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Old October 2nd, 2012, 04:23 AM   #1
Adm.Adama
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Britam Tower | Upper Hill | 200m | 31 fl

Quote:
British American Insurance Company is planning to spend Sh4.2 billion on a new 30-storey office tower and car park facility in Upper Hill.
The area which has attracted dozens of multi-national companies and blue chip financial service firms seeking expansion space away from Nairobi’s city centre. The insurance firm, which is a subsidiary of the listed financial services group, Britam, has filed applications for regulatory approval to put up the new office building.

According to the documents seen by Business Daily, the project will see the creation of 330,000 square feet of office and commercial space for rental purposes and about 970 parking bays, making it one of the largest office blocks in the area.

“British American Insurance Company is proposing to put up an office tower along Hospital Road in Upper Hill, which is Nairobi’s fastest growing commercial district. The design for the proposed complex provides for a 30 grade A office building with a detached 10 storey parkade,” said the insurance firm in a filing with the National Environmental Management Authority (NEMA).

The total cost of the project has been estimated at Sh4.19 billion according to the application documents, which also show that firm’s intention to tap into the growing demand for office space in the area.

British American Insurance Company says that the office block and car park will stand on two plots of land approximately 1.5 acres, next to Blue Shield Towers, neighboured by Eagle Africa and Crowne Plaza on the eastern side, Equity Centre on the southern side and mansionettes on the West.

http://www.businessdailyafrica.com/B...i/-/index.html
Another Giant is rising in UpperHill
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Old October 2nd, 2012, 06:50 AM   #2
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Quote:
Originally Posted by Adm.Adama View Post
Another Giant is rising in UpperHill
as i said a loooong time back. as long as it makes financial sense, the private sector will erect the towers no doubt. the kenyan companies and kenyan based companies have enough dough to erect these skyscrapers.

we dont have to go the Tanzania way of having the govt go on a tower building spree(not that there is anything wrong with that)
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Old October 2nd, 2012, 09:05 AM   #3
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Great news. I know this plot and if i have it right, Kcb tower is its neighbour across kenya road
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Old October 2nd, 2012, 09:20 AM   #4
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A thirty storey building on upperhill is worth a shout, it will dwarf Times tower from afar
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Old October 2nd, 2012, 09:39 AM   #5
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A thirty storey building on upperhill is worth a shout, it will dwarf Times tower from afar
Like from that photo from ABC tower
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Old October 2nd, 2012, 09:47 AM   #6
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Originally Posted by Kinyakankick View Post
Like from that photo from ABC tower
Thats from too far, Mombasa road shot would be awesome.
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Old October 2nd, 2012, 10:33 AM   #7
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Quote:
Originally Posted by Kinyakankick View Post
Great news. I know this plot and if i have it right, Kcb tower is its neighbour across kenya road
I disagree. There are 3 empty lots on that stretch of Hospital road. This project will take up the first 2 from the Blue shield parking lot directly opposite Delta centre. That leaves one empty corner plot at the Hospital road, Kenya road junction.

Now that plot has to get some serious tower to compete with its neighbours. KCB, Delta, Britam.
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Last edited by Kenguy; October 2nd, 2012 at 10:40 AM.
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Old October 2nd, 2012, 10:38 AM   #8
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Quote:
Originally Posted by Dhuks View Post
A thirty storey building on upperhill is worth a shout, it will dwarf Times tower from afar
Might be the highest point in Nairobi when complete.
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Old October 2nd, 2012, 11:47 AM   #9
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Quote:
Originally Posted by nairoberry View Post
as i said a loooong time back. as long as it makes financial sense, the private sector will erect the towers no doubt. the kenyan companies and kenyan based companies have enough dough to erect these skyscrapers.

we dont have to go the Tanzania way of having the govt go on a tower building spree(not that there is anything wrong with that)
who told u Tanzanian Govt has been building the towers? Can the Social Security Funds investment be classified as Government parse? with an independent board that decides where to invest? BTW how many of those projects r from them (security funds) and how many are from private sectors or banks or foundations?
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Old October 2nd, 2012, 12:29 PM   #10
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Great news.30 floors for upper hill is a milestone.Next 4 or 5 years Upper Hill will be nothing short of a modern mini-city inside Nairobi.
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Old October 2nd, 2012, 12:48 PM   #11
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we need mo of these...30+ floors and above
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Old October 2nd, 2012, 01:21 PM   #12
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This is nice, any renders?
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Old October 2nd, 2012, 03:07 PM   #13
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This is going to be nice.
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Old October 2nd, 2012, 03:25 PM   #14
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Wow...

Upper Hill's skyline will rival most African CBDs soon.
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Old October 2nd, 2012, 04:11 PM   #15
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excellent news, i think its not far from UAP Tower so that area will be quite nice in few years time
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Old October 2nd, 2012, 05:32 PM   #16
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Quote:
Originally Posted by Geza Ulole View Post
who told u Tanzanian Govt has been building the towers? Can the Social Security Funds investment be classified as Government parse? with an independent board that decides where to invest? BTW how many of those projects r from them (security funds) and how many are from private sectors or banks or foundations?
dude cool your heels.

i said there is nothing wrong with the how you finance your towers. i just dont think kenya has to go that way and vice versa. comprende?
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Old October 2nd, 2012, 06:24 PM   #17
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Just got a description of the Renders and they are amazing glassy cut 30floor tower, with level4 or 5 basement parking, and the design would surpass the KCB... Renders will be available soon
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Last edited by Adm.Adama; October 2nd, 2012 at 06:49 PM.
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Old October 2nd, 2012, 06:44 PM   #18
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Cool.

Upper Hill will likely be seeing similar projects in the coming years.
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Old October 3rd, 2012, 12:33 AM   #19
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Old October 3rd, 2012, 12:39 AM   #20
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Awesome. Can't wait for the renders.
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