The facility comprises 600 villas, an 18 hole-golf course, a 5-star hotel, and an airstrip.
Machakos has been grappling with lack of high quality hotel accommodation.
The estate comprises 30 Swedish style villas set on 8.5 acres of land overlooking Lake Victoria.
The project will involve upgrading Outering Road from a single lane to a dual carriageway.
The houses are selling off-plan for between Sh9.25m and Sh10.5m.
The plant will produce prefab panels for commercial, industrial, and high-rise projects.
This technology also reduces period of home building from 12 months to six months.
The project is financed from the university's internal funds and donations.
The plant will have a 40MW installed capacity.
The project has 178 three-bedroom houses and 171 four-bedroom units.