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Nairobi Metro Region Projects and construction in the Nairobi Metropolitan Region


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Old July 17th, 2014, 05:47 PM   #141
Melancholy
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British aid money invested in gated communities and shopping centres

In El Salvador, a company that received $3.3m from CDC in 2004 built 10 gated communities amid growing local concern that such developments are putting pressure on water resources and privatising what the little green space left in the country.

In Kenya, $25m has been put into a 13-hectare (32-acre) mega-development in Nairobi called Garden City with hundreds of upmarket flats, a business hotel and what will be east Africa's largest shopping centre.

• In Mauritius, more than $24m has gone to a developer whose portfolio includes a 170-hectare "aspirational ocean lifestyle village", with luxury beachfront homes from $500,000 and an elite boarding school managed by the Berkshire-based Wellington College.

• In India, one CDC-backed business has developed what it describes as "South Asia's first truly international luxury apartment project", home to "a Forbes billionaire, prominent entrepreneurs, CEOs, directors and chairmen".

Some extract: more details from guardian link above
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Old July 30th, 2014, 07:50 PM   #142
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Garden City targets energy savings with solar panels

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Garden City mall plans to install a solar panel covered car park to generate energy for use by tenants.

The plan was announced by Actis’ Investment Principal Koome Gikunda on Wednesday who said the plan will take advantage of the country’s solar resources.

“We were looking for a turn-key solution that could produce clean power and pay for itself with the energy it produces,” said Gikunda.

The panels to be installed on the roof of the 50,000 square meter mall are expected to produce approximately 1,246,000 kWh per year.

The solar energy project is also set to reduce emission of Carbon Dioxide by an estimated 492 tonnes per year.

Garden City, the new 32-acre integrated residential, retail, park, hotel and office development on Nairobi’s Thika Superhighway, is being developed by Actis using a ‘green-by-design’ approach.

The installation of the solar panels will help Garden City achieve its Leadership in Energy and Environmental Design (LEED) certification.
The planned solar system will be installed by NVI Energy who will operate and maintain the system for 12 years.

The system will automatically switch over to provide power together with back-up generators during times when the power goes off, reducing diesel use and saving money.

ADOPTED

Solar energy is being adopted in the country to provide cheaper power with Strathmore University being the latest entrant with 0.6MW solar system on its Madaraka Campus roof top tied to the national power grid which started lighting up the university last month.

The solar system was first adopted by Unep headquarters in Gigiri that produce 500 KW followed by Williamsons Tea Factory with its 1 MW produced at its Changoi farm in Bomet County.
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Old August 4th, 2014, 08:30 PM   #143
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Karibu Kenya

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Old August 26th, 2014, 04:35 AM   #144
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Old August 27th, 2014, 12:29 AM   #145
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wow!
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Old August 27th, 2014, 01:14 AM   #146
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Old August 27th, 2014, 06:54 PM   #147
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Hoping to see projects of this magnitude in Kenya one day.
https://www.godrejproperties.com/god...ncity/overview
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Old September 19th, 2014, 11:40 PM   #148
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Africa’s Largest Solar system to be built in Nairobi mall

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UK firm Solarcentury plans to construct a solar carport on the topmost storey of a car park at the upcoming Garden City Mall in Nairobi to provide alternative energy source to tenants.

The solar project, which will provide renewable power, is part of 32-acre integrated residential, retail park, hotel and office development where Garden City Mall is being constructed on Thika Road in Nairobi.

The solar installation would be financed through Solar4Africa, a 12-year financing plan, whose aim is to enable the mall to overcome barriers frequently affect commercial solar projects, Solarcentury’s East Africa director Dan Davies said.......


The solar project will constitute 3,300 solar panels on the carports. The dual-mode technology will provide solar energy in the daytime meaning less is used from the grid, and when the grid is down, the system also reduces the consumption of costly diesel back-up.

“Essentially, the system is able to operate in either mode. This dual-mode system ensures a consistent energy supply whilst reducing diesel and grid consumption,” Mr Davies said.

This is an old story came out in July, but only twist I saw was "Africa’s Largest Solar system to be built in Nairobi mall" I did not know it will be the largest in Africa
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Old September 20th, 2014, 04:05 AM   #149
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Originally Posted by primezz View Post
wow!

