Kampala Kingdom is a

Mall Mall commonly refers to a: * Shopping mall * Strip mall * Pedestrian street * Esplanade Mall or MALL may also refer to: Places Shopping complexes * The Mall (Sofia) (Tsarigradsko Mall), Sofia, Bulgaria * The Mall, Patna, Patna, Bihar, India ...

and shopping complex in

Kampala Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,680,000 and is divided into the five political divisions of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and R ...

Uganda }), is a landlocked country in East Africa. The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The ...

's capital city.

Location

The Mall is located on Nakasero Hill, an upscale neighborhood in Kampala, the capital and largest city of Uganda. The piece of property where the mall is located is bordered by Nile Avenue to the north, Yusuf Lule Road to the east, and De Winton Road to the south. The National Theater and Uganda Broadcasting Corporation border the location to the west. The mall complex is being erected on a site that was previously occupied by Shimoni Teacher Training College, which was relocated to

Kitikifumba Kitikifumba is a neighborhood in Kira Municipality, Kyaddondo County, Wakiso District, in the Central Region of Uganda. Location Kitikifumba is bordered by Bulindo to the east, Mulawa to the southeast, downtown Kira to the south, the village ...

in Kira Municipality. The elevation of the construction site is above sea level, facing southeast, adjacent to Oasis Mall in Kampala's central business district. The coordinates of the mall are 0°19'02.0"N, 32°35'28.0"E (Latitude:0.317223; Longitude:32.591112).

Overview

Kampala Kingdom is part of a business/residential real estate development that includes: # A 200-room four-star mall tower - The Kampala Kingdom mall. # Rentable retail and office space, measuring in excess of # Parking space for over 450 vehicles.

History

In 2006, Kingdom mall Investments (KHI), a real estate investment and development company, headquartered in

Dubai Dubai (, ; ar, wikt:دبي, دبي, translit=Dubayy, , ) is the List of cities in the United Arab Emirates#Major cities, most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 ...

United Arab Emirates The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (Middle East, The Middle East). It is ...

, leased in the center of Kampala from the

government of Uganda Uganda is a presidential republic in which the President of Uganda is the head of state and the prime minister is the head of government business. There is a multi-party system. Executive power is exercised by the government. Legislative power is ...

for 99 years. KHI planned to construct a luxury mall complex on the property, with the opening date planned for 2009. KHI is chaired by

Alwaleed Bin Talal Al Waleed bin Talal Al Saud ( ar, الوليد بن طلال آل سعود; born 7 March 1955) is a Saudi Arabian billionaire businessman, investor, philanthropist and royal. He was listed on ''Time'' magazine's Time 100, an annual list of the hu ...

, a prince of

Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Ara ...

. Following the

Global Recession A global recession is recession that affects many countries around the world—that is, a period of global economic slowdown or declining economic output. Definitions The International Monetary Fund defines a global recession as "a decline i ...

of 2008 and 2009, KHI became unable to fund the project on its own. They sold majority shareholding in the development to Azure Holdings Limited, a subsidiary of the Mara Group, also headquartered in Dubai. Mara Group is also the parent company of Kensington Uganda Limited, a real estate investment and development company. Construction of the mall, technically known as Kingdom Kampala mall, began in July 2010. InterContinental mall has signed an agreement with the mall developers to manage the mall when completed. In January 2016, Crane Management Services, a subsidiary of the Ruparelia Group and South African developer Abland Africa, entered into a joint venture with Kingdom mall Limited to complete the construction of the mall complex. The new development entails a 200 bedroom 4 star mall, office space and rentable space. Completion is planned for 2018 at an estimated cost of US$300 million.

Construction

The mall, office tower and conference complex are estimated to cost US$300 million in construction. Commissioning is expected during the 2nd quarter of calendar year 2019.

References

External links