The family of late Kenyan billionaire poultry farmer Nelson Muguku has opened the upmarket Sh3 billion (USD 30 million) Karen Waterfront shopping complex with South Africa’s retail giant, Game, as the anchor tenant.
David Muguku, son of the late Muguku, told a Kenyan daily that the 200,000 square feet property occupying 13 acres of land will host the publicly listed SA retailer on the ground floor as well as chemists, fashion stores, a tyre centre, a grocery store, an art gallery with several spaces reserved for commercial banks and wellness centres.
Retail shops, restaurants, a book store and salons will sit on the upper floor with the next two phases on part of the 50 acre land reserved for development of high-end residential apartments, offices and a hotel.
“We had 500 workers during construction and are happy that with 110 internationally branded stores and restaurants, more Kenyans have been employed to offer various services. We are still in talks with more international brands and will be making major announcements soon,” he said.
The live-work-shop project was built by Chinese contractor, CJRE East Africa, which is a subsidiary of the China Railway Group Company.
Located in the Karen Triangle (between Karen Road, Karen Lane and Lang’ata Road), it is one of Kenya’s largest real estate developments boasting of water features, walking/cycle paths as well as greenery and open spaces around the property.
“We have incorporated a wastewater treatment plant to help as conserve as well as utilise internally sourced water. Solar energy has also been tapped to ease our power bills as well as ensure we are a green building,” he said.
In line with its offering as a recreational space, several key events are lined up to take place at The Waterfront Karen.
The events include Jameson Connect Kenya Concert on 8th December, which will bring together local and international music stars; The Heng: Back to the 90s music experience to be hosted by June Gachui on 15th December 2018, and the Rembesha Kenya beauty expo hosted by renowned media personality, Sheila Mwanyigha also happening on 15th December 2018.
The Waterfront Karen has over 1,000 parking bays to use within both open and basement parking, accessible from either Lang’ata Road or Karen Road.
“Every measure has been taken to ensure that security checks at The Waterfront Karen’s entrances do not interfere with the smooth flow of traffic along the two roads, especially during the forthcoming festive season,” added Dr. Muguku.
A man-made lake that sits on a space of 3 acres complemented by 5 acres of landscaped lakefront is situated right at the heart of The Waterfront Karen.
Beyond enhancing the natural environment, the lake was also created to act as the mall’s main water storage and recycling area.
This way, the Waterfront Karen will considerably reduce its reliance on water supplies from public utility companies.
This not only makes sense ecologically but also makes huge financial sense, especially considering that as much as 75 percent of the water bills that consumers pay in Nairobi constitutes sewerage costs