Abdiweli Hassan, the developer behind Nairobi’s Business Bay Square (BBS) Mall, is set to build a 60-acre mixed-use complex at the Tatu City Special Economic Zone (SEZ).
Valued at more than Sh65 billion, the project will combine residential units, retail spaces, offices, warehousing and logistics facilities, and a mosque. It will also border 30 acres of parkland and recreation areas.
The development, which includes a petrol station, will be completed over the next decade, with design work underway and construction expected to begin within a year.
Hassan, who delivered the 130,000-square-meter BBS Mall featuring over 1,000 shops, described the project as “the future of urban development.
“This investment represents the future of urban development, moving beyond congested city centers to create holistic, well-planned communities where people can live, work, and thrive,” said Hassan, Founder and Chairman of Business Bay Square.
Commenting on the development on its social media pages, Tatu City said: "Kenya’s new leading city continues to rise."
Rendeavour Founder and CEO Stephen Jennings, whose firm owns and develops Tatu City, praised the initiative, saying, “It takes visionaries like Abdiweli Hassan to deliver large-scale projects that raise living standards for thousands. We are thrilled he has chosen Tatu City for this record-setting investment.”
Tatu City describes itself as Africa’s largest urban land developer with over 30,000 acres of visionary projects in the growth trajectories of large cities in Kenya, Ghana, Nigeria, Zambia and the Democratic Republic of Congo.