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A STUDY OF THE VOID IN HIGH-RISE COMMERCIAL PROPERTIES AT MARINA, LAGOS STATE

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 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 57 ::   Attributes: Questionnaire, Data Analysis ::   5 people found this useful

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CHPATER ONE

INTRODUCTION

1.1 BACKGROUND OF THE STUDY

A ‘tall building’ is a multi-story structure in which most occupants depend on elevators (lifts) to reach their destinations. The most prominent tall buildings are called ‘high-rise buildings’ in most countries and ‘tower blocks’ in Britain and some European countries. The terms do not have internationally agreed definitions, (Challinger, 2008). However, a high-rise building can be defined as buildings reaching 75 feet (23meters) to 100 feet (30meters) tall or seven to ten stories are considered to be high-rise structures. These types of structures will in most cases have depths of 150 feet with enclosed stairways and elevator shafts which are protected by stand-pipes, (Knoke, 2006). For most purposes, the cut-off point for high-rise buildings is around seven stories. Sometimes, seven stories or higher define a high-rise, and sometimes the definition is more than seven stories. at times, the definition is stated in terms of linear height (feet or meters) rather than stories. The exact height above which a particular building is deemed a high-rise is specified by fire and building codes for the country, region, state, or city where the building is located, (Knoke, 2006). However, for the purpose of this research and with the consideration of the Nigerian context, the cut-off point considered (for highrise) was five storeys and above. While medium-rise contains between two to four storeys and one storey was considered as low-rise buildings. The uniqueness and complexity in the nature of high-rise buildings in view of their design, development and management possess a great challenges, hence the difference in their construction and management with other properties, (Oyekole, 2004). The high cost of land acquisition caused by scarcity has given rise to a vertical development of multi-storey buildings in many cities in Nigeria. The city of Lagos State especially the marina area witnessed many high-rise developments in the early nineteen sixties up to the late eighties, which were developed by public authorities, private investors and corporate bodies for one purpose or another. However, it is the experience nowadays that such kind of developments are no more taking place in the metropolis, in other words it is very rare to find new site for high-rise development within the city. The development of medium and low-rise buildings becomes paramount, majority of the developers (public authorities, private investors, and corporate bodies) shift from development high-rise buildings to medium and low-rise buildings. This manuscript intends to present the reasons behind the shift and proffer solutions for better real estate investment in Nigeria.


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Project Information

Format:MS WORD
Chapter:1-5
Pages:57
Attribute:Questionnaire, Data Analysis
Price:₦3,000
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