Dismiss Notice
You are browsing this site as a guest. It takes 2 minutes to CREATE AN ACCOUNT and less than 1 minute to LOGIN

Groundbreaking for KSH 12bn Garden City set for December

Discussion in 'Kenyan News and Politics' started by Mwembetayari, Jul 13, 2012.

  1. M

    Mwembetayari JF-Expert Member

    #1
    Jul 13, 2012
    Joined: Feb 21, 2012
    Messages: 333
    Likes Received: 1
    Trophy Points: 0
    Groundbreaking for the Sh12.4billion Garden City project, which is located along Thika superhighway, will take place in December according to its owners.
    London-based private equity firm Actis has announced that construction work on the mixed use development will start in December with completion targeted for May 2014.

    The 32-acre development, whose construction will be led by Nairobi-based Mentor Management, will consist of a 50,000 square metres shopping mall (the biggest in East Africa), 500 housing units and a 4-acre central park with an outdoor house arena for staging events.
    According to Actis Head of East Africa Michael Turner, Garden City provides a rare opportunity to make a world-class development directly serving the needs of Kenyan businesses, shoppers and home-owners.

    "We have been encouraged by the strong demand shown by both local and international retailers, who like us see Garden City as a landmark destination in Nairobi and the East African region," Mr Turner said.

    Actis has a good track record in retail development in East and West Africa having built ten multi-billion shopping malls in seven African countries since 2004, including The Junction shopping mall in Nairobi.

    Garden City becomes the latest real estate development along the new Nairobi-Thika highway. Other notable firms that have eyed investments along the highway include European furniture chain IKEA, Nakumatt and Uchumi supermarkets as well as PepsiCo which is putting up a Sh2.4 billion bottling plant.

    The busy highway has also attracted residential property developments including the Sh2.5 billion Tatu City,Thika Greens, Migaa Golf Estate, among several others.

    Garden City Groundbreaking Set For December
     
  2. M

    Mwembetayari JF-Expert Member

    #2
    Jul 13, 2012
    Joined: Feb 21, 2012
    Messages: 333
    Likes Received: 1
    Trophy Points: 0
    [​IMG]


    [​IMG]
     
  3. Nairoberry

    Nairoberry JF-Expert Member

    #3
    Jul 14, 2012
    Joined: Mar 7, 2012
    Messages: 570
    Likes Received: 2
    Trophy Points: 35
    this is great will pull more investors that side i travelled thika highway two days ago and its amazing i was booked at utalii hotel and i asked my driver to take me on an inspection tour,wow i was impressed this mega mall actually when complete will only be ranked 6th in entire africa amazing. Investor confidence is high despite the terrorists weak and evil attemps
     
  4. nyangau mkenya

    nyangau mkenya JF-Expert Member

    #4
    Jun 22, 2016
    Joined: Mar 26, 2015
    Messages: 528
    Likes Received: 184
    Trophy Points: 60
    [​IMG] [​IMG]
    [​IMG] [​IMG] [​IMG] [​IMG]
     
  5. Mpendwa1

    Mpendwa1 JF-Expert Member

    #5
    Jun 22, 2016
    Joined: Dec 6, 2013
    Messages: 216
    Likes Received: 50
    Trophy Points: 45
    Absolutely beautiful
     
  6. Mpendwa1

    Mpendwa1 JF-Expert Member

    #6
    Jun 22, 2016
    Joined: Dec 6, 2013
    Messages: 216
    Likes Received: 50
    Trophy Points: 45
    [​IMG]

    [​IMG]


    [​IMG]


    [​IMG]


    [​IMG]


    [​IMG]
    [​IMG]
     
  7. Mpendwa1

    Mpendwa1 JF-Expert Member

    #7
    Jun 22, 2016
    Joined: Dec 6, 2013
    Messages: 216
    Likes Received: 50
    Trophy Points: 45
    Ooh yaani pia wana Barclays bank kwenye garden city? so hii ni mall by the way ama ni shopping center?
     
  8. Kabembe

    Kabembe JF-Expert Member

    #8
    Jun 22, 2016
    Joined: Feb 11, 2009
    Messages: 1,602
    Likes Received: 234
    Trophy Points: 160
    Nice architectural plan,good investment,I hope our elite at mlimani city could follow the suit kuliko kuendeleza ule ujenzi wa magodauni like blocks,in fact ni uharibifu mkubwa wa ardhi unaofanywa na wale wawekezaji pale mlimani.
     
  9. M

    MwendaOmo JF-Expert Member

    #9
    Jun 22, 2016
    Joined: Dec 16, 2013
    Messages: 319
    Likes Received: 60
    Trophy Points: 45
    Ni zaidi ya shopping centre. Bado ujenzi hujakamilika, lakini kuna residential na commecial buildings.
     
  10. 1

    1 Africa JF-Expert Member

    #10
    Jun 22, 2016
    Joined: Apr 8, 2016
    Messages: 790
    Likes Received: 296
    Trophy Points: 80
    Hehe... Spare my ribs..
     
  11. Mpendwa1

    Mpendwa1 JF-Expert Member

    #11
    Jun 22, 2016
    Joined: Dec 6, 2013
    Messages: 216
    Likes Received: 50
    Trophy Points: 45
    Ooh ok thanks!
     
  12. tuusan

    tuusan JF-Expert Member

    #12
    Jul 3, 2016
    Joined: Jun 30, 2016
    Messages: 622
    Likes Received: 296
    Trophy Points: 80
    Dude zuri ilo sio utani....
     
Loading...