Waiakoa
Waiakoa will include 2 towers with 1,032 units in Our Kakaako.
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Kaliu Updates
8/2/2023 - Coral Acquisition, LLC, a company registered by Prospac Holdings Group, LLC has submitted their application to HCDA. Most of the information below has been pulled from their application.
8/4/2022 - Kamehameha Schools selected ProsPac Holdings, an experienced developer who completed Azure Ala Moana, to develop Kaliu.
The "Kaiaulu O Kakaako Master Plan," also known as "Our Kakaako," covers the development of 29 acres in the Kakaako Community Development District. Within this plan, Land Block G, spanning less than 2.5 acres, is named Kaliu, meaning "well seasoned" in Hawaiian.
The project features a 40-story residential tower on a 65-foot tall podium (equivalent to 6 floors). The first floor offers a mix of residential and commercial spaces, while floors 2 to 5 serve as parking levels, providing 687 total parking stalls, including spaces for residents, guests, and commercial use. The 6th floor will be dedicated to the amenity deck.
To maintain Mauka and Makai views, the tower design prioritizes preserving these vistas. Additionally, Kaliu along with other developments in Our Kakaako, prioritizes walkability, interconnected parks, Hawaiian culture, and sustainability, considering factors like sea level rise with proposals like a partial elevated sidewalk. Furthermore, the residences will be pet-friendly.
The residences will have floor-to-ceiling windows and some of the units will include lanais. A breakdown of the unit mix and floor plans can be seen below:
Unit Type | Bed | Bath | Size | Quantity |
A | 3 | 3 | 1,923 | 30 |
B | 2 | 2.5 | 1,179 | 31 |
C | 2 | 2 | 1,032 | 32 |
D | 2 | 2 | 989 | 33 |
E | 2 | 2 | 987 | 33 |
F | 1 | 1 | 693 | 33 |
G | 1 | 1.5 | 898 | 33 |
H | 1 | 1 | 776 | 33 |
I | 1 | 1 | 784 | 33 |
J | 3 | 3 | 3,127 | 1 |
K | 2 | 4.5 | 4,123 | 1 |
L | 3 | 2.5 | 1,540 | 1 |
Official pricing for Kaliu is yet to be disclosed, but it is rumored to be a luxury building. We anticipate prices to fall in the following ranges: $800k to $1M for 1-bedroom units, $1M to $1.8M for 2-bedrooms, and $2M to $4M for 3-bedrooms. Penthouses, ranging from 3,000+ sqft to over 4,000 sqft, are expected to start at $5M.
Originally scheduled for a 2023 launch, sales are now expected to begin in Q1 of 2024 after the HCDA approval hearing on November 1, 2023. Construction is set to commence in Q4 of 2024, and the project has a target completion date in 2026.
The amenity deck on the 6th floor will contain approximately 39,592 square feet of indoor and outdoor recreational activities. Amenities will include the following:
Other amenities will include multi-purpose community rooms, a music room, swimming pool, open lawn, outdoor seating, and a pickleball court.
Kaliu will be centrally located across the street from SALT at Our Kakaʻako on Coral, Auahi and Cooke street. Its current lot is occupied by Honolulu Beerworks, Bike Factory, and Valyou Furniture. According to Kamehameha Schools Our Kakaʻako master plan, it will reside on Block G, across the street from Kahuina and a block away from Alia.
Envision a modern urban area that is full of life and rich with culture and history - welcome to Our Kakaako. While most locals don't know the name "Our Kakaako," they know exactly where SALT is. Many of us have been to restaurants or events there, and it really is a load of fun for singles and families alike.
Kamehameha Schools has done an amazing job planning this master-planned community and with Kaliu's arrival, it's expected to contribute half a billion dollars of economic impact to Hawaii. It's hard to imagine it right now, but by 2026, Our Kakaako will be thriving with more retails shops, eateries, and thousands of new condos.
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