Kisumu city is set for a major housing revolution following the unveiling of a Sh120 billion mixed-use housing project.
The LV Marina, a partnership between GulfCap Real Estate and former Prime Minister Raila Odinga will include bespoke waterfront villas, high end apartments, state of the art social infrastructure, light industrial parks, commercial hubs featuring retail centres, hotels, conference facilities and schools.
GulfCap Real Estate Chief Executive Officer (CEO) Chris Ochieng said the project strategically located five minutes from Kisumu International Airport (KIA) and along the shores of Lake Victoria also comes with 1,200 affordable housing units.
This, he said, shall be driven by demand adding that the company was seeking strategic partnerships in order to deliver the project within the set timeframe. "As a company we have the resources to deliver this project however there are other aspects like the social amenities, schools and health facilities where we are looking to partner with players in the sectors to have them in place," he said.