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Nairobi Metro Region Projects and construction in the Nairobi Metropolitan Region


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Old April 12th, 2014, 01:04 PM   #121
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Massmart plans new Nairobi outlet after Naivas deal flops
Business Daily Africa
10 April 2014


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South African retail giant Massmart has opted to set up its branded stores in Kenya after the collapse of its bid to acquire a majority stake in Naivas Supermarkets.

The Johannesburg Stock Exchange-listed retailer said for the first time on Tuesday that it had called off its quest for the 51 per cent shareholding of Naivas after a family feud by the target’s owners derailed the takeover.

Massmart’s Africa director Mark Turner was quoted by Reuters saying the company had failed to clinch acquisitions that would have given it a substantial footprint in east Africa’s biggest economy.

“Going into Africa is not cookie cutter, if it was more cookie cutter we could roll out a lot quicker, but it’s not. It’s really getting into those markets and understanding them,” Mr Turner said.

Turner added the company — 51 per cent owned by Wal-Mart Stores Inc — would concentrate on opening its Game store by the end of this year at the upcoming Garden City Mall on the Thika Superhighway.

Massmart’s Game stores are discount shops which sell fast-moving consumer goods (FMCG) and non-perishable groceries through 114 stores in 12 African countries.

“The Massmart position is that we remain interested in investing in Kenya from both a greenfield and an acquisition perspective,” said Massmart in an e-mail response to inquiries by the Business Daily.

Massmart is seeking entry into Kenya’s growing ‘malling’ culture fuelled by Kenya’s growing middle class with increased disposable incomes to splash.

[continued in link]
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Old April 12th, 2014, 01:49 PM   #122
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worst nightmare.
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Old April 21st, 2014, 04:44 PM   #123
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Repost of the larger renders (previous url's were corrupted):





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Old May 9th, 2014, 08:50 AM   #124
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Safari Park books space at Garden City
Safari Park Hotel has booked space at the Garden City shopping mall along the Thika Super Highway to set up a high-end laundry shop in line with its diversification and expansion plans.

Safari Park general manager Solomon Matiri said in an interview that the hotel has booked two new shops at the shopping mall tipped to be the biggest in East and Central Africa on completion.

The hotel recently opened the Habari Laundry along Nairobi’s Kiambu Road and another one at Nakumatt Ridgeways targeting affluent clients in the area.

Mr Matiri said the Garden City shops will not have any eatery given their proximity to the Safari Park Hotel, which is a few metres away.

“The laundry will not only cater for the customers visiting Safari Park but will also be open to the public seeking similar services. We intend to tap on the big community around Garden Estate, Muthaiga North, home and Kasarani,’’ said Mr Matiri.

Safari Park Hotel is owned by a South Korean casino operator, Paradise Company. The hotel has announced it will be opening a coffee shop at Jomo Kenyatta International Airport in August.

Its expansion plans have also seen it open a restaurant at the KICC, which it is currently renovating and expanding to include a larger menu.
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Old May 21st, 2014, 05:20 AM   #125
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Brian this one is another assignment for you now that you are on the ground.
I think the last update we got for Garden City was in Feb. I am sure there is good progress. get them pictures!!
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Old May 21st, 2014, 05:35 AM   #126
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Brian this one is another assignment for you now that you are on the ground.
I think the last update we got for Garden City was in Feb. I am sure there is good progress. get them pictures!!
yeah,lots of progress,i saw it two days ago,i will get photos,planning to get a good camera today!
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Old June 13th, 2014, 02:01 PM   #127
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Old June 14th, 2014, 02:44 AM   #128
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This is the picture we should be seeing at Konza if anyone in govt meant their word about that city
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Old June 15th, 2014, 02:15 AM   #129
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The private sector putting the government to shame time and time again.
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Old July 5th, 2014, 10:20 PM   #130
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Btw how much is an apartment there? Anyone with an idea?
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Old July 6th, 2014, 05:53 PM   #131
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inside the mall



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Old July 7th, 2014, 05:44 PM   #132
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First phase of Garden City nears completion
Construction Review
6 July 2014
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Construction work is well underway on Garden City along Nairobi’s Thika Road, with phase one of the project set for completion by end of the year.

The US$250 million project, which is touted as East Africa’s the largest shopping mall, is being developed by London-based private equity firm Actis.

The 32-acre development, whose construction is led by Nairobi-based Mentor Management, will consist of a 50,000sqm shopping mall, 500 housing units and a 4-acre central park with an outdoor house arena for staging events.

Phase one of the Garden City project will involve the development of 33,000sqm of retail space and 76 residential units.

The Garden City Mall will be home to about 120 local and international retail brands, many of them opening their outlets in Kenya for the first time.

It becomes the latest real estate development along Thika Superhighway. Other notable firms that have eyed investments along the highway include 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, Thika Road Mall (TRM) among several others.

The Garden City project was last year granted the Vision 2030 Private Sector partnership project status.
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Old July 17th, 2014, 06:14 AM   #133
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Good News For Garden City as the project was awarded A prestigious Award,The LEED Gold Pre-certification for Implementing practical solutions aimed at achieving High Performance in sustainable site development,Material Selection,Energy Efficency,Water Savings and Indoor Environmental Quality.This award is one of its Kind to be given in East and Central Africa!
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Old July 17th, 2014, 09:17 AM   #134
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Apartment Prices at Garden City

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Originally Posted by Mami-wota View Post
Btw how much is an apartment there? Anyone with an idea?
Apartment Type
Two Bedroom Standard Kshs 21,000,000.00 Available
Two Bedroom Duplex Fully Sold
Three Bedroom Standard 1,814 sq ft Kshs 28,000,000.00 Available
Three Bedroom Duplex 2,289 sq ft Kshs 35,500,000.00 Available
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Old July 17th, 2014, 03:39 PM   #135
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Residential blocks

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Old July 17th, 2014, 03:42 PM   #136
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Quote:
Originally Posted by brian the real story View Post
Good News For Garden City as the project was awarded A prestigious Award,The LEED Gold Pre-certification for Implementing practical solutions aimed at achieving High Performance in sustainable site development,Material Selection,Energy Efficency,Water Savings and Indoor Environmental Quality.This award is one of its Kind to be given in East and Central Africa!
Sometimes I take these awards with a pinch of salt. How do you award a project that is incomplete? How can they quantify "water-savings" or efficiency for something you have not yet started using?
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Old July 17th, 2014, 03:45 PM   #137
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Residential blocks

I hope these residential blocks will have views of the greenery they promised. They seem too compact...but nice progress though
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Old July 17th, 2014, 03:49 PM   #138
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Sometimes I take these awards with a pinch of salt. How do you award a project that is incomplete? How can they quantify "water-savings" or efficiency for something you have not yet started using?
Eh,Man don't ask Me i saw it online but the company is base in The US and they have awarded some of the greatest Buildings in NYC,Hong kong,SF,etc..
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Last edited by brian the real story; July 17th, 2014 at 04:02 PM.
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Old July 17th, 2014, 04:12 PM   #139
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This project is owned by UK venture fund and they received millions of "foreign Aid" from Dfid. I do remember reading article in the Guardian UK, how "investors" are raking in big returns from foreign Aid kitty.
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Old July 17th, 2014, 04:20 PM   #140
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how does an investor rske in return from a foreign aid kitty?
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