RedPanthar:
Africans, rather than brain storm ways to improve and how to. They are busying fighting themselves one against the other. Igbos can't do thus, yoruba that. Hausas the other

I won't kill myself over Nigeria lai lai

Aconomist:
I agree. We are failing on so many fronts. If not for the Lebanese in Lagos, the city would be a village. Lekki, Banana Island, Eko Atlantic where all developed by Lebanese investors -- specifically Chagoury Group while we just sit and bicker amongst ourselves.

RedPanthar:



The yoruba " oduduwa " as a region has many battles left and right and is distracted by the seemingly much battles to pay keen attention on outlining developmental fears


Till now, there's fear in Oduduwa about foreign people being prosperous in Oduduwa. Now, this fear stagnates forward thinking progress

The morbid fear that others will come take over.

The Marina and the likes needs high volume companies like oil and gas baking and telecom to push it up


The honest truth is Lagos, Marina and the entire SW needs more than raw/pure SW power to be able to push it up and this ought to be on the table. Sadly, Nigeria hasn't moved beyond ethnic reasoning

Aconomist:
Yea, I've been eagerly awaiting when Dangote builds his headquarters (either in Marina or Eko Atlantic). Total ENP is also planning a building called "La Definition" in Eko Atlantic to house its employees. Facebook is planning its HQ in Ikoyi I think, but it hasn't been announced yet. Folorunsho's Famfa oil is also building in Ikoyi.

Some of the indigenous oil companies such as Amni Oil have decided to go to Eko Atlantic instead of Marina. Here is the prototype of their tower. It is right next to Alpha 1. The big companies are all avoiding Marina

RedPanthar:




I've come across the masterplan a cross section of the Eko Atlantic masterplan and it's a masterclass. It's worth waiting for and would be a thing of pride to the SW. I congratulate you guys in advance

Aconomist:
Eko Atlantic truly is a masterpiece. Take a look at the progress so far. It's actually progressed further than what is shown in the video. Azuri is complete (except for cladding) work has started on A & A and La Definition. And they now conduct boat tours in the canal. God bless Chagoury Group for bringing this to lagos.


https://www.youtube.com/watch?v=RvuuVxmsbW0

RedPanthar:



My parents met themselves in Marina. Passed through or visited Marina for over 25 years. I'm providing answers based on reality


One can't go to marina or return from the mainland without spending hours on such trips. Life happened to Marina. Marina that used to be the next name after God is hardly known or acknowledged by the new generation

Aconomist:
You are making excuses brother. If that is the reason Marina failed, then why are people building up area's like Lekki, Ikoyi and Eko Atlantic that are even further away from the mainland? If traffic was the issue, the solution would be to build more density (residential skyscrapers) at Marina so people won't have to commute to work. But Marina is full of abandoned buildings that haven't been converted into apartments and outside of the core business district in Victoria island, the area is almost like a slum.. full of short low density buildings renting for an astronomical amount.

Aconomist:
It's senseless. With how high rents are in Lagos, why wouldn't someone just renovate the building and make some nice apartments that could easily rent for $2,000 to $6,000 a month? We like to blame government for everything, but reality Nigerians aren't thinking. We are just stangant people. If not for the lebanese, I doubt lagos would look much different from Ibadan in terms of a skyline.

Nairalandian:
If only the whole of Nigeria can look like what I'm seeing above

Aconomist:
It's senseless. With how high rents are in Lagos, why wouldn't someone just renovate the building and make some nice apartments that could easily rent for $2,000 to $6,000 a month? We like to blame government for everything, but reality Nigerians aren't thinking. We are just stangant people. If not for the lebanese, I doubt lagos would look much different from Ibadan in terms of a skyline.

samuelchimmy:
next name after God.? How? Mind the way you draw comparison biko

onegig:
1. It is simple security or lives and businesses.

I dare anyone of you to walk around Marina past 7pm. I can't even drive on Broad street in the evening for fear of been attacked. A colleague's car windows was smashed with stones on that street and there are numerous tales of robbery on the Apongbon axis during rush hour traffic or early mornings. Regular gang fights happen on a steady basis.

It's proximity to Isale Eko and the littany of touts, thugs, shanties, slums and rowdy markets around the area makes it very hard to justify investment by blue chip companies. If UBA, First Bank or even Sterling would have their ways they would gladly relocate to VI or Ikoyi in an instant.

