Residential Projects
Nairobi Property Firm to Build Sh3.5 Billion Estate in Ruiru
Lifestyle Heights sits on a 50-acres and comprises some 450 three-bedroom apartments.
Nairobi-based real estate developer Lifestyle Estates has unveiled plans to build a Sh3.5 billion estate in Tatu City, a proposed “city” in Ruiru, Kiambu County.
The high-end gated community, which is to be known as Lifestyle Heights, sits on a 50-acre parcel of land and comprises some 450 three-bedroom apartments that will be sold to homebuyers at a yet-to-be-disclosed price.
Lifestyle Estates chief executive Peter Karoki said on Thursday that phase one of the project, which will host about 2,250 residents, will be completed by December next year. The segment will sit on 30 acres of land and will be undertaken by Canton Building & Construction Company.
“Tatu City offers Lifestyle Heights the full complement of infrastructure to provide our prospective residents with a controlled and gated community within a wider organised development,” Mr Karoki said during the ground-breaking ceremony on Thursday.
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Lifestyle Estates has previously completed two residential projects in Nairobi: Lifestyle Signature – comprising several five-bedroom villas in Lavington; Lifestyle Gardens boasting 70 four-bedroom units off Mombasa Road; and Lifestyle Terraces comprising 280 two three-bedroom units near the Jomo Kenyatta International Airport off Mombasa Road.
Lifestyle Heights’ ground-breaking came barely two days after Tatu City majority shareholder Rendeavour Group unveiled plans for a Sh35 billion estate within the 5000-acre development in Ruiru.
Dubbed Tatu Waters, the development comprises 402 two-bedroom, 1,294 three-bedroom and 1,019 four-bedroom units that will be fashioned as either townhouses or apartments.
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