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KGMB9 Evening Team
More Residential Units May Be Coming to Ward Print E-mail
April 16, 2008 04:57 PM

 
Thousands of new residential units may be coming to Kakaako built on 60-acres of land and now occupied by Ward Warehouse, Ward Center and surrounding properties.

General growth properties, which owns the land, presented it's master plan to the Hawaii Community Development Authority Wednesday.

The plan calls for retail, commercial, and public spaces and up to 4,000 condo units to be built in mid and high rise buildings.

"Our goal is to have a range families of different income types in the neighborhood, and we will definitely have 20 percent set aside for people of a certain income," said Jan Yokota of Gneral Growth Properties.

That means about 800 of the proposed 4,000 residential units will be reserved for families who make no more than 140 percent of the median incomeor about $100,000 a year.

Construction won't begin until at least two and half years from now.

The plan needs to be approved by the Hawaii Community Development Authority first.



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Last Updated ( April 16, 2008 04:57 PM )
 


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