It stated that the 2-floor commercial complex project that was being developed under the EPC+F alternative project financing structure would feature 240 units of 30 square metres of shops, an ATM gallery, a food court, and a bar, as well as a fire station.
It explained that the project’s estimated cost was N2.4bn and expected to be delivered within 12 months.
The firm averred, “The company is partnering with the Oyo State Housing Corporation, Ibadan, to deliver 343 green buildings comprising 3, 2, and 1-bedroom apartments and 4-bedroom duplexes. This will form part of the 2,000 housing units the state government, through its housing corporation, is developing within the Omituntun Estate at Ajoda New Town, along Ife Road in Ibadan.
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“The sustainable housing estate designed in line with International Finance Corporation Edge Green Building Specifications will cost N8.5bn. The housing estate project aims to complement the state government’s ongoing upgrading of Ibadan Airport into an international airport and the Ibadan Circular Road project to craft a decent habitat around the Ibadan International Airport corridor.
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