The initiative will bring into the market thousands of new homes for as little as Sh500,000.
The government has set aside 7,500 acres for construction of low cost houses.
Nairobi is experiencing a chronic shortage of high quality offices amidst fast rising demand.
Looop will execute the plan, while the county government will provide the land.
Analysts expect real estate investment in Kenya to pick up in the coming months.
Construction of the cable cars system is expected to begin in December.
The 77 kilometre road will be upgraded from gravel to bitumen standard.
Milost will spend Sh15 billion to buy a stake in Kings Property Pride.
The much-awaited 2km-viaduct still remains a project without a launch date.
The Chinese are using the hanging basket technique to tackle challenges.