The concept is gaining popularity in Mombasa and Malindi.
The masterplan proposes the creation of more than a dozen commercial centres.
The homes, costing Sh1m for a two-bedroom unit, will be built on 1,000 acres in Athi River.
The one bedroom apartments will be sold for as low as Sh2 million.
The Sh4.5 billion project will be completed in the next two years.
Nairobi has enjoyed a construction boom over the past five years.
Analysts expect a slowdown in the number of new construction projects in the city.
The project is being developed in two phases at a cost of Sh1.07 billion.
The museum will be complemented by a rooftop garden with a viewing deck.
Over the last four years land cost in parts of Nairobi has shot up by a thousand per cent.