Alaro City, a burgeoning mixed-use development located in the Lekki Free Zone of Lagos, Nigeria, has achieved a significant milestone with the completion and handover of the second phase of Universal One, a large-scale residential project developed in partnership with Universal Homes. This phase adds another 48 apartment units to the development, bringing the total number of delivered units to 96, marking substantial progress towards the planned 576-unit community. The project, valued at $90 million, underscores Alaro City’s commitment to providing high-quality, modern housing solutions within a well-planned, sustainable urban environment. This achievement not only reinforces the growing confidence in Nigeria’s real estate sector but also highlights Alaro City’s emergence as a prime destination for both local and international investors.
Universal One distinguishes itself not only through its scale but also through its commitment to providing residents with a comprehensive living experience. Situated along the prominent eight-lane Main Boulevard within Alaro City, the development boasts a range of amenities designed to foster community and promote an active lifestyle. These include a sprawling three-acre park, a fully equipped recreational complex featuring a swimming pool, a football pitch, and a state-of-the-art gym. This emphasis on creating a holistic living environment sets Universal One apart and contributes to Alaro City’s vision of a vibrant, self-sustaining community.
The project also showcases innovative construction techniques. Universal Homes has employed advanced formwork technology, a method more commonly used in the Middle East and Asia, allowing for rapid construction progress. This technology enables the completion of an entire floor within a week, demonstrating a remarkable efficiency that has resulted in the construction of a 16-unit block in just 30 days. This accelerated construction timeline not only benefits the developers but also ensures timely delivery to subscribers, further solidifying the project’s reputation for reliability and commitment.
The successful completion of this second phase is a testament to the collaborative efforts of Alaro City and Universal Homes. Yomi Ademola, Managing Director of Alaro City, expressed immense pride in welcoming new residents to the community, emphasizing the synergy of modern conveniences and sustainability that Alaro City offers. He highlighted the project as a testament to the potential of strategic urban planning and dedicated investment, solidifying Alaro City’s position as a model for residential, mixed-use, and industrial development in the region.
Roberto Artuso, Executive Director of Universal Homes, echoed this sentiment, citing Alaro City’s immense potential as a key factor in their decision to establish Universal One within the development. He described Universal One as setting a new benchmark for future developments, showcasing the power of thoughtfully designed, modern housing to create thriving communities within a dynamic urban landscape. This vision aligns perfectly with Alaro City’s broader goals of creating a sustainable, integrated urban environment that caters to the diverse needs of its residents and businesses.
The completion of the second phase of Universal One marks a significant step forward for Alaro City, solidifying its position as a leading destination for investment and a model for sustainable urban development in Nigeria. The project showcases the potential of public-private partnerships in driving economic growth and creating thriving communities. Furthermore, the innovative construction techniques employed in the project demonstrate a commitment to efficiency and quality, setting a new standard for residential development in the region. As Alaro City continues to grow and evolve, Universal One stands as a testament to its vision of creating a vibrant, sustainable, and prosperous urban environment for generations to come.