I walk and drive around VI at 12am or 1am . I dare not do that in Marina.

Investment thrives in areas of relative peace.

2. Accessibility of the roads.

Road networks are literally blocked around with all manner of wears by petty traders and rickety buses.

Try getting round Marina and come tell your story. Parking in Marina is one of the hardest things you can attempt. From touts extorting you in unauthorized parking spots to inefficient and unavailable car parks.


I wouldn't want to setup a meeting and select Marina ever for a client. So why would you as a developer want to build new structures there?

rossniti:


Does the whole of America look like New York City?

RedPanthar:




You're right. I get your point


Let's delve into civil engineering and architecture and discuss from engineering perspective



Modern architecture advocates more space by creating pretty large buildings. Something Asians like Chinese and Japanese learnt timely from Western countries necessitating the design and landscape use of new locations like UAE


It wasn't too long in history technological innovation behind sky scrappers became

Mark the word " affordably available "



To Build a sky scrapper like Oriental back in the ages would gulp 200 times the cost of doing so in its original version which even recently at foundational. Level of Oriental would cost billions


To Build Oriental just to its foundation would gulp billions ad I'm not saying 10 billion. Now, how many Nigerian businesses and brand or foreign brands were willing to experiment spending billions on skyscrapers when they could easily rent space in available ones. Take a look at Savannah bank building and the likes that has been under construction for years


The high construction cost back the of buildings in Marina jerked up rental costs which ultimately pushed business costs


Cities like Dubai and UAE were built at a time, Mark the word from my in depth research on sky scrapper were built on what technology has watered down to become extremely cheaper, providing more readily available technocrats and experts unlike limited experts of the past


What I'm trying to say is building mega cities in the past was extremely expensive. Building it in the present like in UAE is extremely cheap now. Hence it's cheaper to build a new Marina now, than it was or than to refurbish. To develop Marina, more Nigerian brands needs to become much more economically viable and the economic viability would stimulate the development



Lekki and Ajah are trending because individuals within personal financial power could afford it. Average housing project 50/300m. Skyscraper 200billion starting cost. Hence it's within the means of.. Bottoming is our corporate world doesnt command the financial power to serve as backbone for a fully industrialised Marina as you would have it in the western world's and the likes

Nairalandian:

But at least most of it looks good

Nairalandian:

But at least most of it looks good

rossniti:


Why didn't you say ''look good'' in our own case instead of demanding everywhere looks like Marina?

Bragalane:
Do skyscrapers really cost 200 billion ?
Let say 10 - 15 storeys, I build house n sell n had my sight on accomplishing that but I am yet to even dream of 200 billion talk less of loan owning or borrowing it.

Christistruth00:


Be honest with yourself Marina ran out of Space since the 1980s.

Reclaimation of Land from the Ocean is cheaper and easier in some areas but I suspect the Water level in Marina was already too deep.

Aconomist:
Why didn't these factors stop Dubai's skyline from growing?

Aconomist:
You don't understand real estate. Marina is full of space, we are just wasting it. Even in the picture above, you can see many short wasteful buildings. In a white country, buildings like that would have been demolished to make way for skyscrapers. That is why cities like Dubai and New York are so tall. They build taller buildings to CREATE more space.

Us Africans are very stagnant people. Even with the astronomical rents on Victoria Island, most of the buildings are still 1 --5 stories. Why shouldn't rent be astronomical in a city of 20 million people with tiny buildings? Weep for Nigeria.

RedPanthar:




You're right. I get your point




build a new Marina now, than it was or than to refurbish. To develop Marina, more Nigerian brands needs to become much more economically viable and the economic viability would stimulate the development



Lekki and Ajah are trending because individuals within personal financial power could afford it. Average housing project 50/300m. Skyscraper 200billion starting cost. Hence it's within the means of.. Bottoming is our corporate world doesnt command the financial power to serve as backbone for a fully industrialised Marina as you would have it in the western world's and the likes

generationz:



Don'tt be surprised that some people might have thought about the idea and brought it up. But the demons in government will insist you bribe them first before any development can take place.

Bragalane:
Do skyscrapers really cost 200 billion ?
Let say 10 - 15 storeys, I build house n sell n had my sight on accomplishing that but I am yet to even dream of 200 billion talk less of loan owning or borrowing it.

rossniti:


Does the whole of America look like New York City?