Banana Island | |
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city | |
![]() Architectural drawing of Lagoon City | |
Coordinates: 6°28′N3°27′E / 6.467°N 3.450°E | |
Country | ![]() |
State | Lagos State |
City | Lagos |
LGA | Eti-Osa |
Neighbourhood | Ikoyi |
Time zone | UTC+1 (WAT) |
Banana Island is an artificial island off the foreshore of Ikoyi, Lagos, Nigeria. Its name derives from the curvature of its shape. The island is a planned, mixed development with residential, commercial and recreational buildings.
The original Banana Island construction project entitled Lagoon City was the brainchild of the late Chief Adebayo Adeleke, a University of London trained Civil Engineer (MICE), and CEO of City Property Development Ltd.
Adeleke had originally commissioned a new urban development in Maroko, Victoria Island, but that project had been acquired by the Lagos State government. Following a lengthy 10 year court case, Lagos State government offered other parcels of land as consideration for the Maroko development.
Banana Island is a man-made island in Lagos State, Nigeria that is slightly curved in shape – like a banana. It is located in the Lagos Lagoon and is connected to Ikoyi Island by a dedicated road which is linked to the existing road network near Parkview Estate. The island was constructed by the Lebanese-Nigerian Chagoury Group in partnership with the Federal Ministry of Power, Works and Housing, [1] and is considered to be on-par with the 7th arrondissement of Paris, La Jolla, California (in San Diego), and Tokyo's Shibuya and Roppongi neighbourhoods. [2]
It occupies a sand-filled area of approximately 1,630,000 square metres and is divided into 536 plots (of between 1000 and 4000 square metres in size), mainly arranged along cul-de-sacs, designed as to enhance the historically residential nature of Ikoyi. Residents are provided with utilities, including underground electrical systems (versus the overhead cabling common throughout Lagos), an underground water supply network, a central sewage system/treatment plant, street lighting and satellite telecommunications networks. [3]
The Island is a planned, mixed development, with dedicated areas for residential, commercial and recreational activities. On the residential side of the Island, planning permission is not granted for dwellings over 3 storeys high. The developers also intend to develop a main piazza, a club-house, a primary and secondary school, a fire and police station and a medical clinic. They are also negotiating to build a 5-star hotel on the island, along with an array of smaller Guest Houses.
Banana Island hosts several high end residential developments such as Ocean Parade Towers [4] - a series of 14 luxury tower blocks strategically situated at one end of the island to take advantage of 180 degree panoramic views overlooking the lagoon. Similar to many of the developments on the island, it has dedicated leisure facilities such as a private health club - with tennis courts, squash courts and a swimming pool surrounded by extensive gardens. [5] At launch flats in Ocean Parade sold for over US$400,000. [6]
Several leading Nigerian and International corporates such as - Etisalat Nigeria, [7] Airtel Nigeria, [8] Ford Foundation Nigeria [9] and Olaniwun Ajayi & Co [10] - are also based on Banana Island.
Lagos, or Lagos City, is a large metropolitan city in southwest Nigeria. With an upper population estimated above 21 million dwellers, it is the largest city in Nigeria, and the most populous urban area on the African continent. Lagos was the national capital of Nigeria until the government's December 1991 decision to move their capital to Abuja in the centre of the country. Lagos is a major African financial centre and is the economic hub of Lagos State and Nigeria at large. The city has a significant influence on commerce, entertainment, technology, education, politics, tourism, art, and fashion in Africa. Lagos is also among the top ten of the world's fastest-growing cities and urban areas. In 2024, Time Out magazine ranked Lagos as the 19th Best City to visit in the World. A megacity, it has the fourth-highest GDP in Africa, and houses one of the largest and busiest seaports on the continent. Due to the large urban population and port traffic volumes, Lagos is classified as a Medium-Port Megacity.
Lagos State is a state in South West, Nigeria. Of the 36 Nigerian states, Lagos is the second most populous state but the smallest in terms of land mass. Bounded to the south by the Bight of Benin and to the west by the international border with Benin for 10 km, Lagos State borders Ogun State to the north for about 283 km, making it the only Nigerian state to border only one other state. Named for the city of Lagos—the most populous city in Africa—the state was formed from the Western Region and the former Federal Capital Territory on 27 May 1967.
Victoria Island (VI) is an affluent area that encompasses a former island of the same name neighbouring Lagos Island, Ikoyi and the Lekki Peninsula by the Lagos Lagoon. It is the main business and financial centre of Lagos State, Nigeria. Victoria Island is one of the most exclusive and expensive areas to reside in Lagos. The town and island lie within the boundaries of the Eti-Osa Local Government Area (LGA).
