Developer Marshall Hung and the Tradewind Capital Group Inc. are planning on purchasing the former Honolulu Advertiser property and building two moderate-priced condominium towers on the site. According to their press release, Hung will still preserve the historical news building, and would create the two towers on another section of the 3.7 acre lot. The property is located in Kakaako on the corner of South Street and Kapiolani Boulevard. Tentatively, Hung’s proposal would be to build as many as 1,000 units in the project. Units would be sold to “middle income” families and be priced between $293,000 to $570,000 Fee Simple.
Source: Honolulu Star Advertiser, 8-22-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
