Alaro City is an integrated mixed-use urban community conceived on 2,000 hectares in the Lekki Free Zone. With a C of O, world-class infrastructure and reliable utilities, the city is changing the face of Lagos and the Lekki axis. The city has areas for offices, logistics and warehousing, homes, schools, healthcare facilities and entertainment, together with over 150 hectares of parks and gardens.
In addition, Alaro City offers various plot types zoned for different uses; from low, medium to high density residential uses to industrial and commercial uses. Below is a description of each use:
Low Density Plots – Single Family Units – Ground Floor +1 Floor Developable
Medium Density Plots – Ground Floor +2 Floors Developable
High Density Plots – Apartment Blocks – 4 to 6 Floors Developable
Industrial Plots - Our industrial/commercial (office space, hotel, retail stores)/warehousing plots start from 1,000 Sq.
Payments are acceptable in Naira at the prevailing open market exchange rates
Commercial and industrial plots are sold between $165-$200 per sq. depending on the location within Alaro city. (Minimum purchase is 1,000m2)
It is also important to note the various benefits of being within Alaro City; registered C of O, Industrial grade roads, 24 hours electricity via our own IPP, water, sewage, access to ICT. Other benefits include - rent charge in USD, capital appreciation on investment, located within a renowned master planned development.
Please find attached our presentation for your review, I have also attached the brochure and price list for universal homes.
Additional key insights on Alaro City:
· Developed by Rendeavour, Africa’s largest new city developer with over 12,000 hectares in its portfolio, with 7 cities in 5 countries including Kenya, Ghana, Zambia, DRC and Nigeria.
· Master plan created by Skidmore, Owings & Merrill (SOM), global leaders in the field who have worked on projects such as the Burj Khalifa, One World Trade Center - NYC, Millennium Park – Chicago, working together on Alaro City with City Scape.
· Phase 1 infrastructure implemented – including gas powered electricity, industrial grade roads, water, rain gardens etc.
· Existing clients include Ariel foods, the largest Ready to Use Therapeutic Food (RUTF) factory in Africa, servicing UNICEF, WFP and USAID, Starium FZE (part of BUA group), Sana Group (Factory developers for Beloxxi, and Kelloggs), Mantrac (Caterpillar), HMD and several others under contract.
Lekki Free Zone is the number 1 investment destination in the state with the Deep Sea Port, Dangote fertilizer plant and refinery, and many other anchor companies operating in the area etc.
Please let me know if you have any questions
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