Ikoyi is the most affluent neighborhood of Lagos, located in Eti-Osa Local Government Area. It lies to the northeast of Obalende and adjoins Lagos Island to the west, and at the edge of the Lagos Lagoon. Popular with the extreme upper class residents of Nigerian society, Ikoyi is arguably one of the wealthiest communities within Nigeria.
Oba Otudeko CFR is a Nigerian businessman who serves as the founder and chairman of the Honeywell Group. He was a former chairman of FBN Holdings and founder of the Oba Otudeko Foundation.
Ebute Metta is a neighbourhood of Lagos Mainland, Lagos, in Lagos State, Nigeria.
Eti-Osa is a Local Government Area of Lagos State in Nigeria. Lagos State Government administers the council area as Ikoyi-Obalende LCDA, Eti-Osa East, and Iru Victoria Island LCDA. Within Eti-Osa are several important areas of Lagos State, including Lagos' Victoria Island. Before the Nigerian Capital moved to Abuja, Eti-Osa Local Government Area served alongside Lagos Island Local Government Area as the seat of the national capital. Eti-osa used to be the poorest neighborhood in Lagos State until development changed it to become one of the most prosperous areas where the richest Nigerians live in Lagos. Currently, Babajide Sanwo Olu is the governor of Lagos State and responsible for the local government setup and delivering government services to the people.
Gilbert Ramez Chagoury is a Nigerian billionaire businessman, diplomat and philanthropist.
Chagoury Group is a Nigerian multinational business conglomerate headquartered in Lagos, Lagos State. Founded in 1971 by Gilbert R. Chagoury and Ronald Chagoury, their businesses include construction and property development, flour mills, water bottling and purification, glass manufacturing, insurance, hotels, furniture manufacturing, telecommunications, transportation, IT, catering and international financing.
Eko Atlantic, officially Nigeria International Commerce city, also known as Eko Atlantic City, is a planned city in Lagos State, Nigeria, being constructed on land reclaimed from the Atlantic Ocean. Upon completion, the new peninsula is anticipating at least 250,000 residents and a daily flow of 150,000 commuters. The development is also designed to help in stopping the erosion of Lagos city's coastline.
FMA Architects Ltd is an international architecture, planning and interior design firm headquartered in Lagos, Nigeria.
Eko Hotels and Suites is a five-star conference centre hotel in Lagos.
Lekki is a city in Lagos State, Nigeria. It is located to the south-east of Lagos city. Lekki is a naturally formed peninsula, adjoining to its west Victoria Island and Ikoyi districts of Lagos, with the Atlantic Ocean to its south, Lagos Lagoon to the north, and Lekki Lagoon to its east; however, the city's southeast, which ends around the western edge of Refuge Island, adjoins the eastern part of Ibeju-Lekki LGA.
Parkview Estate is a suburb of Ikoyi in Lagos.
Shakirudeen "Sola" Giwa is a Nigerian politician and lawmaker in the 8th Lagos State House of Assembly Inaugurated on June 8, 2015.
Ilubirin Estate is a public foreshore housing project being built on reclaimed land in Ikoyi Island, Lagos at the foot of the Third Mainland Bridge, facing the Lagos Lagoon waterfront on Lagos Island
Airtel Networks Limited (Airtel Nigeria), commonly known as Airtel, is a leading mobile network operator in Nigeria. According to the Subscribers statistics released by Nigerian Communications Commission (NCC) on 30 August 2019, Airtel Nigeria has 26.8% mobile telephone market share and 46.8 million subscribers. The company is a subsidiary of Airtel Africa, the holding firm for Bharti Airtel's operations in 14 countries in Africa.
4 Bourdillon is one of the tallest residential buildings in West Africa. It is located on the corner of Bourdillon and Thompson Road, Ikoyi, Lagos. It is a Twin Tower of 25 Floors comprising 41 apartments. The 41 Units have 3 and 4 Bedroom Flats and 5-Bedroom Duplex Flats and Duplex Penthouses.
On 4 July 2024, heavy rainfall caused flooding in Lekki, a city in Lagos State, Nigeria. The flooding caused significant damage to residential areas in Ibeju-Lekki and other affected locations. The streets were covered in water, buildings collapsed, and cars were swept away.
[[Category:Mixed-use developments in Lagos]
Stolen from original owner by the local government