A developer has increased stakes in residential and tourism offerings in Kisumu with Sh539 million in floating beachfront apartments on the shores of Lake Victoria.
The iconic structure, to be built in the Usoma area, off Nkrumah Road in the Kogony sub-location, will have 119 self-contained units and a restaurant.
Upon completion, the proposed floating beachfront apartments will overlook the Sh3bn redeveloped port of Kisumu.
The project, carried out by Gad Works Projects Limited, will also include a floating pool in the lake and an aqua park.
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According to the Environmental and Social Impact Report (ESIA) submitted to the National Environment Management Agency (Nema), the applicant will work closely with the Kenya Fisheries Service and fishermen to prevent any impact on fishing activities and migration routes.
“The project will increase the aesthetic appeal of the area, increase revenue generation and job creation,” says part of the ESIA study, conducted by Diaspora Design and Ltd.
The investor is working with Kisumu Lakefront Development Corporation (KLDC), chaired by former Auditor-General Edward Ouko, which was formed to revitalize the blue economy.
“Besides providing housing, recreational facilities and enhanced economic growth, the project will provide a modern tourist resort area,” the report added.
The neighboring floating beach apartments facilities are the National Cereals and Produce Board, Kenya Marine and Fisheries Research Institute, Equators Bottlers and the Kenya Pipeline Corporation.
Currently, the site has no structures and is mainly covered with vegetation composed of grasses and some species of trees. The project aims to provide safe and modern living facilities.
This comes after Kisumu Governor Anyang’ Nyong’o signed a Sh1.4 billion MoU with the Kenya Urban Roads Authority (Kura) to build a 46-kilometer promenade along Lake Victoria to improve accessibility to improve the lake.
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According to Kura’s design, 14 kilometers of the main street will be fully serviced with connections that will transform the port city into a better place to live, work and play.
Prof Nyong’o said the promenade would include a walkway and bike lanes that will stretch from Camp David Osori (Paw Akuche) to Dunga Beach. Other upcoming projects include a marina in Dunga, while land is being sought for the construction of high-rise buildings and skyscrapers overlooking the lake.