Two Rivers Development, a subsidiary of Centum Investments will oversee the development of a 2,000 residential development in the diplomatic zone of Gigiri and the neighbouring suburbs.
Two Rivers has hired Zambian national, Ms Inutu Zaloumis-Kalumba, to be its first mayor to drive the next phase of the project.
Inutu said the company has made available to third-party developer’s 1.3 million square metres priced at Sh20,000 per square metre.