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Business Bay Square Developer to Build Ksh 65 Billion Project at Tatu City

Nala B
3 Min Read

Business Bay Square (BBS) owner Abdiweli Hassan has announced plans for a massive Ksh 65 billion real estate project at Tatu City Special Economic Zone (SEZ).

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The 60-acre development will include homes, retail spaces, offices, logistics facilities, and a mosque, marking a major expansion beyond Nairobi’s city center.

According to Hassan, designs for the project are already underway, with construction expected to begin within a year.

The development will feature residential units alongside 30 acres of parks and recreation areas, a petrol station, and modern commercial and warehousing facilities in Tatu Industrial Park.

Hassan, who developed the iconic BBS Mall in Eastleigh — the largest shopping and entertainment complex in East and Central Africa — said Tatu City offers an opportunity to create well-planned communities free from congestion and long commutes.

“BBS Mall changed how people viewed Eastleigh. Now, development is moving beyond the city center, where there’s space to build holistic communities with schools, offices, shops, and recreation. Tatu City offers exactly that,” he said.


Visionary development for Kenya’s future

Tatu City has become a top destination for large-scale residential and commercial developers seeking modern infrastructure and sustainable planning. The city, developed by Rendeavour, currently attracts over 25,000 residents and workers daily and has secured more than Ksh 450 billion in total investments.

Stephen Jennings, Founder and CEO of Rendeavour, welcomed the partnership, calling Hassan’s project a major milestone for Kenya’s real estate growth.

“It takes visionaries like Abdiweli Hassan to execute large-scale projects that improve the lives of tens of thousands of people. We are delighted he selected Tatu City for this record-setting investment in Kenya’s future,” Jennings said.

Ongoing projects at Tatu City include Jabali Towers, Porini Point, Kijani Ridge, and Unity Homes’ housing developments, which have already delivered over 1,200 units.


Boost for Kenya’s real estate sector

Tatu City’s SEZ status offers investors generous incentives — including a 10% corporate tax rate for the first 10 years, VAT zero-rating, and exemptions from import and stamp duties.

The new development is expected to attract further investments and strengthen Kenya’s position as a hub for modern urban growth.

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