“I wanted to have independence, a real career. Working with EchoStone made me realize this is what I wanted to do, and the technology offered a real opportunity to be a part of something special”
Built in partnership with the Lagos State Government and EchoStone Development Nigeria, this community of over 250 units was designed to be affordable, high-quality, and accessible to the growing population of Lagos. Each 2 bedroom unit includes: land in front & back, two car parks, integrated water & electric, security, community park access, monthly payment options, and much more!
This project included a complete integrated community development by EchoStone, including home construction, road and wastewater infrastructure, water management, playground areas, and more. The project included 252 single-story rowhouse bungalow units that are 2bed and 1bath and 64m2 in size. The community includes a state-of-the-art front entrance gate and guard house with a road and pedestrian walking network to serve the residents. It is the first EDGE-certified housing community in Nigeria.
The homes were designed to reduce energy and water usage, helping residents to save on utility costs. Energy-saving lighting, reflective paint and tiles, insulated concrete walls, and external shading devices contribute to the homes’ energy savings, while low-flow plumbing fixtures contribute to the homes’ water savings.
In addition to the green spaces and community amenities, each home has 53% energy savings, 42% water savings and 35% overall carbon footprint reduction.
The Peridot Parkland Estate project was a breakthrough in affordable and green housing in Nigeria. At just 9mil Naira (~$24k USD), the housing units were truly affordable for the local population. The community serves as a model of affordable and sustainable housing in Nigeria, which has the largest affordable housing deficit in all of Africa.
In 2019, EchoStone was a finalist at the international Public Private Partnership (PPP) awards hosted by Concordia (a UN General Assembly side event) in New York City. This PPP serves as a global model of development impact for its positive impact towards reaching the UN Sustainable Development Goals.