BizJournals: The BLOCK 803 Waimanu

HONOLULU (HawaiiNewsNow) – Sales for a new condo in Kakaako that’s being billed as affordable will start Saturday. “The Block” features 153 apartments with prices starting in the low to mid-$300,000s for studios, high $400,000s for one-bedrooms and $600,000s for two-bedroom lofts. Sixty-six of the units will be reserved for Hawaii residents who earn less than 140 percent of the areas’s median income, which would be about $123,000 for a family of four. The developer has said that its “best estimate” of
Hawaii agency gives developer extension on permit for Kakaako condo A total of 101 units are priced as affordable to the households between 80 percent of area median income, or a single person making $53,700 a year, and 140 percent of area median income, or a single person making $93,940 a year. The remaining 52 units are market rate. The price points of the units range between $230,000 to $525,000, making it one of the most affordable projects in Kakaako.
Kakaako condo builder touts prices As little as $240,000 will fetch purchasers an 803 Waimanu unit, a report tells the state By Andrew Gomes Star Advertiser June 15, 2015 The views aren’t great, living spaces are mostly small and in some cases there’s no parking. But the price may be unbeatable at an upcoming condominium in Kakaako where million-dollar homes in swanky towers abound. The developer of the planned midrise called 803 Waimanu, which was approved by the state last
Housing plan for Kapolei site makes sense “With monthly rents to range from $503 to $1,294, depending on the size of the apartment and the income of the resident, this development would provide needed housing for a growing segment of Hawaii’s population: senior citizens on fixed incomes. At or near retirement age, these folks would be far less likely to be joining the stressed-out, rush-hour motorists clogging west side roads headed to and from work in Honolulu.” (2015, June 15)
Kakaako has the necessary infrastructure to handle more than 20 new high-rise condominium towers and the retail development that will surround them, Honolulu Mayor Kirk Caldwell says. Read more…
The Hawaii agency in charge of overseeing the redevelopment of Kakaako on Wednesday approved another condominium project — 803 Waimanu St. — for Oahu’s so called Third City. Read more…
Developer Franco Mola‘s Coastal Rim Properties Inc. is scheduled to present plans at a Neighborhood Board meeting Wednesday night for four condominium towers that would be built on a lot in the middle of Oahu’s Second City of Kapolei. Read more…
A development firm led by Franco Mola has proposed developing 217 workforce housing units in Kakaako on a roughly half-acre site presently occupied by single-story industrial buildings. Read more…