• Friday, December 27, 2024
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‘Blue Water Lagos development in line with Okunde Scheme’

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L-R: Ken Leech, development manager, Elalan Construction; Segun Oniru, former Lagos State commissioner for waterfront infrastructure; Femi Hamzat, deputy governor, Lagos State, and Obi Nwogugu, fund manager, real estate private equity, African Capital Alliance, during the deputy governor’s visit to Blue Water Lagos project site recently.

It has been observed that the development of the Blue Water Lagos located in Lekki Phase 1, within 10-15 minutes’ drive from Victoria Island and Ikoyi, is in order, especially within its specific location.

Deputy Governor of Lagos State, Femi Hamzat, who made this observation during a visit to the project site recently, noted that the development, which is an EDGE-certified mixed use facility, was in line with the development plan for the Blue Water Okunde Scheme.

The deputy governor who was accompanied on the visit by Segun Oniru, former Lagos commissioner for waterfront infrastructure, encouraged the developers to keep up the good work they were doing.

Blue Water Lagos, which sits on an expansive 37,000 square meters of sea-view land, is being developed as a joint venture project by Elalan Group and African Capital Alliance— a private equity investment firm.

It offers contemporary luxury penthouses and apartments; world class leisure and entertainment malls and an exclusive resident’s recreational park. It also offers the ultimate lifestyle community in a serviced and secure strategic location.

The project is divided into three phases. Phase 1 consists of the first residential tower, Sapphire Residences, and the recreational amenities include residents’ park, basketball and tennis courts, swimming pools, gyms, club house and children’s playground.

The amenities include 24-hour electricity and security; Fire Life Safety system with smoke detectors, fire alarms, sprinklers and pressurized stairwells; ample underground and surface parking; high speed elevators and broadband internet and energy efficient fixtures and fittings.

The development also offers ideal options for different homeowners looking for a quality investment with unrivalled views of the Atlantic coast as well as easy and convenient access to shopping, dining, leisure and entertainment experiences all within walking distance of their homes.

SENIOR ANALYST - REAL ESTATE

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