KAKAAKO, OAHU (HawaiiNewsNow) - By: Bobby Bergonio
Kamehameha schools have announced its collaboration with Castle & Cooke Inc. Home Hawaii in creating housing units for the Kaka'ako area. The multi-million dollar project will develop a total of 183 housing units for an already growing Kaka'ako.
"Castle & Cooke understands and shares our vision for "Our Kaka'ako" and has a deep respect for Hawaii's culture and lands." said Elizabeth Hokada, Vice President for Endowment for Kamehameha Schools.
The estimated cost will be around 60-million and aim to provide units for middle-income workers and families. On the more than 4-acre block, Castle & Cooke and Kamehameha Schools have agreed to plan their buildings separately.
400 Keawe, Castle & Cooke's project, will build its six-story building on 1.5-acres along Keawe street. The rental and for-sale housing building will include one to three bedroom floor plans ranging from $400,000s to mid-$700,000s.
Kamehemeha Schools will be responsible in developing the remaining 2.8-acre block. They plan to use the area for a four floor building housing unit with three levels of parking next to Castle & Cooke's, 400 Keawe Project.
This block located along Keawe Street, between Pohukaina and Auahi street, is only one of nine-block parcels Kamehameha School owns. It is part of the schools, "Our Kaka'ako" master plan, which aims to create an urban-mixed community for Hawaii's urban island lifestyle.
The collaborated buildings will also feature public areas that include a 14,500 square foot plaza, bicycle parking, and mid-block pedestrian passage. The area will also be surrounded by a landscape of native plants and shaded canopy trees. The block will also be a short walking distance to the future Hawaii rail transit station on Halekauwila Street.
"Are overall vision is to have diversity of housing and to emphasize the pedestrian street-scape." said Paul Quintiliani- Senior Director of Commercial Real Estate Division, Kamehameha Schools. "What's really exciting about this project is that people get to see that, really early on."