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December 2nd, 2011
The developers of Kaka‘ako’s newest residential project, Waihonua at Kewalo, are getting ready to open their sales office. The project will add not only 345 condominium units, but also 72 affordable senior rentals. This vacant lot between Hawaiki Tower and Ko’olani is where A&B Properties plans to to build a 43-story condominium building. It’s a half block from Ala Moana Center, and a block away from the beach. “It’s the last component of the Nauru Tower development, and so this will fit in the final piece,” said Paul Hallin, A&B Properties Executive Vice President. This is an architectural model of what Waihonua at Kewalo will look like. It’ll have 345 one, two, and three bedroom units, ranging from 645 to 1225 square feet. And the building will have luxury amenities like a pool, bbq areas, a theater, and storage lockers. “The units start at $400,000 so it wouldn’t be affordable, but it is for the local market. But there is an affordable elderly housing component,” said Hallin. 72 studio and one bedroom rental units will be built here, nearby on Kona Street between Piikoi and Pensacola. Rent is expected to be about $900 a month, and tenants must be 62 or older, and meet certain income requirements. The senior rentals and luxury condominium will be built simultaneously. “The design team will be going for permits here in early 2012, should be able to, if sales are successful, go to construction in later 2012, and then it’s a 2 year process to build a project,” said Hallin. Architects did the best they could do to avoid blocking the views of others who live in neighboring high rises. “We’re a much thinner footprint, and a much thinner tower,” said Jeff Renterghem, Pappageorge Haymes Senior Associate. “We have quite a good setback between the other buildings, about 200 feet,” said Michael Goshi, Design Partners Senior Principal. The manager of Hawaiki Tower, where our news station is located, says they did a good job of minimizing the impact. “It’s in between all the other buildings and so they’re going to get the peak-a-boo views between all the others. It’s good to have a neighbor, and rather have a nice project than a vacant lot,” said Paul McCurdy, Hawaiki Tower Manager. Developers are waiting on the final state approval to begin sales. They expect that should come within the next week. The sales office is being set up at the corner of Kapiolani and Piikoi.
Waihonua Sales Gallery
1311 Kapiolani Blvd., Suite 104