This archive report was first published on 27 August 2019.
Published on August 27, 2019, a Sh. 11.5 billion industrial park is set to be completed in March 2024 at the Kenyatta family's Northlands City in Ruiru, Kenya. The Nairobi Gate Park, developed by Improvon, an industrial property developer, will be located just 8km from Thika Road and 15km from Jomo Kenyatta International Airport.
According to a report, some South African companies have already established themselves in Kenya and can be tenants for the development. Kenyan businesses understand English, they are dollar-based, and the market is not too competitive, making it an attractive location for businesses.
The park will be on land acquired by ImpAct, which is providing all the infrastructure around Nairobi Gate. Phase 1 of the project is approximately 100 acres, and once complete, Nairobi Gate will add 204,386sqm total rentable area to the undersupplied industrial property market.
The Nairobi Gate industrial park will be ultra-modern, combining tenants' demand for state-of-the-art logistics space with corporate offices. It will front the Eastern Bypass with access from Thika Road, putting the site within 25 minutes of the high-end residential areas of Runda, Muthaiga, and Westlands.
