Alaro-City: Gateway to Businesses & Serviced land in Nigeria

Alaro-City: New Gateway to Businesses in Nigeria

Alaro-City emerges as a premier destination for businesses seeking serviced land in Nigeria, particularly for light industrial, assembly, and warehouse & logistics operations. It is a transformative urban development. Various facilities are currently being developed, signaling Alaro-City‘s commitment to creating an efficient ecosystem tailored to meet diverse business needs. With a focus on economic extension, residential comfort, and ecological balance, It is poised to become a significant hub for business and innovation in West Africa. The project embodies a multi-faceted approach to urban planning, emphasizing the importance of community engagement and sustainability.

Why Choose Alaro-City?

Positioned strategically along the Lekki-Epe Expressway, it offers unparalleled access for the seamless transfer of goods within Lagos and beyond into the broader Nigerian market. With the first phase of its industrial area now available for both sale and lease, stakeholders can benefit from its Free Zone status, which ensures favorable levy conditions and incentives. Alaro-City is not just an ordinary urban development; it is a revolutionary concept drawn to address the challenges faced by rapidly growing cities. Located strategically in the heart of Nigeria’s economic capital, which aims to blend cutting-edge design with the rich cultural heritage of the region. By creating a vibrant community that fosters innovation, collaboration, and prosperity, It sets a new standard for urban living in Africa.

Frequently Asked Questions

• Types of businesses to benefit from Alaro-City?
  • Sketched for businesses in the realms of light industrial, assembly, and management.
• What are the advantages of leasing land in Alaro-City versus buying?
  • Leasing allows for lower upfront costs and flexibility, catering to businesses unsure of their long-term needs.
• What is the size of Alaro-City?
  • Conceived on 2,000 hectares, Alaro-City is in the North West Quadrant of the Lekki Free Zone, ideally situated on the Lekki-Epe Expressway for ease of transportation to Lagos or to the rest of Nigeria. The largest Deep-Sea Port in West Africa is currently under construction and located to the south of the metropolis. An Lekki Epe International Airport is at planning stage and will be located adjacent to the city
• How does the Free Zone status affect my business?
  • The Free Zone offers significant tax benefits, including reduced corporate duties and customs exemptions, enhancing profitability.
• What is Alaro-City?
  • Alaro-City is a mixed-use development project aimed at creating a self-sustaining urban environment in Lagos, Nigeria, featuring residential, commercial, and recreational areas.
• How can homeowners benefit from living in Alaro-City?
  • Houseowners will enjoy amenities designed for convenience, security, and a high quality of life, including parks, schools, shopping centers, and healthcare facilities.

See other FAQ below

• Is Alaro-City eco-friendly?
  • Yes, Alaro-City incorporates sustainable practices such as green building designs, renewable energy sources, and efficient waste management systems.
• Where is Alaro-City?
  • Alaro-City:  Lekki Free Trade Zone, established in 2006, is a modern free zone managed in accordance with international best practices. The zone’s 16,500 hectares are divided into four quadrants and managed by various operators, benefiting from Lagos State’s position as the premier distribution hub in West Africa.
• Who Authorized Alaro-City?
  • Federal Government of Nigeria, through the Nigeria Export Processing Zones Authority, and the Lagos State Government to receive all Free Zone benefits. 

Alaro-City Location Advantage

Alaro-City’s strategic position along the Lekki-Epe Expressway is a game-changer for businesses looking to optimize their supply chains.

• Optimal Transportation Access: Directly linked to major routes, facilitating smooth transport of goods.
• Proximity to Lagos: Being close to Lagos, the economic hub of Nigeria, enhances trade and business interactions.
• Reduced Congestion: Unlike older urban areas, the location helps mitigate traffic-related delays.
• Future Growth Potential: The surrounding area is set for developmental projects, promising further infrastructure improvements.

Lifestyle

Alaro-City is a mixed use, mixed income megapolis which offers you all you need in one place. Similarly, a place to live, work, shop, investment opportunities, a place for entertainment, relaxation and much more – in a master-planned natural environment coupled with the highest standards of infrastructure.

Economic Development

Economic development is a cornerstone of the Alaro-City project, driving both local and national growth.

• Business Opportunities: Alaro-City provides a conducive environment for startups and established businesses, fostering entrepreneurship.
• Job Creation: The development will generate thousands of jobs across various sectors, significantly contributing to the local economy.
• Investment Attraction: By establishing a business-friendly framework, Alaro-City attracts local and foreign investments.
• Infrastructure Improvement: Enhanced transportation and communication networks will make doing business easier and more efficient.
• Tax Exemptions: Businesses enjoy reduced corporate income tax rates, allowing reinvestment into growth initiatives.
• Customs Duty Waivers: Importing raw materials becomes more affordable, helping businesses manage their operational costs effectively.
• VAT Benefits: Value-added tax exemptions streamline pricing structures and enhance cash flow management.
• Profit Repatriation: Companies can transfer profits abroad at reduced rates, encouraging foreign investment.

