{"id":8025,"date":"2018-02-05T03:24:23","date_gmt":"2018-02-05T03:24:23","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/developer-unfolds-n4-billion-living-spring-business-city-in-osun-state\/"},"modified":"2018-02-05T03:24:23","modified_gmt":"2018-02-05T03:24:23","slug":"developer-unfolds-n4-billion-living-spring-business-city-in-osun-state","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/developer-unfolds-n4-billion-living-spring-business-city-in-osun-state\/","title":{"rendered":"Developer unfolds N4 billion Living Spring Business City in Osun State"},"content":{"rendered":"

\n<\/p>\n

\"\"<\/p>\n

An illustration of the proposed Living Spring Business City (LSB) project<\/p>\n<\/div>\n

\nWith the economy showing slight improvement, a new player has announced plans to venture into a mixed development christened Living Spring Business City (LSB) project. <\/p>\n

The project comes with a mix of international market and residential estates, combines different type of models all functioning on a major national transit route centrally located in popular Ibadan-Ife-Abuja highway, Osun State and close to Oduduwa University. <\/p>\n

Scheduled to open within the next 12months, the project occupies 38-hectares of land, comprising 1,128 suites, shops and 228 apartments. The planned delivery date for phase I is 2018 while Phase II is slated for 2019. Expectedly, the project will serve as a strategic investment opportunity<\/a> for investors and business owners and boasts of; one commercial Banks, three Health Centre, five Eateries\/restaurants, seven sporting facilities, two events centre, six police station, 24hours electricity, four educational centre, eight community halls, transit trailer parks for goods, corporate inter-state transport water facilities, nine large parking areas, filling stations, green areas as well as childcare centre.<\/p>\n

The developers believed that there is the need to bring market closer to the people in western region and beyond with the ideal big time traders in Alaba international market, Orile and other places who hoped to be opportuned to have their branch situated at the market.<\/p>\n

Project Manager of LSBC; Mr. Richard Bamiduro in an interview with The Guardian explained that the total land area which is provided by the Osun State Property Development Corporation is about 38-hectares noting that it also come with a Certificate of Occupancy (C-of-O) and a letter of allocation.\u201cWe intend to commence the project this January before as at last year when we were planning, our plan was to build the 25per cent of the total market store at Phase 1 and as the demand increases, we hope to keep expanding. We have already mapped out our prices, which would be very affordable compared to any market in the country, and so our rent would be superb. We would let out the information on that later\u201d.<\/p>\n

Accordingly, he stated that the project is still at the planning stage, but expressed hope that it will commence within the first quarter of 2018 starting with the 25per cent of the total built area. He said although, a contractor has not been picked for the project, but there are teams of engineers and architects rightly on ground that is strategizing for the project.<\/p>\n

The entire cost of the project is about N4billion.We are seeking for investors, talking to private investors and some bank\u201d, he posited.According to Bamiduro there are plans to partner with government and by so doing, more developments and public infrastructure will be provided in communities and areas in and around the business city while the centre provide investors with great returns on their investment.\n<\/p>\n

