Dear Architect Gichuhi,
I recently saw your article in the Star on joint Ventures in land development.
I own a99 year leasehold (as from April 2009) in a commercial plot in the Kiambu Town CBD. My intention is to replace the existing old one storey stone building with a modern 5 storey commercial building .
The plot measures 0.0232
I am interested in a joint venture development of the type described in your article and would like to hear further on the approach and terms of such an arrangement. I have the following two questions
(1) You mentioned that for Shelter Afrique financed arrangements a preliminary survey is a prerequisite. Who pays for the study?
(2) Given the relatively small size of the plot is such a joint feature feasible?
I look forward to hearing from you.
By: Lewis kamau