• Exciting New Affordable Housing Complex in Kapolei: Introducing Leiwili Kapolei

    Exciting New Affordable Housing Complex in Kapolei: Introducing Leiwili Kapolei,One Pacific Realty Inc

    📸 Ikenakea Development At ONE Pacific Realty, we are thrilled to share the latest development news from the heart of Kapolei. Local developer Ikenakea Development has announced plans for Leiwili Kapolei, a vibrant new 900-unit affordable housing complex that is set to transform the community. Affordable Housing for Rent and Ownership This mixed-use development will include a variety of affordable housing options, featuring both rental and for-sale residential units. Whether you’re looking to lease or invest in homeownership, Leiwili Kapolei will offer opportunities for individuals and families seeking modern, affordable living in a growing neighborhood. The project could include 484 affordable units catering to 60% AMI and below— meant for rental tenants — as well as 72 affordable for-sale units at 100% to 140% AMI.  A Hub for Living, Shopping, and Dining In addition to the residential component, Leiwili Kapolei will feature mixed-use retail spaces located on the ground floor. Residents and visitors alike will enjoy convenient access to shops, restaurants, and essential services — making Leiwili Kapolei a true hub for living, working, and enjoying all that Kapolei has to offer. Project Timeline and Affordable Housing Focus Ikenakea is leveraging tax credits and 201H exemptions from the Hawaii Housing Finance and Development Corporation (HHFDC) to ensure this project addresses the urgent need for affordable housing. The 201H exemptions are part of a state initiative to streamline affordable housing projects by waiving certain zoning and building code requirements, speeding up the process while maintaining quality standards. The developer anticipates securing city-issued building permits by April 2027, with construction set to begin in May 2027. The projected completion and lease-up for Leiwili Kapolei is slated for November 2028, bringing much-needed housing relief to the area. A Bright Future for Kapolei Leiwili Kapolei represents more than just housing — it’s a vision for Kapolei’s future. As the demand for affordable homes continues to rise, projects like this are key to ensuring sustainable growth and creating vibrant, inclusive communities. We’ll continue to provide updates as this exciting development progresses. Stay tuned for more details about Leiwili Kapolei, and feel free to contact ONE Pacific Realty at info@onepacificrealty.com if you’re interested in learning more about the housing opportunities in this new community. Leiwili Kapolei is not just a project; it’s a promise for a brighter tomorrow.

    Read More
  • Exciting News for Central Oahu: Get Ready for Malu Koa West in Koa Ridge!

    Exciting News for Central Oahu: Get Ready for Malu Koa West in Koa Ridge!,ELMA JUAN (RA)

    Also known as the heart of the village, Koa Ridge is moving fast, and before you know it, you’ll see a fully developed community right before your eyes! A Community Built on Success Castle & Cooke have a proven track record of creating highly desirable communities, such as Mililani Mauka. Now, they are bringing their expertise to Koa Ridge. Malu Koa West is just a small part of this expansive and growing community, but its prime location in the heart of Koa Ridge ensures that you’ll be right where the action is.  The Village Green lawn will be the hub for farmers markets, cultural performances, art exhibits, and much more! Country Meets Contemporary  Malu Koa West will consist of 2 mid-rise buildings offering studios, one, two, and three-bedroom homes. This development won’t give you the typical high-rise city condo feeling but rather a condo-country home ambiance, perfect for those seeking a blend of tranquility and modern living. The Perfect Commute If you’re familiar with the notorious afternoon traffic coming from town, you’ll understand the importance of a well-placed home. Imagine coming home to Koa Ridge, where you’re perfectly positioned to avoid the worst of the traffic snarls.  Whether you’re heading to the west side, central Oahu, or the north shore, Koa Ridge offers unparalleled convenience and accessibility. Koa Ridge is strategically located right in the middle where the road forks to the west side, central, and north. Literally smack in the middle! It doesn’t get better than this! Stay tuned for more updates on this exciting development and get ready to experience the best of both worlds at Malu Koa West! Register & Learn More About Malu Koa West Here. Explore Other Communities In Koa Ridge: Waioha II - Selling Nanea - Phase III (TBA) Malina II - Affordable Housing (TBA)  

    Read More
  • Ililani Condominium: A Triumph of Perseverance and Affordability in Kaka'ako

    Ililani Condominium: A Triumph of Perseverance and Affordability in Kaka'ako,One Pacific Realty Inc

    The Ililani Condominium in Kaka'ako, a much-anticipated condominium development spearheaded by developer Ken Chang, has finally opened its doors after years of setbacks. On Friday Governor Josh Green, City officials, the developer's team and guests attending the blessing and official openning. This significant milestone is not just a testament to the developer's unwavering dedication but also a beacon of hope for affordable housing in Honolulu. Nestled in the vibrant neighborhood of Kaka'ako at 615 Keawe Street, Ililani offers a unique blend of modern living and urban convenience. The development, which features a variety of one and two-bedroom units with lanais, is designed to cater to a diverse range of residents, from young professionals to growing families. The building boasts amenities such as a rooftop deck, community garden, putting green, wading pool, events room and secure parking, ensuring a comfortable and sustainable lifestyle for its inhabitants. Ililani's journey has been anything but smooth. Despite facing numerous challenges, including the coronavirus, regulatory hurdles and market fluctuations, developer Chang remained committed to his vision of providing affordable housing. Remarkably, he was able to convert a number of market homes to affordable homes thus increasing the availability over the original numbers while also increasing the number of parking stalls. In addition, maintaing pricing consistenncy was particularly significant in a market where property values have soared, making homeownership increasingly out of reach for many. The opening of Ililani is a critical development for Kaka'ako, an area undergoing rapid transformation. By focusing on affordability, Chang has not only contributed to the community's growth but also set a precedent for future developments in the region. His efforts ensure that Kaka'ako remains accessible to a broader demographic, fostering a more inclusive and diverse community. Our brokerage, ONE Pacific Realty has assisted a number of buyers with their Ililani purchase, and are seeking a few more buyers to fill the remaining available 1 and 2 bedroom homes. Prospective buyers still have the opportunity to become part of this groundbreaking development and enjoy the benefits of living in one of Honolulu's most dynamic neighborhoods. For more information or to apply for one of the remaining homes, visit Ililani Kaka'ako, or contact one of Our Agents, or email info@onepacificrealty.com.  

    Read More