88_Nairobi_Condominium_Tower

88 Nairobi Condominium Tower

88 Nairobi Condominium Tower

44-storey luxury residential skyscraper under construction in the Upper Hill of Nairobi


88 Nairobi Condominium is a 44-storey residential skyscraper [1][2][3] under construction in the Upper Hill neighbourhood of Nairobi, the capital and largest city of Kenya. When completed it is expected to become the tallest residential structure [4][5] in Sub Saharan Africa.

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Location

The building would be located on a 1 acre (4,000 m2) plot of land, along Fourth Ngong Avenue, in the Upper Hill neighbourhood of Nairobi, approximately 3.5 kilometres (2 mi), south-west of the city's central business district.

Overview

The 88 Nairobi Condominium is owned by Lordship Africa, a real estate investment and development firm, based in Nairobi. The firm, is a subsidiary of the Lordship Group, a real estate conglomerate, headquartered in Central Europe.

The development is expected to provide over 15,000 square feet (1,394 m2) of rentable residential space and approximately 18,000 square feet (1,672 m2) of garden space.

Amenities

Other amenities include a convenience store, a 150-seat branded restaurant, Spa and Gym, Meeting and Business centre, Three resident Bars, Lavish Communal Lounge, a heated indoor swimming pool on the 31st floor, and parking space for 518 vehicles. There will be a total of 288 luxury condominiums in the development.[6]

There are four apartment plans in the building: (a) the one-bedroom executive plan (b) the two-bedroom executive-plus plan (c) Duplex, and (d) the penthouse plans, of three and four bedrooms, available on the 40th floor and above. All units will be fully furnished.

Target clientele

The target clientele is the estimated 40,000 executives and corporate employees working in the Upper Hill neighbourhood, which lacked executive residential apartments, as of February 2018.

The development would cut down on commute times and reduce the use of motorized transportation, as some executives might choose to walk to and from work.

Construction & Funding

The construction budget is set at KSh5 billion (approx. US$50 million), raised through, debt, equity, and unit sales.

Construction kicked off in 2018,[7][8][9] with completion approximated for 2023. The completion was then postponed to the first quarter of 2025. This was attributed to manifold construction and material stocking issues.

See also


References

[1]

  1. "Floor Plans – 88 Nairobi".

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