Lavington Mall has opened shop with a 60 up-market line shops to meet growing demand from a surge in middle class population and increasing number of expatriates in the country.
The 7-floor mall comes with a reduced supermarket size-making it a first in the country to have a small retail outlet.
The architecture and design of the facility promises customers an atmosphere of elegance and prestige through its exquisite open spaces and natural light.
Adoption of green energy (Solar powered) will significantly help tenants in massive savings on cost of power-every shop is solar powered and encourages use of eco-friendly paper bags,polythene bags are not allowed in the facility.
It will include health clinics, jewellery shops, lounge bars, salons, three restaurants, dry cleaners, fashion shops, a food court and banks.
The developers of the mall, Axis real estate said the growing middles class population has created a huge demand for sophisticated, quality goods and services-and are yearning for a place to unwind.
“New age consumers are spending more on quality and we want to fill this gap,” said the Mall owner, Kinuthia Makumi.
Consumers are becoming more sophisticated with rise in social status and personality indicating a bulging middle class segment in the market with higher purchasing power.
Kenya National bureau of statistics (KNBS) defines middle class population as those spending between Sh 850 to Sh 8,500 a day.
“The Mall will offer a non-parallel working, shopping and dining experience offering a mix of local and international brands“said Makumi.
Similarly, African Development Bank (AfDB) statistics indicates 16.8 percent or 6.7 million Kenyans belong to the middle class with economists predicting by year end the country will enter the middle middle class level.