Jack Tyrrell specializes in Kakaako, Honolulu, Hawaii luxury condo projects.

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Neighborhood News: Additional Bikeshare stops coming to Ward and Ala Moana area

Photo: Biki, Bikeshare Hawaii

Photo: Biki, Bikeshare Hawaii

Bikeshare Hawaii announced that the nonprofit is adding another 10 stations to increase access to its Biki bikeshare program.  They have been installed as of Monday, August 14, 2017, so please be aware.  Read more from the Pacific Business Journal, below.

The new stops, which will be located between Downtown Honolulu and Waikiki, will bring the total number of Biki stops from Chinatown to Diamond Head to 99, while the number of available bikes increases to 1,000.

"Biki users have requested Biki Stops in areas where there are gaps, and these new locations will help satisfy those requests," Bikeshare Hawaii said in a statement. "None of the new locations take parking spots."

More than 75,000 Biki trips have been recorded since the launch of the bikeshare program in late June. Bikeshare Hawaii says the program records between 1,800 and 2,100 trips per day.

Installation of the 10 new stations will take place on Monday. The new stations include:

Kakaako/Ala Moana Area:
·Pohukaina Street near UFC Gym

Ward Area:
·Ward Village in front of Real Gastropub
·Ward Village near the former Sports Authority
·Kolowalu Park

Downtown:
·Beretania and Punchbowl streets near Department of Health
·Fort Street Mall at King Street
·Fort Street Mall at Queen Street
·Punchbowl Street near Queen Street
·Beretania Street at Isenberg Street

Waikiki:
·Kalakaua Avenue between Ohua and Paoakalani avenues

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Sig Zane partners with Ward Village in design project

From left: Hinaleimoana Wong-Kalu, Brandy-Alia Serikaku, Sig Zane and Kuhaʻo Zane of Sig Zane. Photo via Pacific Business News

The Howard Hughes Corporation has announced a very exciting partnership with local art talent Sig Zane and his innovative, kind, and creative team.  Through this partnership, stories and history of the land Ward Village sits on will be told throughout the community.

Read more from Pacific Business News' story, below:

Hawaii artist Sig Zane will begin creating designs in Ward Village through a community design partnership.

Zane’s Hilo-based design-service company, Sig Zane Kaiao, will visually translate the story of Ward Village and its history through a series of patterns, logos and artwork that will be featured throughout the urban Honolulu neighborhood, according to a statement issued Thursday.

The partnership between the local artist and the 60-acre Honolulu community was formed through Ann Harakawa of Two Twelve and cultural expert Hinaleimoana Wong-Kalu, who has assisted with naming the residential towers in Ward Village.

The partnership will focus on incorporating the history of the land into a visual narrative of Ward Village.

"Our entire team has embraced the opportunity to learn about Ward Village and to play a part in what's being done to revitalize Honolulu's urban core,” Sig Zane said in a statement. “We look forward to creating a visual narrative for a community that truly embraces its history and culture."

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Honolulu's next Target store plants to open at Ala Moana Center

Target in Kailua, Oahu, Hawaii. Photo via Pacific Business News.

Target in Kailua, Oahu, Hawaii. Photo via Pacific Business News.

Target has planned to open its seventh store in the state at Ala Moana Shopping Center.  It will occupy the former Nordstrom space on Kapiolani Boulevard.  Target will bring even more convenience and options to the neighborhood!  Read more in Pacific Business News' exclusive story, below:

Target is planning to open its seventh store in Hawaii at the Ala Moana Center in Honolulu in a space previously occupied by a Nordstrom store, Pacific Business News has learned.

The Minnesota-based big-box retail chain applied for a $2 million building permit this week with the City and County of Honolulu’s Department of Planning and Permitting for space 2401 at the Ala Moana Center.

Saks Fifth Avenue is opening a Saks Fifth Avenue Off 5th store in a 41,000-square-foot space in the ground floor of the former Nordstrom store along Kapiolani Boulevard. That store is scheduled to open next spring. Some of the ground-floor space will being divided into small retail stores.

