Two Rivers

Centum’s Two Rivers mall is set to start operations next month after it has been postponed twice due to an expansion of the original retail space.

Initially, the mall was scheduled to open last October but the date was later pushed to March 2016 and now September.

The shopping complex was supposed to be spread on a total of 1.2 million square feet of land but with more land space added to it, it now covers 1.7 million square feet.

The expansion offers more lettable space, increasing it from the original 460,000 square feet to over 700,000 square feet.

The director of Centum capital, Fred Murimi, told Business daily that the postponement is to enable them finish up the near 50 percent increase in the entire scope of the mall to meet the demands of more retailers.

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Centum Capital is in charge of development and execution of investment opportunities for the firm, with the multibillion-shilling Two Rivers being the flagship project.

The shopping mall located along Limuru Road, very close to affluent neighbourhoods of Runda, Nyari, Gigiri and Muthaiga in Nairobi, sits on an 11 acre part of the 102-acre property.

The director said the tenants have started fitting out and stocking their shops and the management is monitoring their progress and will be able to officially communicate the opening date shortly.

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However, Deacons, one of the clients at the mall, revealed that the delay in completing the project has rocked its expansion plans.

“The exciting new developments at Two Rivers and Kigali Heights in Rwanda are significantly delayed. As a result, the group has rescheduled the openings to quarter four 2016,” Deacons said in a statement.

The firm plans to have Mr Price Apparel, Mr Price Home, Bossini and Adidas stores at the shopping complex.

Other brands that will bring their services to the three-floored mall include Porsche, Essentials and Foschini as well as nearly a dozen banks including Sidian Bank, Prime Bank and Standard Chartered.

The mall is expected to boost around 207 shops. Construction of the mall will cost about Sh15.5 billion, the apartments Sh3.8 billion while infrastructure will cost Sh5.8 billion, according to Centum.