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Whiskey Tango Foxtrot
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Discussion Starter · #1 · (Edited)

http://801southst.com/news/


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*Note: As residents move into the first tower work is already underway on the second.


$200M Kakaako condo project OK'd

POSTED: 01:30 a.m. HST, Dec 06, 2012

- Star-Advertiser

A $200 million high-rise condominium project that would create 635 affordable homes at the former Hono*lulu Advertiser property in Kakaako was unanimously approved Wednesday by the Hawaii Community Development Authority.

The 46-story tower proposed at 801 South St., makai of the historic News Building, will provide a mix of studio, one- and two-bedroom units at prices ranging from $250,000 to $550,000. Construction and sales are expected to begin in mid-2013 and be finished in 2015.

If demand is strong, the company plans to develop a second high-rise of 400 affordable-housing units on the property adjacent to the tower now being proposed. The overall cost of the two towers would be $400 million. The initial tower will create jobs for 350 construction workers and 50 companies that will design, supply and manufacture materials for the project.

Developer Marshall Hung, who heads Honolulu-based Downtown Capital LLC, said a lottery will be held for eligible buyers for the first tower, and he's optimistic that it will sell out quickly.

"Hawaii Five-0," which has been using the News Building for production, could move into the state's film studio at Diamond Head for next season. Last month's cancellation of the ABC drama "Last Resort," which had been using the film studio, leaves a vacancy at the facility.

Hung said HCDA's unanimous vote was recognition of a major community need. "The project is designed to meet the critical shortage of affordable housing in the urban core of Honolulu," he said. "With our design and construction team sharing this affordable housing goal, this community need can be fulfilled."

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Now in the Giant Economy Twin Size!

Not only is Honolulu getting one ugly 801 South tower but it is getting TWO of them! :eek:hno:

801 South Street Phase II:

 

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Whiskey Tango Foxtrot
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55,632 Posts
Discussion Starter · #2 · (Edited)
Sales begin for affordable condo tower on former Honolulu Advertiser site


http://801southst.com/

Mar 8, 2013, 12:04pm HST

The sales process for a $200 million high-rise affordable condominium tower planned for the site of the former Honolulu Advertiser building start on Saturday, when prospective buyers can sign up for a lottery for more than half of the 635 units at 801 South St.

Prospective buyers will be able to pick up packets for the 322 studio, one- and two-bedroom units designated as owner-occupant units, which will be assigned in a lottery on March 23.

That is according to a statement from developer Marshall Hung of Downtown Capital LLC, an affiliate of Island Insurance sister company Tradewind Capital LLC, which bought the former Advertiser property from Gannett Co. (NYSE: GCI) last year for $23 million. The sales office for the project is located a block away at the corner of Keawe and Queen streets.

Three-quarters of the units in the 46-story building are designated as “work-force housing” for households earning up to 140 percent of the median income in Honolulu. The project was approved by the Hawaii Community Development Authority in December.

Construction on the project will begin this summer. Hawaiian Dredging Construction Co. is the general contractor, and Kazu Yato AIA & Associates Inc. is the project’s architect.


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Guayaquil Vive Por Ti!
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This will be the ugliest highrise in Honolulu built during the last three decades. And to think that there will be TWO of these towers. :eek:hno:
 

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Whiskey Tango Foxtrot
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Discussion Starter · #10 · (Edited)
This will be the ugliest highrise in Honolulu built during the last three decades. And to think that there will be TWO of these towers. :eek:hno:
As you posted in the Honolulu thread: ;)

Not only is Honolulu getting one ugly 801 South tower but it is getting TWO of them! :eek:hno:

801 South Street Phase II:

I just hope people who need the housing are grateful...


Here's a timelapse of the site work:

 

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Moderator
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not bad at all! :eek:kay:
 
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Whiskey Tango Foxtrot
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Discussion Starter · #12 · (Edited)

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Real Horrorshow
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Sorry but these are atrocious. Like the apartments from Hong Kong but much worse.
What were they thinking with those colours?
 

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Whiskey Tango Foxtrot
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Discussion Starter · #15 · (Edited)
State approves second tower at 801 South St.



The Kakaako project gets the OK despite concerns over traffic, density and prices
Sales are expected to begin early next year for a second "workforce housing"condominium tower in Kakaako aimed at moderate-income residents after a state agency approved the project at the mauka end of South Street on Wednesday.

Two towers with a combined 1,045 condominium units make up the $400 million 801 South St. project. An initial tower on the right was approved in December 2012 and is under construction. The second tower was approved Wednesday.

Second crane added:





_MG_7539 by Civil Beat, on Flickr
 

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Whiskey Tango Foxtrot
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55,632 Posts
Discussion Starter · #20 ·
:yuck:

Honolulu deserves something better , and surely did better stuff in the past :-(

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This is workforce housing intended for those at the lower end of the income spectrum, who are being priced out of Honolulu so it's spare in the details. I do agree that better architecture could have happened here. I think Honolulu needs to do more to attract top notch architects.
 
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