Centum Uhuru Heights Project

In April 2010, Centum Investment Company Ltd through its subsidiary company, Uhuru Heights Ltd. appointed Acorn Management Limited as Project Managers to assist in developing an iconic, prestigious office and parking development that reflects Centum's success and excellence as one of the leading investment companies in East Africa.

The entire development consists of a 13 storied tower that will offer approximately 125,065 Sq. ft of lettable space.

The property is strategically located at the junction of Uhuru Highway and Utalii Street, West of Nairobi's vibrant Central Business District.

The proposed development is estimated to cost a total of Kshs 1.25 Billion
http://www.acorngroupafrica.com/section.asp?ID=66

http://i188.photobucket.com/albums/z8/kenyandude/Page_5.jpg
Centum Investments Headquarters, Nairobi, Kenya, Area: 45 000 m2, Design Competition Winner 2008

Originally posted by Nairoberry Seems the actual facillity has been scalled down(or altered altogether) to miniscule 13 storey, so the above proposal will presumably suffice for now. Will be checking for any updates..Its also possible that the assigned devp company(Uhuru Heights) is the one involved Dar's latest 25 storey mixed luxury development around the city's prime Surburb-location.

Our Strategy : Our Vision-Our Mission

To be Africa’s foremost investment channel.

To create real tangible wealth by providing the channel through which investors access and build extraordinary enterprises in Africa.The company invests in Africa with a focus on private equity, quoted private equity and real estate. As at March 31, 2009 64% of the Company’s portfolio was invested in private equity, 35% in quoted private equity and 1% in real estate.

Centum makes investments in companies that produce basic goods and services and that serve the domestic market within Africa. The company has investments in the financial services sector, beverages (Coca-Cola bottling plants), motor vehicle assembly, publishing and transport infrastructure.

Centum believes that this is a winning investment strategy because as the economies of Africa continue to grow domestic demand will grow as buying power increases. The growth in demand of goods and services will need to be satisfied by local enterprises and Centum focuses on making investments in companies playing in this space with a view to creating real tangible wealth and building extraordinary enterprises.

Centum is the largest public quoted company in East Africa with over 38,000 shareholders and has been listed on the Nairobi Stock Exchange since 1967. As at March 30, 2009 it had Kshs 6.5 Billion of assets under management. Centum’s investment portfolio includes some of the leading companies in East Africa.

Centum has three business segments: private equity, quoted private equity and real estate. Centum’sprivate equity business makes both control and non-control investments in private companies and manages a portfolio of private investment holdings. The quoted private equity business of Centum is involved in making and managing a portfolio of publicly traded equity securities. The real estate business focuses on making and managing a portfolio of real estate and infrastructure assets. Centum primarily invests its shareholder funds and has over the years generated market beating returns.
http://www.centum.co.ke/default2.php?active_page_id=429

One of Kenya's most prolific and markable investment vehicle.^^

Other Proposed Real-Estate Developments Proposed.

2. Pearl Marina Estates Ltd.

Pearl Marina Estates Ltd, a wholly owned subsidiary of Centum Investments Company Ltd, intends to develop a master planned mixed use type development in Garuga area of Entebbe, Uganda on an 87 acres parcel of land.
Primarily, the development will be developed for investment purposes targeting premium clientele.

The proposed mixed use development for the project shall consist of:
1. Modern Residential Homes
2. A Luxury Resort
3. A Marina
4. A Regional Hospital


3. Runda Closeburn Estates Ltd.

Runda Closeburn Estates Ltd. is also a wholly owned subsidiary of Centum Investments Company Ltd.

It intends to develop a master planned use type development on its 100 acres parcel of land located in the affluent address of runda, the development will comprise of residential, institutional and commercial facilities with office parks and a shopping centre.

I love the tower. Superb location. It will add to the cluster of towers around the anniversary towers area.

I love the tower. Superb location. It will add to the cluster of towers around the anniversary towers area.

