This project; a joint venture between Gravitas Investment Limited and Lagos State Government is the reclamation of 100 hectares from the Lagos Lagoon which should take about 22 months of reclamation.
The project will yield decent margin for investors and will be excellent value for residents
Gracefield Island will deliver a lifestyle that offers safety, comfort, security, commerce, education and leisure in one location.
There will be a fire station, a public library, and a police post amongst other facilities.
The development is conceived and planned to be unique in its landscaping, infrastructure design, architectural presentation and the ambience of tranquillity and happiness it will engender in residents and visitors.
Infrastructure development on the Gracefield Island – Roads, drainage, utilities to commence within 6 months of commencement of reclamation.
Construction work on first set of superstructures to begin within 12 months of project resumption.
Project will be among the first truly work-live and play integrated environments in Nigeria, with necessary government services within the vicinity.