Gracefield Island, also called The Phoenix, is a 100 hectares (250 acres) city in Nigeria created via reclamation of land from the Lagos Lagoon.

[5][6][7][8][9][10] Gracefield Island is a city developed from the reclamation of 100 hectares from the Lagos Lagoon and is expected to accommodate 10,000 to 25,000 people.

[15][16][17][18][19] Some companies with presence on the Gracefield Island are: Lafarge, Aspin, 9Mobile, Chevron Staff Coop, Zutari of South Africa, Samsson Group of Dubai, and HealthCare Outpost.

[20][3] The founder and Chief Executive of Gracefield Island is Mr. Olufemi Babalola and Chairman is Dr. Nu'uman Barau Danbatta, OFR, with Architect Ferdinand Agu, OFR, Peter Stephenson OBE, Leke Ojulari and Adetokunbo Adeyemo as directors.

[1] The island will be a green city with integrated public charging points for electric vehicles, dedicated cycle lanes, and pedestrian pavements to encourage cycling and walking as standard means of movement.