Kamehameha Schools may lease Kakaako lands intended for condo towers, exec says
Kamehameha Schools will eventually lease the vacant buildings on two three-acre lots in Kakaako, where developers scrapped plans to build at least one luxury condominium tower, the trust’s top executive in its commercial real estate division confirmed to PBN Wednesday. The state’s largest private landowner is in the midst of concluding matters with The MacNaughton […]
Kamehameha Schools’ Kakaako project going as planned, exec says
Redeveloping its 30-acre piece of the Honolulu neighborhood of Kakaako is, by far, the biggest commercial real estate development project Kamehameha Schools is currently undertaking. Walter Thoemmes, managing director of commercial real estate for the $11 billion educational-focused trust, recently told PBN in an exclusive interview, that Kakaako is turning out to be nearly exactly […]
Office of Hawaiian Affairs looks for short-term users in Kakaako Makai
The Office of Hawaiian Affairs is seeking short-term uses for several parcels in Kakaako Makai, where the agency acquired some 30 acres three years ago from the state of Hawaii in a deal meant to resolve a decades-long dispute. Peter Apo, a trustee for OHA, told attendees at a recent Hawaii Society of Business Professionals […]
‘Interim uses’ to be part of Kamehameha Schools’ ‘Our Kakaako’ plan
As Kamehameha Schools enters its sixth year in its 15-year “Our Kakaako” master plan, which covers nine blocks mauka of Ala Moana Boulevard in Honolulu, there may be some parts of the development that will be utilized for “interim uses,” the chair of the trust’s board of trustees told PBN. Lance Wilhelm, chairman of Kamehameha […]
Kamehameha Schools’ may not develop all parcels in ‘Our Kakaako’ plan
Kamehameha Schools, Hawaii’s largest private landowner, and one of the major developers of the growing Honolulu neighborhood of Kakaako, probably won’t develop all of the parcels in its “Our Kakaako” plan — at least during this current economic cycle — the chairman of the $9.2 billion trust’s board recently said at a construction industry event. […]
Alexander & Baldwin paid $23M to buy Kakaako lot from Kamehameha Schools
Alexander & Baldwin Inc.’s real estate subsidiary paid $23 million to Kamehameha Schools to purchase the three-acre former CompUSA lot in Kakaako, the site of the Honolulu-based developer’s 465-unit mixed-use The Collection condominium project, according to public records. In October, A&B Properties Inc. said it purchased the lot, which is bounded by Ala Moana Boulevard, […]
Alexander & Baldwin buys land at its planned The Collection condominium in Kakaako
Alexander & Baldwin Inc.’s subsidiary has acquired the three acre former CompUSA lot in Kakaako from Kamehameha Schools that it will use to develop its 466-unit mixed-use The Collection condominium project. Construction is scheduled to start soon and estimated to be completed in late 2016. Terms of the deal were not disclosed. Located at 600 […]
Hawaii agency approves Castle & Cooke-Kamehameha Schools condominium project
The Hawaii Community Development Authority on Tuesday unanimously approved a joint development by Castle & Cooke Homes Hawaii and Kamehameha Schools that will add 183 condominium units on Keawe Street in Honolulu. Castle & Cooke’s portion of the project will include 95 condos in a 65-feet-high mid-rise building in Kakaako. Seventy-five of the units will […]
More towers on the rise – Three developers present the neighborhood board with proposals for a half-dozen new projects
Kakaako is in the middle of a residential tower development wave that builders see as meeting overwhelming homebuyer demand, but some area residents see as crowding their quality of life. Well, don’t look now, but another wave is on the way. Three developers have unveiled plans to seek permits later this year for six more […]
Kamehameha Schools to begin construction on Salt retail project in Honolulu this month
Kamehameha Schools to begin construction on Salt retail project in Honolulu this month Duane Shimogawa Reporter – Pacific Business News Kamehameha Schools will begin construction later this month on its 76,000-square-foot retail and restaurant project in Honolulu called Salt at Our Kakaako, Hawaii’s largest private landowner said Monday. Salt, which is located on the block […]