Kampala Intercontinental Hotel

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Kampala Intercontinental Hotel
Kampala Intercontinental Hotel is located in Kampala
Kampala Intercontinental Hotel
Location within Kampala
General information
Location Kampala,  Uganda
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Opening 2018 (Expected)
Owner Mara Group and Kingdom Hotel Investments
Management Intercontinental Hotels
Technical details
Floor count 34
Other information
Number of rooms 200[1]

Kampala Intercontinental Hotel is a hotel, under construction, in Kampala, Uganda's capital city.[2][3]

Location

The hotel is located on Nakasero Hill, an upscale[citation needed] neighborhood in Kampala, the capital and largest city of Uganda. The piece of property where the hotel 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 hotel 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 hotel are 0°19'02.0"N, 32°35'28.0"E (Latitude:0.317223; Longitude:32.591112).[4]

Overview

Kampala Intercontinental Hotel is part of a business/residential real estate development that will include:[5][1]

  1. A 200-room four-star 34-storey hotel tower - The Kampala Intercontinental Hotel.
  2. A conference center that can accommodate over 3,000 conference delegates
  3. Rentable retail and office space, measuring in excess of 56,000 square metres (600,000 sq ft)
  4. Parking space for over 1,500 vehicles.

History

In 2006, Kingdom Hotel 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 hotel complex on the property, with the opening date planned for 2009. KHI is chaired by Alwaleed Bin Talal, a prince of Saudi Arabia.[6]

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 hotel, technically known as Kingdom Kampala Hotel, began in July 2010.[7] InterContinental Hotels has signed an agreement with the hotel developers to manage the hotel when completed.[8]

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 Hotels Limited to complete the construction of the hotel complex. The new development entails a 200 bedroom 4 star hotel, 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 costs

The hotel, office tower and conference complex are estimated to cost US$300 million in construction.[1]

See also

References

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External links

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