
Munyoyo Waterfront Development – Project Status
| Phase | Status |
|---|---|
| Site Establishment | Completed – 30 October 2025 |
| Earthworks & Bulk Excavation | Completed |
| Foundation Works | In Progress – Raft foundation being laid |
| Basement Construction | Up Next – Basement floor slab & retaining walls |
| Milestone | Target Date |
|---|---|
| Basement slab completion | March 2026 |
| Structural topping-out | September 2026 |
| Building watertight | December 2026 |
| Practical Completion | June 2027 |

Munyoyo Waterfront Development – Project Overview
| Item | Details |
|---|---|
| Project Name | Munyoyo Waterfront Development |
| Developer | Coolmore Properties |
| Engineers | Astratto Engineering |
| Architects | Thomas W Architects |
| Quantity Surveyors | Devex |
| Mechanical & Electrical Engineers | African Dynamic Engineering |
| Total Development Period | 18 Months |
| Anticipated Practical Completion | June 2027 |
| Site Establishment Date | 30 October 2025 |
| Estimated Total Project Cost | US$ 8.275 million |

Waterfront apartments, is a premier luxury
apartment-hotel project located in Munyonyo.
The development is a JV between buildnet
Uganda and Coolmore development from South
Africa. The development is located in one of
Kampala's most prestigious lakeside suburbs,
renowned for its tranquil environment, upscale
residences, and proximity to key leisure and
diplomatic venues. The development is
strategically positioned near the shores of Lake
Victoria and within close reach of the
Commonwealth Resort and Speke Resort.
VALUE: $4.8 MILLION
Features & Offerings:
The development will feature a blend of luxury
serviced apartments and boutique hotel suites,
combining the comforts of home with the
conveniences of high-end hospitality. Amenities
will include a rooftop infinity pool, wellness spa,
fine dining restaurant, co-working lounges,
fitness center, and conference facilities. With
contemporary architecture and interior design
inspired by East African elegance and modern
global standards, the project targets expatriates,
business travelers, diplomatic guests, and
high-net-worth locals seeking exclusive long- or
short-term stays.
Key highlights:
• Location: Prime address in Munyonyo, with
lake views and access to key hospitality and
recreation zones.
• Unit Mix: Studio, 1-, 2-, and 3-bedroom
apartments; hotel suites and penthouses.