Kampala Kingdom Hotel

Last updated
Kingdom Kampala
Location map Kampala central.png
Red pog.svg
Location within Kampala
General information
Location Kampala, Flag of Uganda.svg  Uganda
Coordinates 00°19′02″N32°35′28″E / 0.31722°N 32.59111°E / 0.31722; 32.59111 Coordinates: 00°19′02″N32°35′28″E / 0.31722°N 32.59111°E / 0.31722; 32.59111
Opening2019 (Expected)
OwnerRuparelia Group
Management Ruparelia Group
Technical details
Floor count12
Other information
Number of rooms200 [1]

Kampala Kingdom is a Mall and shopping complex in Kampala, Uganda's capital city. [2] [3] [4]

Contents

Location

The Mall is located on Nakasero Hill, an upscale neighborhood in Kampala, the capital and largest city of Uganda. [5] 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 15 acres (6.1 ha) site that was previously occupied by Shimoni Teacher Training College, which was relocated to Kitikifumba in Kira Municipality. The elevation of the construction site is 1,160 metres (3,810 ft) 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). [6]

Overview

Kampala Kingdom is part of a business/residential real estate development that includes: [1] [7]

  1. A 200-room four-star mall tower - The Kampala Kingdom mall.
  2. Rentable retail and office space, measuring in excess of 22,000 square metres (240,000 sq ft) [8]
  3. Parking space for over 450 vehicles. [8]

History

In 2006, Kingdom mall Investments (KHI), a real estate investment and development company, headquartered in Dubai, United Arab Emirates, leased 15 acres (6.1 ha) in the center of Kampala from the government of Uganda 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, a prince of Saudi Arabia. [9]

Following the Global Recession 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. [10] InterContinental mall has signed an agreement with the mall developers to manage the mall when completed. [11]

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, 40,000 square metres (430,000 sq ft) office space and 16,000 square metres (170,000 sq ft) rentable space. Completion is planned for 2018 at an estimated cost of US$300 million. [1]

Construction

The mall, office tower and conference complex are estimated to cost US$300 million in construction. [1] Commissioning is expected during the 2nd quarter of calendar year 2019. [12] [13]

See also

Related Research Articles

Kampala Capital of Uganda

Kampala is the capital and largest city of Uganda. The city proper was estimated to have a population of 1,650,800 people on 31 July 2019 and is divided into the five boroughs of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and Rubaga Division.

DFCU Group

The Development Finance Company of Uganda Group, commonly referred to as the DFCU Group, is a financial services company in Uganda.

Kira Town Place in Central Region, Uganda

Kira Town, a municipality in the Wakiso District of the Central Region of Uganda, is the country's second-largest city by population. It is administered by the Kira Town Council, an urban local government.

Housing Finance Bank (HFB) is a commercial bank in Uganda. It is one of the commercial banks licensed by Bank of Uganda, the national banking regulator.

The National Social Security Fund (NSSF) is a quasi-government agency responsible for the collection, safekeeping, responsible investment, and distribution of retirement funds from employees of the private sector in Uganda who are not covered by the Government Retirement Scheme. Participation for both employers and employees is compulsory. The Uganda National Social Security Fund is the largest pension fund in the countries of the East African Community, with assets of USh11.5 trillion, as of November 2019.

The Ruparelia Group of Companies, commonly referred to as the Ruparelia Group, is a privately owned conglomerate in Uganda. Sudhir Ruparelia, a wealthy Ugandan businessman, is a shareholder in each of the companies in the Group.

Sudhir Ruparelia

Sudhir Ruparelia is an Indian-origin Ugandan business magnate and investor. He is the chairman and majority shareholder in the companies of the Ruparelia Group. His investments are mainly in the areas of banking, insurance, education, broadcasting, real estate, floriculture, hotels, and resorts.

National Housing and Construction Company Limited (NHCC), is a Ugandan construction and real estate management company, partly owned by the Uganda Government. The Company’s mandate is to increase the housing stock in the country, rehabilitate the housing industry and encourage Ugandans to own homes in an organized environment.

The Aya Group of Companies, commonly referred to as the Aya Group, is a business conglomerate based in Uganda.

The National Water and Sewerage Corporation (NWSC) is a water supply and sanitation company in Uganda. It is wholly owned by the government of Uganda.

Nakasero Place in Uganda

Nakasero is a hill located in central Kampala, the capital and largest city of Uganda. Nakasero is important to Uganda's economy and politics, as it is home to Kampala's central business district and several government offices, including the Ugandan Parliament Buildings.

