Multinational developer Lordship Africa has received approval to proceed with the 88-Nairobi condominium project, a 44-storey residential tower expected to be the tallest residential skyscraper in East and Central Africa.
The developer has been waiting for approval since February 2018 when the project was unveiled to the public due to technical difficulties surrounding building approvals by city planning authorities.
The bottlenecks have since been resolved and the approving committees has begun work on approvals according to Nairobi County Lands and Urban Planning Executive Charles Kerich through a recent notice.
“It has been a challenging time for construction companies meeting the Nairobi County Government’s technical planning committee to seek approvals for multibillion-shilling projects,” said Jonathan Jackson.
Jonathan Jackson is the Czech-based Kenyan and chairman of the Lordship Africa development firm which is the project’s sponsor. The residential tower is estimated to cost Ksh. 5.2 billion and construction will be undertaken by Chinese firm, ZJCC Engineering and construction Company.
The property is located in Nairobi’s upscale Upper Hill District, will feature high-end, dedicated residential condominiums designed to five-star hotel standards, and aligned with UN Security Standards and European Union safety requirements.
The approval comes two months after the billionaire investor complained of the delays stemming from City Hall’s inefficiencies. In December, Jackson said the delays had derailed plans to fast-track completion of Africa’s highest residential property.
On completion, the project will add 228 units of premium residential supply to the local market.
Read; Construction industry outlook dim following a freeze in approvals
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