Thursday, 12 September 2013

Kenyatta University breaks ground for its Sh3.5 billion city project



Kenyatta University broke ground for the Sh3.5 billion phase one of their Uni-City project last friday. The new ‘city’ is going to be constructed parallel to Thika Superhighway, at the University’s main campus.

KU chancellor Benson Wairegi presided over the ground breaking ceremony for phase one of the project. Among the facilities to be constructed in the Sh3.5 billion first phase are a hyper market, retail shops, food courts, auto care centre and petrol station, car park, banks/ATMs. Some of the confirmed tenants in the city are National Oil, Uchumi Supermarket and Galitos.

Phase two of the uni-city project entails construction of a mega conference centre, while phase three entails construction of an office block, apartments and a hotel.Here is the cost breakdown of the project.
Design and Structural works – Sh 400 million
 Supermarket – Sh 200 million
 Conference centre – Sh 500 milllion
 Hotel – Sh 500 million
 Office block – Sh 400 million
 Departmental stores – Sh 300 million
 Parking area – Sh 625 million
 Road infrastructure – Sh 585 million
 Total – Sh 3,510,000,000

-source

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