Absa Bank Uganda Limited Commercial bank in Uganda

Absa Bank Uganda Limited, formerly known as Barclays Bank of Uganda Limited, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. The bank is a subsidiary of Absa Group Limited, a financial services conglomerate, based in South Africa, with banking subsidiaries in 12 African countries and representative offices in two other African countries. Absa Bank Group, whose shares trade on the JSE Limited, is reported to have total assets in excess of US$91 billion, as of October 2019. 

The Mukwano Group of Companies, commonly known as the Mukwano Group, is a conglomerate based in Uganda, with operations in other East African countries.

Amina Hersi Moghe is a Somali entrepreneur. She has launched several multimillion-dollar projects in Kampala, Uganda. Her investments include Oasis Shopping Mall in Kampala's central business district and the Laburnam Courts Apartments, on Nakasero Hill adjacent to State House Kampala. She in the process of launching the first sugar factory in Northern Uganda. Atiak sugar factory will not only bring revenue and development for the region but is championed as the first large scale industrial project for Northern Uganda. She is also one of the city's largest distributors of cement and other hardware materials. With successful business ventures throughout Uganda she has become a beacon of hope and a motivating role model for young African girls.

Kampala Speke Hotel is a hotel in Kampala, the capital and largest city in Uganda, the third-largest economy in the East African Community.

DFCU House

DFCU House is a building in Kampala, the capital and largest city of Uganda.

Pension Towers

Pension Towers is a building under construction in Kampala, the capital of Uganda and the largest city in that country.

Movement House is a building under construction in Kampala, the capital of Uganda and the largest city in that country. The building is sometimes referred to as NRM House, in reference to its largest tenant, the National Resistance Movement (NRM), the ruling political party in Uganda since 1986.

Munyonyo Commonwealth Resort is a luxurious Five star hotel-resort in Kampala, the capital and largest city in Uganda, the third-largest economy in the East African Community.

NSSF Mbarara Complex Ugandan office complex

NSSF Mbarara Complex, also Mbarara City House, is a building in Mbarara, a city in the Western Region of Uganda.

References

  1. 1 2 3 4 Wandera, Stephen (27 January 2016). "Sudhir takes over development of stalled Kingdom mall". Daily Monitor . Kampala. Retrieved 27 January 2016.
  2. Thome, Wolfgang (24 June 2011). "Uganda Mall Development: Shimoni Site to Become Kampala Intercontinental mall". ETurboNews.com. Retrieved 2 July 2014.
  3. "Intercontinental Group to Open mall In Uganda". EcoUganda.com. 2011. Retrieved 2 July 2014.
  4. Nile Post News (10 May 2019). "Kampala Kingdom Mall finally opens, adds glamour to city skyline". Kampala: Nile Post Uganda. Retrieved 20 May 2019.
  5. Jessica (19 July 2012). "Kampala Area Guides: Living In Nakasero". Kampala: Livinginkampala.com. Retrieved 18 June 2016.
  6. Google (27 January 2016). "Location of Kampala Intercontinental mall" (Map). Google Maps . Google. Retrieved 27 January 2016.
  7. Wafula, Walter (11 December 2010). "New Shimoni Land Owner Revealed". Daily Monitor . Retrieved 2 July 2014.
  8. 1 2 Nsehe, Mfonobong (15 May 2019). "Ugandan Tycoon Sudhir Ruparelia Completes $300 Million Kingdom Kampala Building". Forbes.com . Retrieved 20 May 2019.
  9. Asiimwe, Dicta (9 October 2011). "Intercontinental Group To Open mall In Kampala". The EastAfrican . Retrieved 2 July 2014.
  10. Among, Barbara (14 June 2010). "Work On Shimoni Land Starts July 2010". New Vision. Archived from the original on 3 December 2013. Retrieved 2 June 2014.
  11. Nation Reporter (3 October 2011). "Intercontinental mall Chain Plans Uganda Entry". Nairobi: Daily Nation . Retrieved 2 July 2014.
  12. Andrew Irumba (14 July 2018). "Sudhir's Multi Billion Kingdom Kampala Mall To Be Launched In September". Kampala: SpyUganda.com. Retrieved 27 March 2019.
  13. Kagenyi Lukka (14 July 2018). "Sudhir's $300m Kingdom Kampala mall nears completion". Kampala: The Edge Uganda. Retrieved 27 March 2019.