Kampala | City Gallery

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The City




The City At Night

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[Patriotic Ugandan]

Construction of the Pension Towers project second phase will begin in August 2012, the National Social Security Fund (NSSF) Managing Director Richard Byarugaba has announced.

Unveiling the new artistic impression of the building to the media at the project site on Lumumba Avenue in Kampala today, Byarugaba said that construction of the second phase is expected to be completed in August 2015.

He added that the building will be ready for occupation by December 2015.

“The tendering process to identify the contractor for the second phase is in advanced stages with prequalification of 3 contractors to undertake bidding alreadycompleted.

The second phase will involve completion of all outstanding works until the building is ready for occupation,” Byarugaba said.

Construction of Pension Towers started in April 2008 by Roko Construction Ltd.

The first phase, which was completed in January 2012, involved construction of four basement levels and some elements of ground and mezzanine floors.

Pension Towers will be an ultra-modern ‘intelligent’ commercial building comprising 3 towers. The first and second towers will each have 10 storeys. The third tower will have 25 storeys, which will make Pension Towers the tallest building in Kampala.

The building also has four basement levels with parking space of 500 cars. Additional on surface parking will be provided.

Byarugaba said that the total estimated cost of Pension Towers is Ushs 260 billion. The Fund has spent Ushs 42.5 billion on the construction of the first phase.

“This new redesign will enable us to optimally utilise all the land and ensure that the property earns a good return for contributors. We anticipate an annual return of 15%,” Byarugaba said.

Pension Towers is one of the projects under the Fund’s Real Estate Investments portfolio.

Other real estate projects in the pipeline include a 5000 unit affordable residential housing estate in Temangalo and a 3000 unit estate for high income earners in Lubowa.

http://www.nssfug.org/103/News/Secon...tart_in_August

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Originally Posted by Patriotic Ugandan

Temangalo and a 3000 unit estate for high income earners in Lubowa.

http://www.nssfug.org/103/News/Secon...tart_in_August

next time post this in the project thread not Kampala City Gallery

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Metroplex Mall Naayla Suburb








Ham tower in Makerere





Mazima Mall
Apparently Nandos has opened its second Kampala branch here






Mr Tasty Ntinda

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Tick Hotel

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Uganda Martyr's Shrine Namugongo
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New Office
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Kampala Skyline
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Victoria university
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Mapera House

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New Look Downtown Kampala
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