Development: Lorenzo, Bourdillon Road, Ikoyi – Lagos – Real Estate Market Data and Research for Nigeria and other African Countries | estate intel

Development: Lorenzo, Bourdillon Road, Ikoyi – Lagos

Lorenzo, Bourdillon Ikoyi. Lagos

  • Project Name: Lorenzo;
  • Location: 16 Bourdillon Road, opposite Goldcross Hospital, Ikoyi – Lagos;
  • Site Area: 3,800sqm;
  • Floors: 25;
  • Gross building area: 42,000sqm;
  • Mortgage Finance: FCMB;
  • Number of Apartments: 57;
  • Architects Consultants: Cavalerio Architects;
  • Architects Consultants: NLE Works;
  • Engineering Consultants: SprenPLAN Engineering;
  • Engineering Consultants: Pinconsult Associates Ltd;
  • Developer: Sujimoto Construction;
  • Contractor: Selection process ongoing;
  • Estimated delivery date: 2018.

Lorenzo is a 25 floor ultra luxury residential development on Bourdillon Road, Ikoyi, which will be built on a 3,800sqm site. Designed by Portugese Architects, Cavalerio, it is expected to be Ikoyi’s tallest residential tower at 108 meters. Lorenzo plans on providing its occupants with panoramic views of Lagos, a health club and gym, swimming pools, movie rooms, play ground and units with 4-meter floor to ceiling heights.

There will be options for 2, 3, 4 bedroom apartments or Pent-Villas, with sizes ranging between 300 and 1,000sqm. Other facilities on offer include a mini-mart/pharmacy/clinic, virtual golf bar, beauty salon, spa, dry cleaners, 24 hour concierge, advanced access cards in a bid to promote a ‘keyless society’, 182 parking bays (providing ~3 bays per apartment) as well as global restaurant – Novikov.

Sujimoto, the developer for this project, was also behind the Medici Terraces on Milverton Road in Ikoyi. The names for both the Medici Terraces and Lorenzo were inspired by Lorenzo De Medici, an Italian statesman and ruler of the Florentine Republic between 1469 – 1492.

The contractor for this project is yet to be selected, however one has passed the pre-qualification phase. Given Lorenzo’s size, construction may last 30 – 36 months, hence completion is estimated during 2018 if construction starts soon. It is located on #16 Bourdillon Road, not far from the 25 floor #4 Bourdillon Project by Kaizen Properties and Cadwell’s planned luxury tower.

Pre-sales for the tower are seemingly going well as our contact at Sujimoto has revealed that 17 of the 22 units up for sale have either been sold or are under strong offer. Watch a video about Lorenzo here.

Lorenzo, Bourdillon Ikoyi. Lagos

Lorenzo, Bourdillon Ikoyi. Lagos

Lorenzo, Bourdillon Ikoyi. Lagos

Lorenzo, Bourdillon Ikoyi. Lagos

Lorenzo, Bourdillon Ikoyi. Lagos

Lorenzo, Bourdillon Ikoyi. Lagos

Lorenzo, Bourdillon Ikoyi. Lagos

Lorenzo, Bourdillon Ikoyi. Lagos

Lorenzo, Bourdillon Ikoyi. Lagos

Lorenzo, Bourdillon Ikoyi. Lagos

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