Sources tell PBN that Target will take up nearly 80,000 square feet on the second and third floors of the former Nordstrom store, which moved to the state’s largest mall’s new Ewa wing.

Demolition work related to the development of the new Target store is scheduled to start in November, according to sources.

Target Corp. (NYSE: TGT) currently has stores in Kailua in Windward Oahu, Salt Lake in Honolulu, Kapolei in West Oahu, Kahului on Maui, and Kailua-Kona and Hilo, both on the Big Island

After breaking the news regarding Nordstrom’s move to the other side of the Ala Moana Center, sources told PBN that Target would be opening in the Nordstrom space.

Target also has a 32,537-square-foot warehouse on Oahu that serves as a central distribution warehouse for all of its stores in the state.

Target will join Ross Dress for Less, another big-box retailer, at Ala Moana Center. Ross has signed a lease for a location between Old Navy and Saint-Germain Bakery in the mall’s old Ewa wing. About a block away there are other well-known retailers including Walmart, another Ross store and the state’s flagship Walgreens store.

A spokeswoman for the Ala Moana Center told PBN that she was unable to comment at this time.

PBN reached out to Target for comment on Thursday.

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Howard Hughes' Honolulu luxury condo towers nearly sold out

Rendering of Anaha Luxury Tower at Ward Village, The Howard Hughes Corp.

Pacific Business News' Duane Shimogawa provides an update of The Howard Hughes' Corporation's Ward Village projects, below.  Highlights include sales at Waiea, Anaha, Aeo, and Ke Kilohana projects:

The Howard Hughes Corp. (NYSE: HHC) has sold about 91 percent and 92 percent of the 491 total units at its Waiea and Anaha mixed-use condominiums in Honolulu, respectively, the Texas developer said Monday in its second-quarter earnings report.

Howard Hughes sold 158 of the 174 units at its Waiea project and 292 of the 317 units at its Anaha condo.

The $403 million Waiea condo is scheduled to be completed in the fourth quarter, and the $401 million Anaha condo is expected to be done in summer 2017. Thus far, Howard Hughes has spent $303.5 million on Waiea and $170.2 on Anaha.

Aeo, the third of the four mixed-use condo towers planned for the first phase of the developer’s 60-acre Ward Village master-planned community, should be completed by late 2018. The developer has spent $39.2 million so far on its $430 million Aeo condo.

Whole Foods Market Inc.’s (Nasdaq: WFM) flagship Hawaii store has pre-leased about 81 percent of the retail space in Aeo. Howard Hughes has sold 241 of the 466 units in this condo, or about 52 percent.

The 375 workforce units at its 424-unit Ke Kilohana condo are sold out. The market-rate units began pre-sales in late July on the $219 million project. The developer has spent $10.5 million thus far on Ke Kilohana.

The Dallas developer reported a profit of $67.3 million, or $1.58 per diluted common share in the second quarter, up from $24.2 million, or 56 cents per diluted common share, in the same quarter last year.

Hawaii regulators last week approved its $20 million plan to upgrade Kewalo Basin Harbor in the Honolulu neighborhood of Kakaako. The harbor is located across the street from Ward Village.

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Korean developer's $200M Honolulu condo tower to start construction next month

Photo credit: SamKoo Development

Photo credit: SamKoo Development

Ground has broken today, July 13, 2016, on the Ala Moana area's newest affordable housing condo.  If you missed out on Ke Kilohana at Ward Village, this is a new opportunity for you to obtain an affordable housing unit.  Visit KapiolaniResidence.com for more information on the development, or call my office so we can discuss the details and if you qualify!

Read more via the Pacific Business News, below: 

South Korean developer SamKoo Development plans to start construction on its mostly affordable $200 million mixed-use condominium high-rise near the Diamond Head end of Ala Moana Center in Honolulu next month, a company executive confirmed to Pacific Business News.

Joined by business, political and community leaders, the developer held a blessing and groundbreaking Wednesday at the property’s more-than-an-acre site along Kapiolani Boulevard near Atkinson Drive.

