is tipped to reshape Africa’s real estate and construction industries by laying the foundation for future landmark projects across the continent.
Source: ventures-africa