Cruxstone Development and Investment Limited has officially unveiled Nautica Rise, an ambitious resort-inspired waterfront residential and hospitality development. Spanning an expansive 77,000 square metres, this significant project is strategically situated along the pristine Lekki Peninsula, just beyond the recently established Lagos-Calabar Coastal Road, marking it as a premier destination in one of Lagos' rapidly expanding waterfront corridors.

According to Dr. Adetoro Bank-Omotoye, the Managing Director of Cruxstone Development and Investment Limited, Nautica Rise is envisioned as more than just a real estate venture. It is conceived as a long-term coastal ecosystem designed to seamlessly blend luxury living, diverse leisure opportunities, and sustainable investment value. Dr. Bank-Omotoye emphasized that the development represents a profound commitment to redefining the experience of coastal living in Lagos, aiming to harmonize luxury, foster a sense of community, provide leisure facilities, and deliver enduring investment value, all while significantly contributing to job creation and broader economic growth. He stated, "This development reflects our belief that great real estate must deliver both lifestyle excellence and enduring value."

The Nautica Rise development boasts an array of exquisitely finished residential units, ranging from 1- to 5-bedroom apartments and penthouses. These residential offerings are complemented by a comprehensive suite of amenities, including The Nautica Beach Resort, dedicated wellness zones, diverse leisure facilities, a variety of dining options, and numerous family-focused amenities. Designed as a truly holistic lifestyle destination, Nautica Rise ingeniously integrates the comforts of residential living with the vibrancy of hospitality and recreation, making it highly appealing to both discerning homeowners and astute investors seeking long-term value in premium coastal real estate.

Its strategic positioning along the emerging Lekki coastal corridor ensures that Nautica Rise benefits from enhanced accessibility and capitalizes on the increasing demand for high-quality waterfront property in the region. Construction for this landmark project is currently underway, with beachfront works nearing completion and trial piling actively ongoing for the residential towers, signaling steady progress.

The project's successful delivery is entrusted to a consortium of highly experienced local and international professionals. This esteemed team includes Trevi for piling, Archtion as local architects, Peerutin Karol as foreign architects, EMMS for structural engineering, CCP Consultants handling mechanical and electrical engineering, APD as project managers, and BCL Construction serving as the main contractors, ensuring a blend of global expertise and local understanding.

Dr. Bank-Omotoye further elaborated that Nautica Rise is structured as a meticulously planned phased development. Phase One is slated for completion by 2028 and will introduce the initial residential towers alongside crucial core lifestyle amenities. These amenities include comprehensive wellness facilities, exclusive members' spaces, vibrant community areas, and direct access to the beach. Subsequent phases are designed to expand the residential, leisure, and hospitality components, consistently reinforcing Nautica Rise's identity as a dynamic, living coastal community rather than a singular, static project.

Beyond its tangible real estate offerings, Cruxstone projects that Nautica Rise and The Nautica Beach Resort will collectively generate more than 1,000 employment opportunities across various sectors such as construction, hospitality, facility management, retail, and leisure services. The development is also thoughtfully designed to stimulate local economic activity through strategic partnerships with community-based vendors, contractors, and service providers, thereby fostering skills development and long-term economic inclusion within the region.

Cruxstone emphasizes that the investment narrative of Nautica Rise is robust, driven by critical factors such as the significant land scale, the scarcity of its prime location, the inherent desirability of its luxury lifestyle, its carefully planned phased delivery approach, and the sustained demand for premium coastal living experiences. Rather than focusing on short-term guarantees, the project prioritizes the creation of durable value through superior quality design, seamlessly integrated amenities, and a positive socio-economic impact. With Nautica Rise, Cruxstone Development and Investment Limited aims to establish an unprecedented benchmark for oceanfront living in Lagos, successfully blending residential excellence, unparalleled hospitality, vibrant community, and long-term investment confidence into a cohesive and unified coastal destination.

Dr. Adetoro Bank-Omotoye, a seasoned real estate developer with over three decades of professional experience and more than 15 years specifically in real estate development, has consistently guided Cruxstone to earn widespread industry recognition for delivering high-quality luxury residential, mixed-use, and hospitality developments throughout Lagos.