Kamehameha Schools has just finished converting an old office building in Kakaako into an apartment complex for middle-income tenants. Located at 680 Ala Moana, the four-story building has been renamed Six Eighty and will have a total of 54 units. Units are configured in studio and one-bedrooms sizes between 304 to 613 sq ft and they will be rented for between $1,100 and $1,400 per month. Limited parking is offered for another $75 per month based upon availability. Applicants have to earn a maximum of $57,890 for a single person, $66,160 for a couple, or $74,430 for a family of three. Director of Kakaako’s Development for Kamehameha Schools, Paul Kay, stated, “We’re excited for our new residents to move in and be part of our Kakaako. They are joining a small, but active, hui of entrepreneurs, chefs, artists and innovators who share a strong sense of community and are helping to author Kakaako’s future.”
The long term goal of Kamehameha Schools is to redevelop nine city blocks of Kaakako currently filled with warehouses and old office buildings and build a total of 2,750 housing units and shopping areas.
Source: Honolulu Star Advertiser, 10-16-2012, 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
