Echostone Partners Lagos on 2,000 Houses

• Echostone Partners Lagos on 2,000 Houses

A property development firm, Echostone Development Nigeria Limited, has signed an agreement with the Lagos State Government to build housing units in three locations within the state.

The areas are Idale in Badagry Local Government Area, Ayobo in Alimosho Local Government Area, and Imota in Ikorodu Local Government Area.

The project is expected to commence with the Idale site.

The firm, according to the Commissioner for Housing, Gbolahan Lawal, is expected to provide a total of 2,000 housing units comprising two-bedroom terraced bungalows and flats in the three locations starting with 250 units at Idale.

Lawal said the schemes would be provided with complementary world class infrastructure, including paved road network, potable water and water reticulation to the housing units.

Others, according to him, are power supply, street lights, car parks, sewage reticulation and green areas.

Lawal stated, “The project is to underscore the intention of the administration of Governor Akinwunmi Ambode to ensure that the Lagos Affordable Public Housing Initiative impacts on every part of the state.

“It is also the intention of the governor to ensure that development and urbanisation meet the citizens at their locations. This, we all know, will reduce urban migration, density and over population in the metropolis. This project will provide modern housing estates that will be comparable to the modern developments going on anywhere in the world.”

He said the houses would be developed using technology that would ensure speedy delivery and would also reduce the carbon footprint by 40 per cent in line with global climate change initiatives and efficient eco-friendly water and sewage systems.

“This technology, known as the Echostone housing System, comprises of specialised cellular lightweight concrete material and a construction process that is rapid and scalable. The Echostone system combines best-in-class design, development and construction elements to achieve higher standards for communities,” the commissioner noted.

According to him, the project, in addition to providing decent and affordable housing for the citizens, is also expected to considerably increase the value of adjoining land thereby further empowering the people economically.