Developers of Kenya’s Tilisi mega-city have announced the completion of the infrastructure of its Phase I Logistics Park. The developers also announced opening of Tilisi’s Phase II sales, with an initial 47-acre residential development sale.
Tilisi is a 400-acre mixed-use urban development, distinctly zoned into residential, commercial and logistics precincts. The development project is based 30 kilometers on the outskirts of Nairobi’s central business district. It is owned and managed by a consortium of long-standing and experienced Nairobi-based developers. The master-planned suburb has been inspired by the vision of achieving a managed development in Kenya with world-class infrastructure.
“We are delighted to announce the completion of infrastructure on the 85-acre Tilisi Logistics Park, which is now 65% sold with buyers commencing their warehouse building on the fully-serviced Tilisi plots within the next few months,” said Kavit Shah, joint CEO of Tilisi Developments Plc, the developer of the Tilisi mega-city.
Over half of the Tilisi Logistics Park has been bought by Africa Logistics Properties (ALP), which is developing its second logistics park in Nairobi, ALP West, at Tilisi.
Another five developers have also bought sites in the park, which has been built with wide access roads, drainage, water supplies and sewage services, electricity connections, and laid internet fiber, as well as security systems, a gate house and other amenities, at a cost of Sh830m.
The city’s Phase II will now unlock over 120 acres consisting of residential, commercial, educational, medical and educational land in the master-planned city with state-of-the-art infrastructure.
The phase has opened to an immediate sale to Chigwell Holdings Ltd, the developers of the Phenom Estate on Langata Road and Sidai Village in Athi River. The company has bought 47 acres in Tilisi that it will develop with middle-income homes, including townhouses and villas.
“Developing on serviced land with complete infrastructure in place will deliver substantial savings enabling us to continue to offer superior housing at competitive pricing,” said Palkesh Shah of Chigwell Developments Ltd.
“In addition, with the expansion of Waiyaki Way to a six-lane highway, we see Tilisi as a strategic location for our future developments,” Shah added.
This is supported by research by consultancy, Smart Growth America, which shows that mega cities save developers as much as 38% in upfront infrastructure costs.
As one of Kenya’s largest master planned mega-cities, Tilisi also offers the inbuilt guarantee of proximity to schools, medical, shopping and office developments.
“Phase II opens a much wider array of selling activity for the city,” said Ranee Nanji, Co-CEO of Tilisi Developments Plc.
“This next round of infrastructure is very exciting for us, and will involve infrastructure to our retail, educational, medical and recreational parcels. With two large anchor customers for the Logistics and Residential signed, we are looking for more quality developers to partner with for this next phase,” she continued.
“The opportunity to create sophisticated and structured cities that achieve lower costs for developers and deliver beautiful and multifaceted environments for residents is now moving us into the decade of the African mega-city,” Ranee added.
The 400-acre Tilisi City, which commenced construction in 2017, is one of five mega-cities in development on the outskirts of Kenya’s main cities and part of a rising class of real estate across Africa.
There are now more than ten master-planned cities underway across the continent, including Vision City in Rwanda, Jigna in Nigeria, Waterfall City in South Africa, Roma Park in Zambia, Nakigalala in Uganda, Appolonia in Ghana, Moka Smart City in Mauritius, King City in Ghana, and Uniciti Smart City in Mauritius among others.