By Vera Shawiza
Superior Homes Kenya PLC, the developers of iconic Greenpark estate, is
set to build a retail frontage commercial centre to be built at a cost
of Ksh 350 million. The developer will break ground for the 3,500
square meters- commercial centre in the second quarter of 2021 and will
be completed in 2022.
The commercial centre, to be situated at the front of the Greenpark
Estate, will provide a shopping outlet for the growing number of
residents of Greenpark estate now nearing 700 families.
It will also give a one-stop shopping opportunity for the travellers
along the busy Nairobi – Mombasa Highway, which is currently under
expansion. The on-going construction of the Nairobi Expressway, which
is targeted to rid Mombasa Road of the notorious traffic snarl-ups, is
also expected to attract more residents to the Mlolongo, Kitengela and
Athi River areas.
“Our concept to launch the retail frontage is attributed to the
relatively high occupancy for residents and motorists along the
Nairobi-Mombasa highway with high consumer purchasing power,” said
Superior Homes Chief Executive Shiv Arora.
He added that the Expressway will be a game changer, as the anticipated
traffic-free infrastructure will play a major role in providing ease of
accessibility of the retail centre to both the residents of Greenpark
and the general public.
“The commercial centre, a first concept in Mavoko County, will
comprise of convenience stores, small outlets, dry cleaners, offices,
banks and supermarkets and everything that the community needs to be
The project is part of the year’s re-evaluated business model approach
for the real estate developer as it bounces back to recovery following
the impact of COVID- 19 that affected the real estate sector last year.
Research has shown that most developers have resolved to concentrate on
the delivery of well-located small and medium-sized convenience
shopping centres instead of the popular mega-malls. Nairobi has the
greatest volume of modern retail floor space in the sub-Saharan and
continues to be a development hotspot.
Superior Homes Kenya PLC is a real estate developer who prides at being
the pioneer of the open-plan gated community concept in East Africa.
Currently, the company has constructed four developments namely, Green
Park, Fadhili elderly homes, Pazuri holiday homes in Vipingo and Lake
Elementaita Mountain Lodge. www.superiorhomes.co.ke