The mall will be Stanlib's first direct venture into the real estate market.
Kenya ranked highest among East African countries followed by Ethiopia and Tanzania.
The World Bank has already confirmed the release of the funds for this project.
The 1,776 feet height commemorates the signing of the Declaration of Independence.
House prices in Nairobi are defying a weak global economy and high lending rates.
Proposed estate is targeting middle to upper income earners working at Konza City.
The deal will help Crown Berger diversify its product offerings.
The proposed facility will boost Mombasa's status as a business tourist destination.
Low cost panels and building blocks will boost affordable housing in Kenya.