Page 17 - BEA December 2019 - January 2020

Briefing
KPA Pension

Scheme, Pinnacle KPA‘s new headquarters

Projects to construct will be Kenya’s tallest office

apartments complex

enya Ports Authority indicating the budget could be higher.
he project consists of
three high-rise blocks (KPA) will be constructing The state agency has also encouraged
Tmade of 3-bedroom Ka multi-storeyed headquar- firms with sophisticated expertise on
units. Each block 11 floors ters in Mombasa, which is expected modern technology and global best
high with six apartments on to be the largest office complex in practices like energy-saving and solar
each floor. Triad Architects will Kenya. to bid for the tender.
handle the design.
The building will provide a The organization will use the pre-
Under the deal, The Kenya
Ports Authority retirement fund total area of 75,000 square metres, qualification method of tendering for
will, in partnership with Pin- whereby 18,000 square metres will the project, where bidders are invited
nacle Projects, construct 198 res- be for parking spaces (1,000 vehi- to submit a technical proposal first.
idential apartments in Nairobi’s cles), 12,000 square metres reserved Upon review, the successful bidders
South C referred to as the Ban- for conference facilities and 15,000 are then invited for contract negotia-
dari Apartments Phase II.
square metres for commercial spaces. tions.
Construction began in 2018 The new development will also
and is expected to be completed generate some 21,000 square metres Bidders for the design, construction
by December 2020. The apart- of lettable office space while reserv- and supervision tender who have han-
ments are each going for KSh15 ing 9,000 square metres for KPA’s dled a similar project in the past five
million during the ongoing offer years’ worth above Sh7 billion earn
period. The developers have occupation. themselves the highest score with
announced that the open day for
the project will be on 20th and “The above coverage areas are for further points set to be added where
21st July 2019 starting at 8.00 guidance and the final areas will be a firm has handled five completed as-
am. determined during a brief develop- signments in the last 10 years.
ment stage to meet project viability
The KPA retirement fund has “Construction consortia with
ventured into real estate devel- and client objectives,” a data rea- varied expertise on modern technol-
opment to grow and safeguard leased from KPA added. ogy, environmental issues, especially
the workers’ contributions just
like most pension schemes in KPA will be requiring bidders energy saving, solar energy and water
Kenya. with a capacity to handle projects harvesting and recycling will earn
worth up to KSh. 7 billion or more, themselves more scores,” said KPA.

The Bandari Apartments

Building East Africa | December / January 2020 A
Promoting sustainable development 15