Business Focus: The Lake Basin Mall

Business Focus: The Lake Basin Mall

THE NEW SHOPPING CENTRE IN WESTERN KENYA SET TO SPUR THE REGION’S SOCIAL-ECONOMIC GROWTH.

The Lake Basin Mall (LBM), the largest in Western Kenya, is expected to provide visitors with a fully-fledged shopping experience, add to the country’s GDP basket while boosting the region’s economy and ease the unemployment burden to the country, once it is fully operational. 

The five-floor shopping complex has a floor area of approximately 60,000 square meters. It is located at Mambo Leo junction along the Kisumu-Kakamega road approximately 3.5 kilometers from the Kisumu CBD. 

Lake Basin Mall Kisumu
An inside view of the Lake Basin Mall.

The complex comprises of a modern mall with all social amenities, a lower floor parking area for 330 cars and recreational areas. It has a three-star hotel, showrooms for vehicles and other household goods, a tire center for servicing vehicles and has an electric perimeter fence and 24-hour CCTV cameras for security monitoring. The National Police Service is also expected to post officers to the mall to enhance security. 

The mall complex is fitted with solar panels that power the hot water system in the hotel and provide street and perimeter security lighting at the complex. The design also provides for skylights that ensure adequate natural light in the mall. It has a biodigester for recycling of water.

Lake Basin Mall Kisumu

Mall Tenancy

Tenancy agreements are still in progress with the retail space going for between 40 Kenya shillings ($0.4) and 80 Kenya shillings ($0.8) per square foot depending on the size and its location.

Establishing the complex is part of the Authority’s long-term strategy to engage in income-generating projects that will enable it to generate its own revenue and supplement its budget. 

Lake Basin Mall Kisumu

For now, efforts to get the mall fully up and running are on-going. The Kisumu-Kakamega road that is being constructed will give access to the mall.