Sustainable Living

Sustainability is at the heart of Alaro-City‘s design, promoting eco-friendly practices.

• Green Spaces: Parks and open areas: integrated within the megapolis to enhance biodiversity and provide recreational spaces for residents.
• Energy Efficiency: Buildings in Alaro-City are constructed with energy-saving materials and technologies to minimize environmental impact.
• Water Conservation: Systems for rainwater harvesting and efficient water usage implemented to promote responsible consumption.
• Waste Management: Innovative recycling and waste reduction strategies employed to maintain cleanliness and preserve resources.

Community Engagement

Community engagement ensures that the voices of  familial shape the future of Alaro-City.

• Inclusive Planning Process: Residents are involved in the decision-making process, ensuring their needs and preferences are met.
• Cultural Events: Regular cultural festivals and events celebrate the diverse heritage of the community, fostering unity and pride.
• Social Programs: Initiatives aimed at education, health, and well-being strengthen community ties and improve quality of life.
• Feedback Mechanisms: Channels for ongoing feedback allow residents to express their concerns and suggestions.

Infrastructure Development

A backbone of any thriving industrial zone is its infrastructure, and Alaro-City is no exception. Robust infrastructure underpins the functionality and in addition appeal of Alaro Estate.

• Transportation Networks: Modern roads and public transit options: designed to facilitate easy movement within the metropolis and beyond.
• Telecommunications: Advanced communication networks ensure reliable connectivity for residents and businesses.
• Utilities Provision: Reliable water, electricity, and sewage systems support everyday living and business operations.
• Ongoing Construction Projects: Numerous facilities will either under construction or in the planning stages, ensuring readiness for new tenants.
• Well-Planned Layout: Alaro-city: designed with ample space for warehousing, offices, and manufacturing units, tailored to fit diverse needs.
• Utilities and Services: Reliable sources of power, water, and internet connectivity are foundational elements aiding operational efficiency.
• Logistics Support: Facilities dedicated to logistics services enhance productivity and reduce turnaround times.
• Smart Technologies: Integration of smart metropolis solutions enhances safety, efficiency, and sustainability.

Residential Offerings

The homely offerings in Alaro-City cater to diverse lifestyles and preferences.

• Variety of Housing Types: From luxury  2,3 and 4 bedroom apartments to affordable housing, there are options to suit different income levels and family sizes.
• Modern Amenities: accommodation come equipped with contemporary conveniences, ensuring comfortable living environments.
• Community Design: Neighborhoods though, thoughtfully planned to promote interaction among homeowners, fostering a sense of belonging.
• Safety Features: Alaro-City prioritizes safety with 24/7 security measures and well-lit public areas.
• Residential:
  Low Density (500/750/1000 Sqm) $150/Square-meters
  Low Density (Exclusive) (Min 1000 Square-m): $240/Sqm
  Medium Density (Min 500 Square meters): $169/Square-meters
  High Density (Min 1000 Sqm): $186/Square meters

Business Flexibility and Customization

One of the standout features of Alaro-City is its business-friendly approach regarding land usage and leases.

• Variety of Plot Sizes: Whether a small startup or an established enterprise, there’s a plot size to match your requirements.
• Flexible Lease Terms: Options for long-term and short-term leases cater to various business strategies.
• Customization Opportunities: Tenants have the ability to tailor their spaces to fit specific operational needs.
• Support for Startups: Initiatives aimed at attracting startups provide additional resources and guidance for new entrants in the market.
• Commercial:
  Boulevard (Min 4000): $350/Sqm
  Others (Min 1000): $195- $220/Sqm
• Industrial Lands:
  Industrial Sme (Min 1000): $195/Sqm
  Industrial Road 1 (Min 5000) – $220/Sqm
• Mixed-Use (Min 1000): $195/Sqm

All You Need To Know About Alaro-City: Price, Location & Review

Alaro-City represents a visionary approach to urban living that harmonizes economic growth with environmental sustainability and community engagement. This groundbreaking development will redefine the landscape of Lagos, providing opportunities for businesses, improving the quality of life for domestics, and fostering a strong sense of community. As Alaro-City continues to evolve, it stands as a testament to what is possible when innovation and tradition come together for a brighter future. In other words, Alaro-City premier businesses seeking serviced land in Nigeria, particularly for light industrial, assembly, and warehouse & logistics operations