Some of the structures developed by the company include: Dolphin Estate, Falomo Shopping Complex and multi family apartments in Iba, Isolo, Abesan and Amuwo Odofin.
Between the years 1924 and 1930,[1] an outbreak of bubonic plague occurred in colonial Lagos and as a measure to clear swamps and provide housing facilities with better sanitary conditions, colonial authorities inaugurated the Lagos Executive Development Board.The first Nigeria Secretary to LEDB is Olayinka Kingpaul[2] In addition, to swamp clearance, the board's responsibilities included land use mapping and monitoring insanitary buildings.
However, the swamp clearing and insanitary structures monitoring generated its share of criticism, in 1930, Eleko Sanusi Olusi lamented that the exercise left many people homeless.
The motive of the clearance was to provide an healthier environment but was also seen as an exercise promoted by Nigerian political elites who were not comfortable with the existence of slums in the nation's capital as independence was looming.
[citation needed] A lot of these projects, especially the low cost estates are allocated without a clear criteria for choosing buyers, as a result many of the owners are investors who later rent out the buildings to tenants at high prices.