Some updates:
Hawaii Ocean Plaza condo-hotel coming to Ala Moana-Kakaako area
Nov 23, 2016, 7:18am HST
Duane Shimogawa
Reporter
Pacific Business News
Chinese investors plan to build a 407-unit condominium-hotel high-rise tower near Ala Moana Center in Honolulu.
Hawaii City Plaza LP, headed by California Investment Regional LLC, presented plans Tuesday night to the Ala Moana-Kakaako Neighborhood Board. The project team, which includes Honolulu-based FSC Architects, also shared renderings of the Hawaii Ocean Plaza project.
Pacific Business News broke the news about the project, which will include 207 condo units and 200 hotel rooms in a 40-story tower with units ranging from one- to three-bedrooms.
Hawaii Ocean Plaza also will have 16,261-square-feet of commercial space and 410 parking stalls.
The total square footage of the project is 449,815 square feet.
The City and County of Honolulu’s Department of Planning and Permitting recently issued a demolition permit for the site of the planned project at 710 Sheridan St.
Source:
Pacific Business News
Chinese investors reveal details on 400-unit condo for Keeaumoku Street
Nov 23, 2016, 7:02am HST
Duane Shimogawa
Reporter
Pacific Business News
Chinese investors, through a Honolulu company, plan to develop a 400-unit mixed-use high-rise tower on a block across the street from the Walmart and Walgreens flagship stores in Honolulu.
ProsPac Holdings Group LLC presented its plans and shared renderings of the project to the Ala Moana-Kakaako Neighborhood Board on Tuesday night.
Pacific Business News broke the news about the project, which will be built at the corner of Keeaumoku and Makaloa streets and will include affordable housing.
The company declined to speak to PBN after its presentation, although it released a statement saying that the project is designed to meet the growing need for housing among local residents. The affordable housing component is expected to be built within the tower along with the market-rate units and the project will meet the city’s minimum affordable housing requirement.
“The ground level of the building will offer street front retail and dining,” William Chen, assistant director for ProsPac said. “Through this project, we look forward to encouraging a pedestrian friendly, walkable and bikeable lifestyle, activating the street with wide sidewalks, landscaping, bike lanes and an open space area for public use.”
Source: Pacific Business News
Developer’s long-planned Honolulu condo project moving ahead
Ohana Hale
Nov 22, 2016, 2:59pm HST
Duane Shimogawa
Reporter
Pacific Business News
The project is being designed to fall within the price range for affordable housing with at least 60 percent of the units in the affordable range.
Source: Pacific Business News