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Kakaako 'workforce housing' condo tower approved

By Andrew Gomes

LAST UPDATED: 1:27 a.m. HST, Dec 5, 2013

A state agency approved a developer's plan Wednesday to build a 410-unit "workforce housing" condominium known as 801 South St. Tower B at the Ewa end of Kapiolani Boulevard.

The board of the Hawaii Community Development Authority, the agency regulating development in Kakaako, voted 6-0 to allow the project proposed by developer Downtown Capital LLC led by Marshall Hung.

Tower B is the second phase of 801 South, where construction is underway on an initial tower with 635 units.

Both towers are aimed at moderate-income buyers under HCDA "workforce housing" rules.

Prices for Tower A units range from $250,000 to $500,000. Prices for Tower B range from $329,400 to $692,300.

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