Courtesy Kamehameha Schools
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 be sold at market prices and 20 units will be considered affordable housing.
The company said in a statement that it was pleased by the authority’s decision. This the company’s first condo project in urban Honolulu.
“The project will provide distinctive home ownership opportunities for working families that is located close to downtown Honolulu and the future transit line,” Bruce Barrett, executive vice president at Castle & Cooke, said in a statement.
The project also includes 9,680 square feet of retail space, 145 parking stalls and 1,411 square feet of open space.
Kamehameha Schools’ part of the project includes 88 workforce housing condos, 165 parking spaces and 10,066 square feet of recreation space.
At a recent public hearing, only one person spoke against the project.
Bill Cresenzo Reporter – Pacific Business News