By Jude Njoku

BUSINESS activities in the Lagos State capital, Ikeja, has been boosted with the construction of a purpose- built commercial complex by Messrs IHL Properties Limited.

The developer which is a subsidiary of Ibile Holdings Limited, the investment agency of the Lagos state government,  is located on a prime corner-piece parcel of land at the merge of Mobolaji Bank Anthony Way and Kodesoh Street adjoining the Ikeja General Hospital otherwise called Ayinke House.

Managing Director of IHL Properties Limited, Mr Adeyinka Onigbanjo explained that the plaza was conceived to complement Ikeja Plaza I which was also developed by Ibile Holdings and managed by IHL Properties.

Specifically, Ikeja Plaza I is a four-storey commercial building with a penthouse, a banking floor and 94 office suites spread on the remaining three floors.

“It is in close proximity with the airports and about 10-minute drive from Murtala Mohammed International Airport MMIA. The plaza is bounded by the Police Barracks on the right and the Computer Village at the rear,” Onigbanjo said.

Ikeja Plaza

Speaking on what prompted his company which is currently developing Platinum Rows Estate in Lekki and another 461-units Estate at Iyana-Oba, to venture into the construction of the plaza, Onigbano said “the objective is to develop a premium commercial property in the prime urban location of Ikeja, which is the gateway of the state.

The idea is to have a development that fuses simplicity, functionality, flexibility and aesthetics”. The plaza, according to him, has made provision for banking facilities, food court, retail shops/mall and office suites.

“Ikeja Plaza II is designed as a purpose-built commercial complex on eight upper floors and three basement floors, all of which is covered with a flat roof. It is developed on a firm and well-drained plot of approximately 4,300sqm. The ground floor has facilities for banking, restaurants and eatery and flexible office shops on upper floors.

There is parking spaces for about 300 vehicles on three basement floors and adequate provision has been made in the design for amenities and services such as access, passenger and goods’ lifts, electricity from public source and standby generators, water from public source through underground and overhead tanks with treated borehole to supplement.

There is also provision for firefighting equipment, refuse handling bay, circulation and landscaping.There is segregated ingress and egress for proper traffic management and all of these are wrapped by perimeter fencing,” the IHL Properties boss said.