The Sh62.5 billion iconic Global Trade Centre (GTC) Nairobi, undoubtedly the region’s most-anticipated premier lifestyle and business destination, is set to be unveiled in phases in 2023.
GTC, which was built at a cost of about Sh62.5 billion, on Tuesday announced that it had reached a development milestone with its Executive Residences now ready to be occupied.
Both its Office Tower and Retail zones are also being leased and will be officially operational in Quarter 2 of 2023.
The 300,000 square meter GTC real estate development offers highly curated hospitality, retail, luxury hotel and community spaces to enhance Kenya’s position on the global stage.
The new mega development project in Nairobi magnifies the urban concept of Hotel, Office, Parking, Shopping mall, Convention and Apartment (HOPSCA) Design.
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The epitome of its design is the 3A plus Office Tower, the tallest occupiable space in East Africa setting standards in workplace design with its column free floorplates and an optimal internal planning grid.
The structural pillars are positioned away from the central floor area in this design unlike most commercial spaces allowing efficient workplace design and a variety of office layouts.
The GTC Office Tower is tailored for Fortune 500 companies, African super brands and innovators.
The building also adopts cutting-edge technology and environmentally sustainable features like Low-E Glass for improved natural lighting ensuring heat control and blocking harmful UV rays.
It boasts of a hi-tech air ventilation system increasing fresh air flow by 30 per cent and a double column breathable curtain wall allowing for natural airflow lowering the need for air conditioning hence lowering energy use.
The Executive Residences has 514 luxury apartments across 4 towers with select residences to be serviced apartments, which are set to be opened soon, run by Pan Pacific Hotel Group.
The GTC brand is well-known across the globe as a hospitality company operating hotels, resorts and serviced suites and this will be their first footprint in the African continent.
The remaining residences will be run as white label at the owner’s discretion with more than 60 per cent of apartments already sold amid a growing appetite in the residential towers.
The GTC real estate development has especially attracted purchasing interest from a number of international companies, investors and Kenyans living in the Diaspora.
The residences come with amenities like wellness and fitness, roof top garden with an outdoor jogging track, outdoor pool, children’s playground, mini cinema, and an onsite wine & cigar bar.
A total of 11,529 square meters of highly curated retail including exceptional food and dining, upscale gym, banking and service, and fashion will feature in the development.
Asian lifestyle retailer Miniso, which will house its largest regional brand outlet here, is already signed on with all shops eyeing commercial, residential, hotel and general clientele.
GTC says the tenancy leasing has surpassed 65 per cent with the five-star luxury hotel JW Marriott, which will be launched at the end of 2023, scheduled to crown the development.
The JW Marriott hotel will feature 315 guest rooms, 50 serviced apartments and 760 square meters of conferencing facilities as the brand’s first venture into the Kenyan market.
“The Global Trade Centre community stands as the new destination for Nairobi. We are proud to become the hallmark of commerce for what is such a strategic core market on the continent. What we offer is a blueprint for conscious, modern living within an urban setting. Ours will be the home to headquarters of some of the world’s leading companies,” said GTC Nairobi General Manager Gong Yuxian.
He added, “As a leading investment and development company we are fully committed to long-term, responsible investment in the Kenyan market. This is what GTC stands for. It is a testament to our commitment, that despite the challenges of the pandemic and global economic downturn we have delivered an exceptional and iconic community unparalleled on the continent.”
He intimated that the lushness of amenities, best-in-class technology, wellness features and hotel-standard property management will boost the Kenyan real estate market standards.
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