Updated – Development: Cornerstone HQ, Victoria Island Annex (Oniru) – Lagos – Real Estate Market Data and Research for Nigeria and other African Countries | estate intel

Updated – Development: Cornerstone HQ, Victoria Island Annex (Oniru) – Lagos

Cornerstone Headquarters Office Development, Victoria Island Annex/Oniru.

  • Name: Cornerstone Headquarters Office Development;
  • Location: Chief Yesuf Abiodun Road, Victoria Island Annex/Oniru, Lagos;
  • Size Gross Lettable Area: 10,000sqm;
  • Use: Office;
  • Developers: Cap Phoenix Cornerstone;
  • Architects: Delano Architects;
  • Parking Bays: c. 208 (4 Levels + Surface);
  • Land Area: 4,483sqm;
  • Anchor Tenant: Cornerstone Insurance;
  • Main and Sub Contractor: Not Disclosed;
  • Piling Contractor: Colak Geotechnics Limited;
  • Contractor: BCL Nigeria;
  • Project Manager: Comprehensive Project Management Services;
  • Planning Consultants: Natuhab Consultants;
  • Published: December 2015; Updated: October 2016.

The Cornerstone Headquarters is a 12 floor office development in Oniru with 10,000sqm of lettable space. Located on the site adjacent to the Four Points by Sheraton Hotel, this project will be another addition to the pipeline of large commercial developments on Chief Yesuf Abiodun Road including the Art Hotel and Trinity Tower.

The Cornerstone HQ will have 8 floors of office space and 4 levels of parking that will accommodate ~192 cars. Surface parking will accommodate 16 cars.

It is being developed by ‘Cap Phoenix Cornerstone’ or the Capital Alliance Property Investment Company of African Capital Alliance and Cornerstone Insurance will be the anchor tenant, occupying two floors (c. 2,500sqm).

Site clearing and piling works began in late 2015 and the project is now on its first above ground level.

Cornerstone Headquarters Office Development, Victoria Island Annex/Oniru. Image Source: Delano Architects

Cornerstone Headquarters Office Development, Victoria Island Annex/Oniru. Image Source: Delano Architects

Cornerstone Headquarters Office Development, Victoria Island Annex/Oniru. Image Source: Delano Architects

Cornerstone Headquarters Office Development, Victoria Island Annex/Oniru. Image Source: Delano Architects

Cornerstone Headquarters Office Development, Victoria Island Annex/Oniru.

Cornerstone Headquarters Office Development, Victoria Island Annex/Oniru.

Cornerstone Headquarters Office Development, Victoria Island Annex/Oniru.

Cornerstone Headquarters Office Development, Victoria Island Annex/Oniru.

Cornerstone Headquarters Office Development, Victoria Island Annex/Oniru.

Cornerstone Headquarters Office Development, Victoria Island Annex/Oniru.