Le’mac tower takes shape in Nairobi

Artist's impression of Le'Mac. Photo/Courtesy

Artist’s impression of Le’Mac. Photo/Courtesy

Dubai-styled Le’mac project, which is touted as Kenya’s tallest residential building, is quickly taking shape in the Westlands neighbourhood of Nairobi.

The 22-storey Le’mac skyscraper is located just off Waiyaki way, next to the new Toyota showroom in Westlands, and is due for completion by end of 2015.

The Sh3.5 billion apartment tower, which targets wealthy buyers and renters, offers office and retail space on the lower floors and one-bedroom and two-bedroom residential apartments in the sixteen upper floors.

At the roof, the double storey Le Mac Sky Club houses a gym, spa, steam and sauna rooms, lounges, swimming pool and a rooftop restaurant. The ground floor comprises the Le Mac café and a banking hall.

The contractor, Nipsan Construction Ltd., is expected to reach the 10th floor by the end of this month.

On completion, Le Mac is expected to be the tallest residential building in Nairobi – taller than the proposed Kasarani Hills that were anticipated to be the tallest residential apartments in the country.

Ravi Vasta, a director of Mark Properties – a Nairobi-based property development firm, was earlier quoted by local media as saying that Le’mac targets wealthy home buyers and tenants seeking accommodation in exclusive neighbourhoods.

“One bedroom apartments are selling at between Sh12.4 million and Sh13 million depending on the floor, where the higher you go the costlier it becomes,” he said.

The prices have since risen to between Sh13.3 million and Sh15.5 million.

A one-bedroom unit is projected to generate over Sh150,000 in rental income per month – double the rental income from a comparable furnished apartment in the area.

“We will keep about half of the 170 apartments while the remaining units will be available for sale,” said Vasta.

Le Mac’s interiors have been designed by architect Susan Watts of Image360 Degrees – a firm famed for its innovative designs.

The construction of high rise apartments is quickly gaining currency among Nairobi property developers as it offers the most efficient way of maximum land use in densely populated cities around the world.

By building multi-storey apartments, developers are able to distribute the land costs over the number of units in a building – thereby bringing down the cost per unit.

– Construction Business Review

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