Kamehameha Schools’ $90 million Keauhou Lane mixed-use project is scheduled to break ground next month in the Honolulu neighborhood of Kakaako, the developer said Monday. It includes 209 rental units and about 32,300 square feet of restaurant and retail space

Oregon-based Gerding Edlen is developing the project on behalf of the state’s largest private landowner, which also will include 280 parking spaces.

Keauhou Lane will include a blend of studios, one-bedroom and two-bedroom rentals aimed at individuals and families earning up to $67,000 annually and $95,000 annually, respectively.

A key part of the project will be the pedestrian paseo that will connect Keauhou Lane and Keauhou Place residential lobbies, the various restaurant and retail establishments and the Honolulu Authority for Rapid Transportation’s new civic center station.

Stanford Carr Development’s Keauhou Place, which is located on the same block at 500 South St. and 500 Keawe St., includes 388 residential units in a 400-foot tower, along with 35 townhome units in a 42-foot mid-rise tower. The project, which includes a rail transit station, has already started construction.

Keauhou Lane is in the process of obtaining LEED for Homes Gold certification.

Both projects are expected to be completed around the same time, which is roughly the second or third quarter of 2017.

Pacific Business News