Tony Elumelu Acquires Falomo Shopping Complex, To Turn It Into World Class Mall

The development of a planet class shopping mall to swap the iconic Falomo shopping intricate on Awolowo way Ikoyi has started. The redevelopment task is a private-open part assention between Tony Elumelu's Heirs Real Estate Limited, and the Lagos State Development Property Corporation. (LSDPC) 
The main stage of the multi-billion redevelopment is the devastation of an impressive parcel of the intricate to be reinstated by new structures. The new shopping center will consist of a shopping center, an office complex and planet class private lofts.