Meera Investments Limited, the property development arm of the Ruparelia Group, this month broke ground for the construction of Tower 1, a 12-storied retail and office property, in Kitante, in the Heart of Kampala.
Tower 1 is the first of 10 office towers, to be erected at Plot 1, Yusuf Lule Road, at what will be known as The Pearl Business Park- an 18-acre mixed use park, with a 5-star hotel, a shopping mall and a modern hospital when it is completed. The development will be Ruparelia Group’s largest.
The tower was designed by Symbion Uganda Limited, one the region’s leading multinational architectural firms with over 35 years of heritage in East and Southern Africa. Symbion has developed multiple award-winning projects extending from commercial, medical, institutional, hotel and residential developments, amongst others.
Describing the unique features of Tower 1, Rajiv Ruparelia, the Managing Director of Ruparelia Group, that also incorporates Meera Investments Limited, said:
“Tower 1 consists of 15 levels — 2 for parking and 13 of lettable space with a total of 30,000 built up sqm, out of which 15,000 sqm is lettable, “he said, adding: “we are optimising the designs to make it a green building. We are also building to the highest health and safety specifications, such as is required by sectors with high standards, like the oil and gas sectors.”
He further added: “The building also has a total vehicle parking capacity of 360 vehicles— 199 vehicles in basements, 1 and 2 as well as 161 vehicles in the surface parking on the ground floor level. Our parking to lettable space ratio is 1 parking space per 37 sqm of lettable space, well above the industry standards of 1 parking per 50sqm.”
He said the building’s location, design and features have been optimised to maximise functionality, safety and productivity in mind.
“Tower 1 is optimally located- at the confluence of Old Kiira and Yusuf Lule Roads. This makes it easily accessible to both private motorists and users of public transport. This location is also proximal to the Central Business District, key landmarks such as Makerere University, Mulago Hospital, several hotels, banks, several government offices as well as key shopping, recreation, healthcare and educational facilities,” said Mr Rajiv.
On top of a 3-phase Umeme mains supply, Rajiv said, the building also has a 24 hrs power backup standby generator, capable of running for 4 days non-stop, a duplex passenger lift with automatic sliding doors and rescue intercom as well as an additional 1 large heavy-duty goods.
“The building is connected to the National Water and Sewerage Corporation (NWSC) mains that pours into a large underground water tank, where on-site pumps, pump it to overhead storage tanks at the rooftop. This guarantees reliable water supply, at all levels and the right pressure,” he said.
“Regarding safety and security, the building’s floors are finished with non-slip tiles. There are fire extinguishers in the common areas, fire hose reels, emergency fire escape staircase routes, a centralised fire evacuation alarm system and a firefighting pump and sprinklers system within the covered parking floors. Over and above 24hrs security personnel, the entire facility is covered by 24hrs high-intensity surveillance CCTV cameras, linked to a 24hr operational security control room,” he said.
Other amenities include two vehicular entrance points, a covered executive drop-off point on the ground floor building entrance, provisional points of split air conditioning and an office rooftop terrace that can host events for up to 200 people.
Uganda’s most experienced, trusted and financially stable property, developer
Former Marsh Uganda Chief Executive, Alexander Mukasa, Replaces Gary Corbit as SanlamAllianz Life Insurance HeadDr Sudhir Ruparelia, the Ruparelia Group Founder and Chairman said the project, like many other Group projects, would leverage Group economies of scale to offer clients the most competitive offering, for properties of its quality and profile.
“We are Uganda’s most experienced, trusted and financially stable property, developers. As such, Tower 1 and indeed the entire The Pearl Business Park will be developed to global standards with the finest and most durable building materials to deliver to our tenants and their teams the most conducive and productive environment at competitive rates,” he said adding: “With the recent signing of 3 key oil agreements between the Government of Uganda and Tanzania, as well as Total E&P, that bring the much-awaited Final Investment Decision (FID) in the oil and gas sector, and a number of other mega-projects planned in the country, we anticipate brisk growth, over the next decade and beyond. The nature and size of the entire project has been conceived and shall be developed to cater to the growth needs of our tenants.”
He said, the group’s commercial property portfolio, which ranges from retail, residential, office and industrial allows the group to deliver the most competitive property solutions for especially medium to large domestic and global organisations.
“Meera Investments, and our sister management company, Crane Management services do offer the most competitively priced and most convenient bundled property solutions in the Ugandan market today. As a group we remain committed to sustainably investing in creating dependable property services, to feed Uganda’s economic growth,” he said.
Booking was open for the property especially for those that needed custom-designed space solutions.
“Because of the group’s financial strengths, internal capacities and more than two decades’ industry experience, our track record in delivering projects on time is unrivalled. We, therefore, welcome bookings, especially for clients with unique needs,” he said.
For further sales information please contact, Crane Management Services on:
Tel: +256 702 711 162; +256 707 700 253
E-mail: info@cms.co.ug; gm@cms.co.ug
About Meera Investments
Meera Investments Limited, part of the Ruparelia Group, is Uganda’s most experienced, trusted and financially stable property development arm. When you partner with us, you are able can leverage both our expertise and experience to enjoy some of the most, competitively priced bundled retail, residential, office and industrial property solutions in the choicest locations in the Greater Kampala Metropolitan Area (GKMA).
Founded in 1994, Meera Investments is one of Uganda’s oldest property development companies. We are the preferred provider of modern and innovative working and living space solutions to over 150,000 people in Kampala daily. (retail, living & working). The company is the largest developer of commercial and residential space, with over 300 properties in Kampala and other major towns. The company also says, they have the largest number of ongoing real estate projects and are the largest private owner of commercial land in Kampala.
Meera’s vision is to create an opportunity for especially Ugandans to take advantage of the Group’s economies of scale and expertise to affordably own and or co-locate their businesses in high quality and high-performance properties, in the finest locations in Kampala.
