What You don’t Know About the Collapsed Lagos building
We all know what happened on Monday November 1st 2021, at Ikoyi Lagos, State Nigeria.
An uncompleted 21-storey building located at Gerard Road, Ikoyi, Lagos state, collapsed.
Exact number of injured and dead people isn’t out yet.
The Cable reports.
The Structure Plan
The structure was designed as a three-tower estate (360° Degree Towers). The collapsed section is one of the three towers.
Buildings keep collapsing in the country. Nigeria Federal and State Governments needs to look in this. Most people want to develop their lands.
The question is, whose fault is it? The construction company or nemeses?
And the money of property loss, health damage and loss of life. Which insurance company will be responsible for these damages?
The construction company insurance or the building director?
The building main contractor for the project was FourScore Homes. A construct company owned by Femi Osibona. He is a UK-trained estate developer.
According to Highbrow Living Magazine, the property, consisting of four-bedroom maisonettes, flats, duplex and penthouses, was 65 percent sold out. “The 20-floor strictly residential facility is the brain works of Fourscore Homes, evolving from a desire to build an original masterpiece.
The concept is to have service flats in the three towers for residents to experience a stress-free lifestyle, a new building structure and pattern copied from the western world.
*The house was designed to have “luxury in the sky” building. This includes open recreation area with outdoor television, gym, and swimming pool.
Completion date: 2022
No one knows if the project will be abandoned.
Ikoyi is like an Island. The building was erected at a Sea reserved land area.
“The foundation was bad”. Somany many people suggested.
Estimated price range for the complete development of the building was between $1.2 million and 5 million USD.
The building was supposed to be the first of it’s kind in Lagos and Nigeria, but the tragedy happened.