If they implement the winning bid(As above) the towers will look something like HAZINA TOWERS bar the twin Antennas and some flashy glass exposee'.^^

HAZINA TOWERS

http://i151.photobucket.com/albums/s135/kenyanforever/Hazina_Towers.jpg

Guys please showcase urban renewal projects taking place in Nairobi in this thread, http://www.skyscrapercity.com/showthread.php?t=1201959

Damnn!! Nairobi ina endelea.


Lakini ma gorofa nyingi za Nai ni ma Ofisi. Ingali kua poa kama Nairobi ingali jenga ma high rise residential towers.

Natakia mema kwa ma project hizi

Damnn!! Nairobi ina endelea.


Lakini ma gorofa nyingi za Nai ni ma Ofisi. Ingali kua poa kama Nairobi ingali jenga ma high rise residential towers.

Natakia mema kwa ma project hizi

It's only that we have zoned Our Sections; This section is for Nairobi U|C(Proposed), If you want to check the residentials we have the following threads.


Nairobi & Mombasa Beyond 2009..http://www.skyscrapercity.com/showthread.php?t=827846&page=9
Kibera Slum Upgrading..http://www.skyscrapercity.com/showthread.php?t=938872

Zipo majumba za orofa tele, 'hususan' katika mita kama Kileleshwa, Hurlingham, Zimmerman n.k.

Good projects coming up, but I am looking foward for a mega structure to rival the Times Tower or the KICC. Is it likely to come soon?

Good projects coming up, but I am looking foward for a mega structure to rival the Times Tower or the KICC. Is it likely to come soon?

All the talk is now centered around the Proposed-KCB unveiling, I doubt the Govt's Harambee Hse II in UpperHill can spruce a surprise(A +Nyayo Hse like structure).

Description
The site is located next to Runda Mimosa and across from the Rosslyn Estate on Limuru Road. The property therefore sits well within the diplomatic blue zone and is less than 10 minutes drive from the UN Complex and US Embassy at Gigiri;

http://www.centum.co.ke/images/stories/fgallery/closeburn_skyview.jpg

It is bordered by the Ruiruaka River to the South and a seasonal tributary to the Ruiraka river flows through the middle of the Property. The Runda site is bounded by the Limuru Road to the South, the Northern Bypass to the North and the proposed link road to Waiyaki Way to the West. It is strategically located between three major roads and is thus ideal for the development of a world class integrated mixed use destination;a

Runda Development Plans: The proposed destination will comprise a range of housing options, pedestrian friendly quality public spaces, environmentally sustainable, and a hierarchy of public to private space with nested but unobtrusive security.

http://www.centum.co.ke/images/stories/fgallery/20110715104407.jpg
www.centum.co.ke

http://www.centum.co.ke/images/stories/runda-closeburn.png

http://www.centum.co.ke/images/stories/fgallery/20110715104518.jpg
www.centum.co.ke

Lovely project. I understand they have also planned something similar for Entebbe, Uganda which might be on a larger scale than Runda Closeburn.

Lovely project. I understand they have also planned something similar for Entebbe, Uganda which might be on a larger scale than Runda Closeburn.

Seems like a whole new mini-city to me on the Kenyan side. The Ugandan one is massive too and the peninsula locale is nothing but exquisite, it will definately give Entebbe an early edge as a resort town over other competing L.Victoria towns.

GARUGA PENINSULA
http://www.centum.co.ke/images/stories/Garuga/garuga_area.jpg

TIME FRAMES:
http://www.centum.co.ke/images/stories/garuga.png

UG Forummers will need this:
LINKS: http://www.centum.co.ke/garuga-penninsula

http://www.skyscrapercity.com/newreply.php?do=newreply&noquote=1&p=82425647

sorry here is the right link http://www.businessdailyafrica.com/Corporate+News/Centum+seeks+Sh6bn+dollar+loan+for+real+estate/-/539550/1271058/-/4oora0z/-/index.html

What I love most about this project is its open access plan. Far better than the "gated" model followed throughout most of Runda.

^^that's the first thing I noticed.:happy:

This tower is extremely beautiful but it seems to be another failed project. If they revive it hope it will be upperwards of 30flrs. A tower like this needs to be seen from any point in nairobi