Ground breaking for the Sh2.1 billion office complex was held in December 2010 and the building was scheduled to be ready for occupation in January 2013, meaning the project is 17 months behind schedule.
The office block, which is funded by the Kenya Commercial Bank (KCB) Group Pensions Fund, adopts green architecture, following the global trend where developers use modern construction materials to cut power costs and conserve water.
The structure has been fitted with modern technologies to manage consumption of water and energy, in addition to harvesting rain water.
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When complete, KCB Plaza will have 21 storeys consisting of 15,960 square metres of rentable office space and parking for about 450 vehicles.
The building will have as its main tenant, Kenya Commercial Bank, which will relocate its headquarters from Kencom House in the central business district.
China Wu Yi Company Limited is the project’s main contractor.
The Upper Hill area has become popular with multinationals and financial services firms seeking to expand their operations away from the congested city centre.