City Hall seeks partners to build 14, 000 housing units
The Nairobi County Government is inviting potential developers to tender for the construction of 14,000 residential houses.
The county’s old houses will be demolished to pave the way for the Sh40 billion project.
This will be the first phase of the urban renewal programme City Hall has come up with to replace all the old houses built by the defunct Nairobi City Council.
Some of the houses are dilapidated, having been built during the colonial period.
The 14,000 units will be built in Old Ngara, Pangani, Jevanjee Bachelors, Uhuru, Suna and Ngong Road estates.
According to an advertisement calling for an expression of interest in the project, City Hall will only provide land. The advert appears on the county’s website.
The devolved unit is seeking development partners from the banking, pension fund and real estate sectors to put up the houses.
“The county will provide land, which is a scarce and valuable resource, while the private partners will provide finance,” Governor Evans Kidero said in a recent advert published in dailies announcing the commencement of the project.
He promised that once complete, city residents would be given an opportunity to buy the houses at affordable prices.
In the advert on the website, interested parties had been asked to make their pre-qualification applications and submit them by Friday last week.