REAL ESTATE

Anxiety Over 100-Floor Audacity Skyline In Lagos

<p><em>Anxiety over 100-floor Audacity Skyline<&sol;em><&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a> reports that palpable anxiety has enveloped the Lagos landscape following the commencement of the development of a project called &OpenCurlyDoubleQuote;The Audacity Skyline&comma;” a 100-floor that will be a mixed-use high-rise in Eko Atlantic City&comma; Lagos State&period;<br &sol;>&NewLine;The <strong>anxiety<&sol;strong> over the innovative building is not unconnected with the loss of confidence in building engineers especially in high-rise housing projects arising from the immediate loss of innumerable souls in a collapsed 21-story building under construction last week in Ikoyi&comma; Lagos&period;<br &sol;>&NewLine;The collapsed building raised lots of credibility questions on the supervisory roles of government regulatory agencies as well as construction engineers who have perfected tactics of using sub-standard materials in constructing high-rise buildings with the aim to maximize profits&period;<br &sol;>&NewLine;It was against this backdrop that a concerned retired permanent secretary in the federal civil service expressed fears in the intentions of a real estate firm&comma; Landwey Investment Limited&comma; to commence the construction of the 100-Floor Audacity Skyline&period;<br &sol;>&NewLine;&OpenCurlyDoubleQuote;Government must live up to its task and the building regulatory agencies must also properly scrutinize this proposed <a href&equals;"https&colon;&sol;&sol;punchng&period;com&sol;">100-floor<&sol;a> building on Victoria Island&period; They must be sure that every segment meets the required standards because we are tired of losing innocent souls&comma;” he stated&period;<br &sol;>&NewLine;The retiree who does not want his name mentioned told OpenLife in the early Saturday conversation that &OpenCurlyDoubleQuote;Using substandard materials in construction whether residential or commercial houses and road construction is another form of terrorism which government must pay attention to&comma;” he advised&period;<br &sol;>&NewLine;The Chief Executive Officer of the real estate company&comma; Olawale Ayelara&comma; has stated that the project is an architectural masterpiece that would feature tastefully finished residential with pent-houses&comma; commercial spaces and multi-level parking designated area&period;<br &sol;>&NewLine;The proposed tower will be seated on 3&comma;500 square metres of land space and is expected to start in August 2022 to be completed in a two-year period&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;

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