Asokoro Island’s $1 billion project broaches new housing deal in Abuja
• Monday, 29 September 2014 00:00
• Written by Chinedum Uwaegbulam
• Category: Property
A COMPREHENSIVE new initiative unveiled last week to provide luxury lifestyle destination and eco- friendly private residential development in Abuja’s most stunning natural environment, is promising an ambitious new deal for a fresh town project within the Asokoro area in the Federal Capital Territory (FCT).
The scope of scheme is massive and breathtaking, as it anticipated over 10,000 people in the proposed new city named Asokoro Island, estimated to gulp $1 billion by the completion. About 3, 500 families are expected in the private sector led development promoted by Nigerian investors, including institutional investors with some international partners.
The Island is approximately 60 hectares of land. Pendam Dam and Aso Rock bound the site to the North, the Asokoro A1 and Ajayi Crowther Street to the West, the A234 Murtala Mohammed Highway South and Abacha Barracks to the Southeast.
Senior officials of the company, disclosed that the project has received the active support and approvals of the Minister of the Federal Capital Territory (FCT), Senator Bala Abdulkadir Mohammed, under President Jonathan’s Transformation Agenda, designed to attract significant investment into the FCT by the private sector to develop tourism and to preserve the city’s ecology and our culture.
Designed by a leading Spanish Architect and Project Manager, Julian Zapata, the project seeks to position Asokoro Island as a unique integrated development that will feature its eco-friendly credentials ideal for private, business, diplomatic residence and for work, play and leisure.
The scheme offers special facilities that will cater adequately to potential residents, elite neighbouring community as well as local and international visitors. “The concept design for Asokoro Island will guarantee best results for coordination, management and execution, thanks to her location and a team of local and international experts who have created a new and different concept for Nigeria.
Asokoro Island is a new way of living in the present while looking at the future,” according to Zapata.
Asokoro Island will be built in three phases, with infrastructure development by Dantata and Sawoe. Construction work is expected to commence in October and a golf tournament has been sponsored by Asokoro Island to mark the 54th Independence Day celebration, which is aimed at attracting potential clients for off-plan sales.
Essentially, the Island will boast of special villas, Diplomatic apartments, luxury shops, hotels, food courts, golf course, museum and Theatre, Spas and condominiums, amongst others. The apartments benefit from private balconies, mezzanines and floor-to-ceiling windows, beautifully appointed to allow for the most spectacular views of the Pendam Marina, while each block boasts its own swimming pool and sun terrace. Skillfully crafted by internationally acclaimed architects, the apartments offer exceptional attention to detail – from layouts that maximise light and space to exquisite natural finishes and high-quality appliances.
The Chairman, Asokoro Island, Suleiman Yahyah revealed that “the six-star boutique hotel and spa promises unsurpassed amenities of luxury accommodation
and features outstanding levels of service, presidential suites and a private VIP entrance. The neighbouring five-star business hotel also incorporates facilities of the highest standard, including a fitness centre, outdoor swimming pools, restaurants and bars.”
Yahyah who further disclosed that 36 off-takers have indicated interest in the project, noted that the Studio Design at Harrods, a renowned interiors and luxury good store will deliver ready to move in palatial luxury apartments and villas to discerning investors.
“The creation of Asokoro Island will firmly establish the district’s reputation as a world-class lifestyle destination. This unique 570,000 square metres site brings together unparalleled recreational facilities, luxury shops, boutiques, a business school and primary school, and a cutting-edge commercial centre that will only add to Asokoro’s prestige. With a gated private residential development, Asokoro Island offers the promise of luxurious living in a secured environment to discerning local and international home owners.”
Yahyah said: “The island is designed to offer extensive leisure opportunities, from a lush nine-hole golf course surrounded by tropical flora to the picturesque marina on Pendam Lake. Nature enthusiasts will delight in the island’s botanical garden, while those in need of retail therapy can enjoy the elite brands and boutiques of Asokoro Island Mall. Children are well-catered for too, with a waterpark, interactive
zoo and an aquarium amongst others, offering thrilling family fun, and a multi-screen cinema showing all the latest blockbuster movies.
“Ranging from duplex houses to sprawling three-storey residences, each development features bespoke architectural details meeting the unique needs and desires of its occupants. Thoughtfully designed to offer maximum seclusion and privacy, the villas nevertheless invite the outside in, with breathtaking glass façades, open terraces and indoor gardens conspiring to make the most of the stunning natural environment.
“As the jewel of the development, the Presidential Villa exudes elegance and offers the pinnacle of luxury African living. Combining extensive living space with guest and staff accommodation, this breathtaking villa boasts its own landscaped gardens, two infinity pools, and a spacious outdoor dining terrace.
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