POSTED: 02:15 p.m. HST, Dec 04, 2013
LAST UPDATED: 01:27 a.m. HST, Dec 05, 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.