The Robertson Properties Group has received approval from the City and County of Honolulu to create the Live Work Play Aiea project on the site of the former Kam Drive In in Aiea. The $766 million project would include as many as 1,500 new residential units, out of which 30 percent must be affordable housing units under federal housing guidelines. What makes the project exceptionally interesting is that it will be Oahu's first transit-oriented project, since it will be created along the Honolulu Rail Project transit line, and will surround one of the rail project rail stations. Breene Harimoto, the City Councilman who represents the Aiea area, stated, "This will allow us not only to densify the urban core but really, truly, it will help us to maintain the country as country and to really preserve the outlying areas. This is the only way for us to go, densify the urban core."
The first phase of the Live Work Play Aiea is expected to be completed at the end of 2016.
Source: Honolulu Star Advertiser, 5-29-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
