Welcome to Lugar Rico

Committed to Quality Real Estate

At Lugar Rico, "Quality is the thread that runs through all we create. Whether it's residential or a commercial development, we are committed to making your dream a reality.

Here at Lugar Rico, our commitment to excellence drives us to be highly innovative.

We are all about creating Quality and state-of-the-art spaces for you!

working
experience

Year

12

Who We Are

Founded in 2010, Lugar Rico Properties Ltd, an infrastructure and city development firm set up to bridge the infrastructural and urban development gap in Africa. With its values steeped in excellence, Lugar Rico is a pioneer in its field championing the cause of urban development and building new cities from scratch with a team of extensive experience in corporate finance, audit and advisory, leasing, asset management, real estate & urban development and reclamation.

With an awareness of the constant evolution in the real estate market, we understand the importance of staying au courant with changes in the industry and are determined to achieve the very best utilizing cutting-edge technology and engaging with a world-renowned technical team for all our projects.

Our goal is to be known as the best and leading infrastructure and city developing company in Africa.

Channeldriil Resources Limited, the developers of IIBC, is a subsidiary of Lugar Rico Properties.

Our Mission

Building quality, smart, and eco-friendly cities across Africa. Partnering with African governments via public-private partnership (PPP) to create a 21st century infrastructure that will ease the burden of connectivity across Africa.

Our Vision

To bridge the housing and infrastructure deficit gap in Africa.

What We Do

Leveraging the latest thinking in sustainable design and innovative technology, we redefine the standards of urban development. Our expertise is in creating self-sufficient ecosystems that seamlessly blend work, home, and leisure, attracting investment and offering an unprecedented experience for residents and visitors.

Architectural designs

We specialize in creating distinctive and high-quality architectural designs for a range of building types, from high-rise residential towers and luxury villas to corporate offices and exclusive leisure facilities. Our designs prioritize spectacular views, comfort, and a seamless integration with the surrounding environment.

Smart City Development

We are at the forefront of building Africa's first self-sustaining cities. By harnessing the power of nature and the science of technology, we design and develop smart cities with world-class infrastructure, self-sufficient energy and communication systems, and a focus on the long-term well-being of residents.

Estate Development

Our approach to estate development focuses on creating inclusive and secure communities with a strong sense of belonging. We develop a variety of residential options, including exclusive islands with private moorings, high-rise apartments, and serene garden villas, all designed to offer a new way of living.

Dredging Consulting

A key component of our waterfront development expertise involves creating new land and opportunities emerging from the lagoon. This includes the foundational work for over 7 kilometers of high-quality waterfront, ensuring the long-term resiliency of our projects through measures like 100-year flood protection.

Project Management

Our project management ensures the delivery of a reality that caters to a new way of living. We oversee the development of complex, large-scale projects, from initial concept to final execution, ensuring that every element, from infrastructure to landscaping, is completed to the highest standard.

Masterplan Development

We excel in creating comprehensive schematic master plans for innovative, large-scale urban developments. Our masterplans are designed to be self-sustaining, environmentally resilient, and economically attractive, serving as a model for future growth. The Imperial International Business City is a prime example of our visionary master planning.