Update on Artspace in Kakaako
The Hawaii Community Development Authority has voted 6-0 in favor of issuing the non-profit Artspace to build an eight story building in Kakaako. Under Artspace's proposal, their building will feature a total of 84 rental lofts that will serve as housing for artists. Monthly rents will range from $437 to $1,334 per month and will target those households earning between 30 percent to 60 percent of Honolulu's median income ($20,150 for a single person or $40,260 for a family of four on the low end). "Art" for the Artspace project is defined broadly and can include literature, photography, architecture, singing, dancing, film-making and acting. Even technicians, administrators and teachers who support art can qualify. The quality of the art produced will not be a factor in deciding occupancy. The building should be finished by the end of 2016.
