Real Estate

Elegushi family partners real estate developer for Imperial international business city

As new real estate developments keep springing up on the Lekki/Ibeju Lekki corridor, the Elegushi Royal family of Lagos have partnered with real estate developer Messrs Channeldrill Resources Limited to launch the Imperial international business city project.

The Elegushi of Ikate land Oba Saheed Ademola Elegushi performed the groundreaking  for the commencement of the project which upon completion developers say will be a smart, green, safe and sustainable city.


Managing Director of Channeldrill Resources, Mr Femi Akioye said the 200 hectare  Imperial international business city project will be completely reclaimed from the Lagos lagoon, with dredging facilities already put in place to ensure the common issue of flooding on the Lekki axis does not occur in the city.

Other facilities planned include: Roads, Waterways, Underground drainage, Sewage, Water and water treatment plant, Independent electricity ( Gas Generated), Fiber optics cable, Cloud enabled Communication network and smart city/house infrastructure for willing subscribers, a mini marina, First Smart Shopping Mall in Africa, Cloud enabled 24 hours spy eyed security connected to a central security center, World class hospital within a dedicated Healthcare Zone.

Main access roads to the imperial international business city will be Freedom Road at Ikate bus stop through Lekki Phase 1 (Lekki Third Roundabout).

The general public will be notified when it is time to buy land. Meanwhile checkout our Real estate directory for those who want to buy landed properties or rent houses in Lekki, Ajah, Ikoyi and the Ibeju Lekki areas of Lagos.


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