The Honolulu City Council gave a 9-0 approval for the height increase requested by developer PACREP2 LLC for the second tower of the Ritz-Carlton Waikiki project. The property, located at 2139 Kuhio Avenue, is now allowed to be 350 feet tall, instead of the standard 300 feet that was allowed under the Waikiki Special Design District. PACREP2 will be forced to make some additional concessions including building the second tower no closer than 75 feet from the first tower. The second tower will still need to obtain a Waikiki Special District use permit from the Department of Planning and Permitting before it is allowed to proceed.
Source: Honolulu Star Advertiser, 3-13-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
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