land value in cash (or phased payments) or a hybrid of cash + profit share.
- Build?to?hold / long?term asset co?ownership: institutional JV with long?term income/asset management focus; rental yield sharing and professional property management.
- Phased parcel JV: subdivide the 9,100 sqm into phases for different product types and investors to optimise cashflow and de?risk delivery.

Commercial considerations & facilitator fee

- Land value benchmark: US$18M (indicative) --- final valuation to be confirmed via independent appraisal.
- Facilitator's fee: 7% of the agreed transaction value / fee base --- payable on successful closing per facilitator agreement (confirm basis and timing in term sheet).
- No premium recorded (vendor indicates Nil) --- buyer should verify with relevant authorities to confirm absence of outstanding government premiums or obligations.

Planning, technical & statutory considerations

- Verify permitted height/FAR and design envelope with Eko Atlantic Authority and relevant Lagos State planning authorities --- 45 storeys requires early pre?application consultations.
- Coastal & marine engineering: confirm reclamation stability, shoreline protection, piling strategy and any special geology/geotechnical requirements.
- Environmental & flood resilience: EIA/SEA review, stormwater/drainage design and resilient podium/finished?floor strategies.
- Utilities & infrastructure: confirm capacity for power, water, sewage, telecoms and district utilities; coordinate service reinforcement if required.
- Transport & access: road connections, emergency access, parking requirement and loading/service arrangements.
- Statutory approvals: building permit, environmental permits, fire & safety, and any Eko Atlantic-specific compliance protocols.

Financial & delivery considerations (high level)

- Early feasibility recommended: architectural massing, preliminary GFA estimate, QS cost plan and market sizing to determine GDV and profitability.
- Construction complexity: deep foundations/piling and marine considerations will influence cost and programme --- allow contingency.
- Sales & exit strategy: branded marketing for premium buyers, pre?sales strategy for cashflow, JV governance for pricing and release strategy.
- Timelines: feasibility & approvals (2--6 months), detailed design & procurement (4--8 months), construction (36--48 months depending on scope), phased sales throughout construction.
@thebuildcenter#