New Lekki tower adds EDGE-certified green offices
A new commercial development, Irele Tower, has opened within the Lagos Free Trade Zone, expanding office capacity as the Lekki corridor continues to attract investment, with a strong emphasis on sustainability and efficiency. The nine-storey building delivers about 12,000 square metres of office and retail space, positioning the zone to meet rising demand from local […]
A new commercial development, Irele Tower, has opened within the Lagos Free Trade Zone, expanding office capacity as the Lekki corridor continues to attract investment, with a strong emphasis on sustainability and efficiency.
The nine-storey building delivers about 12,000 square metres of office and retail space, positioning the zone to meet rising demand from local and international firms seeking proximity to key port, logistics and industrial infrastructure in Lagos.
Designed as an EDGE-certified building by the International Finance Corporation, Irele Tower integrates resource-efficient systems aimed at lowering operational costs and environmental impact.
The development is engineered to use approximately 26 per cent less energy and 46 per cent less water than conventional buildings, while also enhancing indoor environmental quality for occupants.
Governor Babajide Sanwo-Olu said the project aligns with the state’s infrastructure-led growth strategy and its broader objective of strengthening Lagos as a prime investment destination.
Also speaking, Managing Director and Chief Executive Officer of First City Monument Bank, Yemisi Edun, said the bank’s early support for the project underscores its confidence in the long-term potential of the zone. She added that Irele Tower demonstrates the impact of coordinated financing and development, noting that FCMB remains well-positioned to support further growth following its recapitalisation.
Managing Director of Lagos Free Zone Company, Adesuwa Ladoja, said the development reflects the zone’s vision of creating an integrated business environment driven by infrastructure, strategic location and logistics advantages.
According to her, “demand for high-quality, efficient workspaces has increased alongside investor interest in the Lekki axis,” reinforcing the need for developments such as Irele Tower.