…unveils $250m Dream Theatre vision in Lagos

Landmark Africa says it is advancing its vision to redefine West Africa’s entertainment and tourism landscape through the proposed development of Landmark City. The city is a US$250 million integrated destination anchored by the Dream Theatre Entertainment Centre.

Landmark Africa is a leading Nigerian hospitality, real estate, and tourism development company, known for creating premier lifestyle and leisure destinations across Africa.

The proposed Dream Theatre Entertainment Centre, recently unveiled, is a 20,000-seat indoor arena that will anchor a landmark entertainment, tourism, and leisure destination on a 10-hectare Atlantic Ocean beachfront site in Lagos.

Located on a 10-hectare site along the Atlantic Ocean waterfront, approximately 15 kilometres along the coastline from the existing Landmark Village ecosystem in Victoria Island, Lagos, the development represents a significant expansion of Landmark Africa’s established business, leisure and lifestyle model.

The project is being advanced in partnership with African Capital Alliance (ACA), a leading Africa-focused private equity and investment management firm, combining Landmark’s destination development expertise with ACA’s investment capabilities and institutional relationships.

A new destination for entertainment, tourism and leisure

More than an arena, Landmark City is envisioned as a vibrant, year-round destination that brings together world-class entertainment, hospitality, retail, sports and recreation within one integrated ecosystem.

At its heart, Dream Theatre will provide a purpose-built, all-weather venue capable of hosting international concerts, basketball tournaments, sporting competitions, theatrical productions, exhibitions and major corporate events.

The wider development will feature a beachfront resort, retail avenue, hospitality accommodation, convention and exhibition facilities, themed restaurants, recreational parks, family attractions and a signature Ferris wheel.

Together, these attractions are designed to create a destination that remains active beyond major event days, encouraging longer visits, repeat patronage and sustained commercial activity.

Building on Landmark Africa’s proven experience

Since its establishment in 1997, Landmark Africa has evolved into one of Nigeria’s prominent developers and operators of integrated business, leisure and lifestyle destinations.

Its flagship Landmark Village ecosystem in Victoria Island demonstrated the commercial potential of bringing together corporate offices, hospitality, retail, entertainment and recreation in one location, attracting millions of annual visitors and supporting numerous businesses.

Landmark City builds on this experience, translating a proven destination-development approach into a larger, internationally competitive entertainment and tourism offering.

The project is targeting approximately five million visitors annually, with the potential to stimulate tourism spending, support local enterprises and generate employment across hospitality, entertainment, event production, retail and supporting services.

Connecting African entertainment to the global stage

Nigeria’s growing influence in music, sports and popular culture presents an opportunity to develop the infrastructure needed to attract major international productions and sporting events.

As Afrobeats continues to reach global audiences and interest in African sports expands, the demand for modern, large-capacity entertainment venues is becoming increasingly significant.

Dream Theatre seeks to address this opportunity by providing the facilities required to host major international tours, sporting competitions and large-scale live experiences within Nigeria.

The development is also attracting investment interest from American and Canadian investors, reflecting the growing opportunities for international capital and strategic partnerships within Africa’s entertainment and tourism industries.

Beyond the venue itself, Landmark City is expected to generate wider economic opportunities through increased demand for accommodation, transportation, food and beverage services, event technology, logistics and other supporting businesses.

A Vision for Africa’s Entertainment Future 974,756

For Landmark Africa, the Dream Theatre vision represents more than an infrastructure investment. It is an opportunity to establish Lagos as a leading destination for world-class entertainment, sports, tourism and cultural experiences.

By combining private-sector investment, international partnerships and its experience in developing successful destinations, Landmark aims to create a commercially sustainable ecosystem capable of attracting global audiences while delivering lasting economic value.

The ambition is clear: to build not just an arena but a destination that brings the world to Lagos and places African entertainment on a truly global stage.