Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos

Dolapo Omidire . 5 years ago

IMB plaza

Number One

office development

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos

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Old Name: IMB plaza; New Name: Number One; Developer: Green Eagle Realty; Main Contractor: Craneburg Construction; Architect: Chapman Taylor; Gross Built Area: 11,261 sqm; Gross Lettable Area: c. 8,700 sqm; Parking Bay: 1:50; No of Floors: 7 (Seven) Floor to Ceiling height: 2.7 meters; Expected date of completion: March 2020; Published - 1 August 2018;…


  • Old Name: IMB plaza;
  • New Name: Number One;
  • Developer: Green Eagle Realty;
  • Main Contractor: Craneburg Construction;
  • Architect: Chapman Taylor;
  • Gross Built Area: 11,261 sqm;
  • Gross Lettable Area: c. 8,700 sqm;
  • Parking Bay: 1:50;
  • No of Floors: 7 (Seven)
  • Floor to Ceiling height: 2.7 meters;
  • Expected date of completion: March 2020;
  • Published – 1 August 2018; Updated – December 2019.

IMB Plaza, the iconic 5-floor structure designed by Inchscape.KI architects for International Merchant Bank in the mid-80s is being renovated. The property was acquired and renovated by Green Eagle Realty who retained and enhanced the property’s iconic design.

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos

Chapman Taylor, UK based architects, put together the new design and Craneburg Construction is the main contractor for this development. Number One is sitting on 11,261 sqm of Gross Built Area and approximately 8,700 sqm of Gross Lettable Area. Among others, space will include ground floor space for a bank and leasable office space on floors above, each with separate access and parking.

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos - December 2019.

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos – December 2019.

Property features and amenities include an extensive area of roof terrace space, in-house gym/fitness club provision, rooftop restaurant, 24-hours electricity and security, kitchenette on each floor, flexible floor plans, multilevel onsite car park, and café. The balcony has a span of 9-meters which, according to Craneburg, is the longest in Nigeria and can withstand the weight of 200 people at once.

The typical size per floor spans between 1,000 sqm – 1,300 sqm and the current asking rent is $650 per sqm/annum with a service charge of $100 per sqm/annum. The floor to ceiling height is 2.7 meters and the building has no raised floors. The expected completion is March 2020.

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos - December 2019.

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos – December 2019.

For purchase inquiries, reach out to Colette Amaeshi, Broll Property Services Limited.

(Email: [email protected], Phone number: +234 812 136 2922)

If you’d like to get more information on Ongoing Construction projects across Sub-Saharan Africa, log in / sign up to the Estate Intel Web Application. No subscription is required to sign up.

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos - December 2019.

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos – December 2019.

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos - December 2019.

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos – December 2019.

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos - December 2019.

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos – December 2019.

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos - December 2019.

Renovation: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos – December 2019.

The Iconic IMB Plaza on the corner of Ahmadu Bello Way and Akin Adesola Street in 2009. Image by MOdAMO.com

The Iconic IMB Plaza on the corner of Ahmadu Bello Way and Akin Adesola Street in 2009. Image by MOdAMO.com

April 2017. Photos: The Iconic IMB Plaza in Victoria Island is being Renovated

April 2017. Photos: The Iconic IMB Plaza in Victoria Island is being Renovated

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island - Lagos

Development: Number One (Formerly IMB Plaza), Corner of Akin Adesola Street and Ahmadu Bello Way, Victoria Island – Lagos