Launch Ceremony for LV Marina: A Landmark Development in Kisumu by GulfCap Real Estate
- Elsardt Kigen
- Mar 4
- 3 min read
Press Release
For Immediate Release
18th January 2025
Kisumu, Kenya – Today marks a historic milestone as GulfCap Real Estate officially launches LV Marina, an iconic masterplanned development set to redefine the landscape of Kisumu and the wider Western Kenya region. The event, held on the 18th of January 2025, brought together dignitaries, investors, and members of the public to celebrate the launch of a transformative vision for the region.
The chief guest, Rt. Hon. Raila Amolo Odinga, kicked off the launch ceremony applauding the project as a beacon of progress. “LV Marina will change the face of Kenya, bringing international standards of living to our people and fostering opportunities for all economic classes. This project reflects the vision I hold for our nation—a future where everyone can aspire, invest and simply thrive” said Rt. Hon. Odinga.
Governor Hon. Prof. Anyang’ Nyong’o lauded the development for its transformational potential, calling it a game-changer for Kisumu. “The LV Marina project is a testament to what visionary leadership and strategic partnerships can achieve. This development will not only elevate Kisumu’s urban profile but also create jobs, boost local businesses, and position our county as a regional economic hub. I extend my heartfelt thanks to GulfCap Real Estate and all stakeholders for making this vision a reality,” said Governor Nyong’o.
A Visionary Development
Strategically located five minutes from Kisumu International Airport and along the shores of Lake Victoria, LV Marina is designed to be a self-sustaining community. The development will include bespoke waterfront villas to apartment living, state-of-the-art social infrastructure, light industrial parks, and commercial hubs featuring retail centers, hotels, and schools.
Chris Ochieng, CEO of GulfCap Real Estate, described the project as a transformative milestone for Kisumu. “LV Marina is more than a development; it is a vision of prosperity, sustainability, and inclusivity. We aim to create a community where people can live, work, play, and thrive in harmony. We are seeking strategic partners who dream big as we all work together to realize mutual growth in harmony with the beautiful LV Marina landscape” said Ochieng.
Opportunities for Investors
The project offers immense opportunities for investors and developers, including short-term and long-term leases, development rights for recreational facilities, and commercial ventures such as hotels, retail centers, and schools. GulfCap Real Estate has extended an open invitation to investors to join the journey of shaping Kisumu’s future.
Economic and Social Impact
The development is expected to generate thousands of jobs during construction and operation, stimulate local businesses, and position Kisumu as a leading destination for tourism, trade, and investment. The inclusion of light industrial parks, recreational spaces, and fishing clubs will also create unique opportunities for regional and international partnerships.
A Transformational Future
Speaking during the ceremony, Hon. Suleiman Shahbal, Founder and Chairman of GulfCap Real Estate, stated, “This project is a golden opportunity to elevate Kisumu and the region to new heights. LV Marina is not just a development; it’s a statement of what we can achieve together—businesses, investors, and communities working as one.”
Welcome all to LV Marina.
For further information, interviews, or inquiries, please contact:
Chris Ochieng
CEO, GulfCap Real Estate
+254 702 421 655
About GulfCap Real Estate
GulfCap Real Estate, Kenya’s largest and award-winning developer, is renowned for lifestyle-focused and environmentally sustainable projects. Its portfolio includes transformative developments such as 289 InCity Suites, Buxton Point, and Starehe Point, setting benchmarks in luxury living, mixed-use spaces, and eco-friendly urban design. GulfCap remains a key player in Kenya’s real estate landscape, driving economic growth and empowering communities.