{"id":1004080895,"date":"2013-07-28T21:20:33","date_gmt":"2013-07-29T05:20:33","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=153164"},"modified":"2020-05-12T02:31:36","modified_gmt":"2020-05-12T10:31:36","slug":"hcda-green-lights-first-of-three-howard-hughes-residential-projects-in-downtown-honolulu","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hcda-green-lights-first-of-three-howard-hughes-residential-projects-in-downtown-honolulu\/","title":{"rendered":"HCDA Green-Lights First of Three Howard Hughes Residential Projects in Downtown Honolulu"},"content":{"rendered":"<p><!--[if gte mso 9]><xml><br \/>\n<o:OfficeDocumentSettings><br \/>\n<o:AllowPNG\/><br \/>\n<\/o:OfficeDocumentSettings><br \/>\n<\/xml><![endif]--><\/p>\n<p><!--[if gte mso 9]><xml><br \/>\n<w:WordDocument><br \/>\n<w:View>Normal<\/w:View><br \/>\n<w:Zoom>0<\/w:Zoom><br \/>\n<w:TrackMoves\/><br \/>\n<w:TrackFormatting\/><br \/>\n<w:HyphenationZone>21<\/w:HyphenationZone><br 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mso-fareast-language:EN-US;}\n<\/style>\n\n\n\n\n<p><![endif]--><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Ward-Village.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-153165\" title=\"Ward Village\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/07\/Ward-Village.jpg\" alt=\"\" width=\"300\" height=\"190\" \/><\/a><\/span><em style=\"mso-bidi-font-style: normal;\"><span lang=\"EN-US\">By Adriana Pop, Associate Editor <\/span><\/em><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">The first of the three residential towers proposed by the Howard Hughes Corp. in Honolulu\u2019s Kakaako neighborhood has been approved by the Hawaii Community Development Authority. <\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">According to <a href=\"https:\/\/www.kitv.com\/news\/hawaii\/hcda-gives-nod-to-first-of-three-howard-hughes-highrise-towers\/-\/8905354\/21025760\/-\/100tmhez\/-\/index.html\" rel=\"nofollow\" ><em style=\"mso-bidi-font-style: normal;\">KITV.com<\/em><\/a>, the Dallas-based developer is planning the construction of a 424-unit affordable high-rise at the corner of Ward Avenue and Halekauwila Street. The development of the 38-story structure at the site of the old Dixie Grill restaurant would fulfill a requirement that allows Howard Hughes to build two market-rate residential towers in Kakaako.<\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">One of the projects will be located on a surface parking lot across from the Consolidated Theatres Ward Stadium 16, while the other will be built at the current Pier 1 Imports location diagonally across the street. Combined, the high-rises would bring a total of 500 condominiums.<\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">\u201cThere has been a significant lack of housing delivered in the last five years&#8211;actually, the lowest levels since World War II. There is a shortage of housing on Oahu. We feel there is significant demand, and we can meet the demand with three different price points and three different projects,&#8221; Howard Hughes&#8217; vice president of development, Nick Vanderboom, told <em style=\"mso-bidi-font-style: normal;\">KITV<\/em>.<\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-US\">The three high-rises represent the initial phase of the developer\u2019s 60-acre Ward Village community, which calls for the construction of 22 towers in Kakaako. The company has an approved master plan to build as much as 9.3 million square feet of mixed-use development, including 4,300 residential units and about 1.5 million square feet of retail and other commercial space through 2024.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"tab-stops: 106.5pt;\"><em style=\"mso-bidi-font-style: normal;\"><span lang=\"EN-US\">Photo credits: www.avisionforward.com<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first of the three residential towers proposed by the Howard Hughes Corporation in Honolulu&rsquo;s Kakaako neighborhood has been approved by the Hawaii Community Development Authority.<\/p>\n","protected":false},"author":1269,"featured_media":1004505673,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1588,21742],"tags":[1815],"class_list":["post-1004080895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-honolulu","category-latest","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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