The 88 Nairobi Condominium a, unique 44-floor condo tower estimated at Sh5.2 billion is already under construction in Nairobi.
The building is coming up at the intersection of Bishop’s Road and 4th Ngong Avenue in Nairobi’s Upper Hill.
It sits on a two- acre plot.
According to Abdas publication, it will l be engineered by Mr Jackson, the founder of Lordship Africa.
Time estimated for the completion of this one-of-a-kind project is 36 months.
88 Nairobi Condominium will come with 12,000 sq. ft. of commercial space and an add-on of 16,000sq feet of gardens space.
The superstructure will encompass restaurants, convenience stores, 400 plus car parking space, a heated swimming pool and other luxuries.
“Kenya is becoming the hub of investment in the sub-Saharan Africa. Lordship Africa is responding to this trend and the resultant demand for quality residential units,” Jackson was quoted by Abdas publication.
The focus of 88 Nairobi Condominium are CEOs, Dignitaries, businesspeople and professionals in the field of medical, legal and financial sectors as mentioned by Kenyan billionaire Jonathan Jackson.
A condominium operates by a system of ownership, where owners have the full title to the individual apartment and an undivided interest in the shared parts of the property.
These structures are very common in European and the US.
According to Wikipedia, there are 18 buildings that stand taller than 80 meters (260 ft) and several under construction in Nairobi.
The tallest building in the city is the new 32-storey, 200 metres (660 ft) Britam Towers.
The second-tallest building in the city is the 33-storey, 163 metres (535 ft) UAP Tower.
The most recent skyscrapers to be constructed are Prism Tower, Le’Mac and FCB Mirhab Tower.
Nairobi’s history of towers began with the IPS Building (1967), the Hilton Nairobi (1969), the NSSF Building (1973), and the Kenyatta International Conference Centre in 1974. Buildings in the city remained relatively short until the late 1960s when the city experienced its first skyscraper boom. From 1960 to 1980, Nairobi witnessed a major expansion of skyscraper and high-rise construction. Many of the city’s office towers were completed during this period, such as the New Central Bank Tower. A near twenty-year lull in building construction came after this expansion, though Nairobi has experienced a smaller second building expansion beginning in the late 1990s and continuing into the present.
As of 2015, Nairobi had 50 completed high-rise buildings, with 6 more under construction, and another 6 proposed.
Other towns in the country are starting to experience a surge in the construction of skyscrapers. For instance, the recently completed Moi University Pension Scheme Complex (Daima Tower) in Eldoret completed in 2016 stands at 89 meters featuring among the tallest in Kenya. Construction of high-rise buildings is ongoing in other regions such as Mombasa.
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