Although the Hawaii Community Development Authority (HCDA) has chosen a developer for a proposed 650-foot residential tower in Kakaako, it’s still accepting public comments on the project.
The HCDA Board unanimously approved Forest City Hawaii to build the $500 million project on two acres of state-owned land at 690 Pohukaina St. The project is a cornerstone in Gov. Abercrombie’s plan to develop a “third city” in Kakaako.
The proposal calls for building 804 residential units in either one 650-foot tower–about as tall as three Aloha Towers, it would exceed the city height limit by 250 feet–or two smaller towers. Forest City plans to construct 780 rental apartments that would be offered first to persons who meet income restrictions, as well as 24 luxury penthouses.
The Forest City plan beat out a proposal by Lend Lease to build and sell 1,002 condominiums.
Construction is tentatively set to begin in 2016, with completion by 2020. However, the developer must first seek a rule change to exceed the height limit and complete an Environmental Impact Statement, which will include public hearings. The HCDA Board currently has no public meetings scheduled to discuss the Pohukaina project. However, citizens may still submit testimony to the Board and keep informed of upcoming meetings (HCDA holds monthly public hearings) at [hcdaweb.org].