The YMCA of Honolulu is located on Atkinson Drive directly across from the Ala Moana Shopping Center. In April 2012, the YMCA decided to sell part of their property to MB Acquisitions, a San Francisco developer who hoped to build a 120-unit condominium behind the current YMCA. In exchange, MB Acquisitions would provide the YMCA a completely remodeled facility with state of the art equipment.
MB Acquisitions has requested a zoning change from the Department of Planning and Permitting to allow them to build a 120-unit tower, tentatively named Aloha Kai Tower, higher then the current restrictions. Currently the property is zoned A-2, or medium-density apartment district, which allows a maximum height of 150 feet. However, MB Acquisitions would like for the property to be changed to AMX-3 zoning, or high-density apartment mixed-use, which would allow for a 350 foot tall tower.
Residents of the surrounding buildings have filed protest with the Department of Planning and Permitting and have argued that MB Acquisitions did not properly notified them of their plans. Under city law, an applicant filing for a zoning change must in good faith notify all property owners within 300 feet of the site. MB Acquisition argued that all of the surrounding condominiums were notified, and it is not their fault if individual condominium unit owners were not informed.
Source: Honolulu Star Advertiser, 5-19-2013, 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
