Cosgrove, Benue Govt Set to Construct 1.29-Hectare Abuja Estate
Cosgrove, a real estate company in collaboration with the Benue Investment and Property Company Limited (BIPC), owned by the state government, has conducted the official ground-breaking ceremony of the 1.29-hectare smart estate in Mabushi, Abuja.
Speaking at the event, Governor of Benue state, Dr. Samuel Ortom, lauded the professionalism and creativity of Cosgrove, noting that the state would have probably sold the empty land without the input of the company.
Ortom, who was represented by his Deputy, Mr Benson Abonu, explained that the process started a few years ago when a presentation was made to the executive council, where it was suggested that the property should be sold off.
However, he stressed that with the emergence of Cosgrove, which he described as a reliable investor, the state decided to partner to build an estate in the Federal Capital Territory (FCT), noting that with project, the reliability of the company has been fully established.
The governor noted that having looked at the design , it was obvious that the rush to buy off the structures would begin soon, stressing that he had been assured that construction work would start immediately.
“The execution of the project will be actualised within schedule and I would like to express the gratitude of the Benue state government to Cosgrove investment and to say that as a government, we are going to do everything possible to support the company to bring this project to realisation,” he said.
In his remarks, Chairman of Cosgrove, Umar Abdullahi, who was represented by the Chief Technical Officer of the company, Engineer Baba Kalli, pointed out that the real estate development and general construction company, has always focused on pioneering the integration of technology and automation in real estate development in Nigeria.
He emphasised that the partnership is the first that truly captures the Benue state government’s goal through the BIPC to boost economic development in the state by promoting, managing and investing in projects which maximise stakeholders value.
He underscored the need to incorporate innovation in modern buildings, stressing that Cosgrove remains one of the few companies integrating vast technology and automation in construction which enhances user experience in the built-up space and creates high yield assets.
“This sprawling estate will sit on a 1.29 hectare land here in Mabushi district of the FCT and will be home to about 36 state-of-the-art smart homes.
“Every real estate investor knows that the key to the value of any asset is that axiom , location, location and location. Which is why we have the space and its proximity to strategic locations within and around the FCT, close to the airport, close to many shopping malls, recreational centres, just to name a few.
“Now, some of the features that home owners will enjoy in this estate which form part of our offerings, include the fibre-to-home , supported by full fibre optic cabling, automatic number plate recognition at the gate and Cosgrove is the first company to offer this technology in Nigeria,” he stated.