Amid Nigeria’s widening housing deficit and growing concerns over substandard construction and building collapses, Lagos-based developer, Alexander Limited, has pledged to deliver 54 luxury residential units at the 16 Alexander Tower in Ikoyi, Lagos, in strict compliance with building regulations and global construction standards.
The developer also assured prospective buyers and investors that no expense would be spared in ensuring the 21-storey high-rise is constructed with premium-quality materials and subjected to rigorous supervision at every stage of development.
Speaking during a tour of the project, the representative of the Executive Chairman of Alexander Limited, Mr Napoleon Esemudje, described the development as a high-quality luxury residential project designed to stand the test of time.
He said the company was committed to delivering a legacy property that would retain its value for generations.
“Anybody who buys a property here will be proud of this asset, not just for themselves, but for generations to come because we are building it to last. This is a development people will still be talking about in the next 150 years because of the exceptional quality being delivered,” Esemudje said.
The commitment comes against the backdrop of growing public concern over building failures and collapses across the country, particularly in major urban centres such as Lagos.
The Alexander Tower is being developed on a 4,276.216-square-metre site in the upscale Ikoyi residential district. The development comprises 54 luxury apartments, including 26 two-bedroom units across Wings A and B, 26 three-bedroom units across the two wings, and one duplex in each wing.
Designed with contemporary architecture and landscaped greenery, the development will feature an indoor swimming pool with a lounge deck, a fully equipped gym, steam and relaxation rooms, indoor sports facilities, a yoga and meditation area, and social relaxation spaces for residents and their guests.
Other facilities include 24-hour concierge and security services, surveillance systems, high-rise panoramic views and 150 parking spaces.
Each apartment will have two dedicated parking spaces, in addition to parking facilities for visitors.
Speaking during the inspection, the project’s marketing and real estate consultant, Dr Meckson Okoro, assured subscribers of the development’s structural integrity and long-term investment potential.
He disclosed that Cappa and D’Alberto Plc is handling the main construction and civil engineering works, while Baron Architecture is the principal architectural consultant.
Trevi Foundations is responsible for specialist piling and deep foundation works, while Lambert Electrics Limited is handling the mechanical, electrical and plumbing installations.
According to Okoro, construction has reached the 17th floor, leaving four floors to complete the 21-storey tower. He said the project is scheduled for delivery on or before December 31, 2027.
He stressed the need for continuous monitoring of the construction process to protect the structural integrity, rental value and long-term viability of the apartments.
“It is at this stage of development that all stakeholders must remain vigilant to ensure the long-term viability and rental value of the apartments are not compromised. Anyone purchasing a unit now or in the future should be confident that they have made a sound investment.
“In every developed society, high-rise developments are not just about the developer. The interests of the public and other stakeholders must be protected from the piling and foundation stages through completion,” he said.
Okoro added that construction activities were being closely monitored to guarantee structural stability, safety and durability for both owner-occupiers and investors.
The Project Manager at Cappa and D’Alberto Plc, Mr Prabal Chakrabarti, said high-rise buildings could be safely developed in Nigeria when designed and executed by qualified professionals and subjected to rigorous supervision.
He also disclosed that arrangements were being made to appoint a reputable facility management company to oversee the building after completion.
Explaining the project’s quality assurance process, Chakrabarti said every stage of construction undergoes several layers of inspection before concrete is cast.
“Before any casting, we certify the work internally. Our consultants, Baron Architecture and the structural engineering consultants, inspect and certify it. It then goes to the client’s consultants, CDH, who supervise and approve our work.
“After that, officials of the Lagos State Building Control Agency (LABSCA) inspect the reinforcement, columns and slabs. Only after receiving approvals from all four levels do we proceed with casting,” he said.
Chakrabarti added that the company strictly adheres to safety protocols and international quality standards.
“We are an ISO-certified company, so we comply with all ISO procedures and undergo regular inspections. Given recent incidents of building collapses in some areas, we have taken structural safety extremely seriously.
“Every aspect of this project is being executed in line with global best practices to ensure the highest level of safety and durability,” he said.
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