Africa Integras has concluded funding talks with financiers – paving way for the launch of the project.
This follows the completion of phase one of the project – Two Rivers Mall – the largest mall in East Africa.
Light gauge steel structures save developers up to 20 per cent of the construction cost.
Kenya lacks uniform green building standards and guidelines which should be adhered to by developers.
High rise apartments have proved to be the most efficient way to maximise land use.
New deal is expected to kick-start the project that has delayed for three years.
A feasibility study failed to support the viability of a shopping mall and apartments at the site.
Le’mac is currently the tallest residential building in Kenya.
Developers are now shifting their focus to the low cost housing market segment.
The project will involve construction of 560 apartments on 14 blocks at Clay Works.