The Gracefield Island is a joint venture project between Gravitas Investments Limited and Lagos State Government. It involves reclamation and development of a new metropolis, offering a prime site for a world class live-work and play environment.
The project is 100% private sector funded. Gracefield Island benefits from both Federal and Lagos State Government approvals. Our master plan design is guided by our determination to create a community feel and sense of security in all sections of the Gracefield Island.
Our urban planners designed all our public and community spaces to be safe, comfortable, varied and attractive. A humanist approach to designing the public realm is essential for creating vibrant people’s places that resonate with activity, fun, and offers a multitude of choice to the users.
Gracefield Island achieves these by allowing substantial green public open space along the island’s periphery, this results in a strong and invigorating relationship between the residents and the water; particularly along the promenade.
The Gracefield Island (The Phoenix) is rich in meaning and visually appropriate. Movement is focused on walking and public transport while still allowing private car circulation and sufficient parking in a manner that eases pedestrian and vehicular traffic flows. Our intermodal transportation plan provides for cycling and various means of water transport.
A marina on the north western point of the island contributes to the quality environment, provides a recreational facility and adds to the residents’ relationship with the water. This opportunity will enhance the value of plots in the zone.
Where everything works like clockwork!
CHAIRMAN: Alhaji Nu’uman Barau Danbatta, OON, a holder of Nigeria’s national honour of Officer of the Order of Niger is a seasoned public administrator of note. He served at very senior levels in the public service of the Federal Government of Nigeria, rising to the eminent position of Permanent Secretary, a position in which he functioned in all the key ministries of government, including the presidency. He was acting Minister of Transportation in 2007 and brings his deep experience in management of financial and human resources to the advantage of our company. He is well travelled and has attended senior management courses across many continents. His understanding of inter-governmental relations and ability to work within government policies has been of major value to the company. He is also a holder of the prestigious title of the Ajiyan Kazaure.
VICE CHAIRMAN/CHIEF EXECUTIVE: Olufemi Babalola, a lawyer, with particular interest in commercial law, has established himself as a note-worthy international lawyer. Olufemi has advised on several multi-million dollar projects, which include Nigeria’s rural telecom programme, Britain’s privatisation of London Electricity Board, etc. He is known to have an entrepreneurial edge to his practice. He has successfully negotiated project finance for a 5-star hotel and has acted as the project lawyer for the construction of Nigeria’s Maritime Resource Centre which is a multi-million dollar project. Olufemi is an entrepreneur with vision, determination and ability to understand complex project issues with focus on developing a solution that is appropriate for the task at hand.
DIRECTOR: Mr. Ferdinand Agu, MFR, an Architect, who played a key role in the design and construction of 2 foremost residential estates in Nigeria, situated in Abuja and Lagos, respectively, is at the heart of policy development in the company. Ferdinand served as the Director General of Nigeria’s National Maritime Authority between November, 2000 and March, 2005. As the Chief Executive of the main maritime regulatory agency in Nigeria, Ferdinand drove the development of profound positive changes in the maritime sector, with specific reference to the introduction of the cabotage policy and enactment of the Cabotage Act, 2004. Working with other agencies, he was a key member of the team that guided the introduction of the International Ship and Port Security (ISPS) Code in Nigeria, on 1st July, 2004. With the ever present instinct of an architect, he conceived and started the construction of a complex of buildings that now serves as the foremost training institution for maritime personnel in Africa. Architect Agu is well versed in project management, team building and strategic planning. His deep knowledge of various subjects ranging from architecture, management, public administration, philosophy, and to enterprise is breath-taking.
DIRECTOR, SITE & LOGISTICS MANAGEMENT: Mr. Olubunmi A. Adeyemo, was head-hunted from England where he was running a logistics support enterprise for overseas clients. Bunmi started out as a property consultant and facilities manager before embarking on logistics support venture. Bunmi’s dedication to duty and meticulous standard of ensuring efficiency in our procurement procedure is proving invaluable to our operations.
GENERAL MANAGER, HSES AND QUALITY CONTROL: Mr. Tosin Majekodunmi, a first class graduate of Geology from Nigeria’s premier university, is in charge of material testing of reclamation filling materials and constant testing and assessment of such materials. He interfaces with the dredging contractors, engineering consultants and the testing laboratory. Tosin is also responsible for day-to-day monitoring of compliance with our Health, Safety, Environment and Security Manual.
SITE ADMINISTRATION: Jumoke Owoyeye, graduate of Banking and Finance from University of Port Hacourt is an experienced facility and administration manager. Jumoke is responsible for day-to-day management of site staff and facilities, and our interface with users of our project site.
ACCOUNTS AND FINANCE: Mr. Olumayowa Tayo is an experienced accountant with responsibilities spanning bookkeeping, management of banking relationships, internal control, payroll management and superintending office procurement process, asset management and administration. Mayowa also has hands-on experience in project finance and cross-border transactions.
SURVEY: Mr. Akeem Oladimeji Adisa, holder of Masters Degree in Survey, has worked on both regular surveys and greenfield projects, such as the Gracefield, over the last 12 years. Akeem is versatile in the use of modern technology in delivering very accurate measurements and readings in the various exercises he carries out. Mr. Adisa co-ordinates our survey and measurement activities, ranging from bathymetric, hydrograhic and perimeter surveys, to the installation and monitoring of settlement gauges on our reclamation works, etc.
URBAN PLANNING: Ozoemezina Nwafor, a top class graduate of Urban and Regional Planning from the University of Ife (OAU) Nigeria, provides in-house support and is a resource base for our external planning consultants. Ozo is a member of the Nigeria Institute of Town Planners NITP, and equally a registered town planner, who brings fresh vigour and wide vision to the innovation and long term planning that are part of the hallmarks of Gracefield Island.
COMPANY SECRETARY AND LEGAL ADVISER: Oakwell Partners, is a commercial law practice and legal advisory firm that has established a niche for itself in the areas of company law, commercial and transaction issues, project finance, corporate governance, legal drafting and contract administration.
PROJECT MANAGERS: Aurecon is a world class company with presence in 3 continents and projects in over 10 countries. It has its Head Office for Africa in Guateng, South Africa.