M a r k e t N e w s

New multiuse project planned for Kiambu county

Posted on : Saturday , 6th January 2018

 Premier real estate developer Cytonn Investments is planning to construct a US $125m residential-cum-commercial development project in Kiambu County, Kenya. The project will accommodate 6,500 people and also comprise of a five star hotel.

 
The intent is to convert a 100-acre Kiambu coffee plantation into the mega project and it will be made possible through a special purpose joint venture with local as well as foreign investors.
The five-star waterfront hotel is expected to comprise of 34 luxury rooms, 36 cottages and four water cottages on a 1.97 acre piece of land reserved for the hotel development next to an eight-acre dam. Also, 105 maisonettes, four meeting rooms, a lake pub, two restaurants and two pubs will be constructed as a part of the hotel complex.
 
Cytonn has announced that a section has been reserved for a school, a commercial centre housing a mini-mart, retail shops as well as food and beverage outlets. An amusement park and recreational facilities will also be present; this is according to details disclosed to National Environment Management Authority (Nema).
 
Nema has given the public 30 days to submit views on the planned project.
 
The property sits between two other mega mixed-use projects — Migaa by Suraya Properties and Tatu City by Rendezvous Group.
 
Cytonn currently has a number of mixed-use development projects ongoing. These among others include the recently commissioned 35-floor triplex Cytonn Towers valued at US$ 193m. It is set to house 160 serviced apartments, offices on its 30 floors, three-bedroom duplex apartments and penthouse suites as well as a hotel boasting of 180 hotel rooms.

Source : Bizeconomy
Featured Companies
  • dubaiexporters.com

Complete List  

Advertisers in previous issue:

  • BUILDesign magazine is the voice of architecture in Kenya. We sit at the heart of the debate about Kenyan architecture and form opinions across the whole construction industry on design related matters.
  • Roadside Products Pty Ltd is the manufacturer and distributor of Dura-Post Guide and Marker Post Systems.
  • The company was founded by Luther O. Draper in 1902 to manufacture window shades for schools, and that was Draper
  • Stone,granite,Marble - International Stone Web
  • At Tridonic our daily quest is to create perfect light. 2,000 experts worldwide are working tirelessly to control, regulate and operate lighting in exactly the way you want it
  • Weiler is one of the leading suppliers of machinery and complete production facilities for the manufacture of concrete precast worldwide.
  • Products includes digital rim lock, architectural ironmongery, digital keyless, fire doors and wireless technology for online and offline door control
  • Apex Steel is amongst Kenya
  • SINTER SUD has been manufacturing premium quality hard metal items, through modern technologies and innovative production processes.
  • Ceramic World Web is the first and only electronic magazine devoted to the entire ceramic industry production chain, from manufacturing through to distribution of floor and wall coverings and bathroom furnishing.
  • Exporter of Alloys & tool steel
  • Tata Africa Holdings has a strong presence in over 11 African countries with investments exceeding US$145 million.
  • Information hub for global wood industry.
  • SFA Group
  • Our products are widely used in industries of metallurgy, nonferrous metals, machinery, construction materials, petrochemicals, pharmacy, fertilizer and chemistry.
  • Westlink Electrical & Hardware Ltd. offers a complete line of Electrical Fittings, Switchgear, Power Tools, Lawnmowers, Electric Motors, Geared Motors, Generators Cables, Hardware Items. etc.
  • Manufacture various products ranging from open plan partition, office furniture, executive desk, office chair to multi purpose chair series.
  • Global Village Publishers East Africa Limited (GVP) is a locally incorporated communications company with the enviable reputation of a stickler for quality, innovation and creativity
  • Eco-Steel Africa is committed to providing a turn-key solution with Design & Build Systems that are irrovative, cost-effective, fast ane echo-friendly.
  • India
  • Adhesives and Sealants for the Automotive, Electronics and Consumer Industries
  • Saudi Marble & Granite Factory Co. Ltd. (SMG), a pioneer in Saudi Arabia’s mining and construction industries.
  • Manufacturers of the Glory brand of paints
  • The 71 projects of the wood-furniture sector company operating in the market for interior doors
  • PIC8 Forniture Industriali
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2018 Afrotrade