Update on 801 South Street - Second Tower Approved

The Hawaii Community Development Authority has given their approval to allow Downtown Capital LLC to build a second tower at their 801 South Street project.  "Tower B" will be a workforce housing condominium tower and will have a total of 410 units ranging in price from $329,400 for a one bedroom to $692,300 for a three bedroom.  Tower A had a total of 635 units and ranged in price from $250,000 for a studio to $500,000 for a two bedroom.  Ryan Harada, one of the principal for Downtown Capital LLC, stated, "We look forward to bringing the same type of housing for people that we did in phase one."

Source: Honolulu Star Advertiser, 12-5-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, REALTOR®
Global Executive Realty, LLC
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