By KBC Reporter
Nairobi’s Eastlands area is the latest beneficiary of the growing retail sector after the newest mall, K-Mall, opened its doors to the public last week.
Currently, a number of service providers have already set up shop while others will be settling in between now and October, when the mall is expected to be fully operational.
K-Mall will house over 30 brands with Tuskys Supermarket as the anchor tenant. It sits on a five acre parcel of land located in Komarock Estate next to the new Komarock Phase 5A and Phase 5B estates.
The development features 100,000 square feet of affordable retail space on two levels, targeting a mix of retailers. It is expected to address need for formal retail in the area, where despite demand, formal retailers and shopping malls are few and far between.
Owned and developed by HFDI, the Development and Investment subsidiary of HF Group, K-Mall is expected to create up to 300 new jobs and is a key element of the mushrooming Eastlands’ economy. Other signed up tenants include HFC – the banking subsidiary of HF Group – and Aga Khan University Hospital.
Located off Kangundo Road, the mall is accessible to the over 8,000 Komarock residents and a convenient drive-in for Eastlands residents.
‘’The locality is a big plus because it has responded to a specific need that has been real to the residents of Komarock and its environs. The need for a formal retail centre that matches the lifestyle of residents. Therefore the businesses that will operate out of K-Mall are already assured of a ready market,’’ said HFDI Executive Director James Karanja.
Security features at the mall include concrete boundary walls, gates manned by private security as well as CCTV surveillance and electric fencing.