Nearly 5000 housing units will be put up at Mowlem in Nairobi’s Eastlands area as the government pushes ahead with its Big 4 agenda.
A memorandum of understanding has already been signed between the government and the developer, Seascan Development Limited.
The project which will be the first-ever Transit-Oriented Development (TOD) Housing Programme in Kenya will cost Sh18 billion. It will be undertaken in three phases.
Phase One will include 1200 units, 2000 for phase two and the balance of 1700 units will be done in phase three, making a total of 4900 units. The development consists of studio units and 1,2 and 3-bedroom houses whose prices range from Ksh 1.8m to Ksh 5.4m.
The government is targeting to do groundbreaking of the project at the end of the first quarter of the year.
