Project: Halewaiolu Residences
Quote:
The City and County of Honolulu has chosen The Michaels Development Co. to develop a $49 million affordable senior rental housing project in Chinatown.
A selection committee made the decision to enter into negotiations with the developer to build the Halewaiolu Residences at the corner of River Street and Vineyard Boulevard.
The project will include 151 units in two mid-rise towers for residents 62 years of age and older with an annual income of $53,700 or lower for a single person. Most of the units will be available for seniors with incomes of $40,260 or lower.
The project will have three parking levels, a street-level community center and retail space.
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