Superior Homes MD Ian Henderson.[Photo/nation]
Real Estate firm Superior Homes Kenya plans to construct 3,000 housing units in Athi River, Machakos County, in a project that will cost Sh30 billion.
The firm announced the plans Tuesday, a day after the Court of Appeal upheld a High Court ruling allowing it to proceed with the purchase of a Sh750 million contested prime parcel of land in Athi River owned by East African Portland Cement Company (EAPCC)
The Court of Appeal ruled Monday in favour of Superior Homes ordering EAPCC to sell the land to the developer.
The firm said the gated community development that will target the middle class will be situated on the 337 acres of land that the family-owned real estate company based in Nairobi is set to acquire from EAPCC.
It will be adjacent to its open-plan Greenpark Estate at Stoney Athi, which currently has more than 450 houses complete, school, green zones, sports and recreational facility as well as a shopping complex.
“We have almost exhausted development on the 163 acres at Greenpark Estate and the new land will allow us to expand our vision of providing a truly world class master-planned and sustainable development,” said Superior Homes managing director Ian Henderson on Tuesday in a statement.