Thursday, February 11, 2010
TBS managers unfold dome, Eyo designs
The picture of a new Tafawa Balewa Square is gradually evolving as the new managers, Big Hope Services International Limited, has completed architectural designs of a calabash dome and Eyo for the complex
It has also hinted of plans to erect statues of five Nigeria’s independence heroes including the late Tafawa Balewa, Nnamidi Azikiwe, Obafemi Awolowo, Sir Ahmadu Bello and Mrs. Margaret Ekpo at a strategic spot for visitors to appreciate.
The foundation laying stones for these five busts was expected to be performed by President Umaru Yar’Adua which was originally scheduled for last December, but had to be postponed due to some developments.
A statement by the BHS obtained on Saturday the drawings for the two major structures in the proposed new TBS was a reflection of the commitment of the new managers to preserve and promote the nation’s cultural and historical value.
The dome would house a museum, art galleries, theatre, studios, office suites, among others, while halls, event venues would be inside the Eyo building, it added.
It said that BHS’s choice of calabash was based on the fact that the calabash is a household African native item that cut across cultures, while Eyo represented a significant culture of the host state, Lagos.
“A city centre of this nature with art and culture outlook along side other businesses in the same complex, would turn Lagos into the next attraction in tourism and business travel in the world of hospitality,” it added.
The BHS Project Architect, Mr. Akintunde Aboderin, wondered why Nigerians who travel far and wide, either for business or tourism, visiting famous and notable cultural and tourists sites around the world, had never bothered to find out why foreigners did not find the nation attractive.
He said, “For us at BHS International, we have found the answer to the weak destination attraction of the country. That answer is art and culture of which we have a master plan for the proposed TBS City Centre.
“Even though the initial master plan is currently undergoing some modification and eventual approval by the Lagos State Government, the tourism focus of the city centre remains intact, hence the calabash dome and Eyo in retrospect.”
Pinnacle plans N30b real estate in Nigeria
South African real estate firm, Pinnacle Point Group Limited, has indicated readiness to inject about N30 billion into the development of a world-class golf estate m Badagry, Lagos State.The company, which is the largest golf and leisure estate developer in South Africa and on the African continent, intends to position itself as a major global player in both the golf and residential estate development markets in the next five years.Actual and projected turnover of all projects being executed by the Pinnacle group across Africa currently under management exceeds $6.6 billion.The group already has nine other developments in South Africa and recently announced that it is in negotiation to develop and construct a multi-million dollar luxury golf estate in Lagos State.The Lagos Keys development will comprise 300 luxury homes, an international golf course, a marina; with boutique shops, a six star hotel and conference facility and all iconic Badagry Pyramid, which will be a tower 18 storeys.The pyramid will comprise of 45 million solar panels and will supplement electrical power to the project. The group is also to build one of the world s most exclusive golf and casino resorts on an island f in the Indian Ocean off Mahe, Seychelles.Pinnacle Point won the tender from the Seychelles government against tough international competition. The project will be the largest investment in the Seychelles leisure industry.The group's flag ship development Pinnacle Point Beach and Golf Resort, on the east coast of South Africa, comprises luxury residential homes, golf lodges, villas, additional exclusive properties situated on the 9Yster Bay beach front enclave, and an 18 hole international championship golf course.The resort has received numerous awards and accolades, and the golf course has been voted one of the Top Ten Best New Golf Courses in the World. The Pinnacle Point Group is committed to the development and management of all its properties to the highest standards possible, in accordance with a global trend towards luxury lifestyle living. It is equally committed to maintaining the highest environmental standards across all properties and to a policy of responsible corporate social Investment.The company came about as a result of the merger of the businesses of the Pinnacle Point Holdings group of companies and Acc-Ross Holdings Limited. The merger was achieved through the reverse take- over of Acc-Rossby Pinnacle Point Holdings in November 2008. The Pinnacle Point Group is listed on the Johannesburg Stock Exchange. Major shareholders of the Company include South Africa's leading bank ABSA and a Nigerian consortium led by GMA.Other key shareholders include a major international property development company in the UAE, who have indicated their intention to partner with the Pinnacle Point Group in expanding the Group's footprint in Africa and exploring the opportunities for global expansion beyond the African continent...