City Network Holdings has lined up Juja Mall along Kenya’s Thika Super Highway, a development that will join other top developments along the superhighway. The planned is now half its way through and is expected to be completed by Decemeber next year, when it opens its doors to public.
The Juja Mall will be based on Kiambu County and will sit on a 10-acre plot located along the highway. Lined up for construction will include a four-star hotel, an amusement park, a petrol station, bar and a restaurant.
The Juja Mall construction project started off in January this year, and will be funded through debt. The Funds for the project are solely a debt to be provided by a consortium of local banks, according to City Holdings marketing director Geoffrey Chege.
Chege has also previously indicated that the company was talking to two major retailers to determine who would be the anchor tenant once Juja Mall construction is complete. City Network Holdings is owned by local investors.
Kenya has experienced a growing number of mixed-use developments in major urban areas, including the planned Graden City along the Thika Super Highway, Konza and Tatu City, already under construction. Another company was also planning setting up a shopping mall – Rosslyn Riviera mall – in Runda Estate in Nairobi.