Mi Vida Homes’ mid-market housing project at Garden City has been awarded the EDGE certification by the International Finance Corporation (IFC) on account of the project’s energy and water-saving design.
The IFC EDGE certification is an internationally recognized green building certification system that certifies resource-efficient and Zero Carbon buildings.
Mi Vida’s project at Garden City was IFC Edge Certified due to its intelligent design, from conception, construction, and operation, that is set to save power use by up to 39% and water use by up to 44%.
Mi Vida Homes CEO Samuel Kariuki said that the green design is a response to the growing shift by users to buildings that optimize and minimize the use of water, energy, and other scarce resources.
“Homeowners are increasingly seeking out green homes since efficient design results in real cost savings, for example in electricity and water bills. ESG is also now a key component of investor due diligence as developers fundraise” said Mr. Kariuki.
The development along Thika Road implemented the IFC’s EDGE recommendations such as lighting controls, installing motion sensors and daylight sensors, which are significantly expected to reduce monthly power bills for homeowners.
The mixed-use development also uses water-saving equipment such as aerators and auto shut-off faucets.
The developer is expected to implement similar energy and water-saving designs in the next phase of the project and for its upcoming project in the Riruta area of Nairobi County.
Mi Vida Homes recently completed the construction of its flagship project that consists of 221 apartments located in the larger Garden City ecosystem that encompasses retail and commercial spaces within the confines of a single location.
Mi Vida is an institutional homebuilder formed through a KES 12 billion joint venture between Actis, a leading investor in growth markets across Africa, Asia, and Latin America and Shapoorji Pallonji Real Estate, the real estate arm of one of India’s largest construction conglomerates, with a group presence in over 70 countries and with projects today across fifteen countries in Africa. The joint venture will help solve today’s issues around quality, affordability and delivery within the middle-income housing sector.
See Also:
