Nigerian entrepreneur and Chairman of Cubana Group, Obi Cubana says his partnership with Zoe New Dawn Nigeria Limited for the development of a mixed housing project in Abuja is set to benefit low-income earners.
The official groundbreaking ceremony of the Hill City Community housing project is scheduled for September 1, 2022.
Obi Cubana said that this partnership is designed to provide about 10,000 units of residential assets for low and middle-income earners, civil servants, and other classes of people that seek to own a home.
He stated that the partnership between Casa Cubana, owned by the Cubana Group, and Zoe New Dawn Nigeria Limited would offer prospective subscribers global standard residential assets.
The statement read in part, “Affordable housing is a significant concern for most residents of Abuja and the new Smart City, Hill City Community housing project is carefully planned and designed to address the challenges of access to quality housing at reasonable flexible ownership terms.
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“It will also be built by young Nigerians who will be engaged through direct means.”
Obi Cubana added that the project was his way of giving back to society by providing employment and bridging the housing gap in Nigeria.
In the project’s development, Obi stated that architects, engineers, and other consultants would be recruited through an open engagement process.
He further hinted that similar projects were being planned for Enugu, Lagos, and Akwa in Anambra State.
He said the Hill City Community housing project in Abuja was located in a secure environment with proximity to the Abuja airport and other major destinations within the Federal capital city.
According to him, the partnership would afford low-income earners quality housing options and would offer subscribers the advantage of building by themselves, if they choose to.