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UDSM launches Hill Park real estate project, eyes Sh2 billion in annual revenue

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Dar es Salaam. Building on the success of its Mlimani City commercial development, the University of Dar es Salaam (UDSM) has unveiled plans for a new state-of-the-art real estate project aimed at boosting the institution’s financial sustainability while expanding its service offerings.

The new project, dubbed Hill Park, will be developed within the university’s main campus in partnership with Watumishi Housing Investment (WHI). It is expected to generate nearly Sh2 billion annually upon completion.

The ambitious development will occupy 12,498.5 square metres and is estimated to cost Sh8.3 billion, with a construction timeline of 18 months.

Speaking during the signing ceremony held on Monday, May 26, 2025, UDSM Vice Chancellor Prof William Anangisye said Hill Park will serve as a multi-purpose complex designed to meet the growing needs of the university community and its visitors.

“The development will host a mix of services including conference halls, retail outlets, gym facilities, car wash bays, laundry services, office spaces, and even a children’s playground,” said Prof Anangisye. “This is part of our broader strategy to commercialise university land for long-term benefit.”

WHI to build and operate for 15 years

WHI’s Acting Chief Executive Officer, Mr Sephania Solomon, described the project as a landmark partnership that aligns with WHI’s mission to unlock the value of public land through sustainable real estate investments.

“The architectural concept originated from UDSM, and we’ve fine-tuned it to enhance functionality and profitability. We will not only construct but also manage the property for 15 years, after which ownership will revert fully to the university,” he said.

The Hill Park facility will also cater to the university’s international and domestic visitors, addressing the current gap in high-quality commercial services within the campus.

Designed for long-term value

WHI’s Director of Finance and Investment, Mr Paskali Massawe, added that the project has been envisioned with a 50-year lifespan, ensuring long-term viability and value for both parties.

Under the terms of the agreement, UDSM will receive 40 percent of the project’s revenue, while WHI will retain 60 percent during the initial 15-year operating period.

“The design is self-sustaining and structured to cover all operational costs. It reflects our belief in long-term, sustainable investments in public infrastructure,” said Massawe.

UDSM eyes more strategic investments

Prof Siasa Mzenzi, UDSM’s Director of Planning, Development and Investment, assured stakeholders that the project would be completed within schedule and highlighted that Hill Park is just one of several strategic investments on the university’s horizon.

“We are optimistic about timely delivery. This Public-to-Public model offers valuable lessons, but we’re also open to Public-Private Partnerships (PPPs) where appropriate,” Prof Mzenzi said.

He also hinted at future collaborations with WHI, citing the successful planning and partnership demonstrated in the Hill Park project.

Reimagining campus real estate

The Hill Park project reflects a growing trend among public institutions in Tanzania to monetise their land assets through creative partnerships. For UDSM, it represents more than a commercial venture—it’s a step toward academic self-reliance, improved service delivery, and enhanced visitor experience.

Once completed, Hill Park is expected to serve not only university staff and students, but also corporate clients, conference guests, and tourists, strengthening UDSM’s position as both an academic and commercial hub in Dar es Salaam.