Name of the Project
Accra Aparthotel project.
Location
Accra, Ghana.
Client
1 Oxford Street, a joint venture between Wonda World Estate, part of the Kwarleyz Group, and the Cola Group.
Project Description
The project entails the development of a 14-storey upmarket building, which will feature 104 apartments, including four penthouses; two floors of retail and leisure space; and two floors of basement parking.
Each apartment will feature a kitchenette, which will provide flexibility for in-room dining and self-catering.
The project includes a swimming pool, restaurant, bar, gym and spa.
Jobs to Be Created
Not stated.
Value
The project is estimated at $51.4-million.
Duration
Not stated.
Latest Developments
The International Finance Corporation intends investing up to $18-million in the project. 1 Oxford Street is negotiating with several professional third-party hotel operators to operate the hotel.
Key Contracts and Suppliers
IFC (loan finance).
On Budget and on Time?
Not stated.
Contact Details for Project Information
1 Oxford Street CEO Nana Kwame Bediako, tel +233 244 684 848 or email nkbediako@petroniacity.com.