Gerding Edlen Tapped to Develop Kamehameha Schools’ Workforce Rentals in Kakaako
- Feb 17, 2014
By Adriana Pop, Associate Editor
Kamehameha Schools has selected Oregon-based Gerding Edlen to develop a 209-unit workforce rental project, which will be part of the company’s $300 million Keauhou Lane mixed-use residential development in Kakaako.
According to the Pacific Business News, plans call for a nearly 70,000-square-foot building with studio, one-bedroom and two-bedroom apartments reserved for middle-income workers. The six-story structure will also feature 17,590 square feet of ground-floor retail space, 14,290 square feet of ground-floor restaurant space and a 280-stall parking garage.
Kamehameha Schools has partnered with Stanford Carr Development for the construction of the Keauhou Lane project, which is slated to rise on a block bordered by South, Pohukaina, Halekauwila and Keawe streets.
Stanford Carr’s portion of the development includes a 40-story residential tower called Keauhou Place and a parking structure. The high-rise will bring 600 residences, 400 of which will be for-sale units, while the remaining 200 will be rentals, along with ground-floor commercial space.
The new tower will be separated from Kamehameha Schools’ low-rise mixed-use building by a pedestrian promenade that may connect to the rail transit station planned by the Honolulu Authority for Rapid Transportation.
Combined, the two housing projects will offer a total of 800 residences, about 50,000 square feet of recreational space and more than 65,000 square feet of open space. Construction is expected to begin in mid- to late 2014 and be complete in 2016.
The Keauhou Lane development is part of Kamehameha Schools’ “Our Kakaako” master plan, which calls for the development of seven residential towers on nine city blocks. Upon completion, the high-rises will bring a total of 2,750 residences and 300,000 square feet of commercial space on 29 acres of land in Kakaako.
Photo credits: www.ksbe.edu