How much is AKON CITY worth?
How much does Akon City cost has been the trending question in the cryptocurrency world.
The Senegalese-American RnB singer Akon has just announced the laying of the foundation stone for the construction of the green and futuristic Akon City in western Senegal.
This mega real estate project is being implemented by the American companies KE International and Bakri & Associates Development Consultants. The 1,200-acre futuristic development project will be located in the suburb of Dakar.
It will offer more than 17,000 housing units and leisure facilities including parks, recreational zones, and schools report Rolling Stone.
A location for the project has not been disclosed, but it is said that many areas in the nearby West International City have been acquired for the project.
The Akon City project also includes a 1,200-acre entertainment resort and theme park. Once completed, the project will have an amusement park, a marina, and a mall.
“My vision is to bring Africa and its people together in a peaceful and harmonious state of coexistence,” said Akon. “Dakar is the new space for all people to share and benefit from. From investors to artists, this is the perfect place to make your fortune. You can create a legacy for generations to come.”
According to Complex, Akon is not only investing $1.5 billion into the project, but he is also planning to own a 42-acre beachfront development in New Orleans, Louisiana, known as the City of Roses, when it is completed in five years. The project cost is about $300 million and will be developed by Edenbrook Development.
The City of Roses will be located across from Gentilly Marina. Besides residential development, Akon is also building a retail center, hotel, and restaurant.
The Konvict record label founder recently bought the mansion of a blues singer and philanthropist in Florida.
Akon and his wife looked to buy the 19th-century manse in the Spanish moss-draped “Old City” neighborhood for $4.65 million. According to the real estate listings on The Real Deal, the mansion has 19,000 square feet of interior space.
However, no news about his possible relationship with Britney Spears has surfaced after the two were seen dancing together at the MTV Video Music Awards. The two were spotted in the VIP section of the awards ceremony, where Akon is a music executive.
There’s Akon City on board. The Senegalese-American RnB singer Akon’s real estate project was recently launched in the vicinity of Mbodième, a small coastal village in western Senegal. The artist recently held a press briefing in the Senegalese capital of Dakar to announce the launch of this Wakanda-inspired sustainable construction project, the name of a fictitious African kingdom setting the scenario for Marvel Studios’ superhero film Black Panther.
The artist Akon, called Badara Akon Thiam, took advantage of his press briefing to speak about the expense of the project, which amounts to $6 billion, or almost 80% of the 2020 budget of Senegal ($7.6 billion). One-third of the budget is already open, according to an RnB star. Work on the ground will commence in the first quarter of 2021 under the guidance of KE International, an American company.