Hawaii agency approves 803 Waimanu condo project in Kaka’ako

Jan 8, 2014, 3:57pm HST
Duane Shimogawa Reporter – Pacific Business News

The Hawaii Community Development Authority has approved California developer Franco Mola's proposal for the 803 Waimanu St. project in Kakaako.
The Hawaii Community Development Authority has approved California developer Franco Mola’s proposal for the 803 Waimanu St. project in Kakaako.

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.

The Hawaii Community Development Authority unanimously approved the scaled-down project that’s being developed by California developer Franco Mola, by a vote of 7-0, according to a spokeswoman for the HCDA.

The project by Mola’s MJF Development Corp. consists of a 65-foot seven-story building with 153 market-priced residential units and includes a mix of studios, one- and two-bedroom units.

The development also will have a mechanized ground-floor parking system with 92 parking stalls.

The HCDA held an initial public hearing regarding the project on Nov. 6.

PBN first reported that Mola submitted a scaled-down proposal for the 803 Waimanu St. project in August.

Mola’s original plan, which was withdrawn in July, called for 217 workforce units in a 250-foot tower.