October 2015

Found 1 blog entry for October 2015.

Recent reports have surfaced about South Korean developer SamKoo Development possibly starting construction on a sleek new condominium tower near the Diamond Head end of Ala Moana Center as early as next month. Should the project move forward, plans for the new tower call for a 45-story building with 485 condominium residences at 1631 Kapiolani Boulevard—a site that’s only about a quarter mile from a future rail transit station that’s planned.

Being called Kapiolani Residence, the building will offer a mix of affordable one, two, and three bedroom units, with 60% of those specifically being set aside for households earning 80-120% of the area median income, or roughly $53,700 to $80,520 a year, or perhaps even less for a single person.

SamKoo Development

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