Quantcast

Monday, July 28, 2014         

 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

First Hawaiian Bank buys Kapolei land

By Star-Advertiser staff

POSTED:



First Hawaiian Bank has joined furniture retailer C.S. Wo & Sons buying land within a 40-acre site in Kapolei once envisioned to become a retirement community.

The bank bought one acre of land from an affiliate of Kisco Senior Living, a senior-housing developer expected to soon begin construction on 84 rental apartments for seniors called 'Ilima at Leihano on a 7-acre piece of the site.

The sale was announced Tuesday by commercial real estate broker Colliers International. A purchase price was not disclosed.

Kisco once envisioned a retirement community called Leihano at Kapolei with close to 800 homes for people age 55 and older on the 40 acres close to Kapolei's commercial core.

The developer, however, scaled back its residential plan and has offered parts of the block for commercial development including a hotel, retail, restaurants and medical services. More housing, including additional senior rentals and homes for residents without age restrictions, are also part of the revised plan.

C.S. Wo bought a 2-acre parcel last year and plans to develop a 55,000-square-foot store expected to open in early 2015.







 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

COMMENTS
(0)
You must be subscribed to participate in discussions
By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. Because only subscribers are allowed to comment, we have your personal information and are able to contact you. If your comments are inappropriate, you may receive a warning, and if you persist with such comments you may be banned from posting. To report comments that you believe do not follow our guidelines, email commentfeedback@staradvertiser.com.
Leave a comment

Please login to leave a comment.
IN OTHER NEWS
Breaking News
Blogs
Political Radar
On policy

Warrior Beat
Apple fallout

Wassup Wit Dat!
Can You Spock ‘Em?

Warrior Beat
Meal plan

Volley Shots
Fey, Enriques on MJNT

Political Radar
Wilhelmina Rise, et al.

Court Sense
Cold War