Real estate firm Optiven Group will construct 400 luxury housing units on a 100 acre parcel of land in Kiambu at a cost of Sh8 billion.
Group CEO George Wachiuri said the development will incorporate a mini-mall, a police post, a tenants’ only clubhouse sitting on a 1.5 acre parcel of land.
It will have a running track and a sportsground adjacent to a community centre also sitting on a one acre parcel of land for in-house and outdoor events.
The project, dubbed Amani Ridge, will establish a 1.5 acre recreational area (Central Park), 2 water-gardens as well as 7 garden courts where greening will take place.
The project will be topped off by a private school that is expected to offer early childhood development and primary education.
Mr Wachiuri said individual plots will retail at between Sh2.995 million to Sh10.695 million with individual buyers then tasked with choosing pre-selected housing designs that have since been approved by the Kiambu County Government.
“This is a controlled development property that offers customers a wide range of options to choose from 4 bedroom to three bedroom maisonette designs,” he said.
The property, initially owned by Fusion Capital Limited (FCL), has since changed hands for an undisclosed amount of money.
Mr Wachiuri said tenants within the property will also benefit from proximity to Tatu City which hosts industries, Grade A warehouses, an international school, offices and two newly opened Nova Pioneer junior and senior schools.
Optiven Group has also developed other projects among them Victory Gardens Phase 1, 2 and 3, Shalom Gardens Phase 1 and 2 and Eden Gardens among others.
Kiambu Governor Ferdinand Waititu welcomed the development saying it would create jobs for skilled and unskilled workers.