The London-headquartered independent real estate consultancy
disclosed that the man-made island is on the verge of meeting international
Environment, Social and Governance (ESG) requirements.
With its location beside the Atlantic Ocean, Knight Frank
reckons that Ocean City Lagos will transform the Lagos coastline into the next
5G-powered community and make it a magnet to prime property deal seekers,
multi-sectoral investors and tourism enthusiasts.
The new community, already named “Jewel of the Atlantic,”
occupies 308 hectares reclaimed from the Atlantic Ocean and is a shouting
distance from the already high-density and boisterous Ikoyi, Victoria Island,
and Lekki Residential Scheme 1 neighbourhoods.
It is currently accessible by land through an extension of
Ahmadu Bello Way and expected to be by air and water through the proposed Ocean
City Lagos Airport and Cruise Terminal.
The island is conceived as a green smart city, the first of
its type in the country, and will be powered by the 5G network, which will not
only drive efficient infrastructure and amenities management but will impact
every aspect life, delivering smart homes, offices, healthcare education via
human-to-machine connections and interactions.
In addition to driving facilities such as power supply and
water supply, drainage, transport networks, security, it will also drive
eco-sustainability, with the latter firmly placing the accent on flora and
fauna.
Developed by Ocean City Lagos Limited, an affiliate of the
credentialled Sea Global Energy, the 43-year-old multi-sectoral giant with bold
footprints in the property, retail and telecommunications, Ocean City Lagos is
arriving with a tough spine of know-how, experience and offerings of the
highest possible taste-attributes that are as part of Ocean City Lagos
Limited’s DNA.
The Federal Government, in 2003, granted reclamation
permission for 350 hectares from the Atlantic Ocean to Sea Global Energy, a
testament to the company’s stature. The rights have since been passed on to its
affiliate.
A major attraction on the island promises to be Nigeria and
Africa’s answer to Dubai’s Burj Khalifa in the form of the continent’s tallest
skyscraper, which will sit on a terrain that is a mural of gleaming residences,
gorgeous neighbourhoods, world-class business and leisure districts-all
overlooking the Atlantic Ocean-to create a credible imitation of paradise.
Billed to set new standards in lush living, Ocean City Lagos
is an eco-tourism haven that will provide next level livability for residents,
businesses and tourists with its lip-licking architecture, engineering designs
and eco-friendly atmosphere, attributes that are in short supply in other
trendy neighbourhoods.
Nigeria’s newest city, as it has also been dubbed, will have
five districts, namely Gladys, Madaki, Aremu, Adesola and Five Cowries.
Gladys, the residence-only district, is projected to be the
location of the poshest homes and dreamiest residential areas on the continent
as well as the location of its most pristine beaches and private marinas.
Madaki, the mixed-use zone, promises luxury residential towers of avant-garde
architecture and engineering, shared spaces and exclusive access to a variety
of top-end amenities and infrastructure.
The Aremu District is a pot-pourri of arts, leisure,
entertainment, healthcare-focused education and research. In addition to
facilities for arts, it will provide facilities for over 20 sports, among which
are a football stadium, rowing and horseback riding facilities, premium
healthcare facilities that include a 1,000 to 1,500-bed hospital, a university
of medical sciences that provides accommodation for staff and experts.
Adesola District will be home to the Ocean City Island
Airport, Cruise Terminal and land access hubs, connecting the island to other
parts of the world.
The combination of its eclectic features has provoked a
description of Ocean City Island as an “urban icon”.
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