Updated 11/20/24: Exciting news for home buyers in the beautiful Manoa neighborhood! A new residential project called Aria Lane Manoa is in the works, and it's set to bring a fresh wave of real estate opportunities to this sought-after area. Spearheaded by local developer Christine Camp of Avalon Group, this project promises to be a game-changer for those looking for a brand-new home in one of Honolulu's most picturesque locations. With Manoa's lush greenery, stunning views, and close proximity to prestigious schools and the University of Hawaii, it's no wonder that this neighborhood is highly coveted by homebuyers. The addition of Aria Lane Manoa will only enhance the appeal of this already desirable locale. The proposed development will sit on 11.2 acres of residential zoned land at the former St. Francis School site and aims to offer a diverse range of housing options, to include 85 single family homes of 3 & 4 bedrooms and between 8-14 multi-family units, primarily 2 bedrooms.  The single family homes will range from 1,600 to 3,000 sf w/garage, some including a legal Accessory Dwelling Unit (ADU) with a separate kitchen possibly for in-laws or a rental. Space for four cars included,  with 42 guest parking to lessen street parking. The multi-family units will be approximately 750 sf including 2 parking stalls, designated for affordable housing/first time buyers. These will be provided offsite. The affordable housing component will be in the 100%-120% Area Median Incom (AMI) category for households of 2-5. Located at 2707 & 2715 Pamoa Rd, the devleopment will also include 45,000 sf of recreational space to include bike/walk/jogging paths and active recreational parks. Plans include opening up access to a now closed off Maile Way, with a bike path and walkway proposed that would connect the community to the University of Hawaii campus next door. Sales are estimated to begin in the first quarter of 2025 with completion of the first phase in 2027. Interested, qualified parties are encouraged to contact one of our Buyer Representatives for a site tour or call (808) 392-8852. For more information and to be added to the interest list for this project, visit and register at Aria Lane Manoa.  

A new initiative from the Hawai‘i Housing Finance and Development Corporation (HHFDC) aims to support essential workers in Hawai‘i, such as healthcare professionals, educators, law enforcement officers, and agricultural workers, in purchasing their own homes. The DURF Equity Pilot (DEP) Program, a five-year effort that launched this year, is part of the broader Dwelling Unit Revolving Fund (DURF), established in 1970 to help fund housing developments and infrastructure projects. HHFDC’ goal was to explore ways to make housing more affordable for middle-income earners. They have many programs for households earning up to 60% of the area median income, but fewer options for those above that threshold. DURF has received $50 million annually from the state legislature over the past two years, with $10 million allocated for the pilot DEP program. Under the DEP program, HHFDC purchases partial equity in condominium units offered to qualifying professionals, typically 10% to 20% of the purchase price which reduces the upfront cost for the buyer. When the homeowner eventually sells the property, they repay the equity and the state recoups its investment through its share of the equity. To qualify for the program, buyers must already be residents of Hawai‘i and agree to live in the property they purchase, among other eligibility criteria. New construction developments participating in the DEP program along with the avaialble units offered are: Kuilei Place in Moiliili:  28 Two-Bedrooms Modea on Queen Street in Downtown Honolulu: 12 studio and 13 one-bedroom units. The Flats at Sky Ala Moana East: 24 studios and 2 two-bedrooms. For information visit any one of the participating projects above or email us at info@onepacificrealty.com.

📸 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.