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Pan Africa Insurance Tower | Westlands | 88m | 18 fl | T/O

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https://www.google.com/url?sa=t&rct...zYD4Bg&usg=AFQjCNEAzVlPlaI8pzaPu7SmASjFRiG4dw
Pan Africa Insurance has announced plans to build a 20-storey office complex in Westlands, Nairobi, as it seeks to supplement income from its core business.

The Sh2.5 billion project, whose construction begins later this year, will be funded using Pan Africa’s cash reserves, said the firm’s CEO Tom Gitogo.

“We will use a third of the space and rent out the rest,” Mr Gitogo added.

The proposed office block that is tipped to be one of the tallest buildings along Waiyaki Way will see Pan Africa relocating from its Kenyatta Avenue headquarters and earn rental income from corporate tenants.

Westlands offers some of Kenya’s highest commercial rents, with office space going for between Sh100 and Sh120 per square foot – nearly double the cost of similar spaces in the Nairobi central business district.

Pan Africa, which owns Mae Ridge homes in Nairobi’s Runda estate, said it earned high returns from sale of property in the leafy suburb, which boosted its revenue for the year ended December 2013.



Insurance firms have lately ventured into real estate development, building high-end commercial properties, as they seek to cash in on high rental fees and capital appreciation.

Britam is, for instance, building a 31-storey office complex along Hospital Road in Upper Hill – Nairobi’s fastest growing commercial district.

The building, to be known as Britam Tower, will have 30,000 square metres of space for rent and will house the firm’s headquarters and accommodate corporate tenants. It is scheduled for completion in December 2015.

UAP Insurance is also building a 32-storey tower in Upper Hill that will serve as UAP headquarters, with surplus space for letting out to corporate tenants. The UAP Tower is estimated to cost Sh4 billion.

The regional insurer is also constructing a 15-floor office block in Juba, South Sudan. Dubbed Equatorial Towers, the upcoming building is tipped to be the tallest man-made structure in South Sudan on completion in August.

The Kenya Reinsurance Company has also announced plans to build a high-rise commercial building in Upper Hill at a provisional budget of Sh4 billion to cash in on the rising demand for office space in the area.
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Is it the casino?
I agree,that Muthithi road is very chaotic!and it reminds me,you see at the entrance of Muthithi road,just opposite the Museaum,there is a tall building which has stalled,would you know what building is that?
Probably.I remember reading about that a few years back on this site.How many floors is the casino?
Is it the casino?
We are just being taken for a ride about building heights, I don't stability, etc what not and what have you!! How special is Kenya on earth, Look at the Asian countries people are building crazy tall buildings, hapa watu wanakuambia sijui ... It's maddening. I need to see the law to believe this hogwash kind of law exists. Technology has been used to circumvent natural circumstances, look at Japan! We are just lazy and don't like to do research so we use excuses.
i don't know!and i haven't heard of any rule pertaing to height!even in upperhill it was the same story until Kidero decided to remove the law,it lead to downsizing of KCB and almost UAP which would have been 23 floors,also the proposed The One tower was made to 54 floors from 70.
It actually is the 7-star Prince Hotel by Kamlesh Pattni.I see now it has stalled for so long.They must have run him broke with court cases and seizure of his other investments
Is it the casino?
nope its not kamlesh,his project did not take off
Definately we need to know the truth,how i wish i could see nairobi like Shanghai or riyadh
We are just being taken for a ride about building heights, I don't stability, etc what not and what have you!! How special is Kenya on earth, Look at the Asian countries people are building crazy tall buildings, hapa watu wanakuambia sijui ... It's maddening. I need to see the law to believe this hogwash kind of law exists. Technology has been used to circumvent natural circumstances, look at Japan! We are just lazy and don't like to do research so we use excuses.
There is actually a height restrictions thread on skyscrapercity but I am unable to copy the link right now.Japan has a restriction of 300m because of seismic activity,Cape Town has a restriction of 150m to preserve natural beauty,Berlin has a restriction of 100m to preserve culture etc.I don't know the reason for Westlands only plot area ratio
We are just being taken for a ride about building heights, I don't stability, etc what not and what have you!! How special is Kenya on earth, Look at the Asian countries people are building crazy tall buildings, hapa watu wanakuambia sijui ... It's maddening. I need to see the law to believe this hogwash kind of law exists. Technology has been used to circumvent natural circumstances, look at Japan! We are just lazy and don't like to do research so we use excuses.
Then whoever took over must really have cash problems
nope its not kamlesh,his project did not take off
DC also has a height restriction (buildings cannot be taller than th Washington monument) I guess because of security reasons....but why would Westlands have height restrictions....its not that close to State House.
There is actually a height restrictions thread on skyscrapercity but I am unable to copy the link right now.Japan has a restriction of 300m because of seismic activity,Cape Town has a restriction of 150m to preserve natural beauty,Berlin has a restriction of 100m to preserve culture etc.I don't know the reason for Westlands only plot area ratio
I know it looks so old the green nets look brown now
Shame because that's a really nice spot to put up a nice skyscraper.
I know it looks so old the green nets look brown now
Ur Damn Right!!
Shame because that's a really nice spot to put up a nice skyscraper.
I'm going out here on a limb but i think this building renders will be a blue glassed skyscraper not like I&m.
More like what you are hoping for?Everybody seems to love the blue glassy facade.Personally I love the white colour like Rahimtulla
I'm going out here on a limb but i think this building renders will be a blue glassed skyscraper not like I&m.
DC's height restriction has nothing to do with security, it is about symbol of power in the Capitol. No building can be taller than the Capitol Building. The Capitol is the symbol of American democracy and power. Ours is a strange theory, in fact, there is no law about these things. I would like this myth to be busted!! We found this myth, grew up with it and continue to believe, but it's time to bust or prove it. Bring it on so we can see it...
DC also has a height restriction (buildings cannot be taller than th Washington monument) I guess because of security reasons....but why would Westlands have height restrictions....its not that close to State House.
There's a law and its called the height of buildings act of 1910, its been the subject of numerous debates on DC local news for as long as I can remember....but yes its still law.....less than 5 buildings are taller than the Washington monument and the Capitol but they were all given waivers.

As for why there's a restriction there's different versions/myths from security to heritage to views etc.

http://en.wikipedia.org/wiki/Height_of_Buildings_Act_of_1910
DC's height restriction has nothing to do with security, it is about symbol of power in the Capitol. No building can be taller than the Capitol Building. The Capitol is the symbol of American democracy and power. Ours is a strange theory, in fact, there is no law about these things. I would like this myth to be busted!! We found this myth, grew up with it and continue to believe, but it's time to bust or prove it. Bring it on so we can see it...
I hope so its a good blue because some have an eyesore blue!but i would like to be very glassy.
I'm going out here on a limb but i think this building renders will be a blue glassed skyscraper not like I&m.
The project managers for this project are Acorn Group Africa and the Architects are GAPP from South Africa. The design team is simlar to the one that is handling Britam tower in Upperhill.
Does anyone know the excact location of the site along waiyaki way!cause yesterday i was on waiyaki way and i noticed a big parcel of land with let say like three tractors and machines digging really loud!it is situated near the Malawi chancery!i hope it will be that site because just like 100 meters away it is the ongoing construction of lemac tower so when both are done it will form a good cluster of buildings
Brian you said you passed by the Lemac site.How is it going?
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