Construction work has begun in earnest on a building in Nairobi which will become Africa’s tallest skyscraper, after Kenya’s President Uhuru Kenyatta laid the foundation stone of the development.
The skyscraper has been named ‘The Pinnacle’ and will be located in the capital city’s financial hub Upper Hill, only 16km from Jomo Kenyatta International Airport.
Standing at a height of 300 metres, The Pinnacle will easily exceed the continent’s current tallest skyscraper, the 223 metes tall Carlton Centre in Johannesburg.
The mixed-use development will incorporate residential apartments, a 5 Star Hilton Hotel, commercial and office space, a shopping mall and even its own helipad.
Towards the top of the skyscraper, a viewing platform will offer unparalleled views of the city, along with Mount Kilimanjaro and Mount Kenya.
The US$200 million project is backed by Dubai-based investors White Lotus Group and Hass Petroleum, and has already attracted a lot of interest according to Kunaal Samani, MD of Pam Golding Properties in Kenya, who have been appointed to market the residential apartments.
“The Pinnacle is attracting a great deal of interest from investors. Currently, even prior to the official launch, we already have serious buyers who intend acquiring more than one apartment in order to both live and let within the building,” he said.
The Pinnacle is expected to be completed during the second half of 2021.