Irele Tower Inaugurates EDGE-Certified Green Office Complex in Lagos Free Trade Zone
Irele Tower has officially commenced operations at the Lagos Free Trade Zone (LFTZ), marking a significant milestone as the Lekki corridor expands with new investments centered on resource-efficient architectural design. This nine-storey development provides approximately 12,000 square metres of premium office and retail space within the zone, strategically positioning LFTZ to address the escalating demand from both local and international corporations seeking proximity to port facilities, logistics networks, and industrial infrastructure.
EDGE-Certified Sustainability Features
Designed as an EDGE-certified building under the International Finance Corporation (IFC) standards, Irele Tower integrates advanced measures to minimize operational environmental impact and reduce costs. The structure is engineered to consume about 26 per cent less energy and 46 per cent less water compared to conventional buildings, alongside incorporating features that enhance indoor environmental quality for occupants, promoting health and productivity.
Government and Stakeholder Endorsements
Lagos State Governor, Babajide Sanwo-Olu, emphasized that this project aligns with the state's infrastructure-led growth strategy and its ongoing efforts to reinforce Lagos as a premier investment destination. He highlighted that the LFTZ continues to play a pivotal role in supporting industrialization, job creation, and economic diversification across the region.
Adesuwa Ladoja, Managing Director of LFTZ Company, noted that Irele Tower resonates with the zone's commitment to fostering an integrated business environment anchored on robust infrastructure, strategic location, and efficient logistics. She added that the demand for high-quality, energy-efficient workspace has surged in tandem with increasing investor interest in the Lekki axis, underscoring the tower's timely introduction.
Yemisi Edun, Managing Director and Chief Executive Officer of First City Monument Bank (FCMB), stated that the bank's early support for the project reflects its confidence in the long-term potential of the zone. She further explained that Irele Tower exemplifies coordinated financing and development efforts, and following its recapitalization, FCMB remains well-positioned to continue supporting such growth initiatives.
