SUPERIOR HOMES TO BUILD 350M COMMERCIAL CENTER IN ATHI RIVER

SUPERIOR HOMES TO BUILD KSHS. 350MILLION COMMERCIAL CENTER IN ATHI RIVER

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

sufficient.”

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

About The Outhor

Leave a Commment