Firm Announces First Water Display Park in Lagos, to be Sited in Highbrow Area

Firm Announces First Water Display Park in Lagos, to be Sited in Highbrow Area

  • A Nigerian company has announced plans to build Africa’s first water display park in Lagos
  • The company said the park is sited in a highbrow area of Lagos, making it accessible to the sophisticated in the state
  • The company stated that the facility would bring 6000 square metres of multi-sensory water display park in Nigeria’s commercial hub

A real estate firm, Meridian Properties Limited, has announced a breakthrough project that will bring a 6000 square metres multi-sensory water display park to Lagos, the first of its kind in Sub-Saharan Africa.

Situated along Lekki-Epe Expressway, 15 minutes drive from the proposed new airport, the developers announced that Makarios Luxury Place is an iconic real estate development on approximately 84 acres built with the upper-middle class and upwardly mobile people in mind.

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Water display park, Lagos
Julie-Emakpo Egwejemu and proposed plan of the park Credit: Lagos State government
Source: Getty Images

Facility sited near Lagos highbrow area

The high-end estate with over 834 residencies with a mix of terraces, flats and detached apartments will provide occupants access to several high-quality shared luxuries, including an 8106sqm retail mall, 1,500sqm communal recreation space, restaurants, fitness centre and an all-around elevated living experience.

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Speaking to Legit.ng on the innovation, the Head of Sales and Marketing of Makarios Luxury Place, Julie-Emakpo Egwejemu, expressed confidence, describing the project as a perfect investment for upwardly mobile and urban dwellers seeking investments that are suitable for their status.

She said:

“Makarios essentially will be a one-of-a-kind estate where people can live, work, eat, play and shop. It stands out as a testimony to the best offered in Africa’s largest and most populated city”, she stated.
“Development is at full speed and 26 access roads in the estate are nearing completion. At Makarios, we won’t just sell you an unfathomable dream, we are backing it up with verifiable actions. In the next couple of months, this development will change both the skyline and general perception of Ibeju Lekki, showing the region’s growth and ability.”

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Firm commits to build largest economic hub in West Africa in Kano

Legit.ng reported that Nigeria's ancient city of Kano has sustained a reputation for a business that extends to North Africa and pre-dates the colonial administration.

Therefore, the emerging Kano Economic City (KEC) has been conceptualized to return Kano to its prime as a major economic hub in the West Africa sub-region.

Built as a Public Private Partnership (PPP) between the Kano State Government and Brains and Hammers Limited, the project is designed as an architectural masterpiece and a model for the future development of markets in West Africa. So far, over 3234 shops have been constructed and have mostly been sold.

Source: Legit.ng

Authors:
Pascal Oparada avatar

Pascal Oparada (Business editor) For over a decade, Pascal Oparada has reported on tech, energy, stocks, investment, and the economy. He has worked in many media organizations such as Daily Independent, TheNiche newspaper, and the Nigerian Xpress. He is a 2018 PwC Media Excellence Award winner. Email:pascal.oparada@corp.legit.ng

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