A developer has abandoned plans to
construct an 11-floor Parklands hotel in favour of a 13-storey
residential project as demand for accommodation near Nairobi central
business district rises.
Ultraline Ltd in an
application to vary an earlier approved hotel plan said its feasibility
study showed residential development on the 1.81 acres yields higher
returns thus the change of heart.
The firm said its
13-floor development hosting 249 housing units would help reduce the
national housing deficit that currently stands at 200,000 units a year.
“The
motivation for the establishment of the project is the existing high
demand for affordable apartments and flats on Donyo Sabuk Lane,
Parklands area in Nairobi.
The new applications vary from the earlier approved plan for the 11-floor hotel,” it said.
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The
new property will have six basement floors that will accommodate 789
vehicles as well as 12 housing units on the fourth, third, second and
uppermost basement floors.
The plan indicates that the
ground floor will host a tenants-only swimming pool, an indoor
basketball court, indoor games area, a gym with a sauna room as well as a
children’s playing ground next to six residential units. The ground
floor, due to its high traffic and activities, will also host a coffee
shop and a residential caretaker office next to a children’s daycare
centre.
The application prepared by an environmental
impact assessment firm to the National Environment Management Authority
supported approval of the new project saying it will unlock capital,
generate jobs, revenue.
The first to eleventh floors
will accommodate typical three-bedroom apartments each with 18 detached
servant quarters on each floor, as the 12th floor hosts 17 three-bedroom
units.
The top floor will have 16 three-bedroom units with 18 detached servant quarters.
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