This developer is not F-ing around.
Talk about keeping the eyes on the ball ...
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Old September 22nd, 2014, 12:42 AM   #150
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Show house for the Garden City village is now open







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Old September 22nd, 2014, 01:37 AM   #151
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expensive

maybe $1,500 a month rent
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Old September 22nd, 2014, 04:53 AM   #152
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expensive

maybe $1,500 a month rent
Very.
What about purchase prices for a two or three bed unit?
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Old September 22nd, 2014, 03:45 PM   #153
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London-based private equity fund, Actis, plans to construct a multi-billion- shilling commercial and residential estate on a 32-acre piece of land on Thika Road.




The land is owned by beer maker East African Breweries Limited (EABL).

The investment by Actis, which says it has set aside Sh6.4 billion ($75 million) to spend on projects in East Africa within the next 11 months— will deepen its stake in the region’s real estate sector.

Actis has significant shareholding in the Nairobi Business Park, which houses the Junction Shopping Centre along Ngong Road and Tanzania’s Capital Properties.

Senior Actis partner Paul Fletcher told the Business Daily in an interview that the private equity firm is focusing on investments in real estate, energy, consumer and financial service sectors.

Late last year, we concluded a major real estate investment on the new Thika Highway, which is keeping us busy, but we are certainly on the lookout for at least one large, greater than $75 million (Sh6.4 billion), private equity investment in 2012,” he said.

Mr Fletcher did not offer more details on the Thika Road project, which will involve the construction of office blocks, a hotel and residential units.

Actis has contracted development consultancy firm GIBB Africa, which designs and supervises construction works, to undertake a feasibility study on the land along Thika Road.

The study includes checking the water, sanitation, electrical engineering and environmental screening.
“Actis is proposing to construct a mixed use development, comprising offices, hotel and commercial and retail areas on a 32-acre piece of land currently the property of EABL.

The land is located off Thika Road in the Ruaraka area of Nairobi,” said the notice.

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The EABL’s land is close to Moi International Sports Centre, Kenya School of Monetary Studies, KCA University and Utalii Hotel.
Actis said it could not give further details on the plan because it is still subject to a series of approvals.

Details of the development are scanty, and it is not clear whether Actis is acting in a joint venture with other investors, whether EABL has sold the land to Actis or whether it is being developed on a lease or joint venture basis.

East African Breweries (EABL) declined to comment on the issue.

“We are currently in a closed period limiting us from commenting on the same,” said the EABL Group head of communications, Joseph Sunday.

The expansion of Thika Road into a super highway has attracted multi-billion shilling commercial and residential real estate developments such as the Kenyatta University City, Thika Greens and the proposed Tatu City.
Mr Fletcher said the outlook for private equity in the region is buoyant, driven by demographics, urbanisation and the natural entrepreneurial energy in the region.




The East African Community common market has also made the region an attractive investment destination.

Actis has also invested in infrastructure projects in the region including a 74 MW oil-fired power plant in Mombasa, a 190 MW gas fired power plant and processing facility in Songo Songo Tanzania and Umeme in Uganda, which is a 20-year government concession for power distribution.

The fund has also invested in agribusiness including timber in South Sudan and Tanzania, tea in Tanzania and in grain handling facilities in Mombasa in addition to financial services investments in DFCU Bank in Uganda and BCR Bank in Rwanda.

“We expect our investments to perform well in 2012. We have put the work in to ensure we have the right management teams, with the right strategy and projections. Due to high inflation in Uganda and Kenya we may find that the steep climb in bank lending rates result in some pain in the consumer sector,” said Mr Fletcher.

http://www.businessdailyafrica.com/A...k/-/index.html
Nairobi Business Park is a stalled project now due to enviromental issues that is what i heard from one of the architects
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Old September 22nd, 2014, 03:48 PM   #154
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Garden City Mall is being done at a great speed- Glasses are being bought locally- its gonna go to about 15000 Sq of glass-
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Old September 22nd, 2014, 11:28 PM   #155
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Quote:
Actis has significant shareholding in the Nairobi Business Park, which houses the Junction Shopping Centre along Ngong Road and Tanzania’s Capital Properties.
These reporters need to get their facts straight! Nairobi Business Park and The Junction are two different properties on Ngong Road
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Old September 22nd, 2014, 11:30 PM   #156
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Originally Posted by Karol Tunduli View Post
Garden City Mall is being done at a great speed- Glasses are being bought locally- its gonna go to about 15000 Sq of glass-
They are already doing glazing Bottoms up!
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Old September 23rd, 2014, 02:59 PM   #157
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Mbisha maze.
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Old September 23rd, 2014, 06:55 PM   #158
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that apartment unit though
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Old September 24th, 2014, 03:15 PM   #159
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Show house for the Garden City village is now open
That kitchen .. wow. Love it
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Old September 24th, 2014, 11:04 PM   #160
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you must be a female.
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