The 45-story Kapiolani Residence project will include 484 units, of which 60 percent, or 292 units, will be designated as affordable and reserved housing for qualified Hawaii residents. The remaining 192 units will be market-priced.

The units will include studios and one-, two- and three-bedroom homes ranging in size from 460 square feet to 1,331 square feet. Affordable units are being priced starting at $272,000. These units will be targeted at households earning 80 percent to 120 percent of the area median income, or $53,700 to $80,520 for a single person.

“You have to lower your expectation on the revenue side of it,” Timothy Yi, president of SamKoo Pacific LLC, a subsidiary of SamKoo Development, told PBN when asked about how it has made the project work from an economic standpoint. “It’s just that we are trying to not be a greedy developer. My chairman and CEO believes in contributing to the community, so that’s why we’re able to do what we do. I’m hoping other developers will see the example of what we do. It is very important we are successful in this project, so that it will be the example for other developers to continue [satisfying the affordable] market.”

SamKoo Pacific worked with the Hawaii Housing Finance and Development Corp. on the project. The project’s development team includes general contractor Hawaiian Dredging Construction Co. Inc. and architecture firm Design Partners. Locations LLC is handlings sales for the project.

It will include four commercial spaces on the ground floor for a total of 3,500 square feet that will include a coffee shop, sandwich shop or convenience store.

The developer also has plans to build a second tower near its first one at 1391 Kapiolani Blvd. on the former Motor Supply Co. lot, which also includes about 485 units in a 45-story tower with both affordable and moderately priced units.

“At this point, we are planning to do the same project,” Yi said. “If everything moves as well as it should be, we will do the projects back to back.”

He noted that the demand for units in Kapiolani Residence has been sky high, with 2,200 people registered for units on its website and 1,500 packets about the project picked up in just about a month’s time.

SamKoo Pacific anticipates finishing up the project by summer 2018 under a 22-month construction schedule.

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Accessory Dwelling Units in Honolulu: What you need to know

Photo of converted garage by Martin John Brown,  accessorydwellings.org

Photo of converted garage by Martin John Brown, accessorydwellings.org

On September 14, 2015, Mayor Kirk Caldwell signed Bill 20, allowing accessory dwelling units, into law. This law will make it easier for you as a homeowner and investor to convert a part of your property into rental units or to build additional dwellings on your property.

According to the City and County of Honolulu's Department of Planning and Permitting, the "purpose of this Ordinance is to allow ADUs as a permitted use in Residential and Country zoning districts and to encourage and accommodate the construction of ADUs, which will increase the number of affordable rental units and help alleviate the housing shortage in the City." 

What kinds of opportunities do ADUs present to you as a homeowner and investor? Such units may provide you extra rental income. They also constitute as an asset-building strategy for you, and may improve the value of your property. Furthermore, according to the U.S. Department of Housing and Urban Development, "ADUs are smaller in size, do not require the extra expense of purchasing land, can be developed by converting existing structures, and do not require additional infrastructure."

Here are some quick answers to some of your questions, taken from the City website:

