Our Kakaako is the concept of Kamehameha Schools redevelopment of their land holdings in the Kakaako district of Honolulu. Situated closer to the downtown financial district, their land also includes some parcels on the makai (ocean side) of Ala Moana Boulevard in an area known as Kakaako Makai. Kamehameha Schools is partnering with local and national established developers to create a local vibrant community in thier Our Kakaako. Their goals of creating a pedestrian friendly, urban environment for people to gather. These developments promise to more affordable for local people to come and enjoy.
They are also making a commitment to try to work with the existing fabric of the neighborhood. They are repurposing and remodeling buildings to keep that industrial, warehouse look. This is an attempt to reach back to the history and sense of place.
They are also doing much more for the community. They are encouraging small locally owned businesses to populate the area. Start-ups and unique businesses have been given a hand. Small businesses like a micro-brewery, an artists’ enclave, interior designers, and clothing designers are just a few of the types of businesses being nurtured here. This is also fast become one of the popular places for nightlife. Regular block parties and events are being held in this area of Kakaako every weekend.
Most of the Our Kakaako condos are more moderately priced which shows Kamehameha Schools commitment to the local community. There are some exceptions with this.
Further towards the mountain along Kapiolani Boulevard, transformation is ongoing. Separate projects are turning Kapiolani boulevard into a more upscale tree-lined street. Many of the luxury car manufacturers have already gravitated to this area years ago and with projects such as 909 Kapiolani, Pacifica Honolulu and One Ala Moana we are seeing the foundation for this transformation for condominiums.
New condominiums are planned and nearly finished along this corridor which includes the Symphony and Kapiolani Residences. There is at least one unnamed condominium that will be popping up along Kapiolani Blvd.
New Waikiki Condos
Because Waikiki is already built up, there are much less opportunities for new condominiums. Typically new condos in Waikiki will be of the condotel variety. The latest projects are the Ritz-Carlton Residences and the Kings’ Village mall will be rebuilt into a luxury condominium located at 133 Kaiulani.
In all, we are looking at a major transformation of the Honolulu skyline with all of these condominiums. They support the active lifestyle Hawaii residents and visitors crave. It means spending more time outside enjoying the bright sunny warm weather.
Browse all Waikiki condos here