The building located in Huruma in eastern Nairobi collapsed on Sunday.
Work was expected to begin by end of this month and tenders had already been floated.
Kenya is the top African investment destination for HNWIs.
Tata Value Homes planned to establish green townships near major cities countrywide.
Interest rates capping law is said to be a major impediment to home ownership.
Penthouses are highly sought after due to their privacy and panoramic views of the city.
Rising costs of roads rehabilitation is becoming a huge burden to the government.
The firm was picked from a group of eight companies that were in January invited to bid for the work.
Sinohydro Tianjin Engineering Limited will install the footbridges at a cost of Sh880 million.
Chinese engineers are racing to complete the the project by June next year.