Metrospeed Revolutionizes Lagos With The ‘Metro Smart City Project’
Metrospeed Group, a leading property development company, is advancing its highly anticipated Metro Smart City project in Lagos.
This development is a groundbreaking move to transform the face of urban living, not only in Lagos, but Nigeria,
This visionary initiative promises to redefine the city’s landscape, providing a sustainable, technologically integrated, and vibrant community for residents and businesses alike.
The Project’s Scope and Features
The Metro Smart City project is a 97-hectare residential estate that will feature five distinct districts: a technology hub, a waterfront community, a residential area, a business zone, and a leisure and entertainment district. This smart city will be equipped with cutting-edge infrastructure, including fiber-to-the-home (FTTH) technology, automated access control with QR codes and facial recognition, and advanced IoT and surveillance systems for real-time monitoring.
Partnerships and Collaborations
Metrospeed Group has partnered with Chevron Employees Multipurpose Cooperative Society (CEMCS) to fast-track the development of the Metro Smart City project. This strategic partnership will provide crucial funding and institutional support, enabling Metrospeed to accelerate the project’s execution and deliver it to the highest standards of excellence. The collaboration is a testament to the growing investor confidence in Nigeria’s real estate and smart infrastructure sector ¹.
Project Timeline and Progress
The project is expected to be completed in two phases, with Phase 1 set for delivery by the end of 2025 and full project completion anticipated by late 2026.
Construction is already underway, with land reclamation and baseline infrastructure work progressing rapidly. The project team is working tirelessly to ensure that the city meets the highest standards of excellence, incorporating sustainable and meticulous craftsmanship and partnerships.
Benefits and Impact
The Metro Smart City project is poised to have a significant impact on Lagos’ economic and social development. By providing a modern, sustainable, and technologically integrated urban environment, the project will attract businesses, talent, and investment to the city. The project’s focus on community development and social responsibility will also contribute to the well-being of its residents, fostering a vibrant and inclusive community.
A New Era of Urban Living
With its innovative design, cutting-edge technology, and commitment to sustainability, the Metro Smart City project is set to become a flagship for smart urban living in Nigeria and a model for sustainable cities across Africa.
