Aspire Africa | Issue 2.

Page 35

Two Rivers Development is essentially a new city under construction, and is all set to become a financial hub for Kenya.

Construction

Kenyan Benefits Two Rivers Development is essentially a new city under construction, and is all set to become a financial hub for Kenya, as well as providing a business, entertainment and residential location of choice. The development is driven by the market and will integrate retail, entertainment and lifestyle facilities, modern office parks, residential apartments, hotels, civic, recreational, healthcare and public amenities. These facilities will be supported by a high quality, centrally managed infrastructure, with roughly 30% allocated to the preservation of green areas. The Two Rivers Development will be constructed in phases and when complete will have an estimated build up area of 851,000m2.

Two Rivers will demonstrate how impressive mixed-use developments can be when land and infrastructure are put to efficient use. Kenya, especially Nairobi, has huge potential for such developments, owing to its strategic location as the primary commercial and transport hub for Africa. As a result many multinationals are setting up their bases in the city, which is currently experiencing rapid urbanisation, with more than 250,000 people estimated to be moving into the city every year. This urbanisation and population growth presents a challenge, especially due to limited resources and lack of infrastructure to support the swelling population, meaning particularly keen developers have begun to recognise an opportunity.

Aspire Africa · Nov/Dec 2015 35


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