NAIROBI, Kenya, July 24 – Stima Investment Cooperative Society Limited will be putting up a Sh884.76 million residential apartment in Ngara, Nairobi.
The proposed 21-story apartment block consists of 449 residential units, including 235 one-bedroom apartments and 214 studio apartments.
While the ground floor will be reserved for commercial purposes such as cafeterias, the first floor will serve as parking spaces.
“As per the analysis of the aspects of both positive and negative environmental impacts of the project’s development, The Experts found no significant negative impacts that could pose adverse effects to the extent that the proposed project should not be implemented,” an Environmental and Social Impact Assessment (ESIA) Study submitted to the National Environmental Management Authority (NEMA) shows.
“The local community has overwhelming support for the project and they are very well informed having conducted the public meetings and several stakeholder engagements with the different stakeholders,” ESIA added.
ESIA identifies and addresses possible direct, indirect, and significant adverse environmental and social impacts that may arise from the proposed project.
It will also satisfy both legal and institutional obligations specified under the Environmental Management and Coordination Act (EMCA), 1999, as amended in 2015, and the Environmental (Impact Assessment and Audit) Regulations, 2003, as amended in 2019.
“There is a high expectation of employment for the youths and improvement in the household incomes, infrastructure and general delivery of social services.”
