[1] built by Messrs HFP Engineering Nigeria in 1990 for the Lagos State Development and Property Corporation, LSDPC.
The third phase added prefabricated high rise buildings on eight blocks of the Estate, initially to house those displaced by the construction work.
[2][3] It is the estate where Funsho Williams, a popular PDP Lagos governorship aspirant, was murdered on 26 June 2006 at his residence on Corporation Drive.
[4] In October 2015, 45 Boko Haram suspects were arrested after plotting to attack the estate, but later found to be a gas explosion.
The drainage system could not release all the captured water into ocean all at once, causing it to remain in the Ikoyi area and rise.