Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi – Lagos – Real Estate Market Data and Research for Nigeria and other African Countries | estate intel

Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi – Lagos

Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi - Lagos

Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi - Lagos

  • Name: Hotel Project;
  • Address: Corner of Ojora and Onitolo Road, Ikoyi, Lagos – Nigeria;
  • Use: Hospitality;
  • Keys: 200;
  • Features: Banquet Hall, Rooftop bar and swimming pool, Fitness Centre and Spa;
  • Parking: 300 bays;
  • Floors: 7;
  • Developer: Tom Hawksworth Limited;
  • Architects: Design Group Nigeria;
  • Project Managers: Design Group Nigeria;
  • Structural Engineers: Jubas & Company Limited;
  • Mechanical and Electrical Engineers: Avantis Integrated Consulting;
  • Main Contractor: Vita Construction Limited;
  • Quantity Surveyor: BQC Consultants Limited;
  • Electromechanical Contractor: Nairda;
  • Published: April 2017, Updated: October 2017.

Tom Hawksworth Limited is currently developing a 7 floor hotel located at the corner of Ojora and Onitolo Road in Ikoyi, Lagos.

Even though the operator for the hotel is yet to be disclosed, the developers have indicated that the hotel will  have 200 rooms, include a 500 seater banquet hall and up to 300 car parking bays through basement and surface parking. Among other features, there will also be a rooftop bar and swimming pool as well as a fitness centre and spa.

Tom Hawksworth Limited is an Abuja-based property developer created to invest and develop property in Nigeria. Design Group designed the hotel and will be project managing, while Vita Construction was selected as the main contractor for the project.

The Wheatbaker Hotel, a boutique luxury hotel with just under 70 rooms, is located directly opposite this development and rates for a standard room at the hotel are typically north of $400/night. Rates charged by many hotels in Lagos are relatively high and average occupancy levels have been quite low over the past 24 months, typically ranging between 30% and 40%.

Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi - Lagos

Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi – Lagos

April 2017. Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi - LagosView from Wheatbaker Hotel. Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi - Lagos

April 2017. Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi – Lagos. 

April 2017. View from Wheatbaker Hotel. Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi - LagosView from Wheatbaker Hotel. Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi - Lagos

April 2017. View from Wheatbaker Hotel. Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi – Lagos

 

October 2017. Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi - Lagos. 

October 2017. Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi – Lagos.

October 2017. Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi - Lagos. 

October 2017. Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi – Lagos.