PHOTO: The Proposed NSSF's 28-Storey Twin Tower to be Built on Nairobi's Monrovia Street

The National Social Security Fund has unveiled plans to develop a multi-purpose twin tower complex on a 0.7-acre plot located at the junction of Monrovia Street and Mokhtar Daddah Street in Nairobi. According to regulatory filings submitted to the National Environment Management Authority, the proposed development will consist of two 28-story blocks rising from a shared four-story podium. The project aims to utilize a site that has remained largely underdeveloped, currently serving as a surface parking lot.

The architectural design allocates specific functions to each tower to maximize the site’s commercial potential. One tower is designated for office use, while the second will house 180 residential apartments, ranging from one to three-bedroom units. The podium section is intended to host retail shops, a supermarket, and a restaurant. To address the persistent parking challenges in the central business district, the NSSF has included five levels of basement parking with a capacity for 356 vehicles.

This proposal comes as the NSSF seeks to diversify its investment portfolio and increase returns for its members through real estate. The fund already maintains a significant presence in the Nairobi property market, with existing holdings including Social Security House and the unfinished Hazina Trade Centre. By introducing residential units into the heart of the city, the project aligns with urban planning shifts that encourage mixed-use developments to reduce commuting and revitalize the city center after business hours.

Construction of the towers is expected to last approximately 48 months once all regulatory approvals are secured. The NSSF's environmental impact assessment highlights that the project will involve significant excavation for the five basement levels. The fund has committed to implementing mitigation measures to manage noise, dust, and traffic disruptions along the busy Monrovia Street corridor during the four-year build period.