- Lagos is transitioning from horizontal sprawl to high-density vertical development. - Real estate is a primary economic hedge against Nigerian currency volatility. - Government policy now permits buildings exceeding 110 meters to address land scarcity. - Engineering challenges include building on coastal soil, requiring deep-pile foundations up to 42 meters. - Critics argue that luxury-focused development risks gentrification and ignores the need for affordable housing. - Sustainability remains a concern, as municipal infrastructure (water, power, sewage) struggles to keep pace with private development.