Alia is a planned luxury condo project in Kakaako, Honolulu.
Kahuina at Our Kakaako is a new mixed-use real estate development that will include 2 towers offering pet-friendly units at a variety of price points, including affordable housing, workforce housing (live-work units), and market rate housing, expanding opportunities for future homeowners. Inquire Now
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Kahuina Kakaako will be a part of Increment II of the master-development and is currently in the planning phase. The Kahuina project, developed by Stanford Carr, will be built on a lot that is 159,493 SF (3.66 acres) and feature 859 residential units across 2 high-rise towers in the heart of Kakaako.
Both towers will have access to a 9-story parking structure with 1,262 parking stalls for both residential and commercial. 125 parking stalls will be used for commercial purposes. The parking structure will be wrapped with residential affordable rentals and large artistic murals. Additionally, there will be 12 live/work lofts on Pohukaina Streets and Coral St.
The ground floor will include 35,000 sqft of commercial space plus a 15,000 sqft. landscaped plaza on corner of Auahi and Cooke St. The plaza will be called Ku‘aimeki Market. It has been confirmed that Kahuina will be a pet-friendly development with a weight limit of 45 lbs.
Construction for Kahuina Kakaako is planned to begin in early 2024, and developers expect the project to be completed in 2026. While pricing has not been revealed at this time, 60% of the units will be reserved as affordable housing units. To qualify for the 201H program offered by HHFDC, applicants must meet particular income requirements (shown above) and must not be majority owners in a principal residence (either inside or outside of Hawaii). Additionally, applicants must be residents of Hawaii, US citizens, and at least 18 years of age. There will also be requirements to physically live in the unit purchased through the program for a particular amount of time.
This program is an excellent opportunity for first-time home buyers to invest in a home. To get an idea of potential pricing, we can look at other units in the area with plans that are similar to Kahuina. For example, typical floor plans in the area include studio (selling for $280,000 through $365,000), 1-bedroom (for $410,000 through $570,000), 2-bedroom (from $510,000 through $660,000), and 3-bedroom (from $560,000 through $730,000) units. More details about pricing that is specific to Kahuina are expected to be revealed soon.
Kahuina's Mamalu Tower (Tower B) will have a recreation deck on floor 10 and include the following amenities:
Since Kahuina Kakaako is still in the planning phase, some components of the development are not yet set in stone.
There are several master-planned communities coming about in the Honolulu region. Each development offers its own layout and cultural aspects, providing a “neighborhood feel” for residents. These developments are made to be walkable and bikeable, with a focus on physical activity (especially outdoor activity, given the beautiful weather) and environmental sustainability. The locations are unbeatable, with close access to parks and beaches in addition to opportunities for shopping and dining.
Our Kakaako is a development that is currently underway, with the first increment having already been completed. Approved back in 2009 by the Hawaii Community Development Authority, Our Kakaako will cover a total of 9 city blocks across about 29 acres of land. Increment I, which takes up the first 4 blocks, offers 1,336 residential units, with 34% of these homes being leased as rental units. This increment also includes 184,000 plus square feet of commercial space as well as 50,000 plus square feet of open space (or greenery, sidewalks, etc.). Installment I also features SALT at Our Kakaako, a gigantic commercial establishment featuring restaurants and retail stores.
Like the first installment, Increment II plans to continue with the features Our Kakaako is known for, including plenty of green space, walking paths, restaurants, and shopping centers. Increment II will cover the last 5 blocks of the planned development. The neighborhood will offer mixed-income housing, with opportunities to purchase or rent homes at affordable, workforce, or market rates. Our Kakaako will feature both low-rise and high-rise buildings with top-notch amenities for residents. Given the variety of housing options that are planned or have already been established in the community, it is not surprising that the area has become more and more popular.
Like other master-planned developments in the area, the developers of Our Kakaako have considered the convenience of the residents while making their plans. The neighborhood in itself is very walkable and is accessible to numerous restaurants and retail spaces. In fact, Kahuina is close to SALT at Our Kakaako, a huge retail space featuring over 85,000 square feet of commercial space. SALT won the award for Shopping Center of the Year in 2018 and is a popular place to visit and spend time with friends.
Additionally, Kahuina will be close to plenty of outdoor attractions. The buildings will be constructed near Mother Waldron Park and an additional planned park to be named Makai Gateway Park. Furthermore, Kahuina will only be about a mile away from Ala Moana Beach.
As the Our Kakaako master-planned community continues to make its way through the design and construction phases, the area becomes more attractive to future home buyers. With opportunities for families of different income levels, Kakaako provides a wonderful foundation for investing in a new home!
Kahuina is or will be located at 450 Cooke St, Honolulu, HI 96813.