The construction of the Cedar Mall, the largest mall in Nanyuki, Laikipia county, is ongoing.
The shopping mall which will become the largest mall in Mount Kenya region is set on a 18000 square meter along Rumuruti Road in the heart of the town.
The project will be undertaken in two phases, in the first phase that will occupy 12,000 square meters, a shopping center will be put up that will offer the highest quality retail space.
Cedar Mall Owners
The Cedar Mall project, which is being undertaken by Esteel Construction Limited, is estimated to cost Sh.1.3 billion and is co-owned by Kiloran Development Group which will contribute Sh480 million and Housing Finance which will contribute the rest. Kiloran which is a British investment group will also be tasked with the managing the Mall which will start operating in September 2016.
Facilities and services at Cedar Mall Nanyuki
The Cedar Mall design, layout and landscaping is well designed to international standards, and once complete it will offer ample car parking spaces, back up power generator and other facilities to enhance visitors’ experience. According Housing Finance, Cedar Mall will not only bring convenience to residents of Nanyuki but will also serve as a hub for people from the surrounding counties of Nyeri, Meru and Nyandarua. Once complete, the Mall will focus on giving its visitors a stylish, convenient, family friendly experience in an upcountry setting.
The mall will offer entertainment services, coffee and food courts and bar outlets which will mostly be located on the outside terrace space.
Chandarana Food Plus, which currently has eight outlets in Nairobi and one in Diani has already made arrangement to be the first tenant in the Mall, and the developers say more clients, both local and international are waiting for the mall completion to move in.
Tourism in Nanyuki
Nanyuki area, which is full of game and nature reserves, is a resort town that lies along the Equator in the centre of Kenya and has breathtaking landscapes with spectacular view of Mount Kenya. This has seen the town become very popular with local and international tourists which has seen rise in construction of hotels and resorts like Fairmont Mt. Kenya Safari among others. Nanyuki is also resident to a permanent training support unit by British Army Training Unit Kenya – (BATUK).
There has been a growing demand for retail space in Kenya driven by the growing middle class in the country and relatively unsaturated retail market. According to EuroMonitor, the positive economic growth that encourages investment, foreign interests from international brands for retail space, and further strong growth expected in the country have been key in contributing to major retail developments in the capital Nairobi and other major towns.