Palm Exotica: The making of Kenya’s tallest hotel in Watamu

A group of foreign investors led by Italian billionaire Franco Rosco are pushing forward plans to set up a 61-floor luxury hotel-cum-residential project in Watamu, Kilifi County, in a development that will gift Kenya its tallest building. Trading as Palm Exotica, the investors are now seeking the nod of the National Environmental Management Authority (Nema) to commence construction of the facility on a 2.4-acre parcel of land at Dabaso, Turtle Bay Road in Kilifi. According to regulatory filings seen by CK, the investors say the property – to be known as Palm Exotica – will be a mix-use development comprising a 270-bedroom five-star hotel, a high-end shopping mall, executive offices and apartments, a casino, and restaurants. The luxury hotel will be operated by a yet-to-be disclosed global hospitality chain with several hotel floors reserved for presidential suites. “This mixed-use development is for the discerning traveller who appreciates life’s finer things. Sky rooftop restaurant and swimming pool as well as a spa and fitness room,” the investors said in regulatory filings submitted to Nema. Palm Exotica, which will cost an estimated Sh28 billion, reserves its topmost floors for exclusive private apartments and penthouses. The meeting area has 1,500-metre square set aside adjacent to a 550-metre square ballroom and a 500 metre square exhibition centre while the lower floors will house food and beverage outlets. “It is 20 minutes’ drive from Malindi Airport and 90 minutes from Mombasa airport as well as 45 minutes from Vipingo Ridge Old Club,” Palm Exotica says on its website.

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