Nairobi Business Park is a flagship

business park A business park or office park is a designated area of land in which many office buildings are grouped together. These types of developments are often located in suburban areas where land and building costs are more affordable, and are typically ...

located in

Nairobi Nairobi ( ) is the capital and largest city of Kenya. The name is derived from the Maasai phrase ''Enkare Nairobi'', which translates to "place of cool waters", a reference to the Nairobi River which flows through the city. The city proper ...

Kenya ) , national_anthem = " Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , ...

. It was the first business park in

East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territories make up Eastern Africa: Due to the historica ...

.Welcome To HORN OF AFRICA
/ref> The first phase, which includes 7,000 square metres of commercial office space, was completed in 2003.

History

The Nairobi Business Park was first envisaged by the Jockey Club of Kenya. The club owned of of land by the Ngong Road between

and

Karen Karen may refer to: * Karen (name), a given name and surname * Karen (slang), a term and meme for a demanding woman displaying certain behaviors People * Karen people, an ethnic group in Myanmar and Thailand ** Karen languages or Karenic la ...

. The club decided to diversify their land use by restructuring their land portfolio. Some {{convert, 30, acre, m2 of land was sub-divided from the main block of land and transferred into the joint ownership of the Jockey Club of Kenya and CDC Capital Partners and the Nairobi Business Park Ltd was formed to develop the site, with the Jockey Club of Kenya retaining a shareholding in the development.

Development of the Business Park

Various studies were undertaken to define the type of development. An office park was decided upon, and designs made by

Triad Architects Triad or triade may refer to: * a group of three Businesses and organisations * Triad (American fraternities), certain historic groupings of seminal college fraternities in North America * Triad (organized crime), a Chinese transnational org ...

, a

-based architectural firm. The overall scheme included 30,000 square metres of lettable office space, to be developed in phases to suit market conditions. The business park is managed by

Knight Frank Knight Frank LLP is an estate agency, residential and commercial property consultancy founded in London by John Knight, Howard Frank and William Rutley in 1896. Knight Frank together with its American affiliate Cresa is one of the world's large ...

and

CB Richard Ellis CBRE Group, Inc. is an American commercial real estate services and investment firm. The abbreviation CBRE stands for Coldwell Banker Richard Ellis. It is the world's largest commercial real estate services and investment firm (based on 2021 reven ...

Today

Phase 1 of the overall development was completed in March 2003 and consists of three office units. This phase includes 7,000 square metres of lettable space. Parking is provided on site to a ratio of one parking bay per 25 square metres of usable office space. The offices are designed around a standard modular unit of a core and the two wings. The standard core element comprises WCs, a reception area and circulation. The two wings vary in size from a minimum of 400 square metres to a maximum of 600 square metres per floor. Several companies have opened offices at Nairobi Business Park, including

Siemens Siemens AG ( ) is a German multinational conglomerate corporation and the largest industrial manufacturing company in Europe headquartered in Munich with branch offices abroad. The principal divisions of the corporation are ''Industry'', ''E ...

and

Nokia Nokia Corporation (natively Nokia Oyj, referred to as Nokia) is a Finnish multinational telecommunications, information technology, and consumer electronics corporation, established in 1865. Nokia's main headquarters are in Espoo, Finland, i ...

References

Business parks Economy of Nairobi