The National Social Security Fund (NSSF) has incorporated residential apartments into its proposed KES 30 billion mixed-use development in Nairobi’s Central Business District (CBD).
According to Managing Trustee David Koros, the Fund hopes the project will help stimulate interest in living and working in the city centre, a model common in many developed countries. The move comes at a time when many businesses and organisations are relocating from the CBD to quieter suburbs such as Riverside, Karen, Westlands and Upper Hill.
Beyond the search for a more tranquil environment, the shift from the CBD has been driven by concerns over traffic congestion and occasional disruptions arising from events such as mass protests.
NSSF’s large-scale mixed-use development will also include conference facilities, retail space and a hotel. The project will feature twin towers rising 35 and 60 storeys, potentially making it the tallest building in the country.
The complex will be built on the Fund’s 3.85-acre parcel at the junction of Kenyatta Avenue and Uhuru Highway.