Guardian <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

An illustration of the proposed Living Spring Business City (LSB) project With the economy showing slight … Developer unfolds N4 billion Living Spring Business City in Osun State<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":8026,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[1398,1399,3124,1430,3058,1007,41,537],"class_list":["post-8025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-developers","tag-development","tag-engineers","tag-filling-station","tag-location","tag-owners","tag-property","tag-property-development"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/Market-project.jpg?fit=1280%2C720&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":3208,"url":"https:\/\/amazingproperty.com.ng\/blog\/value-land-increased-osun\/","url_meta":{"origin":8025,"position":0},"title":"Why the value of land increased in Osun","author":"Amazing Property","date":"April 19, 2017","format":false,"excerpt":"\u00a0 For many who have seen Osun as a state where cheap or almost free land is easily available in the urban centers, they may need to have a rethink, as check around various areas in the state reveals the value of land has increased to around 1000% and 2000%\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/osun-road.jpg?fit=523%2C294&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6648,"url":"https:\/\/amazingproperty.com.ng\/blog\/promoters-of-festac-phase-2-assure-investors-of-project-commencement\/","url_meta":{"origin":8025,"position":1},"title":"Promoters of Festac Phase 2 assure investors of project commencement","author":"Amazing Property","date":"October 17, 2017","format":false,"excerpt":"\u2026As more off-takers express interest NEW Festac Property Development Company Limited, NFPDCL, concessionaire and promoter of the new Festac City known as Festac Phase two comprising 1,126 hectares of land in Egolima District beside 7th Avenue, Festac Phase 1, disclosed, weekend, in Lagos that investors, both foreign and local, are\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Festac 23.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/festac-23.jpg?fit=470%2C225&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6729,"url":"https:\/\/amazingproperty.com.ng\/blog\/lagos-cooperative-buys-into-n25-billion-festac-phase-ii-project\/","url_meta":{"origin":8025,"position":2},"title":"Lagos cooperative buys into N25 billion FESTAC Phase II project","author":"Amazing Property","date":"October 23, 2017","format":false,"excerpt":"Real estate An independent real estate business club leveraging on the power of numbers in expanding wealth creation possibilities among members through real estate investment has move to seal a deal with the promoters of FESTAC Phase II project. Discussion has already begun among the two parties, which will see\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Real estate news","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Real-Estate1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Real-Estate1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Real-Estate1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Real-Estate1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Real-Estate1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":1173,"url":"https:\/\/amazingproperty.com.ng\/blog\/developer-transforms-ore-to-n20-billion-sunshine-city\/","url_meta":{"origin":8025,"position":3},"title":"Developer transforms Ore to N20 billion Sunshine City","author":"Amazing Property","date":"February 23, 2017","format":false,"excerpt":"\u00a0 Sunshine City Ore\u00a0located at the site of the dismantled tollgate in Ore, along Lagos\/Benin Expressway estimated to gulp N12 billion in the next 15 years. Apparently to fast-track urban development in the commercial town of Ore in Odigbo local council, the Ondo State Government has commissioned the first phase\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Ore-Sunshine-City.jpg?fit=1200%2C674&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Ore-Sunshine-City.jpg?fit=1200%2C674&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Ore-Sunshine-City.jpg?fit=1200%2C674&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Ore-Sunshine-City.jpg?fit=1200%2C674&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Ore-Sunshine-City.jpg?fit=1200%2C674&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7539,"url":"https:\/\/amazingproperty.com.ng\/blog\/lippos-big-vision-comes-to-life-with-meikarta\/","url_meta":{"origin":8025,"position":4},"title":"Lippo\u2019s big vision comes to life with Meikarta","author":"Amazing Property","date":"December 19, 2017","format":false,"excerpt":"I Want to See Ocean in the Desert In 2009, the construction of a planned city - Eko Atlantic - to be situated right on the edge of the Atlantic Ocean was announced in Lagos. The construction was thought of as an antidote that would proffer solutions to the major\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Meikarta Project Project Brief 1062x598.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/Meikarta-project-project-brief--1062x598.jpg?fit=1062%2C598&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/Meikarta-project-project-brief--1062x598.jpg?fit=1062%2C598&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/Meikarta-project-project-brief--1062x598.jpg?fit=1062%2C598&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/Meikarta-project-project-brief--1062x598.jpg?fit=1062%2C598&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/Meikarta-project-project-brief--1062x598.jpg?fit=1062%2C598&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7145,"url":"https:\/\/amazingproperty.com.ng\/blog\/bank-partners-lagos-state-government-in-340-unit-project\/","url_meta":{"origin":8025,"position":5},"title":"Bank partners Lagos State government in 340-unit project\u00a0","author":"Amazing Property","date":"November 20, 2017","format":false,"excerpt":"Sterling Bank Another residential estate, Sterling Court, is set to join the ranks of housing estates in the Lagos metropolis. Up to 320 units are planned for the estate, being jointly developed by Sterling Court Development and Lagos State Government as a pubic private partnership scheme. \u00a0 The initiative has\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Sterling Bank.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/Sterling-Bank.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/Sterling-Bank.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/Sterling-Bank.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/Sterling-Bank.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/Sterling-Bank.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/8025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=8025"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/8025\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/8026"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=8025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=8025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=8025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}