Appolonia City has opened its first office commercial building named Adumuah Place, located off the Adenta-Dodowa road.
Adumuah Place is a mixed-use office building with retail and services spaces designed to meet the needs of the Ghanaian and international businesses.
“Positioned at the entrance to Appolonia City, it is with offices ranging from 116m2 to 661m2 in the 2,000m2 building and tenants have a variety of spaces to pick from, depending on their requirements. We have a situation where people are driving long hours to the Central Business District because that is where their workplaces are. The whole concept of Appolonia City is to decongest the central district and create a new community; and to do that you will need facilities like this.
“Adumuah Place is anchored by Appolonia Development Company’s new headquarters, a clinic and pharmacy by C & J Medicare Limited, and Duka supermarket, a chain of green grocery stores,” the Chief Executive Officer of Appolonia City, Bright Owusu-Amofah, has noted.
Speaking at the launch, the Minister for Works and Housing, Francis Asenso-Boakye, commended Appolonia City and its partners, saying any investment in the real estate industry contributes to the nation’s socio-economic development.
“It is gratifying to note that Appolonia City has taken into consideration a comprehensive planning concept that provides for a self-sustainable community by providing relevant social amenities, including schools, healthcare facilities, shopping centres, among others,” he said.
For his part, the CEO of Gateway Real Estate Africa (GREA), a private real estate development company and a partner of Appolonia city, Greg Pearson, indicated that with Adumuah Place, a much emphasis is placed on reducing tenants’ overall cost of occupation by focusing on design features that can reduce utility charges while ensuring comfort.
He explained that the use of perforated aluminum cladding, for example, shades the building internally, reducing glare and reliance on air conditioning for cooling.
Boosting investment
To further boost development in the real estate industry, the CEO of Rendeavour, Stephen Jennings, stressed the need for the country to improve its investment environment to attract large-scale foreign direct investment.
“Key infrastructure bottlenecks need to be addressed. This region is one of the fastest developing nodes in Accra, but people spend two to four hours commuting to work. Upgrading of the Adenta-Dodowa highway has been on the books for several years without anything happening. Expanding the road will catalyse further investment in the area and accelerate growth,” he added.
Appolonia City is a 2,325-acre mixed-use satellite city complete with residential, retail, commercial, educational, healthcare, and recreational facilities. The project represents a 15 to 20-year, US$250million infrastructure investment which is expected to catalyse a further US$1billion of investment in various sectors. When completed, it will provide homes to 100,000 people and create jobs for many.