  • Where can I build an ADU? An ADU can be built on any lot zoned Residential (R-3.5, R-5, R-7.5, R-10, and R-20) or Country District with a lot area of 3,500 square feet (SF) or more provided that there is adequate infrastructure and subject to meeting all other Land Use Ordinance provisions for the zoning lot and there are no restrictive covenants. 
  • How big can an ADU be? An ADU can be a maximum of 400 SF for lots ranging between 3,500 SF and 4,999 SF and 800 SF for lots greater than 5,000 SF.
  • In addition to the principal dwelling unit, how many ADUs can I build on a single lot? Only one additional dwelling unit is permitted. ADUs are not permitted on lots that already have more than one dwelling unit, including but not necessarily limited to, more than one single-family dwelling, a two-family dwelling, accessory authorized ohana dwelling, or guest house. Properties with multi-family dwellings, or which are part of a planned development housing, cluster, or group living facility are also not eligible
  • Are owners required to live on the property? Yes, either the ADU or primary dwelling unit must be occupied by the property owner(s), or persons who are related by blood, marriage, or adoption to the property owner(s), or designated authorized representative(s), except in unforeseen hardship circumstances (i.e., active military deployment, serious illness).
  • Is there a minimum occupancy period for an ADU? Yes, an ADU may not be occupied for less than a six month (180 days) period.
  • Is there enough sewer and water capacity to accommodate ADUs? Sewer and water capacity varies from location to location. To assure the adequacy of the existing infrastructure, prospective applicants will need to receive confirmation from all appropriate agencies (The Department of Planning and Permitting’s (DPP) Customer Service Division; Wastewater Branch; and Traffic Review Branch, State Department of Health, Board of Water Supply, and Honolulu Fire Department), affirming the capacity of needed infrastructure. The DPP has developed a step-by-step Public Facilities Pre-Check Form for homeowners or contractors to get the required approvals. No building permit for ADUs shall be issued unless there is adequate infrastructure to support it.
  • Is parking required for an ADU? The ADU law requires one parking space to be located on the lot per ADU, in addition to the required parking for the primary dwelling unit. Tandem parking and compact stalls are permitted. However, ADUs within one-half mile of a rail transit station do not require parking. 

The above information was taken from the City's website here, or download the info sheets below:

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Neighborhood News: Foodland store at Ala Moana Center will be largest in Hawaii

Exciting neighborhood news was announced today: the community's favorite Foodland Hawaii is returning to Ala Moana Center next year!
The Center is and will truly continue to be a one-stop shop for all of your needs.

From Pacific Business News, July 20, 2015:

Nearly seven months after Foodland closed the doors to its ground level location in Ala Moana Center in Honolulu, the family-owned grocery chain will return to Hawaii’s largest shopping mall in July 2016.

“To have the opportunity to again be part of a neighborhood we served for more than 50 years is truly an honor,” Foodland Super Market Chairman and CEO Jenai S. Wall said in a statement on Sunday. “Returning to Ala Moana means so much to our company and we are grateful to General Growth Properties for making what seemed like a dream for our employees and loyal customers a reality.”

The old 18,500-square-foot Foodland grocery store on the street level of the mall — one of its original tenants when it first opened in 1959 — closed in December after company executives decided to not renew their lease for the space.

When it reopens beneath the 185,000-square-foot Nordstrom department store being developed in the mall’s Ewa Wing on Piikoi Street, the new 47,395-square-foot flagship Foodland Farms store will include a The Coffee Bean & Tea Leaf, R. Field Wine Co., a Foodland Pharmacy and an in-store bank.

The new store will be more than twice as large as its original location, near the Ala Moana Center post office, and be the largest Foodland location in the state.

“Foodland Farms will be a perfect complement to the Center’s expansion, and it will help us better serve our customers and nearby residents,” Ala Moana Center general manager Francis Cofran said.

Plans for the new store are being drafted and construction should begin later this year.

Foodland Farms Ala Moana Center is a part of mall owner General Growth Properties' $573 million expansion project to transform its Ewa Wing into an expanded three-level retail area with 650,000 square feet of new retailers, including a 167,000-square-foot Bloomingdale's department store.

The 19 confirmed retailers for the newly redeveloped Ewa Wing include Nitrogenie; Lorna Jane Active Living; Laline; Magnolia Bakery; Ninja Sushi; Pierre Marcolini; Ted Baker London; Tempura Ichidai; Zara; Kay Jewelers; David Yurman; The D Shop — Desigual; Gloria Jean's Coffee; Island Slipper; Agent Provocateur; Aqua BLU; The Art of Shaving; Hugo Boss; and Calypso St. Barth.

The full project is expected to be complete in November 2015. Nordstrom will relocate to the Ewa wing in March 2016.

We have great listings in the Ala Moana and Kakaako areas, so don't hesitate to make this exciting area to live, work, and play your neighborhood today!

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