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Discussion Starter #1 (Edited)
Source:

https://www.businessdailyafrica.com/markets/marketnews/KPA-to-put-up-Kenya-s-biggest-office-complex/3815534-5198566-28h7e0/index.html

Kenya Ports Authority (KPA) is set to construct a multi-storeyed headquarter in Mombasa expected to be the largest office complex in Kenya.

Without providing cost estimates, the State agency said the building will provide a total covered area of 75,000 square metres whereby 18,000 square metres will be for parking spaces (1,000 vehicles), 12,000 square metres reserved for conference facilities and 15,000 square metres for commercial spaces.

The tender for the project, whose winner is to be announced soon after last week’s deadline lapsed, indicates the new development will also generate some 21,000 square metres of lettable office space while reserving 9,000 square metres for KPA’s occupation.

“The above coverage areas are for guidance and the final areas will be determined during a brief development stage to meet project viability and client objectives,” it adds.

“Bidders for the design, construction and supervision tender who have handled a similar project in the past five years’ worth above Sh7 billion earn themselves the highest score with further points set to be added where a firm has handled five completed assignments in the last 10 years.

Construction consortia with varied expertise on modern technology, environmental issues, especially energy saving, solar energy and water harvesting and recycling will earn themselves more scores,” said KPA, which is led by an architect Daniel Manduku.

Developments of a similar magnitude in Nairobi include upcoming Africa’s tallest building by Pinnacle at 200 metres

Another one owned by regional underwriter Britam has 1,002 motor vehicle parking spaces with lettable office space rising 32 floors.

The 32,716 square metre property with a 12-floor parking area is located at Upper Hill. It took four years to complete the Sh5.8 billion structure.

UAP-Old Mutual Tower that covers 29,000 square metres rising 33-floors cost Sh5 billion and boasts of 800 parking spaces while 38-floor Times Tower, which houses Kenya revenue Authority has 11 floors dedicated for parking.

Newly opened Sanlam Towers in Westlands, rises 18 floors with 13,006 square metres of space and 400 parking slots.
 

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I smell a corruption scandal with this one. Was there any feasibility done? The new MD is an architect right? Tender favors maybe? How are they going to get value for their money? There is currently no shortage/demand for office space in Mombasa. There are lots of empty spaces within the CBD. The former National Bank Branch Building on Moi Avenue has been up for sale for a while now with no buyers.


They could have upgraded their estates dotted all-over the county. Maybe this new development will have some residential elements, that may make some returns. Otherwise.... pesa zitaliwa mbaya
 

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I smell a corruption scandal with this one. Was there any feasibility done? The new MD is an architect right? Tender favors maybe? How are they going to get value for their money? There is currently no shortage/demand for office space in Mombasa. There are lots of empty spaces within the CBD. The former National Bank Branch Building on Moi Avenue has been up for sale for a while now with no buyers.


They could have upgraded their estates dotted all-over the county. Maybe this new development will have some residential elements, that may make some returns. Otherwise.... pesa zitaliwa mbaya
These things take long to form it will take 2-3 years before we start seeing any ground work.

Mombasa CBD is very sleepy if this project will reinvigorate the city it will be a good boosting of businesses.


Mombasa is a sleeper city. And right now is undergoing massive transformation new roads, rail, bridges, ports, free trade zone etc. Means in 10 years time Mombasa will be a very attractive destination for global business.


If KPA can build Kenya’s tallest building at the coast even taller than Palm Exotica then they should attempt to do so and establish themselves a landmark.
 

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Then again, why is KPA itself building this? Real Estate is not its mandate. Don't they have a pension scheme/Sacco? This entity is very corrupt.

They tender millions for bloody stationery!! Kshs. 100 bob for a bic pen!
 

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Then again, why is KPA itself building this? Real Estate is not its mandate. Don't they have a pension scheme/Sacco? This entity is very corrupt.

They tender millions for bloody stationery!! Kshs. 100 bob for a bic pen!
Dude several state corporations have similar projects in different countries ,even in tanzania their tallest building is the port corporation building that has attracted a lot of FDI and changed the dar skyline. As much as Kenya is good at corruption, this is one of the few most profitable state corporations that has met good targets of efficiency and is the envy of others in the region. Let it build.
 

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Availability of office space can also affect investment. I dont see why some service based companies cannot choose Mombasa as its HQ as opposed to Nairobi? Its transport infrastructure is being upgrade, MSA airport is receiving more direct international flights.

Most will cite infrastructure. By this mostly they mean availability of quality working space.

Living cost in Mombasa could also be cheaper (mostly because of lower rental and transport costs) hence if one can locate their, the salaries they have to pay to maintain their workspace in happy place could be less. It can also be a more attractive place to leave for those who don't mind warm and humid temperatures as opposed to cool temperate climate.
 

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With Dongo Kundu industrial park n the offing, KPA has woken up to ready herself for the high demands that are smelt in Mombasa.

The project is very much viable, long overdue
 

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Once Mombasa starts taking off, it will be unstoppable. The major constraint was infrastructure but now Mombasa is catching up pretty fast. We now need the coal plant in Lamu and gas plant in Dongo Kundu. Won't be surprised if Mombasa becomes bigger than Nrb in 20 years
 

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Once Mombasa starts taking off, it will be unstoppable. The major constraint was infrastructure but now Mombasa is catching up pretty fast. We now need the coal plant in Lamu and gas plant in Dongo Kundu. Won't be surprised if Mombasa becomes bigger than Nrb in 20 years
This ain`t a Nairobi vs Mombasa but don`t ever underrate Nairobi
 
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