Investment firm Cytonn has announced plans to build a triplex complex in Kilimani area.
The tallest building in the complex will have 35 floors.
It will be located at the junction of Elgeyo Marakwet and Argwings Kodhek Roads and will sit on a four acre piece of land.
The investment firm has estimated that the project will cost Sh. 20 billion. This will include Sh. 1.5 billion which will be the price of the land.
The complex will have 30 floors of 174,139 square feet office and commercial space for rental, 180 hotel rooms, 160 serviced apartments, three bedroom duplex apartments and penthouse suites, three basement parking floors with a capacity for 1,500 vehicles.
The tower has been claimed that it will host Kenya’s highest suspended restaurant, Nairobi’s largest ball room, and a double horizon fitness club. It will also have the largest elevated infinity edge pool, an apex sky lounge and an observatory deck.
According to Cytonn, construction works will kick off in November next year and concluded in December 2022. The project will be funded by international investors’ funds, with Taaleri Plc, a private equity fund from Finland being the main investor.