Chief of Defence Forces General Robert Kibochi said they want Kenyan artefacts, lost during colonisation returned.
"We have to work with Parliament to establish a legal framework to bring them back," he said.
Gen Kibochi said that the amenity would be open to the public at a cost that will be agreed upon through stakeholder engagement.
It is at Uhuru Gardens where the Union Jack was lowered and Kenya's flag hoisted and the national anthem sang at a national function for the first time.
The location was declared a monument in 1997 and its logo captures the Mugumo tree which was planted by the first president on the spot where the national flag was hoisted and a shield which signifies unity and defence for freedom.