Arkland, Amald plan 19-floor tower in Eko Atlantic City
APROPERTY development company, Arkland Properties and Investment
Company Limited and Real Estate firm, Amlad Group have kick-started construction of a 19-floor luxury apartments at the Ocean Front District of the Eko Atlantic in Lagos.
Known as A&A Tower, the building designed by renowned Turkish architect, Atilla Ilhan, comprises
dual level penthouses, two and three bedroom apartments, high quality office spaces, and well-designed retail spaces with mezzanine floor.
The Managing Director, Arkland Properties and Investment Company Limited, Jide Olumodimu, told The Guardian that from the very foundation, design, construction, operation and maintenance, A&A Tower is a structure that is environmentally responsible and resource efficient throughout its life cycle.
He said that future residents of the mixed-use development will be immersed in the beauty of the surrounding landscape and the state of the art furnishings throughout the building.
“We’re thrilled to be joining the illustrious group of developers contributing to the growth of Eko Atlantic, the coastal city being built adjacent Victoria Island. This new city has evolved rapidly from a visionary design concept into a technological reality. Infrastructural road works and underground surface drainage pipes are already laid along major routes across the new city.
“All bridges in Phase I and II of the project have been completed. Across Eko Atlantic, independent reliable electricity, advanced fibre optic telecoms, and clean water utility services are already installed below street level. With the foundations in place, this magnificent engineering and technological city is now rising,” he said.
Olumodimu explained that the company has favourable pricing in comparison to other properties in Eko Atlantic, as buyers also have the option to purchase via multiple flexible installment payment plans.
Commenting on the project further, Olumodimu said, “This is our biggest and most exciting project yet. With 98 units in this building, we look forward to contributing positively to the Nigeria’s current housing crisis by providing viable property solutions. The course being set with ongoing projects at Eko Atlantic is one that acknowledges Nigeria’s role as one of the world’s fastest growing economies and we are proud to be contributing to this venture.”
Chief Executive Officer, Amlad group, Joseph Clarke said the units are already in high demand, penthouses in the property have been snapped up. “Buyers that couldn’t get the penthouses are already going for the two and three bedroom units, which is still very much an option. Beginning from now, we will deliver this project in 30 months. This is a fully indigenous owned company and we intend to deliver the best there is possible.
“There are limited spaces so we want to bring in the right tenants and businesses that will complement each other. This is a good investment opportunity and promises to be a top-notch destination for tourists as well,” he said.