Investors cash in on Waiyaki Way expansion

The BRT stations which will be part of the major upgrade of the road linking the Jomo Kenyatta International Airport (JKIA), Likoni Road and James Gichuru Road. PHOTO | COURTESY

What you need to know:

  • Safaricom, Deloitte, Barclays Bank, Sanlam and Communications Authority of Kenya are some of the major corporates that have established offices in the area.
  • This means an increase in demand of accommodation facilities for their staff.

The ongoing expansion of the 25km James Gichuru-Rironi Road stretch along Waiyaki Way into a superhighway is turning out to be a blessing to the city’s real estate sector.
In a bid to ease traffic to and from the Jomo Kenyatta International Airport and around Nairobi, and also decongest the city centre, the road is being converted into a major six-lane thoroughfare, complete with interchanges as well as service and bus lanes, among other features.
For the real estate sector, this means more profit as more investors, businesses and corporate meetings are bound to be directed to the area, calling for more developments in terms of both office blocks and residential apartments.

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