Development: The Imperial International Business City

• • Name: The Imperial International Business City (IIBC);
  • Developer: Channeldrill Resources;
  • Address: The IIBC, End of Freedom Road, Lagos Lagoon, Lekki, Lagos, Nigeria;
  • Use: Mixed – Residential and Commercial Elements;
  • Size: 150 hectares;
  • Construction Status: Ongoing.

The Imperial International Business City has three key descriptors: green, smart and self-sustaining. The IIBC was conceived in 2016 through a partnership between the Elegushi Royal Family and Channeldrill Resources.

 

The IIBC will be made up of 9 districts and they are: The Imperial City which is meant to be a business and commercial hub, residential areas are Imperial Beach, Imperial Gardens West, Imperial Gardens East, Marina West, Marina East, Park Avenue, Lagoon Views and King Island is a members-only island connected by 2 causeways

 

It is located in Lekki Phase 1 and will span from the end of Freedom way to Nicon Town – around the 4th Junction on the Lekki Epe Expressway.  It is currently being dredged and will be 150 hectares, with a dredging height of 3.5 meters as they noted that Lagos’ water level will rise about 1.35m due to the global water level rise.  

It is estimated that it will take about 2.5 years to have the reclamation and infrastructure in place and should be completed by October 2021.

Other Island projects nearby include Periwinkle Island and Orange Island, which are also being developed.