Kamehameha Schools has enlisted Castle & Cooke Homes Hawaii Inc. to develop a piece of the trust’s master plan for Kakaako.
Castle & Cooke will develop 183 condominiums and rental apartments along with commercial space on part of a block Diamond Head of One Waterfront Towers.
The parcel is bounded by Auahi and Pohukaina streets, One Waterfront and Keawe Street and is slated for midrise building structures under the trust’s Our Kakaako master plan.
Tenants on the block — including Alu Like, nonprofit volleyball institute Ka Ulukoa, J’s BBQ and Hawaiian Beauty Products Ltd. — began receiving notices in June that they would have to relocate to make way for development.
The landowner and the developer plan to provide more details about the project Wednesday.
The Kamehameha Schools master plan involves nine blocks in Kakaako slated for 2,750 housing units, mostly in seven towers, and 300,000 square feet of commercial space.
An initial piece of the master plan was a 54-unit affordable rental apartment building called Six Eighty Ala Moana which Kamehameha Schools converted from an old office building and completed in 2012.
Two other pieces have been approved for development but have yet to start construction. They are a tower complex with 470 condos called The Collection on the former site of a CompUSA store at the makai end of South Street, and a retail complex dubbed SALT to be created mostly by renovating old buildings on a block next to The Collection.
A fourth piece of the master plan is a 209-unit midrise apartment building next to a 40-story condominium and a midrise townhouse building called Keauhou Lane on a block mauka of the Castle & Cooke project site. A development permit for Keauhou Lane has yet to be considered by the Hawaii Community Development Authority, the state agency regulating development in Kakaako.
The Castle & Cooke project will be a fifth piece of the Kamehameha Schools master plan, which also includes three luxury condo towers fronting Ala Moana Boulevard.
